Developments / Cape Verde

Salinas Sea Resort, Sal Island - Exceptional value 5-star beachfront aparthotel with 10 year rental income.

10% price increase on breaking ground, January 2008. Reserve now!

Location, Location, Location
The last beachfront location in the premier position
10 Year rental guarantee of up to 10% per year in 5 star resort
75% Mortgages available
Years 4 to 10, share of 60% income generated by the apart hotel, forecast to be approx 8% Gross.
10% in resort discounts further heightening rental opportunities
15km from Airport, close to Santa Maria town, golf and beaches ensuring high rental yield and return on Investment.
100% freehold ownership ensuring ease of ownership transference.
5.5 hours flight from UK with 400% increase in flights
The only Caribbean style beaches and island life on Europe's doorstep
Better value and higher returns predicted than if you bought in Spain 20 years ago
Owner access to lifetime worldwide holidays with International property swap available in Ski & Sun locations, Brazil, Italy, Morocco, India, Egypt, Portugal, Bulgaria, Spain
Unique exit strategy maximising rental and sales potential thus increasing ROI

Completion September 2009

DESCRIPTION

Salinas Sea is a brand new 5-star apart-hotel project located in the popular town of Santa Maria, on the paradise island of Sal. This stunning beachfront development is one of two, luxury residential blocks set within extensive grounds between two luxury frontline hotels.

There will be 194 apartments spread across two floors, providing a choice of studios one and two bedroom apartments within an E-shaped black designed to ensure maximum luminosity and fantastic views.

This is a luxury project boasting an attractive entrance atrium with 24 hour reception and porters. The development raises the bar on quality, offering a wide range of facilities. Project developed and hotels managed by a leading hotel group in Cape Verde.

The developer has provided a wide range of high quality on-site facilities and incentives including in-resort discounts and international property swaps. Local facilities are abundant including a water park, golf courses and beaches.

Contact Us about this development

PAYMENT AND PRICING

Prices starting from only: £56.166 (81.400€)

Payment Terms

3.800€ reservation deposit including legal admin fee
40% Private Purchase Contract
10% Interior finishing (6 month after beginning of construction)
50% on completion
Completion Sept / Oct 2009

NB: Currency fluctuation at the time of purchase may increase or decrease the equivalent sterling/euro/US$ price quoted based on exchange rate. Payments will need to be made in the quoted currency of the contract.