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South African Property » For Sale » Eastern Cape » Chintsa » 3 Bed Villa

3 Bed Villa in Chintsa


Location

South Africa
Eastern Cape
Chintsa

Price

€43,877

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Property ID: 292286












     
 

 Description

The Chintsa Bay Beach Club Investment Opportunity offers investors a zero risk investment with low deposits in a high capital growth area over an 18 month period. Based on current growth forecasts, we expect this opportunity to yield a profit of 118% (Source: ABSA Bank). The minimum amount that can be invested is €43,877. The exit strategies are clearly defined and full protection against loss of funds is in place.

Key Investment Features:

• High return, low risk
• Wholesale prices with low deposits
• Short term exit strategy – 18 months
• Fully protected against loss of funds
• Proven track record of developer
• Property secured investment plan
• Foreigner friendly investment environment
• Lands purchased outright by developers in 2005
• Full planning approval in place
• High capital appreciation
• Football World Cup in 2010 fuelling further growth

The Chintsa Bay Beach Club Investment Opportunity is exclusively available for a limited period of time and is secured on a limited number of units in the development.

The Development:

The Chintsa Bay Beach Club is situated 25kms north of East London in the Eastern Cape, South Africa. The 40 acre beach front site is about 40 minutes from East London airport on main carriageways and motorway. One kilometre north of the site the Inkwenkwezi Game Reserve has the Big Five wild animals and is a major tourist attraction.

The project comprises of 42 spacious detached houses and 55 apartments, an exclusive club with swimming pool, tennis and squash courts and clubhouse, all set in a gated community at the beach. The development is part of a successful joint planning application with the adjacent Chintsa River Golf Estate which consists of 650 houses, an 18 hole championship golf course, a Golf Academy and short course with training facilities, a 160 bedroom five star resort hotel, a substantial clubhouse of about 15,000 m2 with spacious conference and spa facilities, a retail area with a country store and restaurants, a Tennis and Squash Club, Equestrian Centre and Leisureland, a dream facility for children.

The rear of the site is 60 metres above sea level and the remainder of the land rolls gently down to the sea. This results in some outstanding views to the Indian Ocean, the river mouth and the golf estate in the distance. There are 180-degree sea views in many parts of the site due to the curvature of Chintsa Bay.

For further information please enquire and we will send you the detailed Investor Pack for this opportunity.

 
     
     
 

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