Tropical regions of Latin America have been incorporated into development in recent decades, with extensive cattle ranching as one of the main economic activities but without adequate planning, drastically degrading the ecosystem. In recent years, buffalo production has been incorporated into the region, with possibilities for development in profitable and sustainable models. To study this option in depth, a broad bibliographic review was carried out focusing on the ecological characteristics of tropical zones and the physiological and productive characteristics of buffaloes. We also investigated the structure and functioning of dual-purpose systems that have worked in cattle and that can be optimized with this alternative animal species. The possibility of taking sustainable advantage of abundant forage resources in the region was detected through intensive grazing models, as well as agrosilvopastoral systems, due to the gregarious qualities of buffaloes and responding to their thermoregulation needs. In this way, the productive and regenerative capacities of the dual-purpose system could be increased, as well as the quality of meat and milk, which could be marketed as differentiated products, taking advantage of their outstanding nutritional qualities. Integral management of the dual-purpose system is proposed, retaking the bases of the original model of family characters, diversified and with low investments and risks, which with specific innovations can be an effective development option for producers in the region.