Off Plan | Properties | Property | Investment | Sale | Property Listing

or Choose a Country

or select from our country list:

Property News

RICS Extremely Upbeat on Europe Property Markets
March 2010
RICS has just released its 2010 review of European housing markets, in which it is incredibly upbeat on the continent's prospects for a sustained recovery...

Emerging Markets Coming Back In, Bulgaria Getting its Second Chance
February 2010
Primelocation has reported a massive increase in the numbers of people searching for property in Bulgaria, Turkey and Cyprus, whereas before they have focussed on higher-end established markets...

Spanish Property Market Gets First Sniff of 100pc Mortgage Since Crash
February 2010
The bank of Andalusia has started giving 100% mortgages in partnership with a developer, which could spark similar arrangements across the country...

EasyJet flights now available from Manchester airport
February 2010
Budget airline EasyJet have announced cheap flights to Sharm-El-Sheikh in Egypt from May 2010....

American Retirees to buy more Panama Property
February 2010
Panama is the number 1 destination for American retirees, more of whom are being forced to look to Central and South America for their retirement...

Read all News Articles >

 

Subscribe to this RSS News Feed

Creola Sands with guaranteed rental of 5 per cent

Location:
Boa Vista - Cape-Verde

Property Reference:
PA53-AZU2MXW

Price:
£67,000

Make Enquiry about this property

Property Details

The Brief

Located on a sea and beachfront site at Cabral Beach, Boavista; Creola Sands combines the tranquillity of its natural surroundings with a prime location of Sun, Sand and Sea. Comprising of 286 units, studios, 1 2 and 3 bedroom apartments and duplexes, this high quality complex offers the exclusiveness of a holiday and residential complex as well as a fantastic investment opportunity.

The Property in Brief:

• Fully equipped holiday resort development
• All leisure/relaxation facilities and amenities on-site
• All mod-cons including telephone points
• Fitted kitchens and bathrooms
• All units have private sun-terraces

The Property in more Detail:

This spectacular complex is complete with excellent facilities, you can enjoy two outdoor swimming pools, a superb restaurant, bars and entertainment areas, a gym and a medical facilities as well as an internet cafe and a gourmet supermarket Terraces overlook the attractive gardens and children's park and entertainment area.

The apartments themselves are contemporary, fitted with all mod-cons and finished to the highest standard. As well as the basics like electricity with approved fittings, all have air-conditioning and laminate flooring. All apartments have fitted kitchens and bathrooms and private sun-terraces finished with ceramic tiles.

The Opportunity in Brief:

• 5% guaranteed rental yield first two years
• Greater rental yields anticipated after two years
• 6-15% anticipated capital growth on completion

The Opportunity in more Detail:

Cape Verde has recently been hailed as the next big thing in property investment. But in reality it sprang onto the overseas property investment stage late 2006 - early 2007, and property values have been growing rapidly ever since. In early 2007 you could buy a studio apartment in a similar development for under £20,000, and that shows the pace of growth Cape Verde has seen. The fact that an off plan development like Creola Sands is being marketed at this price proves that Cape Verde property is still selling, and continued sales means continued growth.

Immediate growth on completion is anticipated at 6-10% based on the current price of similar completed apartments on Boa Vista being sold for 6% more, and factoring for a likely 9%+ growth between now and completion in December 2010. Annual growth after completion is expected to be 15%, because the global recovery should be well under way by then.

The properties come with a 5% guaranteed yield for the first two years, and as Cape Verde is growing in popularity as a tourist destination, yields are expected to be more than 5% after 2 years.

Property Enquiry Form

Please complete the enquiry form and one of our representatives will be in touch with you:

Fields marked with * are required

 

 

 

 




Please Note:
All property information is submitted to this website by Azure Overseas acting as agent for the developer or sub-agent in some cases as well as private sellers and is true at the time of submission.

By completing this enquiry form you agree to our terms and conditions and are allowing the agent to contact you directly to discuss the property and provide more information.

Submit your enquiry about this property

Halcyon Hills


Samos - Greece
Overview Beach Front Location 8% Guaranteed Rental Return For Two Years!! Many investors have funds tied up in property elsewhere. If you decide to release this equity with finance and invest i...

Property Details >

Oludeniz Boutique Hotel and Spa Fractional Offer


Olu Deniz - Turkey
Oludeniz Boutique Complex - Fractional Ownership Offer!! Situated on the hillside overlooking Ölüdeniz beach, Phase one is up an running with and fully booked for this years season. All d...

Property Details >

Castillo Beach Sol


Fuerteventura - Spain
The Castillo Beach Sol Complex is set in the tourist and residential area of Costa Caleta (Caleta de Fuste), providing the peace of a residential area alongside the surrounding tourist attractions. ...

Property Details >

Le Jardin de Fleur


Saida - Morocco
Le Jardin de Fleur, Mediterrania-Saïdia, Morocco General Information Le Jardin de Fleur in Mediterrania-Saïdia comprises of 11 award winning luxurious resorts with large-sized villa...

Property Details >

Cleopatra Resort


Hurghada - Egypt
Cleopatra Resort is the perfect development for any buyer on a limited budget who still requires a development with a full range of facilities and an excellent location in the heart of Hurghada. Lo...

Property Details >

Mashareq Resort cheapest per m2 in Nabq Bay


Sharm El Sheikh - Egypt
The all new Mashareq Resort is a superb new complex in the increasingly popular Nabq bay region of Sharm el Sheikh, on the shores of the beautiful Red Sea. Styled in traditional Andalucian architectur...

Property Details >

Borgonovo


Calabria - Italy
Borgonovo Apartments - situated just off-shore from the turquoise Tyrrhenian Sea; only 700 meters from Pizzo old town centro and within a short 15-minute drive of Lamezia International Airport offerin...

Property Details >