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property details
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Sal Island-
Santa Maria
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Reference |
CV DUNAS BEACH |
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Price (British Pound) |
From: 87423 To: 666358 |
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Type |
bedroom(s)
bathroom(s) |
| Swimming Pool: | Communal |
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| Garden: | Communal |
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| Close To Amenities: | Yes |
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| Beach/Coastal: | Yes |
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| Golf Nearby: | Yes |
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Dunas Beach Resort - Sal Island - Cape Verde
GUARANTEED EXCHANGE RATE OF 1.25 euros to the pound!
To download an investment summary for Dunas Beach and Cape Verde, click here.
Low-Priced 1 Bed Apartments – Phase 1 - Dunas Beach Resort
Type LA – Block 13 – Unit 693b – 1-Bed Apartment (First Floor)
Features: 45,65m2 built area,
Close to two pool areas, pool bar/restaurant, corner apartment overlooking tropical gardens
List Price : €99,950
Best Possible Price
85% Option 3 :€79,560 - 45% deposit on contract with guaranteed exchange rate of 1.25.
Followed by 2 x 20% payments at 6 monthly intervals. Price calculated assuming a spot rate of 1.10
The guaranteed rate of 1.25 applies to the initial deposit on all 3 Easy Ownership Payment Options (ie 35% Option 1 / 45% Option 2 / 25% Option 3 - see payment options below for further details)
The Project
Dunas Beach Resort is a prestigious new resort of luxury apartments & villas located on Sal Island, Cape Verde. The development will consist of 695 units, 14 beach front 5 bed detached villas and 53 detached 3 bed villas (all with private pools) and a selection of one, two and three bed apartments, benefiting from lush green communal areas, pools, luxury spa and hotel and commercial premises.
The Location
The plot will enjoy front and second line positions along the stunning Ponta Preta beach, only a short walk from the main town of Santa Maria. The plot itself is perfectly situated next to a recently designated golf area with outline permissions for two 18-hole courses.
PAYMENT PLAN DETAILS
OPTION 1
€2,000 Euro Res Fee / 35% Deposit (less res fee) / 65% On Completion ... Interest paid on deposit monies / Free legals / Free Aircon / 50% Discount on Hotel Excellence Furniture Pack
OPTION 2
€2,000 Euro Res Fee / 45% Deposit (less res fee) / 55% On Completion ... Interest paid on deposit monies / Free legals / Free Aircon / FREE Hotel Excellence Furniture Pack.
OPTION 3
€2,000 Euro Res Fee / 25% Deposit (less res fee) / Then three 20% Stage Payments at 6 mthly intervals / Final 15% WRITTEN OFF ... / Free legals / Free Aircon / FREE Hotel Excellence Furniture Pack.
70% to 85% loan to value mortgages, subject to status, available on completion based on initial purchase price, which is likely to cover the costs of rolled up interest. Interest only mortgage options available for the first 5 years - 35 year mortgage terms available - up to max age of 75.
Rental Packages
Savills reported 5* hotels on Sal island have achieved 95% occupancy in the last 12 months, while the average occupancy on the Island is 80%.
Savills estimate the average 1 bedroom apartment daily rental to be €110 per day.
110 euro’s per day rental
Conservative occupancy 68% (248 days) lower than Savills report
Gross annual income €27,280
Sol Melia Operator fee’s = €13,640(50% of gross income)
Community fee’s, water, electric, property tax p/a = €3,057
Owner annual income = €10,583 (at a euro exchange rate of 1.15) £9,202
Resort Facilities
Communal pools and relaxation areas
Lush green landscaped gardens
Luxury 5 star Hotel
Apart-hotel facilities for all villas and apartments (Inc rental option)
Two restaurants in the hotel
Swim up bars
Elegant Wine Bar & Piano Bar
Luxury Spa
State of the art Gymnasium
Tennis courts
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Development Properties
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Sal Island - Santa Maria - Dunas Beach Resort - 1 bed apartments on new off plan beachfront development.
Ref:
CV DUNAS BEACH/1bed
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Sal Island - Santa Maria - Dunas Beach - 2 bed apartments on new off plan beachfront development.
Ref:
CV DUNAS BEACH /2bed
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Sal Island - Santa Maria - Dunas Beach Resort - 3 bed apartments on new off plan beachfront development.
Ref:
CV DUNAS BEACH/3bed
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Sal Island - Santa Maria - Dunas Beach Resort - 3 bed villas on new off plan beachfront development.
Ref:
CV DUNAS BEACH/3BV
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Sal Island - Santa Maria - Dunas Beach Resort - 4 bed villas on new off plan beachfront development.
Ref:
CV DUNAS BEACH/5BV
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For further information on this property or other investment
properties contact us
here.
For further information on this property or other investment
properties call us on 0161 351 2160
Note: Whilst we endeavour to ensure that the information on this
site is accurate, complete and up-to-date, we cannot guarantee that. We are not
responsible for fluctuating currency markets, which may affect the property
prices. Property prices are subject to change without prior notice. We strongly recommend that you engage the services of an English speaking independent lawyer in all transactions.