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Exclusive Beach Front Villa
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Overview:
This is without doubt one of the best developments we have had to market to be released on Maio and will offer something for everyone. With beach frontage, new marina and at a highly competitive price structure, this is your chance to potentially own your own piece of paradise. Plot prices from:
€75,000 for a premier plot (Available with an additional pre-launch 15% discount until 1st December 2006).
€125,000 front line plot (Available with an additional pre-launch 15% discount until 1st December 2006).
This development will be launched on the 1st of December and you will have the opportunity to purchase at a 15% discounted price.
Current prices up to 01/12/2006
** Premier plot: €63,750
** Front line plot: €106,250
There will be the chance to buy beach front and premier plots after the launch but the price will be significantly higher.
DEVELOPMENT FEATURES
• Beach frontage.
• Quiet, desirable location.
• New marina planned.
• Freehold ownership.
• 1,000 sqm plot size.
• 4 bedroom Villas & Townhouses.
DESCRIPTION
This development is structured to enable you to maximize your investment. You will initially purchase your plot and then will make a second further payment for the infrastructure and final payment structured over twelve months for the construction of your luxury villa. Constructors finance will be available for your villa up to 100%.
KEY FACTS
• Individual Freehold Plots.
• Planning for 4 bedroom Villas & Townhouses.
• Beachfront location.
• Payment in stages.
• Low initial investment.
• Finance for 100% of build cost.
• Excellent potential returns.
BEACH FRONT ON THE DEVELOPMENT SITE
Two parcels of land in Maio, Cape Verde. Each parcel approximately 50 hectares. 1,000,000 square meters of land.
25% for infrastructure 750,000 sq m remaining.
50,000 sqm commercial – Marina development, bars, fitness centre, restaurants, hotels, shops etc.
700,000 sq m to sell as plots for luxury Villa’s, with each plot approximately 1,000 sqm (around a quarter of an acre) and each Villa 250sq m (2,680sq ft). A total of 444 Villa’s and 115 town houses(180sq m or 1,930sq ft).
Plots of 1000 sqm are sold freehold, with title deed and full planning permission for a 250 sqm two storey villa or a 180sq m townhouse. Planning Permission has been granted for 4 bed 3 bath villas and townhouses - prices are based on the Developers previous experience and developments - shipping in materials and using local labour where possible - full details including site plans, floor plans, specs and artist impressions will be sent out to our Clients who reserve a plot as soon as the information becomes available.
Example based on 60,000 euro plot:
2006 Plot cost without infrastructure € 63,750
2008 Infrastructure cost € 35,000
2009 Build Cost at 875 euro sqm € 218,750
Total cost of Villa (excl. pool) € 317,500
2011 Estimated value € 700,000
Estimated Profit € 382,500
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