Cape Verde Property
Cape Verde is a group of 10 islands located off the West coast of Africa, East of Brazil and only one and a half hours on from the Canary Islands. This privileged location is also on the same line of latitude as the Caribbean and also makes Cape Verde the closest tropical Island to the UK.
Synonymous with white sandy beaches and crystal waters, year round temperatures of between 21 and 29 degrees Celsius, water temperatures of no cooler than 21 degrees, Cape Verde is truly an all year round holiday destination.
Direct flights from UK, South Africa, Italy, Portugal, Germany, the Netherlands and many more has contributed to a healthy tourist growth rate of 22%. With all this to offer, it has also recently been voted the top tourist destination of 2007 by Expedia.com.
The government have adopted a sensible approach to the property and development industry, enforcing laws to protect the islands from overexploitation whilst encouraging the foreign investment with attractive tax and incentive laws. The combination is expected to see Cape Verde sustain long term growth by maintaining a healthy balance between property supply and demand. Forecasts by leading economists are expected as 20% per annum capital growth and 7-8% rental returns.
Previously a Portuguese Colony, Cape Verde has the ambience of the Mediterranean, the scenery of Barbados and the convenience of the Canaries. Quaint fishing villages, beautiful beaches, interesting cuisine and a wide range of activities make Cape Verde simply perfect.
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If you would like to know more about buying Property in Cape Verde, use the links provided below:
Cape Verde Property Buying Guide >>
Cape Verde Property Investments >>
Cape Verde Property Area Guide >>