Building in Santa Maria – Investment Opportunity

Property type: Building
Offer type: For Sale
Floor: Various floors
m2: 470

Details and Location

🌴 Building for Sale in Santa Maria – Investment Opportunity | Sal Island, Cape Verde

If you are looking for a versatile real estate investment in Santa Maria, Sal Island, this entire building located in a central and strategic area represents a rare opportunity with strong potential.

With a total area of 470 m², the property is sold as a single block and offers multiple possibilities, from hospitality use (guesthouse or hostel concept) to mixed-use development including residential and commercial spaces.

Situated in the heart of Santa Maria, the property is just a 10-minute walk from the beautiful beach and only a few steps from the town center. Supermarkets are reachable within 5 minutes, and the proximity to the police station adds an additional level of convenience and security.

Currently, the property is closed due to family decisions.

Property Overview

The building is distributed over several levels, offering a well-structured layout ideal for both operational use and future redevelopment.

Ground Floor (167 m²)

A large common area currently used as luggage storage and service space. Thanks to its independent entrances, this level can be easily converted into two separate commercial units, making it ideal for shops, offices, or service-oriented businesses.

First & Second Floor – Residential Units

The property features 5 one-bedroom apartments (T1), all modified and distributed as independent one-bedroom units.

Each apartment includes:

▪️ 1 Bedroom
▪️ 1 Bathroom
▪️ Living area with kitchen
▪️ Private balcony
▪️ Independent layout

These units are well-suited for short-term rentals, long-term stays, or residential use.

Top Floor – Common Area & Terrace

The top floor consists of an additional common area currently used as a shared social and service space.

It includes:

▪️ Shared kitchen area
▪️ Dining / lounge space
▪️ Bathroom
▪️ Access to a common terrace
▪️ Relaxation area

This level is designed to create a social and functional environment, ideal for hospitality concepts.

✨ Property Features

▪️ Entire building sold as a single unit
▪️ 5 One-Bedroom Apartments (T1)
▪️ All units with private bathroom and balcony
▪️ Ground floor commercial potential (167 m²)
▪️ Common terrace and shared areas
▪️ Total area: 470 m²
▪️ Central location in Santa Maria
▪️ Walking distance to beach and town center
▪️ Property currently closed due to family decision
▪️ Existing operating license expired
▪️ Furniture not included in the sale, as it belongs to the former management

📌 Important Note

The photographs shown in this listing correspond to the period in which the property operated as a hostel / hospitality structure.

The current condition of the property may differ from what is represented in the images. Furthermore, all furniture, decorative elements and movable items visible in the photographs are not included in the sale, as they belong to the former management.

📄 License Status

The previous operating license is currently expired and will need to be renewed or reapplied for by the future owner depending on the intended use of the property.

Why Buy Property in Santa Maria?

Santa Maria is the most dynamic and in-demand area of Sal Island, known for its strong tourism sector, growing infrastructure and consistent demand for both residential and commercial properties.

Its central areas are particularly sought after due to their proximity to services, the beach and daily activity, ensuring liquidity and long-term investment potential.

Location & Lifestyle

📍 Santa Maria – Sal Island
Central location with excellent accessibility

🏪 Close to All Services
Shops, restaurants, supermarkets and daily amenities within walking distance

🏖️ Near the Beach
Just minutes from Santa Maria’s coastline

🌴 High-Demand Area
Strong interest for both residential and commercial use

Price, Purchase Costs & Legal Information

📐 Total Area: 470 m²
💰 Confidential Negotiation – Contact Us for More Information

The information contained in this listing is for illustrative purposes only and does not constitute a contractual element. The indicated conditions do not include the expenses necessary to complete the transaction, such as: agency commission, purchase tax (ITI), notarial deed and registration fees, any translation costs, special powers of attorney for sale or purchase, or the involvement of external professionals, which will be assessed according to the specific requirements of the case.

Contact Us

Don’t miss this opportunity to acquire an entire building with strong investment potential in one of the most active and strategic areas of Santa Maria.

Schedule a viewing or request more information today.

🌐 Website www.cabohouseproperty.com

📞 Phone (+238) 995 32 45

📧 Email info@cabohouseproperty.com