Released on: May 27, 2008, 1:35 am

Press Release Author: Stuart Hill

Industry: Real Estate

Press Release Summary: The Cape Verde Islands, these once little known archipelago
comprising of nine inhabited islands and one uninhabited island is now widely
believed to be on the brink of an economic boom.

Press Release Body: Cape Verde, May 27, 2008 -- Heavy investment in tourism and
increased foreign investment in property and infrastructure create a perfect
environment for fantastic returns on investment within this emerging market. With
increased direct flight services to Cape Verde from Europe, the islands\' true
potential as a mainstream holiday destination is confirmed.

When asked about his views on the current property market in Cape Verde, Stuart
Hill, a spokesman from Property Zone Direct said;

“Investment in Cape Verde is increasing rapidly and our investors and holiday home
purchasers have become aware of its unrivalled potential. Capital growth estimates
are currently running above 15% per annum, with higher luxury frontline beach
developments reporting increases of up to 20% per annum; this has quickly become our
client’s destination of choice!”

The islands offer a great variety of property, one such development that is catching
the eye of purchasers is Paradise Beach, on the island of Sal.

The Paradise Beach resort is beautifully positioned on 28 hectares of south-west
coastline on the Island of Sal, within fifteen minutes walk of the tourist town of
Santa Maria.

The islands only international airport is based on Sal, making it one of the major
gateways to the Cape Verde islands; plus the abundance of magnificent white sand
beaches and guaranteed sun has turned Sal into a major tourist destination.
Arguably, Sal is the most cosmopolitan island in the archipelago as nightlife
abounds, with a choice of bars, clubs and restaurants. The extensive white sanded
beaches characterise the island of Sal. This rapidly developing island offers a
varied range of hotels. 18 km south of the airport, the town and tourist resort of
Santa Maria offers 8 km of white sanded beach and crystal clear waters. Sal has
excellent conditions for many water sports, with windsurfing, fishing and diving
readily available.

Paradise Beach resort is centred around the 32 suites five star hotel and comprises of:

• 22 exclusive beachfront detached villas with private swimming pools
• 12 deluxe beachfront semi-detached villas
• 188 3-bed semi-detached villas
• 202 2-bed apartments
• 97 3-bed duplex penthouses
• 12 swimming pools dispersed through the residential area of the development
• A five star hotel including bars, restaurants, conference centre, health and
beauty spa, Nightclub and internet cafe
• Prices starting at €139,000

“This development has proved to be our most popular with clients”, said Stuart Hill
of Property Zone Direct, he went on to say, “With its, qualities, value for money
and stunning beach front location, it’s easy to understand why our clients have
chosen to purchase there.”
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Contact:

Stuart Hill
Property Zone Direct
Cape Verde
0800 027 5367
info@propertyzonedirect.com
http://www.propertyzonedirect.com

Web Site: http://www.propertyzonedirect.com

Contact Details: Property Zone Direct
Cape Verde
0800 027 5367
info@propertyzonedirect.com
http://www.propertyzonedirect.com