DEVELOPMENT LAND - LAND IN SAL, CAPE VERDE FROM 60 357 💷 GBP

Location:
SAL, CAPE VERDE
Category:
LAND FOR SALE
Type:
Development Land
Beds:
-
Currency:
£ GBP
Prices:
-
Results:
1 listings
# 38014930 - £60,357 - Development Land, Santa Maria, Sal, Cape Verde

We are very pleased to offer for sale a development plot. Demolition of the existing structure is scheduled & paid for. The plot is located in central Santa Maria & could be developed into a small hotel ideal for the surf community or Air BnB/similar.

11
2

Your Property Cape Verde

Based in: Cape Verde

Telephone: 00238 9770032

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№: 38014930

Development Land for sale in Santa Maria

£60,357

Santa Maria, Sal, Cape Verde

Listed By: Your Property Cape Verde on 09.07.2019
View all available Development Land in Sal, Cape Verde from 60 357 💷 GBP on TheMoveChannel.com.

The 🏝 island of Sal somewhat recently established itself as something of a pack-leader in terms of Cape Verde's most desirable tourism hotspots, resulting in the appearance of endless new beachfront developments that are generally aimed at jet-setters. An extremely prestigious location where buying in is unsurprisingly a rather expensive endeavour, the year-round tourism trade of Cape Verde keeps demand for premium properties peaked for throughout the seasons. Skyrocketing property values haven't quite been kept up with in terms of rent yields, but this is of course augmented by the consistency of year-round demand. And of course, reliable yields in the region of 8 per cent are not to be sniffed at.

Development land has the potential for developing real estate on a larger scale than an individual building plot. Planning permission may already be in place for a project, such as a resort, a community of residential properties or commercial real estate, or the land may require further investment and promotion in order to start development.

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