Cape Verde – Sal Island – Pedre de Lume

TYPE OF DEVELOPMENT Aparments/Villas

PRICES FROM:
Apartments:
1 bed: (63m2 to 85m2) 115,000€ - 190,000€
2 bed duplex: (112m2) 210,000 €– 270,000 €

Villas:
Front line Golf (no private pools, can be put in by request, price to be arranged)
3 bed: (192m2, including terrace of 43 m2) 350,000 € - 390,000€)

Tower Villas:
Many with sea views, no pool. 238m2 (including terrace of 63 m2) From 430,000€ - 555,000 €

DEVELOPMENT

Townhouses and Villas right on the beach. Arranged in a spacious “horseshoe” layout these magnificent homes boast both sea and swimming pool views. Finished in a traditional stone finish, which provides a cool internal environment. Each home has its own terrace on both levels. Beach front villas are available in various stylish finishes. Toatally self supporting resort with all amenities

FACILITIES
• 8000 units to be launched in 2007
• Beachfront location
• Marina
• Tennis Courts
• 18 hole golf course
• Commercial centre

DEVELOPMENT INFORMATION
PEDRA DE LUME

NUMBER OF APARTMENTS/T.H.VILLAS
CURRENT PLANNED

NUMBER OF PHASES CURRENT PLANNED
1 2

COMPLETION DATES CURRENT PLANNED
2009 2012
WHO TOURS Developer TDE Only

NEAREST TOWN Name Espargos Distance 10 min drive
NEAREST AIRPORT Name Espargos Distance 15 min drive

Location Map/Site Map/Artist Imp/
Floor Plans General info download

Views Beach, sea and golf

Development Info
- Golf
- Marina
- Yachting club
- Several swimming pools
- SPA
- Restaurants and bars
- Commercial centre

Availability & Prices Download centre

Furnished NO

PAYMENT TERMS
Deposit to us, WLS takes PPC amount and then transfer to developers account.

Send proof of payments for deposit and PPC at all stages. Property only reserved by proof.

Please refer holding deposit reservation to product department or file in sales support for details if product not available

proof MUST be given within 24 hours

Reservation Fee 6800 €

Transferable/refundable

PPC Deposit required by (ie 30 days)

Stage payments (Apt + Villas)

25% within 14 days
25% at foundations
20% at roof
20% at tiling
10% on completion
(between 6-9 months apart)
Clients will be informed when next payment due and each completed stage will have a certificate to confirm stage completion.

Stage Payments (Tower Villas)

15% Contract signature
20% Foundation level
15% Roof level
15% Tiling
35% Completion


COMPLETION
2009 (Phase I)

MORTGAGES Client can apply for a 70% mortgage as the completion stage approaches.

Mortgage requirements are:
1. Proof of earnings
2. Letter of comfort from Bank (reference)
3. Letter to CV Bank requesting mortgage – NO application form!

PURCHASING COSTS
Normal CP

LOCAL AMENITIES

GOLF Km Distance on site

BEACH Km Distance On beach

SHOPS Km Distance On site

BARS/REST Km Distance On site