Property investors triumph as Melia Tortuga Beach Resort receives award for leading hotel in Cape Verde

Posted on October 11, 2012 ยท Posted in Chris Mansfield - Blog

Fantastic growth in an otherwise gloomy climate

All those who went forward with investing in a property on the Melia Tortuga Beach Resort have not only seen capital growth in excess of 28% (in 2 years!), but are also receiving net yields in excess of 7% per annum after only 1 year of being fully operational. With the development being fully managed this truly has been a hands free, armchair investment.

Clearly this is a great short term achievement and it certainly creates a stronger future as those wishing to resell their properties now have not only the figures but also the commercial recognition for excellence.

In another display of strength and market standing The Resort Group has won the award for being Cape Verde’s Leading Hotel 2012.

This is a big step for The Resort Group and their unique range of low risk, off plan investments on the emerging market of Cape Verde.

Having been featured in The Telegraph as well as other news journals, the growth in value and commercial viability of the Melia Tortuga Beach Resort and Spa is unquestionably strong.

Runners up to the prize were:

  • ClubHotel Riu Karamboa
  • Dunas de Sal Hotel
  • Hotel Oasis Praiamar
  • Morabeza Hotel

Interested in buying into a Tortuga property?

At Davenport, we have close relations with The Resort Group and whilst this particular fully managed property investment has been sold out for some time now, we do get resales which come up sporadically and don’t stay on the market for very long.

To be notified of future resales or our current investments on Dunas Beach and Llana Beach Hotels, please contact us for our free consultancy service.

Contact us now