Profitable Developments, Inc. announced that it has signed a Letter of Intent for a resort property on the exclusive Sal Island in Cape Verde. The 5 Star resort is a high quality property boasting modern facilities and luxury amenities. Unlike most properties currently under development in this area, Profitable Developments has aligned itself with a property that is 'rent-ready'; where all of the units are completely finished and ready for occupancy and revenue generation.

Early stage development within the Cape Verde region means significant growth potential for 'First-Movers' in the area.