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Vila Jardins Do Oceano, a front line coastal development on the island of Santiago, has just become the first in Cape Verde to be fully bank bonded, underlining its solid investment potential. Comprising 40, two and three bedroom villas the development is situated in a 3.5 hectare site within the only UNESCO World Heritage location in Cape Verde.
With sizes reaching 188 sq m, the properties at Vila Jardins Do Oceano are situated just a short stroll to the west of Cidade Velha city and less than 45 minutes drive from the international airport in Praia. On the sheltered south coast of the island, the project is home to Cape Verde's first infinity pool and is also the first in the country to offer finance.
Built to a high specification, each of the available properties enjoy ocean views due to the elevation of the site. The project also features tennis courts, landscaped gardens and off street parking.
£150 million in foreign direct investment was poured into the Cape Verde in 2006 and therefore, with tourism slated by the government as the primary engine for growth, high quality rental properties are set to become a sought after commodity.
Two and three bedroom villas from €208,000 to €324,000 Prices subject to currency fluctuation, all contracts take place in euros