Property for sale in Sal, Barlavento (Northern Islands), Cape Verde

The complex will include commercial area and a luxury spa as well. About the Salinas Resort: Located on Santa Maria beach next to the Morabeza and the Belorizonte hotels. Build is planned in two developments – Salinasea (beachfront) and Salinasand (directly behind Salinasea, a road intersects the two). Salinasea = 244 apartments across 2 levels of which 56 are 1bed and 188 are studios (clients have the option of buying more than one studio together to create an apartment with more rooms). Salinasand = 352 apartments across 3 levels. The front of the building (located immediately above the commercial centre) are reserved for normal apartments, the remaining apartments have the option of the guaranteed rental return. A luxury spa will also be located in SalinaSand There are 4 payment options to help you split your payments in a manner that suits you with options to obtain up to a 4.5% discount. Conditions for the Apart-Hotel: There is a 10 year contract renewable which guarantees 5% return on your property price for the first 3 years and the potential of 7.5 to 8% for the remaining 7 years. Clients are entitled to use their apartment for 4 weeks per year with the option of more at reduced cost. Building work will start in the summer of 2007 and is proposed to be completed by summer 2009. The company overseeing the build and management is a leading Portuguese hotel developer.