Vila Verde Studio Apartment for €62,500

At €62,500 this exclusive deal is offering investors and holiday-makers alike a fantastic opportunity to buy into the highly prestigious and esteemed resort of Vila Verde.

Ideal for letting, the unit will be managed by a property management company, which will take care of all components of the resort and within the terms agreed by the owner, will manage the rental plan. The studio apartment also includes a guaranteed rental scheme for 2 years with the return adjusted according to your own usage rate.

The property can be secured with payment of €37,750 to the seller on sale of the property with the remaining €24,750 to be paid to the developer on completion (expected Dec. 2008).

As part of one of the most popular developments on Sal island, this studio apartment is perfectly situated to capitalise on Cape Verde's fast-rising prominence.

The Vila Verde resort emulates a small colonial village amidst luxurious green areas. The apartment will be part of a green community area enjoying a private open garden and private swimming pool.

The resort is being built to a very high specification, from the individual properties and their aesthetics to the luxury surroundings, with every facet receiving the highest attention to detail.

Just fifteen minutes drive from the International Airport and 300 meters from the beautiful, white sandy beach of Ponta Preta this apartment is perfectly positioned to allow you enjoy the wider benefits of the increasingly popular Sal island, with its fantastic watersports, nightlife and more.

At €62,500, this apartment is very competitively priced for a development of such quality and location.