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Overseas Real Estate Blog. News and Comment

Thursday, August 28, 2008

Vila Jardins Do Oceano

Well you may have just read previous post and thought it cant get better than that but it looks like we have a matching deal using exchange bond for another Cape Verde development, Vila Jardins Do Oceano - a small development of 40 top quality villas on the south western coast of Santiago - Vila Jardins Do Oceano. Arguably the risk is even lower here as the picture here shows work well under way. and we have the exchange bond scheme which requires just 10% to pay and the final amount on completion. Obviously all due diligence completed and these excellent value villas will be further enhanced by a man made beach built up in front

We have the ability to offer a discount for the next three sales (not on exchange rental payment scheme)

With now just over half sold and the prospect of being able to buy something and by August 2009 everything will be complete, so this development is perfect for those who do not want to wait

Vila Jardins is a front line resort and offers a number of 1st's on Cape Verde:

1st development on Santiago to be totally Complete - Under 12 months (July 2009)
1st to offer off plan finance - Completed Cases - Recently obtained 6.9% interest rate.
1st to be built in Santiago's Future Unescos World Heritage Site - Cidade Velha
1st to use the ICF build Method - Highest quality build developed in Hawaii.

Our prices start at 299,999 euros for a 2 bed Villa and 369,999 euros for a 3 bedroom Villa.

All the Villas are detached, in their own plot (approx 400 - 500 m2 ), have their own private fresh water pool and are built right on the coast - all villas have stunning sea views.

The Villas are of the very best quality and in fact the 3 bed Villas are actually larger than some of the competiting front line 4 /5 beds Villas on Sal yet amazingly half the price!

The resort also boasts Cape Verde's first Infinity pool (communal), 2 tennis courts, bar / restaurant and a small supermarket.

So with construction well under way obviously all the licenses in place. Special permission to build right on the coast. In fact we still have one 1st line villa available which is literally 10 metres from the sea!

The real clincher is that there is a small town with real character just 5 mintes away. In addition the new golf course is on target to complete in 2010.

Contact Jet2Let Property for ebrochure, plans and prices, info@jet2letproperty.com or call 0113 3131000 for more information.

So Why Santiago? Well first off it does not have the white sandy beaches of Sal and Boa Vista. What it does have is spectacular scenery, existing infrastructure, excellent rental, excellent communications with the most flights and it has the culture. It has the real tropical island feel and for many this makes it the most interesting island in the Cape Verde archipelago. the infrastructure is far more advanced than Sal or Boavista, from water supply, to ports for shipping to labour supply (over 250,000 inhabitants) will mean that tourism will have the support it needs.

In addition the islands offer real rental potential as front line villas with sea views are most in demand.

As a place to provide more than hust a beach with all year round climate Santiago island is well worth investigating. Even better go out and see for yourself.

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