Investing in Property in Cape Verde

Reasons to Invest

Increasing numbers of investors have started lookinginto the Cape Verde property market due to the fantastic rental return options the location presents. The market offers an ideal, new destination that has already shown its potential for capital gains appreciation to the earliest of investors. Now the initial development are under construction, with some relatively close to completion, the first wave of investors are seeing the rental potential that can be gained from the boom in the tourist market growth.

Developments are being presented with realistic capital gains figures that have attracted growing numbers of buyers to the market. Many investors have been weary of emerging markets in recent years that have been promoted with outrageous potential growth figures. Realistically only a tiny minority of buyers have been able to realise these figures, often by those with extensive experience in overseas property markets and financial stability to weather any potential losses.

Cape Verde was initially treated with caution by new and buy-to-let investors, many having never heard of the destination. The development and subsequent boom in the touristic industry has assisted with the growing interest in the market, turning the Cape Verde into a sought after investment location in recent times.

Mid to long term investment plans are considered to be the most viable options for the Cape Verde market. Short term investment options are also a possibility, although a greater risk is associated with plans for immediate re-sale of units due to the current world economic situation. Many investors into the Cape Verde market are attracted to the realistic rental potential the location presents, with an accumulation of capital growth greater realised once finalising any guaranteed rental return schemes.

The mid to long term of the investment period is also predicted to coincide with greater awareness of the location, cheaper and more extensive flight connections, increased demand and less appearance of a building site type of scenery. Investors looking for a fresh, new real estate opportunity are sure to find Cape Verde as an interesting market.

• High capital growth and rental potential
• Expansion and upgrading of Sal Island’s Almicar International Airport
• Planned PGA golf courses
• Strict building regulations ensuring capital growth and protection from over-development
• Daily direct flights from Lisbon and weekly flights from the UK
• Considered to be the Carnival Capital of Africa with an abundance of lively entertainment
• Low cost of living
• New marinas being developed on Sal Island
• No VAT charged on property purchases
• High demand for rental accommodation
• Local currency is tied to the Euro
• Democratic, peaceful government encouraging international investments

More Info: Features & Benefits   |   Past, Present & Future   |   Home