Cape Verde 'a good place for investment'

Article Date : 28 November 2007

British property investors who want to take advantage of "the next big thing" may be wise to explore opportunities in Cape Verde, it has been suggested.

Tim Foster, international mortgage adviser for Conti Financial Services, said that the property market in the former Portuguese colony is expected to "really take off" in the near future.

He said that "there is a lot of potential for capital growth" in the islands, explaining: "People are always looking for the next big thing and Cape Verde is certainly the name on everybody's lips."

The "potential for capital growth" in Cape Verde is currently high if you buy off-plan, Mr Foster suggested, adding that "now is a very good time to buy" and take advantage of such deals.

In October, Stansted Airport started operating flights to Cape Verde because of its growing appeal to tourists.

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Cape Verde 'a good place for investment'

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