Sal, Cape Verde

We present a real estate investment opportunity in Santa Maria, Sal Island: a building with a total area of 184.05 m² distributed across multiple floors, offering potential for residential use, long-term rental, or tourism-related operations.
The property's current layout allows the investor to utilize existing spaces while also completing units that are still under construction, thereby creating new opportunities for generating returns.

PROPERTY FEATURES
The building is constructed using stone, mortar, and concrete blocks, featuring a reinforced concrete roof, and is organized as follows:

Ground Floor

Living/sitting room;
6 bedrooms;
Kitchen;
Dining room;
Bathroom;
Backyard/patio.

1st Floor — 3-Bedroom Apartment (T3)

3 bedrooms;
Living room;
Kitchen;
2 bathrooms.

2nd Floor and Attic

Space designated for two 1-bedroom apartments (T1), currently unfinished;
Potential to complete and adapt these areas for future residential use or tourism operations, subject to applicable technical and legal requirements.
INVESTMENT POTENTIAL

The building's size and layout allow for various utilization and monetization strategies, namely:

Long-term rental;
Tourist accommodation, subject to meeting applicable requirements;
Independent operation of the different units;
Completion of the one-bedroom (T1) apartments for subsequent use or sale;
Comprehensive renovation and value enhancement of the property.

Completing the currently unfinished areas could increase the number of functional units within the building, creating new revenue opportunities for the future owner.

LOCATION — SANTA MARIA, SAL ISLAND

The property is located in Santa Maria, Sal Island—one of Cape Verde's key tourist destinations—offering a wide range of services, shops, restaurants, and accommodation options.

The building's location and layout make it an ideal choice for investors seeking a property with potential for renovation, development, and the operation of multiple units.

PROPERTY INFORMATION

Type: Urban Building
Area: 184.05 m²
Location: Santa Maria, Sal Island
Layout: Ground floor + 1st floor + 2nd floor/attic
Potential: Residential use, rental, and tourism operations
Sale price: €350,000

A DEVELOPMENT OPPORTUNITY

The *Azul* Urban Building features a layout that allows investors to explore various ways to utilize the property, including enhancing existing areas and completing units that are currently under construction.
Overseas Real Estate Cape Verde supports the entire acquisition process, providing clients with professional, personalized service from the initial property presentation through to the finalization of the transaction.
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