CV2040 is a landmark master-planned development comprising 42,000 residential units across the premier tourism islands of Sal and Boa Vista. The master plan includes studios, apartments, family homes and luxury villas, delivered over a 10–15 year phased program. Designed to combine world-class housing, hospitality, and digital finance, CV2040 offers institutional investors a unique opportunity to participate in one of the largest integrated developments in West Africa.
42.000 new T0, T1, T2, T3 apartments, 4 room family homes, 5 room villa's and 7 room villa's.
| Housing Type | % of Total | Total Units | Sal (30%) | Boa Vista (70%) |
|---|---|---|---|---|
| Studios (T0) | 10% | 4,200 | 1,260 | 2,940 |
| 1-Bedroom Apartments (T1) | 20% | 8,400 | 2,520 | 5,880 |
| 2-Bedroom Apartments (T2) | 25% | 10,500 | 3,150 | 7,350 |
| 3-Bedroom Apartments (T3) | 20% | 8,400 | 2,520 | 5,880 |
| 4-Bedroom Family Homes | 15% | 6,300 | 1,890 | 4,410 |
| 5-Bedroom Villas | 7% | 2,940 | 882 | 2,058 |
| 7-Bedroom Villas | 3% | 1,260 | 378 | 882 |
| Total | 100% | 42,000 | 12,600 | 29,400 |
| Housing Type | Average Built Area |
|---|---|
| Studio | 45 m² |
| 1-Bedroom Apartment | 70 m² |
| 2-Bedroom Apartment | 95 m² |
| 3-Bedroom Apartment | 130 m² |
| 4-Bedroom Family Home | 220 m² |
| 5-Bedroom Villa | 350 m² |
| 7-Bedroom Villa | 600 m² |
| Housing Type | Total m² |
|---|---|
| Studios | 189,000 |
| 1-Bedroom Apartments | 588,000 |
| 2-Bedroom Apartments | 997,500 |
| 3-Bedroom Apartments | 1,092,000 |
| 4-Bedroom Family Homes | 1,386,000 |
| 5-Bedroom Villas | 1,029,000 |
| 7-Bedroom Villas | 756,000 |
| Total Built Area | 6,037,500 m² |
These assumptions reflect quality finishes suitable for tourism-driven destinations and upscale international buyers.
| Housing Type | Estimated Cost (€) |
|---|---|
| Studios | 226,800,000 |
| 1-Bedroom Apartments | 705,600,000 |
| 2-Bedroom Apartments | 1,197,000,000 |
| 3-Bedroom Apartments | 1,310,400,000 |
| 4-Bedroom Family Homes | 1,663,200,000 |
| 5-Bedroom Villas | 1,646,400,000 |
| 7-Bedroom Villas | 1,209,600,000 |
| Total Direct Construction Cost | €7.96 billion |
Roads, water, sewage, power, telecom, landscaping, public amenities:
Architecture, engineering, permits, legal, project management, marketing, insurance:
| Island | Units | Estimated Cost (€) |
|---|---|---|
| Sal | 12,600 | 3.79 billion |
| Boa Vista | 29,400 | 8.84 billion |
| Total | 42,000 | 12.63 billion |
For a project of this scale across Sal and Boa Vista:
Interest during construction, contingencies, inflation reserves:
Based on the earlier island construction analysis:
| Housing Type | Price Range (€) | Midpoint Used (€) |
|---|---|---|
| T0 Studio | 190,000 – 225,000 | 207,500 |
| T1 Apartment | 230,000 – 255,000 | 242,500 |
| T2 Apartment | 260,000 – 325,000 | 292,500 |
| T3 Apartment | 330,000 – 365,000 | 347,500 |
| 4-Bedroom Family Home | 375,000 – 420,000 | 397,500 |
| 5-Bedroom Villa | 490,000 – 645,000 | 567,500 |
| 7-Bedroom Villa | 750,000 – 795,000 | 772,500 |
| Housing Type | Units | Midpoint Price (€) | Total Revenue (€) |
|---|---|---|---|
| T0 Studios | 4,200 | 207,500 | 871,500,000 |
| T1 Apartments | 8,400 | 242,500 | 2,037,000,000 |
| T2 Apartments | 10,500 | 292,500 | 3,071,250,000 |
| T3 Apartments | 8,400 | 347,500 | 2,919,000,000 |
| Family Homes | 6,300 | 397,500 | 2,504,250,000 |
| 5-Bedroom Villas | 2,940 | 567,500 | 1,668,450,000 |
| 7-Bedroom Villas | 1,260 | 772,500 | 973,350,000 |
| Total Gross Revenue | 42,000 | €14,045,800,000 |
| Metric | Amount (€) |
|---|---|
| Total Gross Revenue | 14,045,800,000 |
| Total Development Cost | 12,630,000,000 |
| Estimated Gross Profit | 1,415,800,000 |
This is a viable but relatively modest margin for a project of this scale and risk profile.
Using the low and high ends of your pricing ranges:
| Scenario | Total Revenue (€) |
|---|---|
| Low-End Pricing | 12.77 billion |
| Midpoint Pricing | 14.05 billion |
| High-End Pricing | 15.32 billion |
| Scenario | Estimated Profit (€) |
|---|---|
| Low-End Pricing | 0.14 billion |
| Midpoint Pricing | 1.42 billion |
| High-End Pricing | 2.69 billion |
Profitability is highly sensitive to:
"If you spin a globe and you look at every single continent. You look at the map and you see where the
beachfront locations are that are available for investment. Than the reality is there is nothing available
in the world, if you were to perform a P.E.S.T analysis. THERE IS NOTHING AVAILABLE IN THE
WORLD, THAT GIVES THE RATE OF RETURN THAT CAPE VERDE DOES RIGHT NOW.
Listen to me, it doesn't exist."
04:47, Robbert Jarrett, founder of The Resort Group
The optimized planning case assumes total development costs of approximately EUR 10.75 to 11.50 billion. Estimated gross revenue is EUR 15.5 to 16.5 billion, generating projected gross profit of EUR 4.0 to
5.75 billion. Projected ROI is 35% to 55% with a target project IRR of 18% to 25%.
Cape Verde offers political stability, year-round tourism and a strategic Atlantic location. CV2040 incorporates a TON-based token ecosystem and is expected to create substantial economic impact, jobsNand long-term investor value.
CV2040 combines institutional-grade real estate development, tourism expansion, and blockchain-enabled ecosystem innovation. With premium island locations, diversified revenue streams, and attractive projected returns, the project offers a compelling opportunity to participate in the long-term transformation of Cape Verde.
CV2040 combines institutional-grade real estate development, tourism expansion, and blockchain-enabled ecosystem innovation. With premium island locations, diversified revenue streams, and attractive projected returns, the project offers a compelling opportunity to participate in the long-term transformation of Cape Verde.
The average is elevated by the significant luxury villa component.
| Cost Category | Estimated Cost (€) |
|---|---|
| Direct Construction | 7.96 billion |
| Infrastructure | 1.59 billion |
| Soft Costs | 0.96 billion |
| Land Acquisition | 0.55 billion |
| Financing & Contingency | 1.57 billion |
| Total Development Cost | €12.63 billion |
Revenue and Profit IllustrationIf average selling prices generate approximately €17.7–€18.5 billion in gross revenue, indicative gross profit could be:
Development Timeline| Phase | Units | Estimated Investment |
|---|---|---|
| Phase 1 | 8,400 | €2.53 billion |
| Phase 2 | 12,600 | €3.79 billion |
| Phase 3 | 21,000 | €6.31 billion |
| Total | 42,000 | €12.63 billion |
GoalBuild 42,000 residential units on Sal and Boa Vista.
Budget approximately: €12.6 billion
This includes:
Project OutcomeThis estimate is conceptual and should be refined through market studies, architectural design, engineering, and contractor pricing before any investment decision is made.
CV2040 combines institutional-grade real estate development, tourism expansion, and blockchain-enabled ecosystem innovation. With premium island locations, diversified revenue streams, and attractive projected returns, the project offers a compelling opportunity to participate in the long-term transformation of Cape Verde.
