Investing in Cape Verde

The dramatic change in Cape Verde over the last 15 years is remarkable.

This section covers:

Why you should invest in Cape Verde
Investor incentives
More bang for your buck
Growing economy
New property market
Demand set to outstrip restricted supply
Rental returns
Thriving & growing tourism industry

Reasons Why You Should Invest in Cape Verde Property:

Low entry investment level
Expanding economy
Thriving and growing tourism industry
Excellent year-round rental potential
Competitive property prices, with steady and stable growth
Exceptionally low crime rate - appealing to tourist market
Year round sunshine - year round market
Strong appeal to UK, Eire, Europe and US tourists
Developer currently in negotiation with a leading global hotel chain, who would offer a range of comprehensive rental packages.
Direct flights from UK airports now available
Four hours closer than the Caribbean
Predicted growth at 20% p.a.
Under market value prices
Completion mortgages available in principle through leading Portuguese banks

Investor incentives

Currently the developer is offering several incentives on selected developments, to early investors:

Aircon installed free of charge
Furniture pack included free of charge
Free legal services
Discount on final payment with certain payment options

More Bang for Your Buck

Property prices in Cape Verde compare very favourably with other tourism markets. Currently prices on our developments are around 10% lower than other frontline developments and entry level prices are as low as €100,950.

Discounts are also offered for early settlement of stage payments making your investment even more profitable.

Cape Verde is enjoying significant capital growth, with even the most conservative assessments predicting a healthy 20% p.a. return on capital growth.

Growing economy

The thriving tourism industry is helping grow Cape Verde’s economy and the government is attracting inward investment to ensure that tourism continues to grow and thrive.

As the need for more services grow, the islands are attracting more workers (many, returning Cape Verdeans) who in turn need services and products for themselves. The agriculture and fisheries markets are also growing but currently make up just 15% of GDP.

The government is aiming for a steady, sustainable and controlled growth to the economy to ensure the islands' continued prosperity for the long term.

New Property Market

The emerging property market is completely new to Cape Verde so the government is able to start with a clean slate to ensure that the islands are not spoiled with either over development or unacceptable developments.

Cape verde has been able to look at other popular but overdeveloped tourism destination and learn from others mistakes...

The resultant quality, density and style of the developments is far superior to many other locations.

Demand Set to Outstrip Restricted Supply

Demand continues for Cape Verde properties, especially from investors, as this area is compared to the Canaries thirty years ago when that embryonic market was set to take off.

But unlike the Canaries, restrictions are in place to protect this beautiful part of the world and prevent the islands being over-developed.

With a finite opportunity to invest in Cape Verde property, this is definitely the time to take advantage of a top quality project in such a sought-after location.

Rental Returns

With more cheap flights available, Cape Verde is increasing in popularity as a holiday destination with consequent rise in demand for accommodation.

Alongside this, more holiday companies are adding Cape Verde to their portfolio and they also need accommodation to fulfill their demand.

The year round sunshine and good weather ensures a long rental season.

Aside from its many advantages as a holiday location, building on Cape Verde is is being limited to protect the islands.

Buying into these quality developments now will allow you to maximise your investment.

Thriving and Growing Tourism Industry

Over the last decade, the Cape Verde government has been working to develop the tourism industry with improved infrastructure, major improvements at Sal airport and Mindelo harbour, plans for additional airports on the other islands, new hotels and resorts being built, all helping to raise Cape Verde’s profile.

This investment is certainly paying dividends now as it’s poised to become one of the world’s top tourist destinations. Dubbed the European Caribbean, holiday makers are coming for the sandy beaches, warm seas, wonderful year-round weather and low cost without the hassle of long journeys or jet lag.

Getting to Cape Verde is getting much easier as more airlines are flying direct to meet the demands of Cape Verde’s growing popularity as a tourist destination.

You can be sure that when airlines open a new route, there’s good reason.

With a flying time of under 6 hours and being just one hour behind GMT (no problem with jet lag) getting to Cape Verde is so much easier than the Caribbean.