Cape Verde 'offers strong returns on investment'

Article Date : 04 January 2008

Owners of holiday accommodation in Cape Verde are likely to get strong returns on their investment, according to an expert.

Paul Collins from the BuyAssociation website stated that the country's tourist trade was expanding and set to keep getting bigger.

This has prompted him to declare that it will be one of the best places for overseas property investors this year, as its popularity is boosting house prices.

Therefore, the future sale price of a residence could be considerably higher than the amount it was originally purchased for.

Mr Collins said: "Cape Verde's property market has seen some impressive growth over recent years."

He added that the country had a wide variety of leisure attractions, such as sporting facilities and good beaches.

Cape Verde was recently opened up to British consumers with the introduction of direct flights from London.

In October last year, TACV began offering services between capital city Praia and Stansted Airport.

Cape Verde 'offers strong returns on investment'

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