WORKS:Maquetación 1
11/6/08
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e B i z g u i d e s C a p e Ve r d e
w w w. e b i z g u i d e s . c o m
PARADISE BEACH
SAMBALA DEVELOPMENTS
Sal
Mr Piran Johnson
Tel: +238-2622066
General Manager
Website: www.paradisebeach-development.com
C.P. 406C, Predio Verde Hilario, Praia, Santiago Tel: +238-2648000 Email: info@sambaladevelopments.com
Activity: Tourism
Website: www.sambaladevelopments.com Paradise Beach, on Sal Island, has become one of the most anticipated new tourism developments, generating
Activity: Property development and real estate
much interest from investors. Cape Verde Development launched Paradise Beach in 2005. As an Irish company
As one of the premier developers in the Cape Verde
backed mainly by Cork and Limerick businesspeople,
islands, Sambala owns some of the most attractive sites
Cape Verde Development has been popular among Irish
in the country and is responsible for constructing the pro-
investors interested in the islands. The company also
perties and administering the properties upon comple-
attributes this popularity to the idea that Cape Verde is
tion. This includes managing property rentals for inves-
similar to what Ireland was years ago: it is a recently inde-
tors and also bringing tourists to the resort. Through its
pendent, politically stable nation with a huge diaspora,
work with the government, Sambala has created an envi-
from Portugal to the north-eastern United States, and
ronmentally-friendly plan to encourage tourism to
rapid economic growth based on tourism.
Santiago, while respecting the island’s natural resources
Paradise Beach is 34 acres of white sand bordering a tur-
employing over 250 people locally.
and maintaining a high level of social responsibility and
quoise sea about 10 minutes from Sal international airport. By 2008, Cape Verde Development expects to have
Located on Santiago Island, north-east of the capital city
built 449 low-rise units, including apartments, duplex
of Praia, the company’s major project, Sambala Resort,
penthouses and villas.
will encompass 12 square kilometres and will include top-quality luxury amenities. The resort is the first
Communal facilities include a 32-suite four-star hotel,
government-approved tourism development in Cape
conference centre, swimming pools, tennis courts, wind-
Verde.
surfing, gym, restaurants, bars and 24-hour security. A German-owned health clinic has also opened nearby.
Sambala’s success has been quickly evident, with a com-
There is no golf course in the development but three are
plete sell-out of Sambala Village apartments in Spring
being built within proximity. In fact, considering Sal is just
2006. Properties in the development area of Vivendas de
30km long and 12km wide, nearly everything is nearby.
Santiago complement those in the Sambala Village, offering a commercial setting of restaurants, bars, offices,
Because drought has been a major problem for Cape
stores and recreational facilities with an impressive view
Verde, which gets its water by desalinating sea water, the
of the Ribeira de São Francisco.
development has its own back-up power generator and water desalination plant.
Within the next several years, Sambala plans to build a total of four tourism villages, which will be integrated
The company is in talks with an agency which will
into the resort, as well as development areas for private
arrange lettings for buyers, and is forecasting net returns
villas and townhouses, luxury hotels, a marina, and a 36-
of 5–6%.
hole world-class golf resort.
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