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Overseas Real Estate Blog. News and Comment

Thursday, May 29, 2008

More Deals in Cape Verde islands. Dunas 43% SOLD. Tortuga 81% SOLD


I have been delighted at the sales response from those buyers waiting for the Palm View Resort Deal which takes the buy price back to the days of £1 = €1.4. This offer also enables clients to pay the developer in UK pounds. Please note that all reservations are held in escrow account until the final build licence is issued from cape verde investment authority which is expected in June 08.

Sal island has the benefit of more facilities (mainly marinas and golf courses) which will be completed 4 or 5 years sooner than Boa Vista island and therefore suits those who need these facilities. It also has the best access from more cities.


With Dunas 43% SOLD and Tortuga 81% SOLD this is a a very safe time to be investing in these projects. In addition the developer has confirmed that construction finance has been secured. In today's market I think this demonstrated the faith others also have in the quality of these projects.

We have handpicked the following properties and applied bespoke terms and prices - so get in there quick!

Top deals of the week at Dunas and Tortuga:

Deal Number 1 on Tortuga (SPECIAL LOW PRICE) €154,750 (with option 3)

Block 36, Apt A0 (Type D) – this apartment is on the ground floor, close to the beach and main pool.

MARKET PRICE €192,950, DISCOUNTED PRICE €175,000 (excluding option 3)



Deal Number 2 on Dunas (SPECIAL LOW PRICE) €323,907.50 (with option 3)

Dunas Villa 8 (Type B) – this villa has its own private pool and garden and is north facing.

SHOULD BE €384,950, DISCOUNTED PRICE €366950 (excluding option 3)


Deal Number 3 on Tortuga (SPECIAL LOW PRICE) €154,750 (with option 3)

Block 39, Apt A0 (Type D) – this apartment is on the ground floor and is south-west facing, close to the beach and second pool.

MARKET PRICE €183,500, DISCOUNTED PRICE €175,000 (excluding option 3)



Deal Number 4 on Tortuga (SPECIAL LOW PRICE) €150,500 (with option 3)

Block 44, Apt A0 (Type C) – this apartment located on the ground floor and is south-west facing and has clear pool views.

SHOULD BE €178,500, DISCOUNTED PRICE: €170,000 (excluding option 3)


Deal Number 5 on Tortuga (SPECIAL LOW PRICE) €154,750 (with option 3)

Block 01 Apt C1 (Type D) – this apartment is on the 1st floor is west facing and close to the main pool and entrance to the resort

SHOULD BE €183,500, DISCOUNTED PRICE €175,000 (excluding option 3)

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