Cape Verde Islands

Hello all

Has any buyer on PB been informed of a date for signing with the Notary.
Something is not right here as the first properties were completed in March. Any news?

Mary

Hi Mary
I think you have been waiting 5 and a half years for completion so far. Your patience deserves complete honesty and up to date information from Paradise Beach. I am sure if you contact their office on 00238 9991939 or even call Laura Power on her mobile on 00238 9991939 she will give you the latest info.

Savannah

Have you heard something? There are rumours on the island about a legal problem.

Al

We have received completion package and our Notary date is booked for
middle of OCT by P/b in the courts.this is south side phase 1

We have finally completed on our appartment....it has taken a long long time.

Really looking forward to going back to CV when the furniture is installed.

Long term plan is still on track...just taking longer than anticipated!![:)]

Closing on 11 th phase 4,

With the Notary signing we also have to sign into the Resort
Managment contract at the same time.
Are you happy with the details in that contract, and the costs involved for the managment of P/B/ on our behalf, which are payable from signing date.Did your lawyer advise you before signing this.

Hi
Im going to sal next week to sign for my 2 bed apartment in block 5 if anyone is over next week maybe we could meet up.i will also take photos and upload them,i am looking forward to seeing the whole development.What have you been told the management fees will be.i want to make sure we are all being charged the right fees.
Regards Tony

We have a copy of the Resort Management contract, had to actually request it, to see if we wanted to sign it.and agree to the rules and regs
Have delayed Notary while awaiting Clarification on some points.
No ,there are no charges on the contract copy we have hence not signed ,as still awaiting more info plus costs etc/.
Lawyer has been dealing with this for the last 3 weeks.
hope to have some clarification soon.......then we can move forward ,hopefully......

Hi
Just got back from a week in sal,were i have just signed for my 2 bed apartment on pb.Its the first time i have been to the island and must say i was very impressed with what i have seen.It was very stright forward with opening bank accounts and paying the stamp duty and other fees,although i did not sign at the notry until the day i flew home which was cutting it alittle bit to fine for my liking.I also had great help from Tracey at pb.she was very helpful and was always there in person or at the end of the phone if i needed help.she even drove me to the notry to sign the deeds at the 11th hour.If anyone is going over to sign themselfs i would make sure i speak to tracey she will give you all the advice you need.I bought my furniture pack from sammuel homes.although my pack does not sail till today i did see the show home,and again must say i was impressed with the furniture when i saw it in situ.It really helped that geoff and his wife are now living in one of the apartments on site.they could not of been more helpful,they even helped me set up my new bank accounts by taking me to see the bank manager of bes which is located at the front of villa verde.I would recommend anyone who has not got there pack yet to give geoff a call you wont be dissapointed with the quality of the furniture or the sales service.I came away from my holiday very pleased with what pb has to offer and how far it has come on in the last 12 months.Hotel starts after christmas,phase one will be completed in a couple of months,supermarket opens onsite around march and phase 2 starts after christmas.i think in the next 2 years it will turn out to be a really good investment for all of us.also the weather helps really warm with very few clouds and great beaches.[8D]

Hi Golder - I'm currently reviewing the PB Resort Management Agreeement. Did you get the necessary clarifications you were seeking? Were there any changes you requested and, if so, were these addressed to your satisfaction before signing?

I am looking to understand if the PB Resort Management Fees are comparible to other Resorts (i.e. Tortuga / VV etc)as they appear high to me. Can anyone shed any light on this ?

Regards,
Corky

1 bed on vila verde approx €1500 per year.
What are paradise beach proposing?

Peter,

PB is expected to be €1440 for 2bed. There are no 1 bedroom apts that I am aware of.

Thanks,
Corky