Tourism growth 'boosting Cape Verde property'

Cape Verde's property sector is still booming despite the credit crunch, it has been stated.

Although other locations are struggling, the archipelago off the west coast of Africa is seeing continued growth because tourist numbers keep rising, Cape Verde Property has stated.

Managing director of the firm Adrian Lillywhite said that many flights from the UK are full as visitor numbers continue to increase, adding: "This in turn is having a positive effect on the island's property market".

He stated that a new EUR2.2 billion (GBP1.78 billion) resort on the island of Boa Vista is proof that investors remain confident in the archipelago.

The firm noted that visitor numbers to the islands rose by 15 per cent between 2004 and 2007.

British visitors have a particular affinity with the islands, Rough Guide to West Africa author Richard Trillo has said.

He commented that this comes from the familiarity Britons have with Portuguese culture from holidaying in locations like the Algarve.