BUYING PROPERTY IN CAPE VERDE - VILA VERDES - Pre-Release Deposits Being Taken

Santa Maria Cape Verde - Sal Island, New luxury resort development of apartments, townhouses and villas

Vila Verdes

The finalized list of available property will be available in December 2005 and a reservation system is being used, which has proved successful in the past for the Canary Islands. Interested parties are invited into placing a reservation deposit to place them in an order of priority list, this gives you the chance to choose your property on the day that it is released to the general public and have the "pick of the crop" depending on your position on the list.

When the time comes for General Release, a strictly numerical preference order will be adhered to and everyone on the list downwards from number 1 will be contacted, inviting you to choose a property. Should you not wish to proceed at this stage, then your deposit will be returned to you (less any transfer fees incurred).

Making A Reservation

In order to be placed on the waiting list, a deposit of 3000 euros is required. This can be placed in two ways - by credit card or by bank transfer.

If you would like to make a reservation and gain a good position on the reservation list it is strongly recommended that you contact us at your earliest convenience.

Proposed Payment Scheme

• Reservation Fee: 3000 euros
• Upon Signature of Contract 25% (less initial reservation fee)
• 25% At rough construction
• 25% Tiles and Plastered
• 25% At Completion and signature of title deeds

Please be informed that we consider these investment opportunities to be a long term strategy and would not advise you to purchase if you were looking for more immediate, short term gains.

Vila Verde Resort

A four hour flight from Europe, Sal Island is the tourist centre of Cape Verde. Vila Verde Resort is located 300 metres from golden sand beaches of Sal Island, the main tourism centre of Cape Verde. Vila Verde Resort emulates a small colonial village (Vila) amidst luxurious green areas. This is achieved through a balance between urban structures, along an exclusively pedestrian access, and green community areas with private swimming pools.

Situated 15 minutes by car from the airport, just a 10 minute walk to the town centre of Santa Maria and less than 5 minutes walk to the beach, the Vila Verde resort is perfectly placed.

• Plazas, meeting points and leisure spaces are strategically placed along the pedestrian boulevard. Retail, services, food & beverage are randomly distributed along this access, thus creating an old village environment
• From the entrance, a main road distributes traffic in a ring that causes no interference with the pedestrian access.
• Areas with higher buildings are located inside the pedestrian ring. Lower density zones on the outside areas establish a transition to the waterfront and the protected dune landscape
• The central area along the pedestrian access will be divided into 13 gated communities with apartment blocks around private open gardens with swimming pools
• A hotel plot is located, opposite to the main entrance, next to the dunes and close to the sea front, on a very visible spot, at the end of the pedestrian access
• The resort will have parking places on the villas and townhouses plots, and also a large number along the roads, and under the pedestrian boulevard
• The resort will also accommodate a supermarket, tennis courts and a botanical garden

Brief Property Overview

• The apartments will be one, two and three bedroom, with balconies and terraces
• Three and four bedroom villas with private pools, and a central country club
• Two and three bedroom townhouse units, and a private club and shared pools
• All properties will have fully fitted kitchens

Apartments

1-bed, 1-bath apartment: Approx 67m2 living space and 10m2 terrace.

2-bed, 2-bath apartment: Approx 108m2 living space and 16m2 terrace.

3-bed, 2.5-bath apartment: Approx 130m2 living space and 50m2 terrace.

Townhouses

2-bed, 2.5-bath townhouses: From approx 130m2 living space, various sized large terraces, plus roof terraces.

3-bed, 2.5-bath townhouse: From approx 170m2 living space, various sized large terraces, plus roof terraces.

Villas

3-bed, 2.5-bath villa: Approx 167m2 living space on a 375m2 plot, various sized large terraces plus roof top terraces of 40m2 including a pool approx 16m2

4-bed, 3-bath villa: Approx 217m2 living space on a plot of 660m2, various sized large terraces plus roof terrace of 60m2 including a pool approx 24m2.

Property Features

• Parking: Yes
• Close To Amenities: Yes
• Beach/Coastal: Yes
• A completely self contained complex
• All apartments have parking facilities
• Easy access to shops, restaurants, bars, supermarkets and swimming pools
• The interior a completely pedestrianized zone

Please Note

This project is still under architectural development. Therefore, data is subject to change. Public launch is expected to take place in December 2005.