Buying a property in Cape Verde, the beautiful, unspoiled islands provides a new and exciting investment opportunity for property buyers who wish to maximise both capital growth and rental yields. Excellent all year weather, political stability, easy access to Europe with no jet lag, warm clear seas, stunning scenery and beautiful white sandy beaches make this an opportunity not to be missed.
Invest in Property Cape Verde has access to a comprehensive portfolio of investment property in Cape Verde. We work closely with the top developers and agents on the islands to bring you the latest off plan developments direct to you often at pre release prices. We have the very best Investment property in Cape Verde including property in Sal, and access to all other Cape Verde property for sale. We have an extensive range of studios, apartments and villas in the most popular areas for that great island property investment.
It is very widely believed that Cape Verde is currently on the brink of an economic boom. Heavy investment in tourism and increased foreign investment in property create a perfect environment for good returns on investment within this emerging market. With increased direct flight services to Cape Verde from Europe, the islands’ true potential as a mainstream holiday destination is clear to see.
The appeal of being Europe’s first Tropical, Africa-based tourist destination continues to draw increasing numbers of tourists to the islands each year (150,000 per annum 2004) and with increased infrastructure and accommodation available, these figures are expected to soar to 500,000 by 2015.
The popularity of Cape Verde is increasing rapidly as investors become aware of its unrivaled potential. If you are interested in the potential market growth in Cape Verde, we suggest you act fast as some of the best priced developments are now already 50% sold, while prices will begin to rise in the very near future. We offer inspection trips to Cape Verde so that members can see for themselves the great potential the islands have for holiday home and large scale property investors alike.
Why Invest in Property Cape Verde
- Cape Verde was featured on Channel 4’s “20 Best Places to Buy in the Sun”
- Tourist Development - The government has earmarked 4 islands for tourist development - Sal, Boa Vista, Santiago and Maio.
- Inexpensive place to buy a property
- Direct 5.5 hour flights from major UK airports from November 2006 and no jet lag due to only 1 hour time difference.
- Capital appreciation – the tourism and infrastructure developments mean the Cape Verde islands will become increasingly popular with holiday makers and investors.
- Rental income - the perfect all year climate of 25C with virtually no rainfall will allow for year long holiday rentals.
- Picturesque environment - beautiful white sandy beaches, clear turquoise warm water, breathtaking mountains, social and political stability and negligible crime.
- Holiday destination – Swimming, surfing, sailing, bird-watching, diving, fishing for marlin and tuna, hiking, mountain biking and golfing on one of the new courses being built.
- Political Stability – A functioning parliamentary political system (a system of free elections allows for the smooth transfer of power from one party to another). Absence of any ethnic, religious or political conflict.
- Telecommunications – Direct dial to most countries, mobile phone, pager, videotext, video conference and internet.
- Business Incentives – Exemption from corporate and complementary taxes on profits for 10 years, starting from the date operation begins; afterwards the maximum tax rate imposed will be 15%. Tax holiday on dividends and profits paid to shareholders for 10 years from the date operation begins. Life exemption from indirect taxes.
- 70% increase in property price expected over the next 24 months.
- 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 )
- Low cost of living
- Crystal Clear Water, White sandy beaches, perfect temperatures for swimming and sunbathing all year round
Investment property in Cape Verde is currently one of the best locations worldwide to purchase property when looking for a good ROI. With the information above its clear to see the potential of these islands and as soon as Cape Verde becomes a mainstream holiday destination the price of property here will almost certainly increase drastically.
Santiago island, which is situated in the Cape Verde Islands, just south of the Canaries is set to become the world's new luxury tourism destination.
With its all year round warmth and sunshine, the exotic Cape Verde Islands, is set to rival the Canaries tourism trade, thanks to the new international airport of Praia, which will begin operating direct flights from Europe in March. Flight times from London, Paris or Amsterdam, for instance will only be 5.5 hours.
"The opening of the new airport puts Santiago on course not only to become a popular tourist hub, but also to offer imaginative British property investors an excellent financial return, and a high-quality environment for their personal enjoyment", says Johnathan Grepne, Managing Director of a Cape Verde based development company."
Cape Verde offers fantastic opportunities for property speculation and land acquisition while prices remain low and an abundance of excellent locations still exists. The International Property Investment Network (IPIN) benefits from constant input from its land sourcing and investment experts in Cape Verde. Together we are able to assist all members, whether large or small scale investors, to source the most lucrative spots on the islands that will suit their requirements and create the best possible returns on investment
|
