International Land Alliance Inc (ILAL)

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$ILAL International Land Alliance Results from First Sales Tour of 2023

https://www.globenewswire.com/news-release/2023/01/18/2590868/0/en/International-Land-Alliance-Results-from-First-Sales-Tour-of-2023.html

Continued momentum from 2022 with $1M weekend

SAN DIEGO, CALIFORNIA, Jan. 18, 2023 (GLOBE NEWSWIRE) -- International Land Alliance, Inc. (OTCQB:ILAL), (“ILAL” or the “Company”), an international land investment and development firm, is pleased to announce strong results from its first sales tour of 2023 with 10 new home site sales generating roughly $300,000 in gross sales and 3 new construction starts for gross sales in excess of $600,000 at its Rancho Costa Verde (“RCV”) development.

Frank Ingrande, President of ILAL, commented: “We have seen a strong start to the 2023 sales cycle, reflecting the appeal of our affordable, high-quality real estate products. Growing income also offers support to our property valuations as the overall market adjusts to an environment of higher funding costs. Despite the difficult economic environment, our business is still well-positioned due to growing retirement numbers and the increasing demand for affordable luxury housing.”

The Company further announced the successful agent training at its Rancho Costa Verde development – adding to its existing network of California licensed real estate agents and brokers.

For more information about RCV, please visit: www.ranchocostaverde.com

For more information about the Company, please visit RedChip’s ILAL page at https://ilalinfo.com/.