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The Resort Group

The Resort Group is the premier developer of 5-star hotel & resort properties, specialising in Cape Verde, and has a proven track record of delivering consistent rental returns to property owners.

Developer wants agents for luxury Cabo Verde resort

20 October 2015 3174 Views

Developer wants agents for luxury Cabo Verde resort

The Resort Group, the developer of the all-suite Llana Beach Hotel and Spa, which is due to open in 2016, has also produced a video update of construction progress.

Agents are wanted to help sell property in the 601-suite Cabo Verde (Cape Verde) resort from around £170,000 that include fractional options from £20,000.

“The Resort Group distributes its properties via a network of high quality, well established and experienced independent sales agents. Typically these agents will have a strong customer base and will sell our properties directly to them alongside other products and services,” the company says.

“Our agents are a balanced mix of successful independent businesses, comprising of independent financial advisors, overseas property agents, property specialists, mortgage brokers and estate agents.

“With a proven property investment model we can offer your clients a safe, secure investment with rental incomes projected at 6-9% as well as excellent rates of commission to help grow your business.”

The Resort Group guarantees up to 7% per annum return during the construction phase for off-plan properties. “Typically, purchasers will buy off-plan to maximise their return and to take advantage of our off-plan incentives payable through the construction phase of the development.”

The Sal Island hotel, which is split into a family and adults-only sections, has an array of world-class holiday facilities including six restaurants, a spa, gym, nightclub and various pools and leisure facilities, and will be managed by Meliá Hotels International, the world’s largest resort hotelier.

It also offers exclusive inspection tours for prospective clients, staying at the Resort Group’s five-star Melia Tortuga Beach Resort or Melia Dunas Beach Resort & Spa for seven nights all inclusive, for £750 per person.

The video, which is almost two minutes long, shows building progress on the third project from The Resort Group. It says construction is progressing well and explains how electrical and IT infrastructure, building work and landscaping is coming on.

Founder and Chairman Rob Jarrett, says, “Package holidays are increasing year on year, which shows there are increased demands for more commercial properties and therefore high rental returns for overseas investors. Cape Verde is one holiday destination that has witnessed a rise in tourism and investment.”

“With a good management or estate agency, people investing in an overseas property can enjoy healthy financial returns over a long-term. This is especially true in Cape Verde where there is political stability, consistent growth in land values and a sustained level of government investment.”

Properties in the area can be purchased outright and fractional investments are available. “Fractional purchases are particularly popular because it means more people can access the investment opportunities. Furthermore, a £40,000 fraction includes a week’s personal usage every year of a property (a half purchase is up to three weeks and a full purchase is five weeks.)”

Cabo Verde is set to emerge as a top holiday hotspot, according to recent data from the World Travel & Tourism Council.

The Resort Group brand was created in 2007, by co-founders Mr Jarrett and Phil Donlan from the financial services industry. They operated as master sales agents on a number of high quality developments in Spain and in Canada, including the Toronto Trump Towers working in partnership with Donald Trump International.

The Resort Group is in Gibraltar, with offices in the UK and Cabo Verde.

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The Resort Group
12a Melbourne Business Court, Millennium Way, Pride Park
DE24 8LZ
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