Overview
- Updated On:
- May 7, 2025
- 4,040 m2
Description
BAIA BEACH CLUB HOTEL DEVELOPMENT OPPORTUNITY
Approved Luxury Overwater Resort – Bahia das Gatas, São Vicente
Project Overview
- Price: €600,000 (negotiable for serious buyers)
- Land Concession: 4,039.67 m² waterfront plot (20-year renewable lease)
- Pre-Approved Financing: €1.2 million construction loan available for qualified buyers
- Environmental Clearance: Fully approved Environmental Impact Assessment (EIA)
Key Development Assets Included
- Completed Architectural Plans:
- 20 premium rooms:
- 16 prefabricated wooden bungalows (double occupancy)
- 4 master suites with private pools
- 110-seat F&B complex (restaurant + bar)
- Spa & wellness center (sauna, Turkish bath, gym)
- Administrative building (reception, offices, staff facilities)
Critical Infrastructure in Place
- Partially constructed foundations for overwater structures
- Wastewater treatment plant (40-person capacity ETAR)
- State-of-the-art desalination system and backup generator
- Prefabricated construction components ready for assembly
Operational Advantages
- Established brand identity (includes trademark and social media assets)
- Smart room systems: Individual AC, WiFi units, and phone lines
- Comprehensive security with full CCTV coverage
Projected Timeline & ROIPayback Period: 6.5 years (based on a 72% average occupancy rate)
Unique Selling Proposition: Only pre-approved overwater resort in São Vicente
Innovative Desalination System
- The property includes an advanced desalination system, financed through an approved €1.2 million loan, converting seawater into fresh, usable water. This eliminates the need for external water suppliers, significantly lowering operational costs.
- The system also generates surplus water, allowing the option to sell to nearby residents and businesses, creating an additional revenue stream and helping to recover the loan investment.
Investment Highlights
- Shovel-Ready – No Delays, All Permits Approved: All necessary permits and approvals are in place, allowing construction to begin immediately. No waiting for 18–24 months of permitting delays.
- Revenue Diversification: Multiple income streams from room rentals, F&B, spa, and retail.
- Growth Market: Cape Verde’s tourism industry is expanding at an annual rate of 9%.
- Financing Available: Pre-qualified €1.2 million construction loan.
This is a unique opportunity to invest in a fully approved and shovel-ready luxury resort, offering high potential for returns in a rapidly growing market.
Property Id: 22606
Property Size: 4,040 m2
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