Maio, Cape Verde
Offers in Region of
£1,250,000
- PROPERTY TYPE
Hotel Room
- BEDROOMS
22
- BATHROOMS
22
- SIZE
Ask agent
Key features
- First-line beachfront hotel complex. 15,000 M2
- Stunning location on a tropical beach
- Huge potential for an iconic touristic development
Description
Exceptional Beachfront Hotel & Development Opportunity — €1,250,000
A rare opportunity to acquire an established beachfront hotel complex occupying approximately 15,000 m² in one of the most attractive coastal locations on the island of Maio.
Bela Vista enjoys a first-line beachfront position with approximately 100 metres of beach frontage, offering uninterrupted coastal views, exceptional privacy and significant potential for redevelopment or refurbishment.
The property is being offered at €1,250,000.
The Opportunity
Bela Vista was previously operated as a hotel/resort and comprises approximately 22 existing accommodation units, together with reception facilities, restaurant, bar, swimming pools, tennis court and associated communal areas.
The property has been closed since 2020 and consequently requires refurbishment and recommissioning. The vendor advises that works are likely to include general cleaning, painting, landscaping/gardening and re-establishment of the electricity supply, together with the other works normally associated with bringing a previously operational resort back into use.
For an investor or developer, however, the current condition provides considerable flexibility.
The property could potentially be:
According to the vendor, the Bela Vista site is approximately 1.5 hectares, with development conditions allowing approximately 60% building potential, subject to a density limitation of 45 units per hectare.
On that basis, the vendor estimates potential for approximately 67–68 units, compared with approximately 22 units currently constructed.
There is also a substantial approximately 5,000 m² parking/open area behind the existing accommodation which, according to the vendor, could provide an opportunity for additional development, subject to planning.
The vendor also highlights the site's position within a larger planned beachfront development area. The supplied plan shows Bela Vista situated within a wider planned area incorporating plots intended for hotels and apartments.
All development figures and planning potential should, of course, be regarded as subject to verification and the relevant Cape Verde planning and regulatory approvals.
An Exceptional Beachfront Setting
The location is arguably the property's greatest asset.
Bela Vista occupies a wide, open beachfront setting with extensive sandy beaches immediately in front of the property. The supplied photographs demonstrate the scale of the beach, the low-density character of the surrounding area and the property's direct relationship with the Atlantic coastline.
The west-facing position also provides afternoon and sunset exposure, while the vendor advises that, in clear conditions, views towards the island of Santiago/Praia can be enjoyed across the water.
6Existing Resort Infrastructure
The acquisition includes the Bela Vista site and the existing facilities situated upon it, including:
Why Bela Vista?
The asking price of €1.25 million represents an opportunity to acquire a sizeable beachfront site together with an existing tourism complex and significant scope for repositioning.
The vendor's view is that the underlying beachfront land value is a significant component of the opportunity, while the existing buildings and infrastructure provide a potential head start for an investor compared with acquiring undeveloped land and commencing an entirely new construction project.
The combination of:
Direct beachfront position + substantial landholding + existing accommodation + established resort infrastructure + potential for additional units
makes Bela Vista an unusual proposition for investors seeking a tourism or residential development opportunity in Cabo Verde.
Current Condition
Bela Vista has been closed since 2020 and should therefore be regarded as a refurbishment/redevelopment project rather than a turnkey operating hotel.
The vendor has provided recent photographs specifically to illustrate the current condition and ensure prospective purchasers are aware of the works required.
This provides an opportunity for a purchaser to acquire the property at its current stage and create a new concept appropriate to the future market, rather than being constrained by an existing operational model.
Price
€1,250,000
Investment Summary
A rare opportunity to acquire an established beachfront hotel complex occupying approximately 15,000 m² in one of the most attractive coastal locations on the island of Maio.
Bela Vista enjoys a first-line beachfront position with approximately 100 metres of beach frontage, offering uninterrupted coastal views, exceptional privacy and significant potential for redevelopment or refurbishment.
The property is being offered at €1,250,000.
The Opportunity
Bela Vista was previously operated as a hotel/resort and comprises approximately 22 existing accommodation units, together with reception facilities, restaurant, bar, swimming pools, tennis court and associated communal areas.
The property has been closed since 2020 and consequently requires refurbishment and recommissioning. The vendor advises that works are likely to include general cleaning, painting, landscaping/gardening and re-establishment of the electricity supply, together with the other works normally associated with bringing a previously operational resort back into use.
For an investor or developer, however, the current condition provides considerable flexibility.
The property could potentially be:
- Refurbished and reopened as a boutique hotel or resort
- Renovated and repositioned as a higher-end tourism development
- Redeveloped as a residential or holiday-home scheme
- Demolished and comprehensively redeveloped, subject to the necessary planning and development approvals
- Or developed incrementally, retaining and improving elements of the existing accommodation while adding further units
According to the vendor, the Bela Vista site is approximately 1.5 hectares, with development conditions allowing approximately 60% building potential, subject to a density limitation of 45 units per hectare.
On that basis, the vendor estimates potential for approximately 67–68 units, compared with approximately 22 units currently constructed.
There is also a substantial approximately 5,000 m² parking/open area behind the existing accommodation which, according to the vendor, could provide an opportunity for additional development, subject to planning.
The vendor also highlights the site's position within a larger planned beachfront development area. The supplied plan shows Bela Vista situated within a wider planned area incorporating plots intended for hotels and apartments.
All development figures and planning potential should, of course, be regarded as subject to verification and the relevant Cape Verde planning and regulatory approvals.
An Exceptional Beachfront Setting
The location is arguably the property's greatest asset.
Bela Vista occupies a wide, open beachfront setting with extensive sandy beaches immediately in front of the property. The supplied photographs demonstrate the scale of the beach, the low-density character of the surrounding area and the property's direct relationship with the Atlantic coastline.
The west-facing position also provides afternoon and sunset exposure, while the vendor advises that, in clear conditions, views towards the island of Santiago/Praia can be enjoyed across the water.
6Existing Resort Infrastructure
The acquisition includes the Bela Vista site and the existing facilities situated upon it, including:
- Approximately 22 existing accommodation units/bungalows
- Reception
- Restaurant
- Bar
- Swimming pools
- Tennis court
- Communal areas
- Existing access and landscaping
- The wider approximately 15,000 m² Bela Vista site
Why Bela Vista?
The asking price of €1.25 million represents an opportunity to acquire a sizeable beachfront site together with an existing tourism complex and significant scope for repositioning.
The vendor's view is that the underlying beachfront land value is a significant component of the opportunity, while the existing buildings and infrastructure provide a potential head start for an investor compared with acquiring undeveloped land and commencing an entirely new construction project.
The combination of:
Direct beachfront position + substantial landholding + existing accommodation + established resort infrastructure + potential for additional units
makes Bela Vista an unusual proposition for investors seeking a tourism or residential development opportunity in Cabo Verde.
Current Condition
Bela Vista has been closed since 2020 and should therefore be regarded as a refurbishment/redevelopment project rather than a turnkey operating hotel.
The vendor has provided recent photographs specifically to illustrate the current condition and ensure prospective purchasers are aware of the works required.
This provides an opportunity for a purchaser to acquire the property at its current stage and create a new concept appropriate to the future market, rather than being constrained by an existing operational model.
Price
€1,250,000
Investment Summary
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| Location | Bela Vista, Maio, Cabo Verde |
| Position | First-line beachfront |
| Beach frontage |
Brochures
Brochure 1Brochure 2Brochure 3Brochure 4Brochure 5Maio, Cape Verde
Notes
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