Call now on 01249 65 77 66 
currency converter currency converter

 BRAZIL
Ceará
Rio Grande Do Norte
 CAPE VERDE
Boa Vista
Maio
Sal
Santiago
Santo Antao
Sao Vicente
 CARIBBEAN
Antigua
Grenada
 INVESTOR
Berlin
Egypt
France
Orlando Florida
Spain
UK
 SPAIN
Costa Almeria




Powered by:
Property Software Solutions
Real Estate Agency Software

site map
Request More Info
Print Page

Ref: Luxury Five Star Hotel Suites
Location: Sal, CAPE VERDE

Price: € 103,218  

Property Type: Apartment

Sale Type: Off Plan

Furnished: Furnished

Pool: Communal

Garden: Communal

Parking: Off Street Parking

Distance from the Sea: Walking

Distance from the Airport: 15 mins

Distance from a Main Attraction: Walking
Luxury Five Star Hotel Suites
Luxury Five Star Hotel Suites
Luxury Five Star Hotel Suites
Luxury Five Star Hotel Suites
Luxury Five Star Hotel Suites
Luxury Five Star Hotel Suites
Luxury Five Star Hotel Suites
Luxury Five Star Hotel Suites

Overview

Exclusive Hotel Investment Opportunity

56 Junior Suites - 4 Master Suites - 2 Presidential Suites

Just 62 Junior, Master and Presidential Hotel Suites in Sal Islands first Five Star Hotel.

PROMOTION PRICES FROM £91,952 ! (41% Discount)

KEY POINTS
* First European 5-Star rated operation on Sal Island
* Fully managed hotel scheme by Sol Melia Group
* Beach Front Location
* Low Density development
* Easy Access – regular flights from UK
* High Levels of Occupancy
* 50/50 Room Rate Share
* Income Yields 9.4% plus

* Discounts of either 5% or 15%
* 6% interest paid on deposit until completion*
* Fixed €1.25 to £1.00 exchange rate on deposit*

* Fully Furnished to Hotel Excellence Standard
* Fully Air Conditioned
* Free Legal Services

* “SIPPable” investment

 



Detailed information

Why should you Invest?
The Cape Verde government has set the development of its tourism sector as its key priority. Though tiny in area, the islands attract visitors with the year- round good weather, which is kept to a manageable temperature in the height of summer by cooling Atlantic breezes.

According to the government’s tourism department, the number of tourist arrivals are increasing at an annual rate of 22% and projections suggest that by 2015, around one million tourists will be visiting the islands every year (National Statistics Institute, 2008).

Property prices are still being pushed forward as demand far outstrips supply. Premium projects will command a higher return, therefore capital investors should feel confident in their decision.

Research by Savills shows that the island average occupancy ratio is 80%. The only established “brand” hotel (Rui) is a 4* chain and has had an occupancy ration of over 90% for the past two years. The base rack rate at this hotel in 2008 for a standard room was €130 per night.

The Dunas 5* Hotel Suites will attract a far higher room rate and will be prioritised by the Hotel Operator. Therefore the potential 50/50 net room rate share will be extremely attractive for long tem income investors.

The Sol Melia Group has over 300 hotels in 30 countries and achieves an average occupancy rate over 80%. It’s European client base and recognised brand makes it an ideal partner for this development.

The developer and land are unencumbered and all titles are freehold under Cape Verdian law.

A financial package is already in place for any final mortgage requirements of clients. BANIF bank will lend up to 70% of the completed property valuation.

Which Suite?
All suites will be furnished to meet the exacting standards of the 5* Hotel Operator. All of the suites are on the first or second floor of the hotel (which only has three floors) and have either sea or garden views. The size and price of the suites are as follows:

PROMOTION PRICES FROM €95,000 !

Suite Build     m2 Terrace Price
Presidential 101 50 249,950
Master 77 25 184,950
Junior A 37.5 20 149,950
Junior B 37.5 10 149,950
Junior C 37.5 42 149,950


Invest Directly or via SIPP
All of the above suites are eligible for purchase either as a direct investment or via an appropriate SIPP.

The opportunity to purchase with your pension funds makes this even more exciting. We have arranged a low cost package with a leading SIPP provider to allow your pension to benefit from the potential capital growth and rental income.

Beautiful White Sandy Beachfront Location - Year Round Sunshine – Year round temperatures between 22-30C - No Low Season – No Rainy Season – Easy Access Flights from UK – Booming Tourism Destination – Carefully Controlled Developments – Environmental and Strict Building Controls - Luxury 5 Star Hotel – Beautifully Landscaped Gardens – Restaurants – Wine Bar – Piano Bar – Pool Bars – Luxury Spa – State of the art Gymnasium & Sports Facilities – Ernie Els Golf Course & Academy – Forthcoming Luxury Marina – Big Game Fishing - Short Walk from the town of Santa Maria – 20 Minutes from International Airport

EMAIL OR CALL FOR MORE INFORMATION ON THIS EXCLUSIVE INVESTMENT OPPORTUNITY


Property Types:


Enlarge Image
Junior Suite A
12 Junior A Suites

37.5 m2 + 20 m2 Terrace

List Price €149,950

Enlarge Image
Junior Suite B
22 Junior Suite B

37.5 m2 + 10 m2 Terrace

List Price €149,950

Enlarge Image
Junior Suite C
22 Junior Suite C

37.5 m2 + 42 m2 Terrace

List price €149,950

Enlarge Image
Master Suite
Only 4 Master Suites

77 m2 + 25 m2 Terrace

List Price €184,950

Enlarge Image
Presidential Suite
Only 2 Presidential Suites

101 m2 + 50 m2 Terrace

List Price €249,950
Documents:

Five Star Hotel Suites - Executive Summary - Dunas Hotel Suites Exec Summary
Dunas Hotel Suite Brochure - Brochure



Request More Info