Overseas - Cape Verde

Amanda Shiel looks at what’s on offer on these popular islands.

Praia, Santiago

The Aguia and Santa Maria apartments are situated next to each other in the heart of Praia, close to Gamboa beach, with numerous cafés, restaurants and bars nearby. Several golf courses are currently under construction in the local area and the international airport is just 5km away.
Aguia incorporates 13 four-bedroom duplex apartments, all of which are designed and finished to a high standard. Each apartment has ceramic mosaic floor tiling throughout and includes a kitchen/dining area with fitted cupboards, worktops, cooker and extractor fan as well as a washing machine. There is also a large open plan living and dining area. Bedrooms are of a generous size and there are two fully fitted bathrooms, some with jacuzzis. The development also benefits from a private swimming pool.

Santa Maria incorporates a collection of 36 three-bedroom apartments. Each apartment has ceramic mosaic floor tiling throughout and includes kitchens with fitted cupboards, worktops, cooker and extractor fan as well as a washing machine. There is also a large open plan living and dining area. Bedrooms are generously proportioned and each apartment has two fully fitted bathrooms with spa baths. 
Completion of both Aguia and Santa Maria is planned for late 2007.  Prices at Aguia and Santa Maria start from €114,000. Contact Avatar International 0800 035 3537 or visit avatar-international.com.

Santa Maria, Sal

Vila do Atlantico will be built on a plot just 100 metres from the best beach in Santa Maria on the island of Sal. Its prominent position serves as a natural link between the town centre and the hotel zone of the town.

Vila do Atlantico will include different styles of apartments, built to European quality standards, with air conditioning and satellite TV systems. More than a third of all apartments will enjoy a view of the stunning beach of Santa Maria while others will overlook swimming pools and internal gardens.
The build is scheduled to commence in December 2007 and is due to complete in December 2009. Prices start at just £55,400 (€82,000).
Commercial units are also to be included on the map of Vila do Atlantico. Exceptionally light, airy spaces equipped with bathrooms and outdoor area will be located at the front of the resort and can be purchased from £60,810 (€90,000).

For details and information on the recently launched programme of inspection call consumer enquiries on 020 7872 5690 or 00238 242 8108, Noscasa Mortgages enquiries on 020 7872 5690 or visit noscasacv.com for more details.

Boavista

FM International is developing two large resorts on the island of Boavista under the Sands brand. The developments offer a range of accommodation from studio apartments to luxury villas.
Properties at Creola Sands range from €84,000 – €355,000. Properties at Sabi Sands are priced from €90,500 – €389,400.

An apartment at either Creola Sands or Sabi Sands would be expected to increase in value by 17 per cent each year. FM International offers a rental guarantee of five per cent for two years, with the option to leaseback the property after this time. To ensure private investors receive more than just financial benefits, the guaranteed monthly rental income allows property owners four weeks of the year to enjoy the property themselves.

There are now direct flights from the UK (Gatwick and Manchester), Amsterdam and Portugal.
For more information call 0131 226 4135 or visit sands-capeverde.com.
Santiago

The Sambala Resort comprises a mixture of two- and three-storey townhouses built in a colonial style, within 20 square kilometres of privately owned mountain valleys and coastline.
When finished the development will incorporate four tourism villages, a five star hotel, tennis courts and two 18 hole golf courses. The development benefits from eight km of Atlantic coastline with a white sandy beach incorporating a marina, diving centre and a fishing lodge. The international airport at Praia is only 15 minutes away, providing easy access for holiday home owners and tourists.
Phase One is close to completion. Two-storey, two-bedroom townhouses set in private residential gardens with a communal swimming pool are available from £165,000 / £111,590. A five-year leaseback scheme, with a guaranteed rental income of five per cent per annum is available for those seeking a hassle-free investment.
Contact Assetz Cape Verde on 0845 430 5201 or visit assetz.co.uk/capeverde.

Algodoeiro region, Sal

Cotton Bay Bay Golf and Resort will have 10 key residential areas - all sympathetically designed to reflect the Cape Verdean culture and personality with an emphasis on open spaces and light.  
Many of the villas will enjoy an enviable front line beach location and will range in size from 120m² to 350m² with two-, three-, four- or five-bedrooms. There will be one-, two- and three-bedroom apartments and duplexes with gardens and terraces on the ground floor, terraces on the first and second floors and a communal swimming pool.
Cotton Bay will also include a 36 hole golf course as well as a marina and harbour boasting 600 yacht moorings.  A specially created seaside area will be complemented by a beautiful promenade. Visitors to Cotton Bay will be able to enjoy a whole host of onsite recreational facilities and activities including a selection of shops and restaurants, a casino, children’s playground and sports centre.
A simple and structured payment plan is in place to ensure investors enjoy a hassle free purchase process. Prices start at €124,000.
For further information on Cotton Bay contact Emerging Real Estate on 0845 601 7293 or visit         emergingrealestate.com

Emerging Real Estate Launches Cotton Bay Golf & Resort in Glorious Cape Verde

Property investors looking for a stunning development with strong anticipated rental income and capital appreciation need look no further than Cotton Bay Golf and Resort in the Algodoeiro region on the south-west coast of Sal, Cape Verde, which has just been released by Emerging Real Estate. The development has been designed with an awareness of the environment and it is bordered by palm-fringed beaches and clear blue seas and enjoys year round sunshine - a true paradise.

Cotton Bay will have 10 key residential areas - all sympathetically designed to reflect the Cape Verdean culture and personality with an emphasis on open spaces and light.  Prices start at €124,000.

Many of the villas in the development will enjoy an enviable front line beach location and will range in size from 120m² to 350m² with 2, 3, 4 or 5 bedrooms.  There will be 1, 2 and 3 bedroom apartments and duplexes with gardens and terraces on the ground floor, terraces on the first and second floors and a communal swimming pool.

This outstanding and ambitious project will be one the first developments on Sal to introduce a number of eco-compatible measures, for example, there will be a high ratio of green natural land to development area, salt water will be used in all the water features as well as an onsite nursery where indigenous plants will be cultivated for sole use in the resort.

Cotton Bay will also include a 36 hole golf course as well as a marina and harbour boasting 600 yacht moorings.  A specially created seaside area will be complemented by a beautiful promenade and central to the resort will be the waterways that will enhance and harmonise the whole development.  There will be lakes, waterfalls and streams dotted about the golf course and residential areas.

Visitors to Cotton Bay will be able to enjoy a whole host of onsite recreational facilities and activities including a selection of shops and restaurants, a casino, children’s playground and sports centre with two football fields, eight tennis courts, public pool and an Olympic size swimming pool.

The resort itself sits within 417 hectares of stunning countryside and this multi-phased development will eventually incorporate a 5 star international standard luxury hotel as well as three other quality tourist hotels, a water park and a botanical park.

A simple and structured payment plan is in place to ensure investors enjoy a hassle free purchase process which they will be guided through by one of Emerging Real Estate’s dedicated sales team.  
Pelle Langli, chief executive officer of Emerging Real Estate commented; ‘Cape Verde is one of the world’s most exciting property hotspots. It’s close proximity to Europe, as well as its stunning coastline, interior and climate make it the perfect holiday destination.  This is great news for investors and those looking for a tropical bolt hole. We’re extremely proud to be part of such a pioneering and ecologically aware development’

The Cape Verde Islands are located in the mid-Atlantic Ocean, some 450 kilometres to the west of Senegal, off the west coast of Africa, making them Europe’s closest tropical islands.  The archipelago includes 10 inhabited islands which form two classic island chains and enjoy stunning weather all year round. The capital of Cape Verde is the island of Santiago which is spectacularly verdant and has fertile lush valleys and dramatic mountain ranges.  Sal Island is renowned for its surfing activities and the World Windsurfing championships were held there in February this year.

For further information on Cotton Bay, interested investors should contact Emerging Real Estate on 0845 601 7293/ info@emergingrealestate.com/ www.emergingrealestate.com