Cape Verde Developments - Cape Verde Beach Development Sal
The development is located on Sal Island. The island is the tourist centre of Cape Verde. The project is being offered by the Islands largest developer and is situated just north of the islands Main town Santa Maria only 300m from wide golden sand beaches. The resort is designed to emulate a small colonial village amidst luxurious green areas. This is achieved through a balance between urban structures, along an exclusively pedestrian area and green community areas with private swimming pools.
The project will feature:
Apartments Studios, one, two and three bedroom, with balconies and terraces. Spread into 13 different gated communities.
Townhouses two and three bedroom, with private club and pools.
Villas three and four bedroom, with private pools and a central country club.
The resort will accommodate a 5* hotel, supermarket, tennis courts, botanical garden, bars, restaurants and other retail outlets to re-create the village feeling.
Across the resort there will be 17 swimming pools.
There will be resort management which will take care of all aspects of the resort as well as individual units as agreed with each owner.
Rental Guarantee to be run by the resort management office.
Homeowners will be given a gross annual rental return of 5% under the following terms:
1. The property unit has to be available to the management company 365 days a year
2. The payment will be adjusted pro-rata downwards according to usage rates
3. The payment of the return will be paid semesterly
4. The property should be furnished.
Apartments
The apartments are all located on the higher part of the development; they are distributed between 13 individually gated communities, around a dedicated pedestrian area.Apartments range from Studios to 3 bedroom properties, of various sizes (42m 134m) + terraces.
The properties are all built to a high standard including Granite kitchen worktop fitted with stainless steel sinks and taps; Mirrored bathroom cabinet with countertop in polished stone; Glazed china sanitary ware; Acrylic bathtubs and shower basins and fully fitted Kitchens including all white goods and pre-installation for the dishwasher.
Payment Terms
Now - 3,000 Reservation Deposit
28 Days 20% - Sign Purchase contract
20% / 20% / 20% - Throughout Construction
20% - On completion of project.
Every payment that is made is to be held in Escrow by the developers solicitors in London. The development also offers a Bank guarantee on every payment made before construction starts. The development has all relevant Building Licenses and offer a No. of guarantees once the property has been completed. Every property is Freehold, and there are absolutely no restrictions on selling before completion.
| Type 1 | 1 Bed | 57m2 + 9m2 Terraces | Prices from: 101,590 euros |
| Type 2 | 2 Bed | 94m2 + 21m2 Terraces | Prices from: 124,100 euros |
| Townhouses Type 2 | 2 Bed | 125m2 + 52m2 Terraces | Prices from: 192,500 euros |
| Townhouses Type 3 | 3 Bed | 162m2 + 54m2 Terraces | Prices from: 224,100 euros |
| Villas Type 3 | 3 Bed | 169m2 + 77m2 Terraces | Prices from: 297,100 euros |
