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Cape Verde 'popular with foreign investors'
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Cape Verde 'popular with foreign investors'

Article Date : Tuesday, November 20, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Overseas property investors are increasingly choosing to invest in the Cape Verde islands, according to experts.

Advice website BuyAssociation stated that the west African archipelago was becoming popular with people who were interested in new and emerging markets.

The country's good climate was highlighted as one of its major attractions, as the weather was similar to that in the Caribbean.

In addition, Cape Verde was said to be a good investment option because it was rapidly becoming more popular with international holidaymakers.

Paul Collins, overseas property editor at BuyAssocation, commented: "The area itself has opened up to tourists so there are now direct flight routes from the UK."

This follows the recent introduction of services between London's Stansted Airport and the country's capital Praia by Cape Verde's national airline TACV.

The airline said it decided to launch the flights in response to growing demand from tourists and second home owners.
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