Why Invest in Property in Cape Verde

Features & Benefits

Cape Verde presents an extensive range of features and benefits for property investors, making it easy to see why the location has become a highly sought after emerging market. The destination has been growing in popularity over recent years, offer ever increasing capital gains potentials for those who decide to enter the market in its early stages. The lessons learned by more established markets to avoid over development have been taken into account to offer the best possible returns on investments. The market has been established to provide constantly renewable options over a longer period of time, with build density restrictions that will also avid excessive use of the country’s limited resources.

The success rate of the market as it emerges has been developed in line with the establishment of the touristic market. All of the new developments being offered in Cape Verde are located within resort style complexes that have extensive services designed to be almost self sufficient within themselves. Cape Verde has attracted such a large touristic market in the past 12 months alone, that it is now considered to be one of the top destinations for visitors from the UK. The current hotel occupancy rates exceed 90% throughout the year, showing an immediate demand for new accommodation options.

Many visitors have expressed surprise at the limited numbers of flights operating to the islands and various flight companies have looked at opening new routes. At the present time, the viability of additional flights to Cape Verde is restricted by the number of hotels currently operating to accommodate an increase in visitors. These factors alone show a huge demand in the need for additional hotels and self-catering accommodation, which has in turn, created a great opportunity for buy-to-let investors.

The planning for the development and expansion of a touristic and real estate market in Cape Verde has been carefully thought out. New roads, expansions of airports and sea ports are currently being undertaken, with investors from around the world competing to obtain the contracts to finance and manage the operations. Cape Verde has historically being a major sea port for transport crossing the Atlantic due to its strategic location. The sea ports of several islands are suitably designed to accept cruise liners, the creation of up-market accommodation, and the mass exposure of the market as an ideal holiday destination show a larger than average potential for the future growth of the Cape Verde market for investment purposes.

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