Boa Vista Palm View Resort

One Of The Few Six Star Property Developments In The World


Introduction:
One hour south of the Canary Islands and only five 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, surfing and fishing enthusiasts.

With a fast growing reputation amongst holiday-makers and property investors alike, Cape Verde is set to experience phenomenal property rental and capital growth 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 redefines luxury with spacious apartments and beach front villas boasting an unrivalled setting on one of the finest untouched beaches the world has to offer. From breathtaking sea views through floor to ceiling windows to the imported Italian marble floors throughout, these properties exceed all expectations.

Whether you are 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 is still remarkably attainable.

Overview:

  • Optional 5% guaranteed net rental return for 3 years with 4 weeks personal use
  • Completion first quarter 2010
  • 85% LTV Mortgages
  • Luxury contemporary apartments from just €70,000
  • Situated on Cape Verde's most beautiful island, Boa Vista
  • Stunning beach front location with year-round sunshine
  • One of the world's few 6 star resorts just 5 ½ hours from the UK
  • Nine tropical swimming pools, luxury spa and gym
  • 6 star hotel, designer shops and gourmet restaurants
  • All properties fully furnished with 42 inch plasma TVs
  • Fully managed resort in country with strong capital growth
  • Palm View Privilege Card entitling owners to VIP treatment on every visit


Description:
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.

An award winning team of architects, engineers and designers is behind the Palm View Resort concept. The perfect sea-front positioning can be enjoyed just as much by owners when they are relaxing in the comfort of their property; over ninety per cent of the exteriors on Palm View Resort are made of high quality tempered glass to allow the year-round sunlight in whilst retaining comfortable cool temperatures and giving owners stunning panoramic views.

All properties, from the studios, two bedroom apartments and five bedroom detached villas, enjoy many of the same luxurious touches. From contemporary interior design to Jacuzzis with built-in DVD players, these properties deliver the ultimate in luxury living.

With spacious interiors and private terraces varying in size there is a combination of ground and first floor, middle and end of the row apartments and beachfront villas from which to choose: fully furnished to the highest standard and with Italian marble flooring throughout. All properties have private outdoor terrace • space varying in size and number Fully furnished to the highest standard

Studio apartments
Spacious studios are available on the ground and first floors. With many of the same luxury touches as the larger properties, the studios present an opportunity to enjoy Palm View
Resort at exceptional value.

Two bedroom apartments
Spacious interiors lead onto private terraces with roof terraces on first floor apartments. The two bedroom apartments are available on the ground and first floors, at the end or middle of the row and enjoy luxury touches throughout.

Luxury villas
These incredibly spacious, five bedroom, four bathroom villas lie in a breathtaking frontline beach location. Delivering the very highest in luxury, each villa has an extended private

terrace leading onto the beach and a private infinity swimming pool with sea views. These
villas are the ultimate base for a privileged
lifestyle, accommodating as many as ten people.

Guaranteed rental income
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, we are able to offer all buyers an optional 5% net guaranteed rental income for their property.

The initial term will last for three years, after which time you may choose whether or not you would like to renew the agreement for a further period. On average, this equates to an income of 10,000 Euro per year on an apartment at 200,000. Euros

You can still enjoy the use of your property at Palm View Resort even if you take up the
guaranteed rental income, as we offer four weeks of personal use every year!

Amenities:

  • 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

At Palm View its not just a six star resort - its a six star lifestyle.

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Finance

FINANCE

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.

Reservation
Once you have decided which property you wish to purchase on the Palm View Resort, you will be sent a reservation form which you must fill out and return with your reservation deposit of 6000 Euros. When we receive your deposit and reservation fee, the price is fixed and the unit is secured in your name. The pre promissory contract is then sent out to you.

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

Mortgages
There are two ways of financing your Palm View property; from funds raised in the UK or with a mortgage from a local lender. Our finance team can advise you on your options including competitive mortgages up to 85% loan to value - around 10% more than the standard mortgages available in Cape Verde! Please contact us to discuss financing your property.{tabs}