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Sal, Praia de Nato
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€79,900 - €159,900
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"Praia de Neto" has everything you could hope for if you are looking to combine a fantastic holiday home with the best rock-solid investment. These individually designed houses are on two floors with guaranteed unobstructed sea views a mere 100 metres from the sea. This unique development is the only one on Sal that offers a complex of new build houses.
Situated in the town of Palmeira, this area is less touristy than Santa Maria, but still within easy reach of all the interesting places to visit on Sal. The Oasis at Fontona is within walking distance and Palmeira itself has the potential as a boating haven with yachts moored off it's beach. The area in front of the development has a safe but rugged beach with a sandy beach a short distance away in Palmeira.
At present only no.5 is due for completion at the end of 2005. Phase II has just been released with the prices (amazingly!) staying the same as phase I, so we believe that this complex is one of the best value for money projects on the Island. The second phase is made up of 10 two bedroom homes (no.s 6-9 and 11-16) and a larger property no.10 (please see floor plans above). Construction will take between 15-18 months with each house having it's own garden, patio area, open plan living area and two bedrooms. Each house is ideal to rent and the Developer has already set up a company to deal with the letting's and management of the development.
The payment plan is as follows:
2,000 Euros to reserve
18,000 Euros on the start of the construction (est Oct 2005)
20,000 Euros on construction of the floor (6 months)
20,000 Euros on construction of the roof (5 months)
20,000 Euros on completion (6 months)
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Cape Verde
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Tel: (00) 34 922 734 066
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www.thecapeverdeislands.com
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Please fill in your details below to receive more information about this property
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angela@thecapeverdeislands.com
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