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White Sands, Cape Verde.

White Sands, Cape Verde

Capital Growth, Lifestyle, Return - High
White Sands Hotel & Spa is set to deliver 5-star luxury to its guests, overlooking the superb Santa Monica Beach in Boa Vista.

Boa Vista, home to The White Sands Resort, is set amongst the Cape Verde islands. The island, renowned for its diverse marine life and spectacular sand dunes, offers an array of modern and chic beachfront bars and restaurants, white sandy beaches and breathtaking scenery.

The climate of the island Boa Vista is in line with the Cape Verde average, which rarely fluctuates from its yearly average of 29c. With refreshing atlantic breezes and no wet season, Boa Vista offers a real alternative to the Caribbean – all be it closer to home!

Tourism to the region has been strong in recent years, increasing at a level of 107% over the past half decade. This is, according to government figures, set to continue with arrivals to the islands increasing annually by 22%.

The modern and elegant resort is being delivered by the worlds largest resort hotelier – Melia Hotels International. Known globally for their 5 star quality with no expense spared, this truly is going to be a shining star amongst the resorts currently available in the region.

White Sands resort is ideally placed for, property investors looking for the potential of good, long term capital growth. Investors can see an immediate return on their investment during the development stage of 7% for 4 years. On completion of the resort investors will then receive their income from the resort’s operating revenue. Investing early with this proven partnership between developer and world renowned hotelier, should give investors potential for, good capital growth and great long term income

Est. capital growth 6% p.a. with projected income of 6% – 9% p.a. post completion (est. 2018). 7% return on your invested capital (during construction), or up to a 17.6% instant uplift on the amount of capital invested, dependant upon the payment option you choose.

 Update: The Resort Group has just won the award for Leading Hotel in Cape Verde. For more info click here.

Income

After completion the expected rental income is 6% – 9% per annum net yield paid quarterly. In order to deliver these figures The Resort Group need to achieve 65% occupancy which is already the worldwide average. We believe this occupancy rate to easily be achieved as the first resort, Melia Tortuga reported way above this low rate with in a short period of time after opening. In fact Melia Tortuga has continued to report high occupancy rates, giving consistent income for investors.

White Sands, like Llana Beach, will be based on the Paradisus range of hotels which are some of the best in the world. It’s this kind of high end product that has a long term value.

Melia International have over 100,000 hits to their booking site every month and The Resort Group are already working with Thomsons as well as being in talks with Thomas Cook and other holiday operators, to ensure high occupancy levels are not left to chance and agreed in advance giving piece of mind to investors.

The track record of the developer now speaks for its self, this and the fact you will be partnered with one of the worlds leading hotel brands, Melia International, we feel justifies the rating of a medium risk property investment even taking into account it’s off plan nature.

Why not explore this property investment further and make an enquiry by completing the form below or call me on 01273 763900

 Chris Mansfield

Managing Director

A strong emerging tourist destination, Cape Verde is the new alternative to the Carribean and I believe that Llana Beach will be the best hotel on Sal island for some time. The unique finance structure of The Resort Group can enable  portions of SIPPS (Self Invested Personal Pensions) or SSAS (Small Self Administered Scheme) to be enhanced by 17.6% instantly.

Capital Growth

6%p.a. considered to be achievable, Tortuga has already achieved an average of 10% growth p.a. over a 4 year period.

The supply and demand economics of Cape Verde are very favourable. It’s not big enough to support a property ‘bubble’ and lacks the infrastructure to support a building frenzy. Plus with strict planning permissions, the Cape Verde government is intent on keeping the island from being unspoilt. Pigs will fly before any high rises appear.

All expenses, taxes, accounting are covered for free by The Resort Group. There’s no catch with that free service, it’s obviously in their best interests to ensure that the owners taxes are dealt with  correctly.

The Resort Group owns the bars, restaurants, boutiques, water sports etc and make their profit from maintaining high occupancy levels.

Exit

We suggest that property investing should be viewed as a medium to long term investment, with the intention of investing for 5 years plus. having said that no investor is tied in for any length of time. Any investor can sell their freehold property investment at any time and the developer also has a buy back option if required.  At any stage we will assist any investor, whether an existing client of Davenport or not, with the resale of their investment property, promoting to both the open market and our existing clients.

Security

Outright title deed ownership.

There are plenty of detailed reports and projections as well as a layout of site plans, suite plans and much more in our information only area.

Significant facts about the project

Grupo San Jose are an international, established builder. The budget is drip fed to them in stages as completion is reached.

Melia International have again been secured as the operator and being the largest resort hotelier in the world they are sure to bring significant value.

The Chief Architect of Melia International has designed White Sands Hotel specifically to the requirements of their customer base.

Investors money is held in fully ring fenced accounts and can only be used to build your unit on White Sands Hotel.

This resort is cash flow independent of any kind of financing and sufficiently capitalised.

Chris accompanied my partner and I to Cape Verde for an inspection trip of the Island and to look at potential investment opportunities.

From the moment we landed in Cape Verde Chris introduced us to representatives of the resort group who took us on a 2 day tour of the island and an inspection tour of Dunas beach resort & Spa, which is still under development and the site for the new Llana Beach Hotel.

We stayed in the completed Tortuga Hotel which met our expectations and more and was all that Chris has described to us. The staff at the resort were attentive and the quality of the hotel build was excellent.

We learnt that investors at the Tortuga Hotel were already receiving an 8% yield and that the Hotel had not even been open for a year. We could see from the completed Tortuga resort and the ongoing building at Dunas beach resort & spa that we would receive a superb finish with excellent facilities.

I am happy to say that after visiting Cape Verde & seeing the resort that we are due to invest in a beach front property at Llana Beach Hotel.

If you are looking for sound, straight talking investment advice then I would highly recommend Chris for his knowledge of the developments, his honesty and his integrity. At no time did we feel pressurised and Chris was able to answer all of our concerns and to put our requirements first.

Yours Sincerely

Carole Power

Independent Distributor for Utility Warehouse Discount Club

An enticing enterprise: How the recession has made pretty Cape Verde a wise investment
Daily Mail
Click here to view the article.

Tourist Development in Cape Verde: The policy challenge of coping with success
Overseas Development Institute
Click here to view the article.

Africa Investor Report
UNIDO
Click here to view the article.

Cape Verde sees tourism growth by 27.4%
Cape Verde
Click here to view the article.

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