Cape Verde offers stable economy

Article Date : 03 March 2008

Cape Verde's economic stability could help make it a good place for overseas property investors to consider, an expert has suggested.

Simon Conn, sales and marketing director at Conti Financial Services, told the Independent that the status of the country's economy made it a "good bet" for foreign buyers.

Speaking to the newspaper, he added that its favourable performance was underpinned by its political stability.

This means that any investment in Cape Verde is likely to be much safer and more secure than in some other emerging property markets.

Mr Conn went on to praise other positive attributes of the country, such as its good weather.

He stated that year-round temperatures were - on average - more than three degrees warmer than those in Spain's Canary Islands.

This comes after the country was highlighted by TUI Travel as a particularly popular destination with British leisure travellers this year.

Cape Verde offers stable economy

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