Budget Cape Verdean All Available - Ref 988312

With a beautiful beachfront location on the prime white sands of Ponta Preta beach, just a couple of minutes to the main town of Santa Maria, Dunas Beach Resort is a prestigious development of the new villas, apartments and hotel suites built to the very highest specification. This is the perfect development for Investment Purchasers;

• Stunning choice of properties including Villas, Apartments, Studios and Suites


• High quality finish and understated luxury throughout all Resort Property


• All the facilities you would expect from a 5 star Melia Resort


• World-Class restaurants with a blend of international cuisine to suit all tastes.


• Expansive communal pools for ultimate relaxation


• Tranquil surroundings with beautifully landscaped gardens.

Dunas Beach Resort has everything that residents could possibly need. The boulevard close to the ocean has bars and restaurants serving a variety of cuisine. There are landscaped gardens, spacious pool areas and secluded walkways. A range of activities are available for the energetic, or you can simply relax and take in the sun. There's a concierge service to take care of all needs. All contained in a private gated community that's perfect for families and couples wishing to get away from it all.

The Resort will feature many fine restaurants and bars, two poolside wet bars, courtesy and lounge areas, Melia Yhi Spa and Gymnasium, tennis courts and a variety of shops. Why not try an indulgent cocktail right at the beachfront in the luxurious experience that is the Gabi Club and watch the sun set along the ocean. If that isn't enough, the entire Resort will be operated and managed by the largest resort hotelier in the world, Sol Melia, under their five-star Melia brand.

Melia Dunas Beach Resort will be a truly world class tourist destination, representing an outstanding opportunity for both investment and lifestyle buyers. The development is due for completion March 2013.

Dunas Beach Resort offers a stunning range of properties each with their own unique character and all finished to the same high quality specification;

• 
  Spectacular beachfront villas with private pools and gardens
  


• 
  ImpressIve range of one, two and three bedroom apartments (Shared Option Also Available)
  


• 
  Spacious Studios
  


• 
  Prestigious suites in the development's 5* Sol Melia Hotel
  

All properties share the same high quality specification and luxurious finish for the ultimate in relaxation, comfort and indulgence. The pioneering architectural design makes for a unique and distinguished exterior. The interior is of natural, elegant and contemporary styling. All have designer kitchens complete with premium appliances and every property is relaxing, luxurious and spacious throughout.

The whole interior design scheme centres around the concept of 'Contemporary Simplicity' with an emphasis on pure shapes and subtle design. The finish is vitally important, so the design demands high specification materials, products, fixtures and fittings.

The earthy colour scheme is comforting and tranquil, making the rooms the perfect place to relax. Stylish furniture, luxurious fabrics and subtle lighting allows for a sensuous and serene hideaway, which reflects the aesthetics of nature. You will also find contemporary bathroom suites and designer kitchens.

There are currently 3 offers currently running on these properties:

1) Pay 35% payment on contract (less reservation fee) and the remaining 65% on completion.

2) Pay 45% payment on contract (less reservation fee) and the remaining 55% on completion.

3) Pay 25% (less reservation fee) then a further 20%, 20% and 20% at six monthly intervals.

Please refer to table for further details regarding these offers:

There are several options of funding a purchase in Dunas Beach Club;

• Cash Purchase - 6% per annum interest will be given on any cash used to fund the property purchase.

• Mortgage - Cover borrowing costs up to 10%

• Equity Release

• SIPP - Fully SIPP Compliant using the UK's largest Independent Self Administrated provider.

• Self Invested Personal Pension (SIPP)

• Personal pension for which the person investing for retirement has a greater control and choice where their fund is invested.

• Fund managers may invest in potentially volatile stocks and shares, allowing you limited or no control on how your money is invested or its performance.

• SIPP's give the 'control' back to the individual

• Wide variety of investment choices, one of which is Commercial Property, such as hotel & holiday accommodation

• Same tax relief benefits available - between 20% & 40% depending on the prevailing tax rates and your personal tax band

• The SIPP can borrow up to 50% of its net assets - for further investment

• SIPPS are fully regulated by the Financial Services Authority (FSA)

• No personal use is allowed under SIPPS

It is our understanding that the SIPPS products that we offer have been approved by Pension Trustees who have IFA and HMRC approval. It is essential to discuss your personal requirements with an IFA. We can assist in introducing you to an IFA who is familiar with this type of investment. There are annual charges which the SIPPS provider would cover with you.

This is a fantastic new opportunity allowing clients to invest in a property without buying outright and is available to both Cash and Sipp clients.

• Cash Investments available from £10,000

• SIPP Investments available from £21,000

A variety of fractional investments are available as you can invest into anything from a quarter to a twentieth, depending on the size of your budget. in total there are more than 40 different investment levels to choose from.

• 3% return paid during construction*


• Share of rental income


• Share of capital growth


• No closing costs


• No mortgage required


• Supported by signed Hotel Operator

*3% interest is paid on the full fraction price for a maximum period of 36 months or completion of the property, whichever occurs first.

Purchasers at Dunas Beach Club can also join the Rental Scheme within the resort. Set out below are the rules of the scheme;

• 15 year contract

• Does not restrict sale of property (New purchaser must continue in the rental programme)

• 5 weeks per year personal usage (free) 2 weeks can be taken in peak season (Easter week, Summer hols and Xmas week)

• 5 weeks can be waivered for proportionately higher rental income in one year and then retained again the next.

• No free usage allowed for SIPP purchasers (only cash)

Rental Pools are formed consisting of similar property types.

A consulation with the hotel operator will then determine the room-rates for each pool. These will be monitored to reflect supply/demand forces, competition and events.

The pool will be rented on a rotational basis, generating a 'gross' revenue for that pool.

Operational Costs will be deducted from the gross revenue - such as; water, electricity, cleaning and consumables, furniture, property management etc.

This determines the NET INCOME for the pool

50% of the NET INCOME is distributed equally amongst the owners of the pool

A 'Management Fee' is a separate payment that must be made from the owners 50% share (towards the upkeep of shared areas)

The rental income (Net of operational costs) is paid quarterly, in arrears.

Set right on the beach and direct flights just 5 and half hours away from the U.K, Dunas Beach Resort is a perfect destination. The islands have a growing economy, with billions being invested in tourism and infrastructure development, and as the most popular island to visit, Sal is at the heart of this exciting growth.

As the tourism demand continues to rise, more and more visitors are looking for high quality accommodation to fully experience and indulge in this flourishing paradise and 2013 will see the completion of this outstanding resort that is, Dunas Beach Resort and Spa.

We are delighted to make available Inspiration Tours to Cape Verde. Flying to the International Airport on the Island of Sal you will be able to view some of the best beaches in the world, the site where Dunas Beach Resort and Spa will be situated, the surrounding area and a chance to sample the lifestyle of this up and coming piece of paradise. The tour itinerary includes flights, transfers, hotels, meals and guide. The tour is only available to book once a reservation has been made.

1 Week 'All Inclusive' Trip

• Flights are typically from Gatwick Airport on Mondays (although flights are available from Manchester and Birmingham)


• Flights, accommodation, transfers, site visit, food and beverage taken care of.


• Dedicated 'On Island' inspection team

The Terms and Conditions

• A 750 contribution fee for the 1 week trip is required (paid before travel)**


• The remaining 50% is subsidised by The Resort Group


• The £750 must be paid at the point of reservation, this is in addition to the reservation fee, for example;
  
  €2,000 / 1.25 (or relevant promotional rate) = £1600 (to reserve property) + £500 for 1 week inspection trip (per person)

**Clients must attend full tour as per itinerary.

SIPP clients must pay 100% of trip costs to comply with HMRC (no subsidy)