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Property for sale information

 
Dunas Beach Resort  
Reference nr: RP831265
Description:

A prestigious new development of luxury apartments & villas located in the resort of Santa Maria, Sal Island, Cape Verde offering front line luxury accommodation.

The development will consist of more than 400 units, 51 front line detached villas (all with private pools) and a selection of one, two & three bedrooms, benefiting from lush green communal areas, pools, luxury spa & commercial premises.

The plot will enjoy front and second line positions along the stunning Ponta Preta beach (west facing for sun-sets), only a short walk from the main town of Santa Maria. The plot itself is perfectly situated a designated golf area of Sal while enjoying the best beach front on the west coast.

Location

The island of Sal is situated in the northern group of the archipelago, 30 km long and 12 km in width .Having a well established international airport Sal will develop into one of the worlds top tourist resorts. The town of Santa Maria, south of the island is the main tourist resort with crystal clear waters and 8 kilometres of beautiful beaches, making Sal an excellent destination for diving, surfing and sun worshippers alike. Restaurants line the beach’s, a lovely town square with a variety of shops with local musicians playing Cape Verdean classics make this charming town a popular choice with tourists.

Dunas Beach Resort on the Island of Sal offers the following benefits;

· Best finish and construction
· Large range of property types
· Annual rental potential
· Best amenities, planned and current
· Low cost short-haul flights
· Promotion of on-site services
· 5:1 ratio of pools to nearest competitor
· Under market value launch price
· UK, US and European tourist appeal
· Rental/Investor support services
· Next holiday hotspot
· Nearest tropical islands to the UK and Ireland
· East access to international airport, 15-20 mins drive
· 30% annual market increase predicted
· Experienced and respected developer
· Front-line beach
· Front-line golf in development

Very flexible Payment Structure:

£2000 reservation
20% - 100% within 90 days of reservation
(Incentives for more money upfront)

Final 50% due on completion (end of 09)

Bedrooms: Bathrooms: Price (€):
3 1 329,950
5 2 649,950
Features:
Beach
Private Swimming Pool
Submission Date:
01-24-2008
Last Update:
07-21-2008
Advertiser Details:


Name:
Richard Parker

Company:
International Dreams Ltd

Phone:
0044 203239 9430
Fax:

Mobile:

 
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Calculators

 
Property price: €329,950
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations