January boom for Eden Island |07 February 2014

At a time of global economic uncertainty, Eden Island is bucking the trend and showing returns on investment which are way above the average.

For Eden Island Development Company, the start to 2014 is proving to be a time to remember, with record sales in the month of January of over US $12m and the honour of achieving three prestigious International Property Awards at a ceremony in Dubai.

“Both the sales volumes and the awards received confirm that we are offering an exceptional product,” said Peter Smith, marketing director for Eden Island.

The estate consists of 580 units and, with 460 sold to date, the remaining 120 units still available are expected to move fast taking into account the current levels of demand.

One of the most positive aspects has been the fact that existing owners continue to upgrade or buy second, third or more properties in the development.

“This is a really positive endorsement from the very people who have already invested,” Mr Smith said.

“In fact some 25% of the new homes on Eden Island are owned by homeowners who have upgraded or bought second or more properties,” he noted.

The properties themselves conform to the Creole architectural style of the area, with large verandas, high-pitched red roofs and simple lines.

“It is truly unique,” Mr Smith said. “The central location means that residents have easy access to Victoria and a variety of facilities available in Seychelles as well as having everything they need on the estate itself.”

No wonder then, that Eden Island was so highly commended recently at the International Property Awards, Arabia and Africa 2013/4 held in Dubai. At the ceremony the development was named as the Best Development: Multiple Units in Seychelles and also Best Development Multiple Units for Africa as a whole.

Eden Island also received a Highly Commended accolade in the Development Marketing category.

At the ceremony, Eden Island was congratulated for its careful attention to detail built on many years of research into geotechnical, marine, architecture and into its target markets.

The high standard of landscaping was also praised, with the organisers commenting that all the plants flourishing on the island today were grown in its very own nursery.