Overseas Real Estate Blog

Tortuga Beach Resort & Spa – Special Offer

I am delighted to inform you that new payment options / offers are being made available for all remaining properties on Tortuga Beach Resort & Spa, Sal Island, Cape Verde.

Before you read the details, here are a few reminders of some of the fantastic features and benefits that have made Tortuga one of the fastest selling Resorts in the history of Cape Verde.

· Stunning beach-front Resort on one of the best undeveloped white sandy beaches in the world

· Density of less than 25%

· Luxury detached Villas with private pool and garden

· Luxury 2-bed Apartments with communal pools and relaxation areas

· Luxury 5-Star Hotel with facilities and amenities large enough to cater for the whole Resort. Purchasers will be able to rent their property via the hotel itinerary.

· Hotel operator to be announced soon. Will be a world renowned hotelier with an awesome ability to attract guests via a huge worldwide network of reservation systems, vast numbers of travel agents and close links with the major tour operators. Rental potential for Purchasers will be massive and the hotel will do all the work!

· Concierge service

· Exquisite restaurant

· Elegant wine bar

· Relaxing piano bar

· Luxury spa with state of the art equipment and treatments

· Expansive gymnasium

· Shops

· Fantastic capital growth potential in one of the world’s most up and coming property hotspots!

Now let’s look at the special terms available. In summary, with regard to the payment of the deposit, two new ‘Special Payment Options’ (1 and 2) have been launched and Purchasers can choose whichever one best suits their circumstances. The beauty of choosing one of these two new ‘Special Payment Options’ is that the Purchaser can then also choose any one of the two ‘Special Completion Offers’ (A or B) available, Purchasers will enjoy either a massive 10% cash back on completion or alternatively a guaranteed rental income for 3 years of 6% per annum.

Purchasers, at their choice, can match the best ‘Special Payment Option’ and the best ‘Special Completion Offer’ to suit their need. Read on for more details …

· Reservation fee of €3,000

· 20% payable on contract

· 15% payable 6 months after contract

· 15% payable 12 months after contract

· 50% (less the reservation fee) on completion

OR …

· Reservation fee of €3,000

· 50% (less the reservation fee) payable on contract

· The Developer guarantees to ‘cash flow’ 6% interest payments on the full 50% deposit until completion (this should mean that the Purchaser will have no reduction in income during the construction of their property)

· 50% payable on completion (plus the interest payments)

Regardless of which of the above ‘Special Payment Options’ is chosen, the Purchaser can then choose any one of the following ‘Special Completion Offers’ …

· Purchaser will receive 10% cash back (of the purchase price) on signing of the property at completion

· Purchaser signs up to the hotel rental programme for a minimum of 2 years

· During these 2 years, the Purchaser gets a minimum of 8 weeks per year for personal use (2 weeks in high season)

· The Developer receives all income generated, that would have been the Purchaser’s share of the rental income, during the 2 years (but only up to the point that the 10% cash back has been covered)

· After the 10% cash back has been covered (or after 2 years whichever comes sooner) the Purchaser joins the standard hotel rental programme and receives the full entitlement of rental income

OR …

· Purchaser will receive 6% per annum (of the purchase price) guaranteed rental income (paid monthly) for 3 years following completion

· Purchaser signs up to the hotel rental programme for a minimum of 3 years

· During these 3 years, the Purchaser gets a minimum of 6 weeks per year for personal use (2 weeks in high season)

· The Developer receives all income generated, that would have been the Purchaser’s share of the rental income, during the 3 years (but only up to the point that the 18% total guaranteed rental income has been covered)

· After the 18% guaranteed rental has been covered (or after 3 years whichever comes sooner) the Purchaser joins the standard hotel rental programme and receives the full entitlement of rental income

· Free air-conditioning

· Free legal services

· Free Basic Furniture Pack

· Please Note: For quality and consistency purposes, a ‘Hotel Excellence’ Furniture Package is a requirement to be a part of the hotel rental programme. Purchasers must therefore upgrade to a ‘Hotel Excellence’ Package.

· The upgrade cost for a ‘Hotel Excellence’ package is as follows:

o 2 bed apartments €10,300

o 3 bed villa €15,500

· The upgrade cost for the ‘Hotel Excellence’ Furniture Pack can be added to the completion balance (via the completion mortgage if required)

it certainly looks like the ‘sold out’ signs will be around Tortuga Beach Resort very soon!

Tortuga Resort is a fantastic success story and I we look forward to welcoming new buyers into what will be a very special lifestyle. Email info@jet2letproperty.com, or call Lance on 0113 3131000 for more info

If you quote ref CV310A when reserving with Jet2Let Property a Cape Verde property before July 31st 2007, then you will receive a FREE seven day holiday in Cape Verde in 2009!


So bag a free holiday and a deal now. Yes the overseas market is all about buyers getting really good deals right now. Cape Verde offers loads of value and Dunas and Tortuga Beach Resorts set the standard for value for money for the location and quality.

Both are well located front line developments. Compare these prices with other low density front line developments and then call us for more information.

We always have Cape Verde viewing trips - always relaxed with many clients combining with a holiday over a week. Call (+44(0)113 3131000) or email (info@jet2letproperty.com) Jet2Let Property for details. More information on web site www.jet2letproperty.com. Whats more, we have FULL DUE DILIGENCE report online.

THESE ARE THE EXCEPTIONAL DEALS OF THE WEEK!

We have handpicked the following properties and applied bespoke terms and prices.

Here are some great deals with excellent offers and prices – so get in there quick!

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

Block 25, Apt C0 (Type D) – this apartment is on the ground floor, is south-west facing and close 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 34, Apt A0 (Type D) – this apartment is on the ground floor and is south 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 43, Apt C0 (Type C) – this apartment located on the ground floor and is 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) €150,500 (with option 3)

Block 44 Apt C0 (Type C) – this apartment is on the ground floor is south-west facing and has clear views to the main pool

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

call us on 0044(0) 113 3131000 for more information and our FREE Legal Guide to buying in Cape Verde.

I have been working closely with our developers to bring our investors some unbeatable deals. Undoubtedly its a buyers market and savvy investors are taking advantage of the current climate to secure good deals. One of my favourite offers is getting the price to where it stood when the UK pound was strong against the euro for property priced in euros.

Today we have a cracking offer for the six star Palm View Resort:

1/ Fixed purchase rate of €1.4 to the pound sterling
2/ Legal fee contribution of €1,000
3/ Upgraded furniture pack
4/ Privilege card

This special offer will only last a few weeks so do call me on +44(0)113 3131000.

Boa Vista is being planned as the best out of the islands by only allowing larger high quality developments and also only allowing development at a sustainable pace. In planning stage is a marina development next to Palm View Resort and several golf courses. With stunning beaches and year round rental this island will, in my opinion, soon command a substantial premium over Sal. Direct flights to Boa Vista from Thomson start in October 08.

I encourage all our clients to meet us in person, often in central London, Birmingham, Manchester or Leeds to discuss the various offers we have in all our markets.

Finally thanks you to Jane and John for feedback on this blog. We will try and get more frequently asked questions on here and the main www.jet2letproperty.com web site which is under a major redesign at the moment. Thank you for saying that you like to see jet2let being open with information and views that gives a personal touch which shows that we are much more than the real estate company with web site and property run by people who never go near the properties they are promoting!

Let's face it the current news is grim, whilst I cant say when things may improve but what I do know is that hose who have been through down turns and recessions and bought when others ran scared did very well. Others all look back and say if only I had taken advantage of the soft market conditions to grab a bargain property. Many property investors are doing this in the UK to packed auction houses and in the US picking up bargains. But increasingly buy to let overseas is seen as a good bet - often with much smaller outlays than home.

With developers keen to accelerate sales they too are putting out some great offers. We urge potential investors to call us as great offers are made and then bought quickly by bargain hunters. We push our developers for special deals so call us to find out what is new and pocket instant equity in under market value property.

Of special note, we will soon have the Palm View Resort (six star) on Boa Vista (Cape Verde islands) offer announced, and today we have just one front line villa (no.1) offered on Tortuga Resort, (Sal island) special price of €699,950. Front line on Sal at this price is a BARGAIN.

In Dunas and Tortuga Beach Resort this weeks offers are as follows - please call 0011(0)113 313100 for more info or for a £225 Cape Verde viewing trip.

We have hand picked the following properties and applied bespoke terms and prices.

Enclosed is a new set of deals with excellent offers and prices – so get in there quick! I look forward to looking back in a few years at the gains our investors have made by buying now whilst the media is full of gloom.



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

Block 40, Apt D0 (Type D) – this apartment is on the ground floor and is west facing, close to the beach and second pool.

MARKET PRICE €183,500, 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)

There's no doubt there has been some reticence to buy
in euro linked countries at current rates - if you earn UK pounds. However this makes Egypt such a good option as most of our property there is in UK pounds. Price from £15,000 and proper on the beach front line from £28,000 (Hania Beach). Watch out for more great offers for Egypt.

For the Cape Verde market we have worked hard to get some great deals. Every week there will be at least one special offer in Dunas Beach Resort. These are proving to be euro busting deals which bring the effective rate up to better than €1.50=£1

THESE ARE THE EXCEPTIONAL DEALS OF THE WEEK!

We handpicked the following properties and applied bespoke terms and prices.

Deal Number 1 on Dunas (LOW PRICE & SPECIAL 80% PAYMENT OPTION) €239,950

Dunas Block 1 Apt 14 (Type F) – this apartment is on the ground floor, has a private garden, has excellent pool view and is south-east facing.

SHOULD BE €289,950 AND NORMALLY ONLY QUALIFIES FOR PAYMENT OPTION 85%

Deal Number 2 on Tortuga (LOW PRICE & SPECIAL 80% PAYMENT OPTION) €169,950

Block 44, Apt C1 (Type C) – this apartment is on the first floor, has excellent pool views and is north-west facing.

SHOULD BE €178,500

Deal Number 3 on Tortuga (LOW PRICE & SPECIAL 80% PAYMENT OPTION) €165,950

Block 2 Apt C1, (Type D) – this apartment is on the 1^st floor, has fantastic sea views and is west facing.

SHOULD BE €178,500 AND NORMALLY ONLY QUALIFIES FOR PAYMENT OPTION 85%

Deal Number 4 on Dunas (LOW PRICE & SPECIAL 85% PAYMENT OPTION) €299,950

Villa 17 (Type A) – this villa has its own private pool and garden and is north facing.

SHOULD BE €339,950, AND NORMALLY DOESN’T QUALIFY FOR PAYMENT OPTION 3

Deal Number 5 on Dunas (LOW PRICE & SPECIAL 80% PAYMENT OPTION) €173,950 (SOLD IN 10 minutes)

Block 3, Apt 529 (Type A) – this apartment is on the 2^nd floor, has excellent pool view, has a upper penthouse and is east facing.

SHOULD BE €209,950, AND NORMALLY QUALIFIES FOR PAYMENT OPTION 80%