select one of the 4 FAQs from the list below How can I arrange a site inspection tour Should I invest in emerging or established destinations? The Cape Verde Property market What is the current payment structure for buying with Sambala?

What is the current payment structure for buying with Sambala?

When buying with Sambala Developments we guide you through the process at every stage, advising and helping where necessary to ensure that everything runs smoothly and is a stress-free experience.

Sambala Developments run an experienced client service department that will advise on all aspects of the promissory contract and stage payments. We can also help in setting up overseas bank accounts on Santiago Island and take you through all the legal documentation, explaining what everything means. We aim to make what can be confusing, easy to understand for all our clients.

Clearly many buyers will use a lawyer and again we shall do all we can to assist your lawyer and deal quickly with any queries that are raised. If you wish us to give you the names of one or two lawyers with experience in Cape Verde, please let us know.

STEP 1
If you are interested in finding out more about Sambala Resort on Santiago Island, Cape Verde, we will invite you to a presentation at our offices at Cornbury Park in Oxfordshire.

If you are unable to attend, we will organise a one-to-one meeting so that we can present the investment opportunity, and you can ask us any questions.

If you would like to visit Santiago Island and the Sambala site, please feel free to contact Lauren on the office number (+44 (0) 1608 813160) for advice on travel and help arranging flights and accommodation.

STEP 2
If you would like to make a reservation, we will send you the reservation agreement to complete with your contact details including passport numbers for all buyers. We will also require you to send a fully refundable deposit (£2,000/€3000 for a townhouse or £3,380/€5000 for a villa). This deposit is refundable (should you change your mind) up to fourteen days after Sambala has received your reservation and this is offset against your first stage payment.

STEP 3
Once you have reserved your property and plot number our client services team will send out the promissory contract which will detail the buying process and the five stage payments.

Payment one - 30% on signing the promissory contract - 28 days from receiving the reservation fee.

Payment two - 20% on completion of infrastructure.
Payment three - 20% on completion of foundations.
Payment four - 20% on completion of walls and roof.
Payment five - 10% on completion.

Sambala will notify you at least 28 days prior to each stage payment.

STEP 4
If you decide to go ahead, you sign the contract and progress to completion. The Sambala Team will guide you through the contract and completion process, helping you with all the elements involved in making your purchase happen.

STEP 5
Sambala Developments Client Services department will organise your choices of six kitchens and four different turnkey furniture solutions during the buying process.

STEP 6
For the handover process, you will receive the necessary documentation to complete your purchase.

STEP 7
Once all the necessary paperwork is in place you can take possession of the property yourself or through an appointed Power of Attorney.

Find out more about the best investment opportunities in Cape Verde on Santiago Island.

With a huge increase in investment on Santiago Island and as more direct flights are added it would be prudent to secure your property in phase two of the development called Vivendas de Santiago in the Sambala Resort at the lowest possible price. Please contact Philip Watson and the Sambala Team on + 44 ( 0 ) 1608 813160 to discuss your requirements.

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