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CAPE VERDE | Country Overview | About | Property | Investment in Cape Verde
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Cape Verde Overview | Property in Cape Verde
Not many relatively unknown destinations have the good fortune to be voted, the 12th most desirable location to invest in, by the UK Channel 4 programme "20 best places to buy in the sun" - welcome to Cape Verde.
Located in the Atlantic Ocean off the coast of Senegal, western Africa, Cape Verde comprises a total 10 islands and 8 islets.
As a former Portuguese colony, independent since 1975, the country is heavily influenced by western culture, predominantly Catholic and has stable politic history. Located just off the coast of West Africa, a direct flight from the UK to Cape Verde International Airport on the island of Sal is a comfortable five and a half hours flight. There is another international airport planned for the larger island of Praia'. These are the closest tropical islands to Europe, heralded as the new Canaries but with the advantage ninety nine percent guaranteed year round temperatures of 25 to 30 degrees tempered with cooling sea breezes.
As a tropical island destination, Cape Verde cannot be beaten. Offering crystal clear water, Blue Flag awarded fine sandy beaches, dramatic mountains and a picture postcard landscape. The warm African waters are host to miles of spectacular coral reefs and present fantastic opportunities for shipwreck diving, swimming with dolphins and turtles, whale watching as well as the more usual array of water sport activities. It is after dark that the islands really come alive. A variety of great entertainment including good quality restaurants, bars, nightclubs, live musical events, festivals and carnivals - some to suit every taste and pocket.
Having recognised the importance of foreign investment and tourism the government has allocated vast sums of money for improvements to the infrastructure and amenities, with a further 2.5 million euros allotted for the development of a top international golf tourism destination.
For those running ahead of the pack, property prices are currently on a par with Eastern Europe but with added benefits of a tropical climate. This is a real opportunity to own a piece of tomorrow's real holiday property, at today's price. You really can have the best of both worlds.
Why buy Property in Cape Verde?
- 70% increase in property prices expected over the next 24 months
- Huge tourism growth potential
- New International Airport. Island of Sal / Espargos.
- Caribbean 10 years ago
- Closest tropical island to Europe
- Crystal clear water, white sandy beaches
- Paradise for diving
- Low cost of living, Tax free (No VAT)
- Voted the second best location to invest in the world
- All year round weather minimum of 25.C
- Perfect temperatures for swimming and sunbathing all year round
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