NOW AVAILABLE TO PURCHASE VIA A SIPP.
Salinas Sea forms a fantasic new 5 STAR FRONTLINE aparthotel complex WITH GUARANTEED RENTAL in the BEST LOCATION IN SAL and in our opinion will offer the best rental potential of any development in Cape Verde. This is an opportunity not to be missed. 50% MORTGAGES ON COMPLETION from Banco Espirito Santo, the largest Portuguese bank who are financing the project.
BUILDING IS NOW WELL UNDER WAY. COMPLETION EXPECTED EARLY 2011.
The Oasis Atlantico Group, the largest hotel owners in Cape Verde, are developing a frontline aparthotel complex on Santa Maria beach next to the Morabeza Hotel and Belorizonte Hotel. This superb project will consist of studios, 1 bed and 2 bed apartments, in a TOP QUALITY development with panoramic bars and restaurants, massive pools, open air jacuzzis, games room, lounges, reading areas, commercial areas, artificial beach, shallow pool lounging areas and spa.
We believe this is a great chance to invest in a top quality development which is unique in Cape Verde, in the last major beachfront location on Santa Maria Beach. There will be no plots left in Sal which will be able to have developments of this type directly on the south beach. Add to that the experience of the developers in the Cape Verde rental market, and this seems an opportunity not to be missed. 3 YEARS GUARANTEED RENTAL AT 5%.
Detailed information
5 STAR SALINAS SEA is ground and first floor in an E shape, with the centre fork containing a restaurant and bar with a large swimming pool overlooking the sea. There are leisure areas with fountains and waterways and sunbathing terraces. Clients who purchase at SalinasSea will have to sign a management agreement allowing rental of the apartment all year, except for 4 weeks, where the owner can use it. These 4 weeks cannot be taken during High Season, which is a maximum of 4 weeks a year. All apartments are freehold and can be sold at any time, but the new owner has to take on the management contract, which will last 10 years. Owners earn a share of the profits of the development after the 3 years guaranteed rental is over. The first year guaranteed rental pays for the furnishings of the apartment. The owner is able to get out of the rental agreement when the 10 years are up if they want to, giving 18 months notice.
Prices range from 81400 euros for a studio to 249,000 euros for the most expensive 1 bed on the front.
PLEASE FEEL FREE TO CALL US ON 01753 859233 FOR ADVICE ON PROPERTY PURCHASING IN CAPE VERDE.
IF YOU ARE IN SAL AND WANT TO MEET OUR REPRESENTATIVE PLEASE CALL 00238 999 1750.
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The Cape Verde Property Ltd Property Services Department are able to assist clients in preparing, repairing and maintaining their homes abroad.
Apartment clean Apartment clean and laundry service Apartment deep clean Key collection service Inventory check pre & post rental Snagging Photography service Air-condtioning units supplied and fitted Replacement locks Welcome food packs Linen supplies Utilities/Internet connections Painting and decorating Tiling Repairs Furniture Packs
Please email sales@capeverdeproperty.co.uk
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