Why Invest in Property in Cape Verde
1) Environment The Cape Verde Islands are rich in natural beauty, history and culture.
2) Weather - With average tropical temperatures of 26°C all year round, 12 hours of sunshine every day and a cool evening Atlantic breeze, the Cape Verde islands can boast the perfect climate, same as the Caribbean but without the hurricanes.
3) Variation The Cape Verde islands are made up of two very different types of island. The six westerly islands are mountainous and rugged, but, the other four have flatter landscapes with long beaches.
4) Political and economic stability Since 1975 the Cape Verde islands have been independent, The islands have proved to be very economically and politically stable with large sums of money being invested in the tourism industry. The Cape Verdean Escudo has also shown remarkable strength as the Escudo is linked to the Euro.
5) Travel A new second international airport in Santiago has been introduced and direct flights from the UK will soon be announced. The cape Verde islands also recently signed an Open Skies aviation deal with the US, meaning that flight times to the cape Verde islands will be only 45 minutes longer that to the canary islands. How about a Caribbean climate without the jet lag, sounds good to us too.
6) Prices You can buy a studio apartment for as little as 40,000, 2 bed apartments for 105,000 and 3 bed villas from 125,000. The Cape Verde islands are not just affordable they have an enormous potential for capital growth.
7) Rental Market With the expected increase annual tourism property will be in great demand. Therefore there will be a very sharp increase in the holiday rental market. There are several property management companies on the Cape Verde islands that work directly with tour operators, that can arrange rental, cleaning, etc. and all you have to do is watch the money go directly into your bank account.
8) Banking All major debit and credit cards are accepted in the Cape Verde islands and it is easy to setup bank accounts, obtain mortgages and receive a loan.
9) Health There are lots of public and private medical facilities and you do not require vaccinations to visit the island.
10) 80 100% mortgages available on most Cape Verde development projects.