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About this 3 - Detached |
Completion Date November 2008
Take Advantage of Our 5% Discount on Pre-Launch 50% Sold
The Gambia
With one of the most stable governments in Africa, The Gambia has seen dramatic improvements to the country over the last 13 years. Tourism has been increasing at a rate much higher than the global average.
Fantastic Winter Sun - over 30°C every month
Under 6 hours flying time - be at the pool by late afternoon
Same time zone so no jet lag
Wonderful un-crowded beaches
Unspoilt and non-commercialised
Friendly people and interesting culture
River, bush and beach excursions
Spectacular bird life
Holiday makers return again and again
Value for money
Low cost of living
Excellent rental returns
Brufut Sunsets
These high specification beach-front properties in Brufut Heights offer some of the finest residential ocean views in the Gambia. Your new residence is a stones throw to the beach and a short walk to shops and the Gambia’s finest 5 star £25M Million Sheraton Hotel offering restaurants, spas and other luxury amenities. Brufut Heights is destined to be the site of some of Gambia’s most exclusive homes.
Rental Income
House prices have risen 30% in the last year in the Gambia, and there are net rental income returns of over 10% of the value of the property. Brufut Sunset rentals are envisaged to be in excess of £1000 per month for long term let, and over £700 per week for a holiday let.
Managed Services
24 hour manned security, Landscape
maintenance, Swimming pool cleaning/
service, Wifi Internet access, Electricity
and water.
Villas
220m2 of living space including 30m2 of patio and 60m2 of roof terrace.
Apartments
1 bedroom Apartment 62m2 of living space including 12m2 balcony
2 bedroom Apartments 120m2 of living space including 18m2 balcony
Buying off-plan
There are in fact a number of promising advantages about buying new build property, not least because everything is usually up to a very high technical standard and you know that everything is going to work with the peace of mind that no expensive refurbishment bills will crop up for a number of years.
When a new property is built it will come with a building insurance certificate, which means that any structural defects in the first 10 years are covered and paid for by the insurance company. If you like the idea of a brand new property where you can choose the décor before it is built and don’t mind waiting a year for the property to be built then buying off-plan could be the way to go. With property prices rising by 30% p.a. it is likely to be worth more than you paid once they have been completed. Ease of rental makes them a good investment.
All properties will have access to the communal pool and relaxing area. The villas have their own private pool. The site will have direct access to the beach via a shared pathway and steps. There will be external LED path lighting within the site.
Maintenance
All garden, pools and driveway maintenance as well as internal cleaning and broadband wifi access will be covered by a shared service contract.
Warranty
10 year warranty on building construction and 3 year warranty on Solar installations will be given on completion Offset your carbon emissions from your flight to the sun by ensuring that your property in the Gambia is carbon neutral, by selecting the Solar upgrade to your property.
All Solar installations will provide up to 10Kw per day of 220v electricity, and will utilize highly efficient electric appliances and control systems to ensure that your luxury living is treating the environment respectfully. If there is any extraordinary demand for additional power then the solar controller will automatically boost the electricity demand using the Brufut Sunsets generator or main grid. Low power bulbs, LED lighting, intelligent control systems and efficient refrigeration is included in the upgrade to ensure that your new home is self-sufficient and based on renewal energy from the sun.
Apartments
1 Bed Ground Floor £69,950
2 Bed Ground Floor £89,950
2 Bed 1st Floor £99,950 Reserved
2 Bed 1st Floor £99,950
2 Bed 2nd Floor £109,950 Sold
2 Bed 2nd Floor £109,950
Villa
South Side £149,950 Reserved
North Side £149,950 Sold
Payment Options
Option 1 Pre-Launch with 5% Discount
5% Reservation
25% On Pre-Contract
25% On Foundations
25% On Roof Level
20% On Completion
Option 2 (10% Discount)
5% Reservation
90% On Pre-Contract
5% On Completion
Service Contract
Service for Pool, Garden, security, cleaning and Internet access
£100
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| City/Town: |
Brufut Heights Beachfront |
| Address of Property: |
Brufut Heights |
| Postcode/Zip: |
W1F 7EZ [map] |
| Bedrooms: |
3 |
| Reception Rooms: |
1 |
| Bathrooms: |
2 |
| Type of Property: |
Detached |
| Price: |
GBP 89000.00 [convert] |
Features |
| Central Heating: |
Solar |
| Burglar Alarm: |
Yes |
| Parking Facilities: |
Off Street |
| Gardens: |
Front & Rear |
| Double Glazed: |
Yes |
| Near Shops: |
Yes |
| Near School : |
Yes |
| Loft: |
|
| Utility Room: |
|
| Patio: |
Yes |
Extra Features |
| Air Conditioning, Deck, Hardwood, Laminate, Range, Cooker, Dishwasher, Washing machine |
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Area Information |
| Africa investment destination for the 21st century “The Big Picture”
Investing in Tomorrows Markets Today
Bankers gathered in Shanghai in May of this year for the annual meeting of the African Development Bank, confidence is high that the past four years of above trend economic growth has triggered a strong interest from Lodon based equity and fund managers. Convinced that the continents dominant economies are turning a corner funds listed on AIM, mutual funds, private equity and hedge funds are pouring in to the Africa.
To put things into perspective, the U.K. & America is falling behind the competition when it comes to investing in the continent. China, India, Russia and much of the Islamic world are already there. In July 2006, for example, Beijing used $US5 billion from its reserves to form the Africa Development Fund to develop the continent’s oil and mineral resources.
Looking at the turmoil in the markets last week, one wonders if China isn’t on to something when it comes to weighing up the relative risk of politically unstable Africa versus intangible, complex financial securities and derivatives.
Chinese, Indian & Russian demand for natural resources has helped fuel a boom in commodities which Africa has in large supply & the promise of a massive programme of investment in infrastructure.
Africa's fringe position in the global economy is contributeing to it's appeal. The correlation between African equity markets & other regions is low, offering opportunities to reduce portfolio risks at a time of global volatility profits generated by commodities are causeing sustainable growth in Africa. Private equity is attracting international investors to Africa like never before, with fund after fund being launched in London to look beyond South Africa.
"We don't have to invest in Africa, and we wouldn't have invested in certain African local-currency markets without an improvement in policies over the past few years," said William Ledward, who manages a $3 billion emerging-market fixed-income fund for Franklin Templeton Investments.
Nkosana Moyo, who is partner for Africa at Actis, a British private equity firm that invests in emerging markets, said he plans to raise a new $500 million fund for Africa in the next year.
Moyo said Actis, as an investor with a 10-year horizon, was excited by Africa's opportunities because the continent's new generation of leaders was more at ease with open global markets; the continent, moreover, was home to 20 percent of the world's proven reserves of oil and gas.
In August a £650 Million Pan African fund was launched by Pamodzi Investment Holdings. Since January 2007 there has been more than £1 Billion raised in London by private equity funds for Africa,since June 2007 3 African funds have raised £200 Million & listed on both AIM & LSE.
Two years ago there was just 2 African funds on the London markets, today there are more than a dozen
7 out the the worlds 20 fastest growing world economies are in Africa 6 out of the top 10 performing economies in Africa are in West Africa. Africa's overall GDP growth has exceeded global growth
Wall of Money
Arnold Ekpe, chief executive of the Ecobank Group, said the wall of money coming into Africa reflected both genuine reforms and a global hunt for higher yields.
"Frankly, some of the numbers we're looking at, I haven't seen that in 30 years of banking in Africa," Ekpe said.
Alex Garrard, a UBS managing director responsible for the bank's proprietary and customer trading in exotic fixed-income securities, said he had witnessed a sea change in the last 6 to 9 months in the willingness to invest for the long term in Africa.
Stuart Culverhouse, chief economist at Exotix, said foreign direct investment accounted for virtually all the $12 billion in private capital flows into sub-Saharan Africa, excluding South Africa, in 2005.
Investments in Africa afford low entry levels allowing average investors to take advantage of great returns in a relatively short period of time. Africa, as a whole, is the last undervalued marketplace. With its obvious wealth in natural resources and farmlands, an Africa without bloodshed and disease could be a superior source of commodities for the foreseeable future. These markets, with the exception of South Africa, now sell at bargain basement prices.
Top Six Fasting Growing Economies in West Africa
1. Libera 13.3%
2. Equatorial Guinea 7.1%
3. Gambia 7.0%
4. Burkino Faso 6.5%
5. Serria Leone 6.5%
6. Cape Verde 6.5%
* Sourse IMF
Gambia Holiday News U.K. was built on a commitment to superior service, honesty, integrity and the value of investing in Gambian property and land.
We only work with reputable, proven and qualified solicitors and developers, we are a friendly yet professional team. All you need to do is choose your perfect plot or property and we will then automatically have a Gambian lawyer check title documents for any misrepresentation or anomalies. Once ownership, location, size and usage are determined a 10% deposit is paid into a fully refundable escrow account in the U.K. The contract is prepared searches are done with the land registry and then the balance is paid.
In our experience, this is the only way that we can protect your investment and guarantee that your ownership is secure. We give no false promises, all properties have been vetted, all sales are done via a lawyer, funds are sent via a bank in the U.K., all * funds are held in an escrow account which gives you a secure and stress free buying experience, that's our commitment to you.
Once you've become our * our relationship is just beginning, we can help with finding surveyors, builders, craftsman, residency issues, immigration, starting a business and other related issues. |
Contact Information |
| Email Seller: |
Email Seller |
| Contact person: |
Ivor |
| Advertiser Type : |
Estate Agent |
| Phone: |
44 207 993 6149 |
| Sellers City, County : |
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| URL: |
www.gambia-holiday-news.co.uk |
| Map: |
View property location |
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Additional photos
View of Villas
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View of Flats
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View of Beach
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| Loan |
Typical APR |
| Moneyback Bank Loan |
7.8% |
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| Bank of Scotland Personal Loan (Semi-exclusive) |
8.6% |
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| Halifax Personal Loan (Semi-exclusive) |
8.6% |
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| Alliance & Leicester Personal Loan |
8.7% |
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