Property firm Cape Verde Development has announced a €2bn plan for a development in the archipelago off the coast of Senegal.

The company will bring the massive 425-hectare development, which is described as the "masterplan" of its proposals for the area, to the market next year.

Previously, it emerged that consumer champion Eddie Hobbs, who plugged a luxury development on Cape Verde, has two cousins who backed Cape Verde Development.

Founder and director of the company Tom Sheehy said yesterday that the new development would be the biggest on the company's CV.

While planning would allow for 30,000 units on the island of Sal, he said under 6,000 would be built in order to maintain a "five star standard" at the development. The units will range from villas of up to 700 sq mts to one-bedroom apartments.

The prices will range from €150,000 to €10m.

Along with the development will be two golf courses designed by Ernie Els, hotels, a marina and cheaper housing for locals, according to Mr Sheehy.

One-third of the development is owned by Cape Verde Development, including Mr Sheehy and another private client, while local partners and private investors make up the rest.

Falcon Holidays recently announced a new direct route to the archipelago from Dublin to the island of Sal.