Construction Update 14

As reported in our last Construction Update, the first stage of construction at Tiara Tedju, Coladera and Tiara Cor di Mar– ground works and land modulating – is now finished. However, due to the complexity of the next stage, a new construction company will be contracted, and this process is temporarily postponing launch of the second phase of construction at Ponta Bicuda. We will, of course, let you know which company will be attributed with phase II of construction, the new launch date and all updates pertaining to Ponta Bicuda so remember to keep checking back with us right here.

Construction Update 13

We’ve completed the levelling and the platforms for both Tiara Tedju and Coladera! Cor di Mar is still being modulated and should be complete by the first week of January. The next steps are happening on the ocean front, where we have to build protections against the, sometimes sheer strength, of the sea. The tender for the concrete stage for all properties is due at the end of the current month and a decision is expected for December.

Yes. These have been a long time coming, but we think they are well worth it! If seeing is believing, you now know that Ponta Bicuda has already changed the landscape of Cidade da Praia for ever!

The Better Way to Live Praia

Finding your way to Ponta Bicuda, in cidade da Praia is now easier than ever. If you happen to be in Cape Verde and want more information on Ponta Bicuda, and happened to have missed the number; + 238 263 1035 . And should you be wondering what the billboards say; "The better way to live Praia - Ponta Bicuda".

Water = Vitality

A really unique photo opportunity grabbed, again by Helder Ribeiro, our Design Resorts man on site. Amazing pictures of Ponta Bicuda before and after a recent downpoor of rain on the archipelago of Cape Verde.

Construction Update 11

Somme great construction update pictures just in from Helder Riberio, our Design Resorts College who has just returned to Cape Verde. The first picture is Cor di Mar in July and the second is Cor di Mar in August.

Santiago Island, Cape Verde

For anyone planning their summer vacation getaway to Cape Verde this summer, we have posted a guide map with everything worthwhile doing and seeing on the island of Santiago where Cidade da Praia , the capital city of Cape Verde is located and where you can get the most in terms of history & culture, sports, Nature, restaurants & bars. For a closer view please click here.

Construction Update (10)

Are nt pictures worth a thousand words!? The first picture (before) was taken in January of this year, and the second picture (after), was sent to us earlier this month from Ponta Bicuda, Cape Verde.

Rental Returns and guarantees - Ponta Bicuda

I’ve had a very interesting evening last night with a friend who works for a European hotel powerhouse. We’ve used our time to discuss developments, returns and rental revenues in two different fronts; the hotel and the residential.
The hotel is simple and straightforward: the income depends on the hotel quality, on the capacity to generate revenues from tourism, business and city travel – the glass is most of the times half full with the sales to professional operators (tourist packages, meetings, symposiums and so on), creaming the milk for the other half with direct sales and more expensive channels.
The residential is a different issue: One can’t guarantee a steady income, as there are no professional structure to half fill the glass. It always depends on the local rental market for permanent residents and on the weekly rental for tourists, and the weekly rental depend on factors like cheap flights availability (on the hotel packages this is not an issue because the flight is part of the package and was previously negotiated for a cheap price), knowledge of the place and management quality.
I am glad we have the five star Tiara hotels on our Ponta Bicuda resort; otherwise it would be impossible to guarantee a steady income. I just don’t comment on the way some do it!

Construction Update (8)

So its true! The grass is greener at Ponta Bicuda! As you can see ground work continues steadily and with a closer look, the terrain is really beginnning to take form.

In an attempt to really communicate construction progress we have asked our double-duty on- site Project Manager and photographer extraordinaire to take pictures from precisely the same spot everytime so that we can monitor progress more specifically.

I.M.F. on Cape Verde

Mr Takatoshi Kato, Deputy Managing Director of the IMF issued a Press Release regarding Cape Verde’s growing economy that we just don’t think you should miss:
"Cape Verde's impressive economic performance in recent years reflects both prudent macroeconomic management, and economic reforms. Good policies have catalyzed investments and export growth, especially in the tourism sector—breaking past dependence on aid and remittances—leading to robust growth and moderate inflation.”

For more information you can read the full Press Release here

World Trade Organization

Cape Verde is the 153rd member of the WTO. Considering the voting system of WTO, it's amazing that a such a small country as Cape Verde (400,000 inhabitants) retains the same amount of power as a big country like Indonesia with 110,000,000 inhabitants.

What was already streamlined is now even easier: Investment and business are the winners!

New home

We want our readers to know that though our Blog has changed its name to http://luxury-second-homes.blogspot.com/ our whole hearted commitment to Ponta Bicuda, our projects and its investors remain. This is a reflection our own growth in the second homes market.
You can choose to read only Ponta Bicuda construction posts by clicking on the label Cape Verde Construction below each post, but we believe that you will find many other interesting posts to read here on "everything" second homes.