Why Buy Property in Cape Verde?
The Cape Verde Islands are part of the Macaronesia, a grouping of four Atlantic archipelagos, which also include Portugals Azors, Mederia Islands and Spains Canary Islands. All 3 automatically joined the EU with Lisbon and Madrid, so there are strong possibilities of rapid inclusion to the EU.
Being at the very beginning of development, first time prices on the islands are at a low there has never been a more lucrative time to invest. There are predictions that property prices could appreciate in excess of 70% in the coming 24 months.
Cape Verde was voted 2nd in the top 20 locations in the world for the Islands beauty, paradise and exclusivity, well ahead of many of the worlds well known tropical destinations. With government backing for tourism and tax exemptions, this makes Cape Verde a must for investment and an opportunity not to be missed.
- 70% increase in property price expected over the next 24 months.
- New international Airport. Island of Sal / Espargos. With direct flights to the UK.
- Voted the 2nd best location to invest in the World.
- Mortgages 80% Loan to Value, 9% Variable, 11% fixed up to 20 years.
- Huge tourism growth potential
- Caribbean 10 years ago
- Closest Tropical Island to Europe
- Tax free ( No VAT )
- Paradise for Diving
- Low cost of living
- All year round weather min of 25.C
- Crystal Clear Water, White sandy beaches, perfect temperatures for swimming and sunbathing all year round
The Republic of Cape Verde is a group of ten islands, 400 km off the west coast of Africa. It was discovered in the 15th century by the Portuguese and given their independence in 1975. Cape Verde is the closest tropical island to Europe offering easy flight times from the UK of just 5½ hours.
There are two international airports in Cape Verde, Praia and Amilcar (on Sal Island) offering direct flights from Amsterdam, Paris, Lisbon, Las Palmas and trans Atlantic flights. Direct flights from the UK will start in November 2006.
The Islands are located in the same line and latitude as Barbados allowing summer weather all year round boasting an average temperature of around 25 degrees along with 10 - 12 hours of sunshine daily. Because the Islands are 3 degrees higher than that of the Canary Islands you have perfect temperatures for swimming and sunbathing all year round.
The Islands offer crystal clear waters, white sandy blue flag beaches, stunning mountain views and breathtaking tropical landscape. Ideal for marine lovers boasting mile upon mile of coral reefs, wreck diving, swimming with dolphins and turtles, whale watching and a collection of water sports. On land there are plenty of activities to keep yourself amused from great restaurants, bars, nightclubs, live musical events, yearly festivals and carnivals which visitors are recommended not to miss out on.
You can visit Cape Verde Property by joining us on an inspection trip to Cape Verde
If you would like more information about property in Cape Verde, please feel free to contact us.
