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Closest
Tropical islands to Europe: the Cape Verde islands are
only 5.5 hours from the UK and a whole 4 hours nearer than the
Caribbean islands. However also unlike some of the Caribbean islands
the Cape Verde is unlikely to experience hurricanes.
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Tourist
Growth: Cape Verde is gaining a lot of exposure with many
tour and holiday operators and has been dubbed the Caribbean on
Europe’s door step. The National Statistics Institute (INE)
says that around 250,000 tourists arrived in 2006 – a 25%
increase over 2005 and estimated that tourist increased by 22% during
2007.
Among the many excellent leisure activities you can enjoy when visiting
Cape Verde like golf, nightlife (dining out,) it is the water sports
which are some of the most popular including sailing, scuba diving,
fishing, and surfing. |
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Low
Cost of Living: the price of food and other consumer
products are a fraction of the price of the equivalent in the UK and
now low cost airlines are flying direct form the UK.
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Young
Property Market: even though the prices of property have
been increasing over the last few years the Cape Verde property market
is still very new.
As the new tourism property developments currently
being built are completed and the infrastructure investments starts to
make a real impact on the number of visitors, residents, and economy
then the price of properties are predicted to increase dramatically and
the property market mature.
The government have predicted that tourist
visitor numbers should increase to 1 million by 2015; this is when the
property market should start to mature. |
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Government
Investment: the government having identified the growth of
tourism as a key strategy for sustainable economic growth created a
number of programmes through The National Development Plan 2001
– 2005 to improve the infrastructure of the Islands, mainly
transport, communications and health as well are other important
economic services like banking.
Tourism development: The infrastructure development and increased
awareness mean that the islands are becoming increasing popular with
holiday makers looking for a tropical holiday destination with our the
very long flight times to say the Caribbean and Thailand.
As soon
as Cape Verde becomes a mainstream holiday destination
the price of property here will almost certainly increase drastically.
Source:
Property Investor News. |
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Low
Property Prices: The price for luxury beach front
property in Cape Verde is a fraction of the price of most traditional
tropical islands like in the Caribbean and also less than the price of
properties in the traditional European destinations like France, Spain
and Portugal. |
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High
Growth in property values: Property prices in Cape Verde
have been steadily increasing for the past few years. And according to
experts this trend is predicted to continue at up-to 30% a year for
certain properties in the most desirable locations, like beach front
developments on the island of Sal.
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Good
Rental Potential: the excellent tropical climate with
year-long sunshine, average temperatures range from 24°C
(75°F) in January and February to 29°C (85°F)
in September, beautiful beaches, warm and friendly culture and awesome
island life is attracting many tourists meaning that good quality
residential tourism accommodation will have very good rental potential
all year round.
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Good
Possibility of EU membership: A debate is underway between
the European Union and the Cape Verde Government to discuss the
Possibility of some form of membership. If this does happen then the
value of properties could increase even further.
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Political
Stability: Cape Verde government is stable
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Natural
Beauty: breathtaking mountains and landscapes all wrapped
up in Fantastically beautiful beaches and coves, tranquil warm
turquoise waters with amazing marine life including the marine turtles
who live on Boa Vista Island which are a fantastic attraction you must
see if you get the chance. |
