Tortuga Beach Resort & Spa, one of Cape Verde's leading residential developments, Sal Island
News
The developers are delighted to confirm that this month (August) they have signed a Letter of Intent for both Tortuga Beach Resort and Dunas Beach Resort with leading construction company Grupo XXI (English translation ... Group 21).
After an extensive and very detailed review of the tenders received, they have chosen Grupo XXI based on a number of positive factors as below ...
* The materials and standards of workmanship demonstrated in the bid meet the required very high standard of construction as mandated by the developer.
* Cost for delivery of both Resorts is fair and reasonable.
* Previous / current experience of construction on Cape Verde.
* Offices in Spain, the Canary Islands and Cape Verde (Sal).
* The developers research and analysis of Grupo XXI show that they have the resources, financial strength, credibility and experience to be able to deliver the Resorts in a high quality manner, efficiently, professionally and on time.
Now that the Letter of Intent has been agreed and signed by both parties, the formal contracts are in the process of being finalised by the lawyers and the developers are expecting these to be signed in the next 4 to 6 weeks.
Initial mobilisation is underway by Grupo XXI and fences have already been erected around Tortuga and will soon be erected around Dunas.
Watch this space!!!
On Friday 4th July a brand new Channel 4 series of the popular property show, A Place in the Sun - Home or Away, showed how it was make your mind up time for singer and presenter Cheryl Baker and husband Steve Stroud, as they decided where to invest their £160,000 inheritance.
Property experts Jonnie Irwin and Jasmine Harman helped them choose between a buy-to-let in up-and-coming Folkestone, or a holiday home on the tropical island of Sal in Cape Verde.
They chose to buy on Sal Island, being heralded as the nearest winter sunshine destination to the UK, and the ‘new Caribbean’.
The shows website comments on the property market;
Governed by Portugal until gaining independence in 1975, it’s easy to see why the Portuguese were reluctant to release Cape Verde from their control. Beautiful white sand beaches ring most of the islands, while palm trees sway in the breeze that cools the year-round tropical temperature of 23C (75F).
If the Portuguese brought European ways to the Islands' administration, its colourful culture owes everything to West Africa. Today, while the hotel complexes on Sal and its capital Santa Maria are very much international in appeal, elsewhere the language, cuisine, architecture and nightlife are exotically out of Africa.
The Island’s government has only begun to appreciate the rich cultural melting pot in the last five years. Tourism and housing construction are largely new to the islands, and in particular its main two: Praia and Sal; the latter being the destination to which charter airline Astreus has recently begun the first direct flight to the islands from the UK airports of Gatwick and Manchester.
The onset of direct flights is expected to have a large impact on the property market.
Source: Channel 4, A Place in the Sun: Home or Away website
The signing of the public deed of purchase and sale for Dunas Beach Resort which resulted in the developer buying land directly from the government and becoming the legal owner.
On signing of the deed a ‘first’ was achieved… as the only developer to have bought from the state of Cape Verde and fully paid for the land earlier than the payment schedule within the purchase contract.
Fantastic news! The Deed to transfer ownership was signed for Tortuga Beach Resort & Spa at the Notary on Monday 28 April.
The developers are now the legal owners of both plots of land.
The developers also have two "firsts" when they took title to Dunas Beach Resort land earlier this year: -
1) First developer to pay for land from the state of Cape Verde earlier than the contract payment schedule.
2) First developer to have completely paid the full purchase price (including all stage payments) for touristic land from the state of Cape Verde.
On both Resorts the developers now own the land, have planning permission, construction license, very strong sales and construction will commence in the next few months.
The power of Option 3 special offer payment plan from the developer expired at midnight 30th April 2008.
Watch this space for the next exciting payment plan.
Tortuga Virtual Tour - see it for yourself
We've just released the first full virtual Tour of our 5 star luxury Tortuga resort. Watch the movie to get a real insight into how beautiful and spacious our resort truly is. You will also see how beautifully appointed the apartments are too.
We are pleased to announce that we have appointed Rhooms to source stylish, contemporary and traditional furniture for properties on the resorts, Tortuga and Dunas.
We are working exclusively with them as specialist suppliers to the Cape Verdean market and have brought together a free furniture pack collection consisting of the following;
1 x 3 seater sofa
1 x sofa chair
1 x coffee table
2 x table lamps
1 x dining table
6 x dining chairs
1 x entertainment unit
1 x deluxe mirror
bedroom/master
1 x queens size bed/mattress
2 x bedside cabinets
1 x wall print
each additional bedroom
1 x queens size bed/mattress or 2 x singles
1 x bed side cabinet
The full payment options details for all reservations are as the options below:
• Option 1 :-
- Reservation fee: apartments - €6,000 (£4,000), villas - €12,000 (£8,000)
- 1st deposit: 30% within 15 days from receipt of contract
- 2nd deposit: 20% within 6 months of payment of 1st deposit
* Clients will receive free legal services and air conditioning
• Option 2 :-
- Reservation fee: apartments - €6,000 (£4,000), villas - €12,000 (£8,000)
- 1st deposit: 20% within 15 days from receipt of contract
- 2nd deposit: 20% within 6 months of 1st deposit due
- 3rd deposit: 20% within 12 months of 1st deposit due
* Clients will receive free legal services, air conditioning and a quality furniture pack
(Reservation fee is non-refundable)
Between May 26 and June 2, the first-ever “Cape Verde Week” in France will be held in Paris. With the sponsorship of Cesária Évora, the event is an initiative of the Cape Verde Business Club, which was created in France following a visit by Prime Minister José Maria Neves in November 2005.
In partnership with the Cape Verdean Embassy, TACV Cabo Verde Airlines and Cape Verdean associations in France, the Cape Verde Business Club will organize a week-long event in Paris dedicated entirely to the country.
The event will begin on May 26 with a gala dinner for 300 individuals in the UNESCO palace restaurant, followed, on May 27, by a handicraft, painting, photography and sculpture exhibition on Saint Germain Square.
The Saint Martin space, located near the George Pompidou Center, will host two conferences on Cape Verde between May 28 and 30 - one on tourism and another on investments - as well as a workshop on literature and poetry and an afternoon of Cape Verdean theater and cinema.
Source A semana
Cape Verde and Portugal have decided to draw up a plan of action for the West African archipelago to be granted special status in relation to the European Union (EU), Cape Verde’s ambassador to Portugal, Arnaldo Andrade told Radio Cabo Verde Thursday in Portugal. The ambassador said that the decision had been taken Tuesday in Lisbon during a three-way meeting between representatives of the European Commission, Cape Verde and Portugal, to discuss the special partnership that the archipelago plans to set up with the 27 countries of the EU.
Andrade also said that the plan of action, which was being submitted to the European Commission, was “a first concrete step” towards the partnership, as “for the first time, we have moved ahead with something concrete, other than just statements.”
The Cape Verdean diplomat admitted that the process would be a long one as there was no precedent set for a country outside the European continent to have a special status in relation to the EU.
Andrade noted however that the governments of Portugal, Spain and Luxembourg had supported Cape Verde’s move to be granted special status.
