TRG Property Sales

The Resort Group Breaks Ground at White Sands Hotel & Spa

Planned touristic development in Boa Vista to attract overseas property investors

Derby, UK – 16th December 2015 – Property investors looking for a new buy-to-let opportunity might want to consider purchasing a property on a hotel complex in Boa Vista, Cape Verde. The island has just been given a significant boost after The Resort Group announced it would start building White Sands Hotel & Spa, with a groundbreaking ceremony chaired by Cape Verdean Prime Minister, Jose Maria Neves, on Saturday 19th December.

The five-star hotel complex is the first of The Resort Group’s six major developments on Boa Vista island – all of which will be built on Santa Monica Beach – and forms part of the Cape Verde government’s ambition for major touristic development. As well as approving plans for new hotels and resorts, the government is investing in enhancing the island’s infrastructure such as new roads, improved power supplies and desalination plants.

Ahead of the White Sands Hotel & Spa groundbreaking ceremony this week, Rob Jarrett, CEO of The Resort Group, said: “The tourism success of Cape Verde has largely been driven by the increasing number of visitors to the neighbouring island of Sal, which is where our first three resort developments are located. Since opening, MELIàTortuga Beach Resort and MELIàDunas Beach Resort & Spa have attracted over a million tourists, and Llana Beach Hotel, which is scheduled to open in 2016, will drive touristic volume even further.

“Sal has grown up, and our successful investment model is set to be replicated in Boa Vista. Like Sal, the island will become a property investment hotspot and the reasons for this are simple. Its stunning beaches, year-round sunshine and increasing number of direct flights from across the UK and Europe will entice people looking for an alternative holiday destination.”

The Resort Group’s master plan for Boa Vista incorporates an impressive marina, developed in partnership with some of the world’s leading hotel brands, transforming Santa Monica into a truly luxurious beach destination, whilst preserving Boa Vista’s unique and unexplored edge. It will also meet the growing demand for high quality accommodation on the island and capitalise on the continuing growth in tourism to create an attractive property investment opportunity.

The White Sands Hotel & Spa development itself will be made up of 835 luxurious properties, from private villas and penthouse hotel suites right through to suites with private gardens, swim-up pools and hot tubs. It will be split into family and adult-only sections, ensuring that all guests can enjoy the highest quality of service tailored to their individual needs.

The hotel’s facilities include a choice of four themed restaurants and two large buffet style restaurants, a range of bars including a relaxing lobby bar, lively sports bar, late bar and nightclub, plus a champagne bar, and a selection of shops offering a variety of gifts, souvenirs and holiday essentials. In addition, guests will have access to six swimming pools, a luxurious YHI Spa, fully equipped fitness centre and water sports centre, and tennis and beach volleyball courts. For families, there will also be a kids club, playground and baby pools.

Investors interested in White Sands Hotel & Spa can purchase properties off-plan, with a full unit starting at €151,450. The Resort Group is guaranteeing an off-plan incentive of 7% per annum return during the hotel’s construction phase, meaning investors can start earning immediately. For more information, visit www.theresortgroupplc.com or call 01332 387 818.

Press Release