One-bedroom apartment with pool in Sal Rei

A 40 m² 1-bedroom, 1-bathroom suite (including 8.1 m² enclosable terrace) on one of the upper floors of the White Hotel, 5 minutes from Estoril beach in Sal Rei, on Boa Vista, Cape Verde. Asking price is €77,000. Suites are available on the first, second, third and fourth floors.

Layout is a large double bedroom with bathroom and shower; the terrace is furnished and enclosable. The hotel includes a ground-floor restaurant and bar, plus a third-floor swimming pool with solarium, bar and gym with massage centre.

The source describes the property as sold under a Condo Hotel formula: suites are sold by notarised deed and the owner leases the suite back to the hotel manager for 10 years in exchange for a net 5% annual return guaranteed by a bank instrument from a leading institution. The owner retains use for two 15-day periods per year; routine maintenance and administration costs are covered by the manager.