$SAMP South American Properties announces a Construction update on the Colan Marina Project in Peru

DALLAS, June 13, 2013 / PRNewswire / -- South American Properties ( SAMP ), a Company focused on commercial real estate opportunities focused in South America , is proud to announce our first project the Colan Marina in Peru has completed the initial blueprinting and the survey work of the work site and architectural drawings have been completed for the first two Phases of the project. An exciting opportunity has arisen for South American Properties in recent weeks to purchase additional land tracks adjacent to the existing property that has been purchased which will allow for further expansion of the community in the future. The company plans on announcing the official ground breaking of the project soon. President and CEO Jeffrey Love stated, "We are pleased the project is moving forward and that the $30 million dollar Phase I part of the project will fill the need for a high-end secure Marina facility that is currently not available in the country of Peru."

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