Situated on the western tip of the island and looking out onto the expanse of the Atlantic ocean, Ponta do Pargo is ideally located to enjoy the dramatic scenery and sense of space that Madeira gained its reputation for.
Until recent years Ponta do Pargo in the rural district of Calheta wasn’t on the average visitor’s itinerary. Aside from the most adventurous hikers who ventured to the dramatic coasts to spot dolphins or witness the famous sunsets, the region was relatively unexplored.
With an international standard Sir Nick Faldo designed golf course under construction on the West facing cliff tops and huge government funded improvements to infrastructure, it is now tipped to be the fastest growing emerging region of the island.
Land on this part of the island has more than doubled in value since planning was agreed for the prolific golf course.
Our project compromises of plans to build 20 strategically placed villa plots on an area of land 17,519 metres squared. Sitting on a plateau overlooking the golf course the villas will be in a prime spot for the elite golfing crowd and thus will demand high prices for rental and sale.
Existing plans place each luxury contemporary villa on its own 750 square metre plot with private pool and gardens. When built each villa is estimated to be worth around €1.5 million giving the total project a worth of around €30 million.
This is clearly attractive to a developer who stands to make a substantial profit from the sale of the villas. It is even more attractive to us, the land owners and you, the investors, who stand to make unrivalled returns from becoming involved in the project at its inception.
Returns on the project could top 300% if sold with full planning permission which is expected in 2012.
All these ingredients add up to a low risk, short to medium term investment with phenomenal returns. This is a unique proposal in the current financial market where low risk generally means low return or longer term investment.
For more information please visit: www.acropolissgps.com
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