Fogo Villas Sambala Resort

Property for sale in Cape Verde

Fogo Villas is the 3rd Phase of the Sambala Project and occupies a 25 acre parcel of land within the main Sambala Resort close to the central amenities of The Sambala Village at the head of the Sao Francisco Valley. The generous individual plots for the 96 villas have all been carefully positioned to maximise the panoramic views of this spectacular site towards either the dramatic mountains of the interior, the undulating expanse of the Sao Francisco Valley or the vast Atlantic ocean beyond.

Sambala Resort

Sambala Resort is also the first government-approved tourism developer in Cape Verde and unique in respect of the amount of land held by the company. The real benefit to investors here lies in the fact that Sambala is in complete control of the final 'look and feel' or overall presentation of the resort. Again, another unique factor contributing to the viability of choosing Sambala for your overseas' property in the sun.

The Properties

Fogo Villas comprises four distinct villa types each with a similar design style to ensure visual uniformity throughout the Phase. Sambala offers investors the choice of purchasing either 5 bedroom, 4 bedroom or 3 bedroom villas, each sited within a generous individual plot with garden and to maximise both privacy and views when looking out from the property. The majority of villas come with private swimming pools and if not, with carefully integrated communal swimming pool areas.

The Country Club

Central to the Fogo Villas phase is the integrated Fogo Country Club which will offer a wide variety of leisure and sports activities as well as a colonial style restaurant and roof top bar. The Country Club will serve as the key focal point for Fogo Villa residents and a range of ancillary/ Resort services will be on offer on a daily basis including child care, beauty and massage, gymnasium facilities and a small business centre.

The Santiago Lake & Waterfall

A beautiful lake and waterfall plunges dramatically into the Sao Francisco valley below situated between the Vivendas de Santiago and Fogo phases. The area surrounding the freshwater lake will be landscaped with tropical plants and fringed with palms and a sandy shoreline. Other features of the lake include the Creole Island Bar and Restaurant, perfect for light lunches, evening grills and all manner of local delicacies which is easily accessed by a timber walkway.

The Sambala Resort

In order to understand Sambala, and any investment in our Project, it is important to reiterate that the Sambala Resort lies at the very heart of our vision. As the Project develops and gathers pace the many different facets of the Sambala Resort are carefully timetabled to ensure investors of significant momentum in terms of capital growth and income from their property. In essence Sambala are creating a totally integrated and permanent Resort community with high quality leisure built into its core fabric. The sensitive development of 8km of virgin coastline guarantees investors that a plethora of beach and ocean lifestyle activities will be central to the resorts activity base. Importantly though Two Championship Golf Courses, significant Spa & Well Being Facilities, a diverse offering of Bars & Restaurants, numerous shopping sites as well as Hotels and world class Marina are all strategically integrated into our fully operational Resort.

Rental Income

Sambala offers all investors the opportunity to lease back their furnished property into the Sambala Resort in return for a 5% guaranteed rental income through our five year Resort leaseback scheme . This scheme guarantees to pay investors a rental income of 5% net of the purchase price of their property over a fixed five year period. In due course other rental offers may also be available from Sambala Resorts for your completed property and will be clarified in due course.

Santiago

Discovered by Portuguese explorers in the 15th Century the vibrant Cape Verde Islands are located in the Atlantic Ocean some 450km to the west of Senegal and level with the island of Barbados. A unique and enchanting Creole way of life that firmly embraces both their Latin and West African roots has developed over the past five and a half centuries. Blessed with a year-round warm, sunny, temperate climate and now only 5 1/2 hours flight from the UK,
this fast developing archipelago now represents the closest tropical island destination to Europe and only 1 hour less than GMT so no jet lag.

Politics & Economy

Cape Verde is a multi-party, stable democracy, supportive of direct foreign private investment with a rapidly developing and adaptable local infrastructure. The small population follows the economic and monetary control policies of the European Union making it quite distinct from almost all other African nations. The exchange rate of the Cape Verde Escudo is fixed to the Euro (1 Euro: 110.265 CVE). The key to investing in the Cape Verde Islands lies in the combination of its stable democracy and growing sustainable economy built by private foreign investment into its fledgling tourism industry. These factors all explain why the country experienced a quite phenomenal level of direct foreign investment that reached
1 billion USD during 2007 alone.

Lifestyle & Investment

Cape Verde presents an opportunity to invest in a country whose property market and tourism development are still in its infancy. Continued direct foreign investment, a tropical climate, growing demand for quality bedstock and the success of a new International Airport have emboldened the Cape Verde Government to project national tourism growth from 85,000 visitors in 2000 to over 1 million by 2010. As such credible resort developments
in Cape Verde now present the overseas investor with an outstanding opportunity to obtain significant capital growth on property and why some independent commentators are confidently predicting a sustainable 10% per annum increase over the next 5 years.

Santiago Island

Santiago is the largest of all the Islands with over 1000 square kilometres of pristine mountain interior to explore with some very impressive peaks of up to 5,000 feet. The Pico d’Antonio is breathtaking especially when set against the dramatic deep blue ocean and deserted sandy bays. The Island has a very diverse landscape and is a rich home to a stunning array of flora and fauna that ranges from giant baobab and jacaranda trees, to indigenous kingfisher birds, rare butterflies and wild monkeys. Santiago is also rich in history and 16th Century Cidade Velha is not only Cape Verde’s oldest town but the first ever permanent European settlement built anywhere in the tropics and has recently been designated a UNESCO World Heritage site.

Importantly, the Island’s rich African heritage is also evident everywhere too and the essence of Santiago’s soul is very much centred around its vibrant music scene, colourful markets and lively festivals that are held throughout the year. Santiago is also home to half the population of the archipelago and of its capital city, Pra

Facilities

The integrated Sambala Resort embraces 8km of dramatic virgin coast line and watersports will therefore form a major part of the activities available to both investors, resort guests and visitors. As the project progresses Sambala will be introducing facilities such as a world class marina, dive centre, and ocean fishing lodge to compliment our initial activities such as:

• scuba diving
• big game fishing
• sailing
• kite and wind surfing
• jet skiing
• marine life watching
• snorkelling
• kayaking
• ocean cruising
• & all beach activities

Other Leisure Activities

In addition to the plethora of watersports, the Sambala Resort is committed to delivering a very broad range of essential leisure activities. In addition to the two Sambala Championship Golf Courses which are strategically timetabled into the project, the Resort will offer a whole host of sports, well-being and educational facilities.

• yoga
• tennis & squash
• gymnasium services
• guided walks
• island safaris
• massage treatments
• spa therapies
• fitness classes
• quad biking
• mountain biking

Bars & Restaurants

The Sambala Resort will also offer a diverse range of food and beverage services to cater for all tastes and temptations. Our wide range of catering facilities will offer everything from starlit beach grills to full a la carte cuisine. Sambala’s vision places great emphasis on promoting the local Santiagoan delicacies which are heavily influenced by Portuguese techniques and the close proximity of Brazil, and the finest quality beef imported from South America. Furthermore the abundance of fresh lobster, octopus and a wide variety of fish always guarantee that the Resort is also very much a seafood lovers’ paradise.

Transport & Travel

Weekly direct flights from the United Kingdom to Cape Verde are already available from both London Gatwick and Manchester and are approximately 5 1/2 hours flight time. Alternatively, daily flights operating between Lisbon and Praia offer the opportunity to dine, shop and explore Portugal’s capital city.

Payment Plan

• 35% on Contract
• 3 payments of 20% over the life of build
• 5% on completion

 

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