| The Oasis Atlantico Group, the largest hotel owners in Cape Verde, are developing a frontline aparthotel complex on Santa Maria beach next to the Morabeza Hotel and Belorizonte Hotel. This superb project will consist of studios, 1 bed and 2 bed apartments, in a TOP QUALITY development with panoramic bars and restaurants, massive pools, open air jacuzzis, games room, lounges, reading areas, commercial areas, artificial beach, shallow pool lounging areas and spa. Together SalinaSea and SalinaSand will comprise of a total of 596 apartments, 228 one beds, 302 studios and 32 two beds with 36 shops. Prices from 80,000 euros. Two major Tour Operators have already agreed to rent the development. The SALINASEA Aparthotel, on the frontline will consist of 1 bed and studio apartments with frontline pool, restaurant and bar, with the SALINASAND Aparthotel on the second line comprising of 2 bed, 1 bed and studio apartments with spa, stage area, shops, massive pool with beach, panoramic restaurant and bars. We believe this is a great chance to invest in a top quality development which is unique in Cape Verde, in the last major beachfront location on Santa Maria Beach. There will be no plots left in Sal which will be able to have developments of this type directly on the south beach. Add to that the experience of the developers in the Cape Verde rental market, and this seems an opportunity not to be missed. 3 YEARS GUARANTEED RENTAL AT 5%.
Detailed information
SALINASEA is ground and first floor in an E shape, with the centre fork containing a restaurant and bar with a large swimming pool overlooking the sea. There are leisure areas with fountains and waterways and sunbathing terraces. Clients who purchase at SalinaSea will have to sign a management agreement allowing rental of the apartment all year, except for 4 weeks, where the owner can use it. These 4 weeks cannot include New Year and can only include 1 week in August. For clients who do not want the week in the high season, then they can have up to 5 weeks usage in the lower seasons instead of 4. All apartments are freehold and can be sold at any time, but the new owner has to take on the management contract, which will last 8 to 10 years. Owners earn a share of the profits of the development after the 3 years guaranteed rental is over. The first year guaranteed rental pays for the furnishings of the apartment. SALINASAND is over the road from SALINASEA and has ground, first floor and second floors. The block is separated into 2 areas, with the front area having public access, and a large central stage area for performances, and commercial units on the ground floor. There will be lounging areas and water features. The rear area of SALINASEA will be private and have a massive pool, kids pool, artificial beach, low lying water for lounging, a wet bar, a panoramic restaurant and a rooftop bar with outdoor jaccuzis and also a spa area with pool. General Price Guide :- Studio Apartments from £45,973 (€68,500)
1 Bed Apartments from £91,074 (€135,700)
2 Bed Apartments from £156,549 (€233,258) Commercial Units from £90,709 (€135,156) Payment Schedule Options (and discounts):- 2.5% to reserve, then... Signing
Contract | Start
Construction | Rough
Build End | Interior
Complete | Deed | Discount | | 20% | 20% | 20% | 20% | 20% | 0.00% | | 50% | | | | 50% | 1.50% | | 80% | | | | 20% | 3.00% | | 100% | | | |
| 4.50% | Maximum detail plans (1 to 2mb each):- Salina Sea (Front line)
Ground floor plans PDF
First floor plans PDF (penthouses) Salina Sand (behind Salina Sea)
Ground floor plans PDF
First floor plans PDF
Second floor plans PDF (penthouses) Full price list :- Salina Sea development price list PDF
Salinda Sand development price list PDF General Brochure PDF (click here) |
