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Palm View Resort

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Properties in Cape Verde: Boa Vista

Completion due Q1 2010

The Palm View Resort is a sea-front six star resort that will evoke a sense of elegance and offer an ultimate and breathtaking experience.

Properties in Cape Verde: Key Investment Points

  • Luxury 6 star resort
  • New exchange bond payment system
  • Purchase with as little as 10,000 euros
  • 7% rental garantee for 5 years
  • Fully furnished to the highest standard including 42” plasma TV
  • Jacuzzi as standard with two bedroom apartments and villas
  • Completion first quarter 2010
  • 100% finance available

Guaranteed Rental Opportunity

Thanks to Palm View Resort’s acclaimed status as the only six star resort in Cape Verde, the island’s year-round climate, increasing accessibility and growing popularity with international tourists, all buyers are offered an optional 7% rental guarantee for 5 years. A total of a 7 year investment with nothing to pay other than the cost of the exchange bond, which is refunded from the purchase price at completion, means the exchange bond will cover the purchase of the unit.


Properties in Cape Verde

The Palm View Resort is a sea-front six star resort that will evoke a sense of elegance and offer an ultimate and breathtaking experience. From relaxing in our luxury spa or enjoying gourmet food served at its best by our local and international chefs, to simply strolling the powder white sandy beaches and enjoying the theatrical sunset and stunning views.

Whatever you decide, prepare to be pampered with the ultimate in luxury living. Exclusive to property owners is Palm View Resort’s twenty four hour concierge service. Simply call from home and your flights, collection from the airport and champagne reception will all be organised for you.

The amenities on site will include a six star boutique hotel, nine swimming pools, four restaurants, beach bars, disco bar, tennis courts, football pitches, outdoor theatre, exclusive boutiques, fully equipped gymnasium and a luxury health and beauty spa.

At Palm View it’s not just a six star resort - it’s a six star lifestyle. Available to all property owners, the Palm View Resort Privilege Card entitles holders to VIP treatment every time they visit, from champagne reception and courtesy transfers upon arrival at the airport to complimentary services and substantial discounts on activities, dining and shopping within our designer boutiques.


Boa Vista

One hour south of the Canary Islands and only fi ve and a half hour’s flight time from the UK, Cape Verde is home to some of the most beautiful beaches in the world. The unspoiled island of Boa Vista is a sunbather’s paradise, boasting some of the best beaches to be found on Cape Verde, making an ideal destination for sailing, scuba diving, surfi ng and fi shing enthusiasts. With a fast growing reputation amongst holiday-makers and property investors alike, Cape Verde is set to experience phenomenal property rental and capital potential whilst being developed with care and respect for its beautiful, natural surroundings.

One of the few six star property developments in the world, Palm View Resort redefi nes luxury with spacious apartments and beachfront villas boasting an unrivalled setting on one of the finest untouched beaches the world has to offer.

From breathtaking sea views through fl oor to ceiling windows to the imported Italian marble fl oors throughout, these properties exceed all expectations. Whether you’re looking for an indulgent holiday home or an investment in a proven and fast growing property market, Palm View Resort and the Cape Verde Islands deliver the ultimate solution. Year-round sunshine, unspoiled scenery, world class water sports, fascinating culture, unrivalled six star resort facilities, increasing accessibility, rental guarantees, mortgages up to 85% loan to value... and all in a country where this level of luxury Cape Verde investment property is still remarkably attainable.


Facilities

Palm Beach Resort will have a wealth of six star facilities for the enjoyment and convenience of guest.

The amenities on site will include:

  • a six star boutique hotel
  • nine swimming pools
  • four restaurants
  • beach bars
  • disco bar
  • tennis courts
  • football pitches
  • outdoor theatre
  • exclusive boutiques
  • fully equipped gymnasium
  • luxury health and beauty spa.

Reservation

The basic process now for reserving is

1. Identify unit of choice
2. Complete the reservation form and transfer the monies to the account on that form - notify us of the unit you wish to reserve, it will be held for 48hrs pending proof of transfer
3. The client will then be contacted by exchange bond company and a simple credit check carried out
4. If this is successful contracts will be issued. This is a quick process and can be completed within 2 weeks

Mortgages

At completion there will be offered 100% finance, based on 85% ltv mortgage by BCN bank and a simple credit check at reservation. The developer will underwrite the valuation to ensure that the 100% finance is available. There will be written and contracted guarantee's of this.

Pre promissory contract

When you receive the contract you should appoint a solicitor to deal with your property purchase in Cape Verde. We can recommend an independent solicitor experienced in the Cape Verde buying process or you are free to source your own. The solicitor will look over the contract to make sure that everything is in order and you are happy to proceed. You have 28 days to return the pre promissory contract with the 30% deposit less the reservation fee. It is at this point that you are contracted to buy the property.

Stage payments

Five months after signing the pre promissory contract you will be asked for a further 20% of the purchase price.

Completion

Upon completion of the property you will be asked for the final 50% of the purchase price which can, of course, be mortgaged. Your solicitor will complete the sale on your behalf and will do the essential checks required including the payment of stamp duty, property tax and make sure the property is registered with the land registry. The property is then yours!


At Experience International we believe that research and knowledge is everything. It is why we scrutinise every development we present, ensuring our customers see only the best properties available in the most stunning locations worldwide. Join the growing number of buyers who recognise that there is no substitute for experience.



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