Why Invest In Cape Verde Property?
Billions of Euros of international investment has been invested into hotels, property resorts, golf resorts, marinas, water parks and commercial centres on the island. The main town of Santa Maria, once a salt miner’s village, has become the tourism centre of the island with an array of local bars, restaurants and shops to entice visitors.
- Sal is now a major tourist destination with tourism figures increasing all the time meaning high occupancy rates if you rent your property
- Tour operators are currently unable to meet the growing demand for high quality accommodation
- International airport with direct flights from Gatwick, Manchester and Birmingham, as well as across Europe and throughout the world
- Sal Island accounts for 69% of Cape Verde's property rental market
- Sal Island enjoys around 350 days of sunshine every year
- Just 30 km long by 12 km wide , the island has over eight kilometres of white sand beaches
It’s an emerging and growing market ideal for property investment overseas. The Cape Verdean government is protecting the island by enforcing strict development rules to prevent overcrowding and high rise buildings. In fact, tour operators are currently unable to meet the growing demand from tourists due to the shortage of high quality rental accommodation therefore increasing rental occupancy rates.
Sal Island, is at the heart of the property investment boom which surrounds Cape Verde. Its’ unique combination of climate, location, fast and convenient access and rapid development mean there’s never been a better opportunity to invest overseas for capital growth, rental income or resale.