Murdeira Beach Investors Petition European Parliament – Press Release on May 24th 2015. The Group invested in 168 units via Cape Verde Development. The project was supposed to be completed by 31st Dec 2010. As of May 2015 there is nothing on the site except a few excavations.
A client of MRI Overseas Property has issued a press release looking for investors in the Cabonuba development on Sal, Cape Verde. It is intended to take a class action against MRI to recover funds invested in the project.
A meeting is to be held to form a buyers group for the Monte Gordo development in Cape Verde and to discuss a way forward with this stalled development sold by Tom Sheehy of Cape Verde Development in Clonakilty.