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 followed by an even better March where over US $15.5m of sales were concluded. Total sales to the end of April already exceed $31m.
These sales volumes confirm that Eden Island offers an exceptional product to the market. The estate consists of 583 units and with over 460 sold to date, the remaining 120 units 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. In fact some 25% of the new homes on Eden Island are owned by homeowners who have upgraded or bought second or more properties.
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. The central location means that residents have easy access to Victoria and a variety of facilities available in the Seychelles as well as having everything they need on the estate itself. Eden Island is truly a remarkable success story.
As reported in the last edition of Eden Island News, Eden Island won the prestigious international award as BEST DEVELOPMENT NEW UNITS for AFRICA and also for SEYCHELLES for 2013/4. In addition Eden Island won an award for its worldwide marketing efforts.
PETER SMITH
Director of Sales & Marketing, Eden Island Development Company (EIDC)