Tourism related real estate is a market segment in which TECNICIL aims to pursue a solid intervention both in terms of quality and investment. In order to take advantage of the tourism potential of the islands TECNICIL is required to position itself in such a way as to give a global perspective and dimension to the hospitality industry in Cape Verde . The existing demand requires a response from TECNICIL. An increasingly high quality product mix will be offered to the global market. A number of projects will be implemented over the coming years. High quality resort developments in prime locations are carefully designed and carried out on the Islands . Vila Verde Resort, on Sal Island , is just one example. This 45 hectares resort offers the market a product mix consisting of 90 villas, 200 townhouses, 940 apartments, leisure areas, entertainment facilities, commercial spaces and a fully infrastructured hotel plot. The total investment is estimated to be in the amount of Euros 150,000,000. To be located in Santa Maria , Sal Island , in an area of 45 hectares, the project, currently under development, shall be the first completely infra-structured urban project to be executed on this island . The privileged location of this complex, between the dunes' protection zone and the principal access roads to Santa Maria , constitutes one of the aspects to capitalize on in its conception and development. |