Block A - 2 Bedroom Apartments

A beachfront development on São Francisco beach, Santiago, Cape Verde totalling 60,000 m².
Situated in the heart of the tourist zone along the northern coast, north of the capital, this project will be a low-density (land occupation 20%), high-quality development which will include a 4* hotel with an array of supporting facilities necessary within a self contained holiday resort complex.

This is without doubt one of the best off-plan developments available in Cape Verde at present. This development will offer something for everyone. With beach frontage, hotel support structure and a highly competitive price structure, this is an opportunity for both end buyers and investors to own their bit of investment paradise.

The launch of this development is structured to enable buyers to benefit from early stage prices, underpinning an already strong argument for accelerated capital growth with the benefit of first–mover advantage

RESIDENTIAL: 14 plots for luxury Villas, approximately 300 apartments.
COMMERCIAL: Hotel, Restaurant, Bars, Fitness Centre/Gym, Shops/Grocery Store, Tennis court, and Public Amenities.

Location
The Cape Verde Islands are part of Macronesia, a grouping of four Atlantic archipelagos, which also include Portugal’s Azores, Madeira Islands and Spain’s Canary Islands. The Islands are located off the West coast of Africa in the same line and latitude as Barbados, allowing summer weather all year round boasting an average temperature of around 25 degrees along with 10 - 12 hours of sunshine daily.

Santiago is the archipelago’s largest and by far most populated island. The capital city of Cape Verde, Praia, is located in Santiago. Praia is the financial, governmental, corporate and commercial centre of Cape Verde. For the tourist, Santiago is packed with historical interest, magnificent scenery which comes into its own in the latter half of the year after the rains, a limited number of high quality white sandy beaches (which makes this development all the more selective as it is one of the best) and several mixed-tone beaches, great food and nightlife and a variety of attractions and adventure – making it an ideal holiday destination. In fact, the government has ear-marked Santiago to become a significant luxury tourism destination, and the limited number of beaches implies that large-scale integrated resorts will sit best in its landscape. Santiago is also destined to become an excellent golfing location, with a number of golf courses in development and planning stages. In terms of urban expansion, the suburb of Palmarejo offers an much sought-after location for expatriate Cape Verdeans as well as tourist long-term rentals.

It’s the beauty of Santiago that really grabs you. Like Santo Antão but with much more potential in terms of investment returns, the interior is formed of two imposing and spectacular craggy mountain ranges which differ markedly to the desert islands of Sal, Boavista and Maio. The interior offers deep verdant valleys and lush plantations filled with banana, sugar cane, papaya, mango, date and coconut palms, plus a surprisingly wide variation of vegetables, hence the Island is known as the bread basket of the archipelago. There is a great contrast between the mild and humid climate of the higher regions and that of some lower regions, which are dry and arid.

Why Cape Verde
Capital appreciation - the tourism and infrastructure developments mean the Cape Verde islands will become increasingly popular with holiday makers and investors. On some islands, land has appreciated at 40% per annum.

Tourist Development - the government has earmarked 4 islands for tourist development - Sal, Boa Vista, Santiago and Maio. With a growth of 25% in tourist numbers over the last few years, the islands represent a huge potential tourist destination, receiving currently less than
250,000 visitors per annum, compared to the almost 10 million in the Canary islands.

Rental income - the perfect all year climate of 25C with virtually no rainfall will allow for year long holiday rentals. For the correct developments, a mix of customers is only likely to ensure high all-year rental occupancy.

Direct 5.5 hour flights from several countries in the world, including direct flights from Manchester and Gatwick, as well as easy connections via Lisbon and Amsterdam. The site will be 15 minutes maximum from the airport.

Featured on Channel 4’s “20 Best Places to buy in the Sun”

Political Stability - A functioning parliamentary political system. Absence of any ethnic, religious or political conflict.

Picturesque environment - beautiful white sandy beaches, clear turquoise warm water, breathtaking mountains,

It’s Safe - social and political stability and negligible crime. The people are very friendly and there is none of the intense salesmanship that exists in West Africa or indeed in parts of Sal (due to burgeoning emigrant community).

Activities - Swimming, surfing, sailing, bird-watching, diving, fishing for marlin and tuna, hiking, mountain biking and golfing