With construction of the White Sands Hotel & Spa – the latest development from The Resort Group PLC – coming along at a good pace, a new wealth of Cape Verde property investment opportunities is presented.
Consisting of 835 luxurious properties spanning 16 different categories, the 5-star Resort – due to open its doors to paying guests in early 2019 – offers smart investors an unrivalled opportunity to make their mark in one of the most promising tourist hotspots the world has to offer, and secure their portfolios long into the future.
The White Sands Hotel & Spa
Situated on the beautiful, undiscovered Island of Boa Vista in Cape Verde, the White Sands Hotel & Spa is the latest addition to a string of already-successful Resorts from the world-renowned The Resort Group PLC. The Cape Verde property investment opportunities on offer at the Resort include a range of lavish suites with their own swim-up pools, hot tubs and whirlpool baths, as well as larger penthouse and duplex-style suites, and a selection of exclusive villas with private gardens and plunge pools offering even more luxury.
The Resort itself features six swimming pools with swim-up bars, six restaurants, children’s facilities, a range of bars, water sports centre, fitness centre, and the world-famous YHI Spa. Indeed, it’s not hard to imagine just how popular the White Sands Hotel & Spa will immediately become as a tourist attraction when it opens.
And this, of course, is important. Wealth planning for your future means making smart investments – investments that will bolster your portfolio, deliver capital growth and provide assured returns. And this is exactly what makes Cape Verde property investment opportunities such a savvy move to make right now.
Growing Tourism on Cape Verde
Since 2000, tourist numbers have been increasing 115% year-on-year on Cape Verde. The year-round climate, the beautiful turquoise oceans, endless beaches, thriving culture, and laidback ‘no stress’ lifestyle combine to make the perfect holiday destination on these Islands. Indeed, not only has Cape Verde been named as one of the top ten countries in the world for sustained, long-term tourism growth, but, due to its protection from overdevelopment and other environmental commitments, it has also been named as one of top ten ethical travel destinations in the world as well.
And all of this great exposure and recognition on the world travel stage means that tourist numbers are only set to grow even more over the coming years. More than half a million new visitors are expected to set foot on Cape Verdean shores this year, rising to nearly three-quarters of a million by 2027.
And this is why the Cape Verde government is so committed to tourism on the archipelago, and has been investing heavily in the infrastructure on Boa Vista – the Island upon which the White Sands Hotel & Spa is situated – in particular.
Up until recently, the tourism success of Cape Verde had been largely driven by visitor numbers on neighbouring Island Sal. But today, more and more holidaymakers are choosing alternative Islands when making their visit – and the beautiful white-sanded shores of Boa Vista (meaning “beautiful view”) is one of them. Indeed, over the next ten years, travel and tourism investment is set to rise 8.6% per annum to CVE 34.2 billion across the Islands, with Boa Vista in-line to receive a significant proportion of this funding for new tourism projects.
(Image source: wttc.org)
Speaking about the White Sands Hotel & Spa during a recent visit to the site, Cape Verdean Prime Minister Ulisses Correia e Silva said, “The Government are present in all the Islands of the country, developing partnerships and defining solutions as City Councils and businessmen, sealing a great commitment of work towards the islands. And Boa Vista is able to develop a much stronger economy, occupying a prominent place in the development agenda of the country, with its own dynamics of economic growth and job creation.”
Protection from Overdevelopment
Of course, with so much money being invested into tourism in the country, a concern that may naturally arise is that Cape Verde may end up losing its “undiscovered” charm and appeal, with visitor numbers soon plummeting as a result. But in fact, there is no such risk.
Cape Verde is fiercely protected from overdevelopment. Strict government legislation is in place that allows only low-level and low-density projects to proceed. This means that the beauty and natural character of the Islands will always remain intact, which is great news for your Cape Verde property investment. Not only is the look and feel of Boa Vista protected, but the number of properties that can be built is restricted, meaning that the demand for luxury accommodation such as those at the White Sands Hotel & Spa will remain high.
Cape Verde Property Investments Made Easy with Our 12/7/5 Property Options Offer
The future of the tourism market on Cape Verde is secure. But with more arrivals each year, demand is high for 5-star accommodation – especially on the emerging tourist hotspot of Boa Vista. Smart investors are aware of this, which means there is only a limited time to make an investment in a property at the White Sands Hotel & Spa and add some additional security to your own financial future.
The good news is that we have a proven investment model at The Resort Group PLC that makes life very easy for investors. It centres around our fantastic 12/7/5 Property Options offer. The offer means that everyone who makes a Cape Verde property investment with us starts seeing 12% assured returns from day one of purchase – even while the White Sands Hotel & Spa is still in construction.
When the doors open to paying guests, investors then receive a guaranteed 7% net rental yield over the following five years, providing the long-term security you need from your investment. After this point, The Resort Group PLC will commit to resell the property on your behalf should an exit be required.
With tourist numbers continuing to rise, investment and support from the Cape Verdean Government pouring in, protection from overdevelopment, and an investment plan made simple, a Cape Verde property investment with The Resort Group PLC is a smart move to make for anyone looking to secure their future for themselves and their family.