The Perfect Property Investment - Dunas Beach Resort
Set in beautiful landscaped grounds, bus less than 20 minutes from Sal Islands international airport, the Dunas Beach Resort is a premium Cape Verde property development of high specification of new villas and apartment properties.
With a breathtaking beachfromy location on the beautiful white sands of Ponta Preta Beach on the Island of Sal, and close to the little town of Santa Maria, Dunas is a perfectly positioned to capitalise on Cape Verdes fast rising popularity and prominence.
Prices from 124,950 euro
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Key Features & Benefits of the Dunas Beach Resort Property Investment
- First European 5-Star rated operation on Sal Island
- Fully managed hotel operator rental scheme
- Beach Front Location
- Easy Access – regular flights from UK
- High Levels of Occupancy
- 50/50 Net room-rate share
- Anticipated income yields 10% plus
- Highly competitive market prices
- Up to 15% further discount (Option 3 only)
- Special attractive exchange rates apply on full deposit (enquire about rates)
- Fully Furnished to Hotel Excellence Standard (Option 2 and 3 only)
- Fully Air Conditioned
- Free Legal Services
- 6% ‘non-returnable’ interest paid on cash deriving from savings or investment vehicles (Option 1 and 2 only. Non-SIPP sales).
- Fully SIPP compliant
Why Make a Property Investment in Cape Verde - Dunas Beach Resort
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 numbers 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’s average occupancy is around 80%. The only established “branded” hotel (RIU Group) is a European 4* chain and has experienced an average occupancy rate over 90% for the past three years. The base rack rate at this hotel in 2008 for a standard 38m2 room was €130 per night.
Dunas Beach Resort & Spa will attract premium room-rates and will represent (along with its sister resort – Tortuga Beach Resort & Spa) the very first European 5* Resort facility managed by a reputable international Hotel Operator. The 50/50 net room rate share will be extremely attractive for long-tem income investors.
The Resort Group has agreed heads of terms with a leading internationally recognised hotel operator carrying a total inventory of over 80,000 hotel rooms across 30 countries and who achieve an average ‘global’ occupancy rate of around 80% for this type of resort. It’s European client base and recognised brand makes it an ideal partner for this development.
