SOURCE: Metrospaces, Inc.

Metrospaces, Inc.

March 10, 2016 08:00 ET

Metrospaces Announces the Beginning of the 2016 Wine Grape Harvest Season for Ikal Wines

MIAMI, FL--(Marketwired - Mar 10, 2016) - Metrospaces, Inc. (OTC PINK: MSPC) announces the beginning of wine grape harvest season in its Ikal Lodge and Winery Luxury Villa project.

Mr. Silva, Metrospaces CEO, stated: "Today we begin harvesting the earlier varietals such as Pinot Noir and Chardonnay. All our harvest has been pre-sold to world-class wine producers such as Pernod Richard and "Los Haroldos". We will however, put aside a small percentage of the best grapes to produce for the first time our Ikal Premiun line. Additionally, we have finished the bottling of our 2015 Ikal 1150 line of which we are particularly proud of the Pinot Noir we produce. Our 2015 Ikal 1150 wines are ready for export.

"In 2016 we will begin production of our first ultra-premium wine label in Malbec, Pinot Noir, Cabernet Sauvignon and Chardonnay, and will be aimed in particular to the U.S. Market."

See: www.ikal1150.com

For a link to the "IKAL LODGE AND WINERY" project:https://db.tt/XUFl8NhH

About Metrospaces

Metrospaces www.metrospaces.net is a publicly traded real estate investment and Development Company which acquires land, designs, builds, and develops then resells condominiums and Luxury High-End Hotels, principally in urban areas of Latin America. The company's current projects are located in Buenos Aires, Argentina, and Caracas, Venezuela. It is operated by an elite group of real estate professionals and entrepreneurs located around the world. Company shareholders have extensive careers in real estate financing worldwide, and have funded projects both in the America's and across Europe valued in excess of US $450Million.

Six years ago Metrospaces shareholders saw a unique opportunity to participate in several exciting property markets around the world. Through their world-wide network of highly recognized real estate entrepreneurs, the company was able to capitalize on unique real estate development opportunities. Since Inception the company has leveraged those relationships along with extensive financial expertise and transformed excellence by results.

Metrospaces is a boutique real estate development company, a product of the alliance of Metrospaces shareholders, along with an elite group of real estate professionals and entrepreneurs located around the world. Company shareholders have extensive careers in real estate financing worldwide, and have funded projects both in the America's and across Europe valued in excess of US $450Million.

Metrospaces' majority shareholders has partnered with Investors on Elite properties including The London BLVGARI 5 Star Hotel, and is currently involved in negotiations for the development of several Elite luxury properties in South America.

Among Metrospace partners are Architects, Real Estate Developers, Agents and Attorneys of the highest standing, with extensive experience in the global property market.

Metrospaces was originally founded by company CF Oscar Brito, and co-founded by Daniel Silva.

About Ikal Lodge and Winery:

Ikal Lodge and Winery is a 75 hectare wine-based vacation home/hospitality real estate project. The architectural project consists of a 25-master suite luxury hotel, a winery and 29 luxury villas that will be sold under fractional ownership. Ikal currently sells its award-winning wines in Spain, Mexico and the US. See: www.ikal1150.com .

Relevant Links:
http://metrospaces.net/

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Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Metrospaces Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

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