These stunning islands are being billed as the new canary islands for holidaymakers; with the market currently in it's early stages, investors can look to gain early entry at low prices but investment property in Cape Verde is set to boom.
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An in-depth look at property investment in Cape Verde and how these islands can offer the investment potential they do to property investors. Also, discover why now is the time to invest in Cape Verde.
The Cape Verde Islands are located on the west coast of Africa. Investment property in Cape Verde was recently featured on the UK Channel 4 TV’s programme, "A Place In The Sun", as the top property investment location of 2005/2006. Compared to many European destinations, property prices remain highly competitive in Cape Verde and this loction is growing increasingly popular with international property buyers as a wealth of investment potential here becomes more evident.
The Cape Verde investment strategy is based upon a promising emerging market. Cape Verde allows investors the enviable opportunity to purchase land and quality property in a prime location now, while prices remain very low. The islands are enjoying the advent of a huge tourist boom and this will have an inevitable impact on the value of all timely real estate investments in Cape Verde.
Below are some extracts from the "Property Investor News" showing property investment in Cape Verde is gaining popularity.
Investment property in Cape Verde is currently one of the best locations worldwide to purchase property when looking for a good ROI. With the information above its clear to see the potential of these islands and as soon as Cape Verde becomes a mainstream holiday destination the price of property here will almost certainly increase drastically.
Santiago island, which is situated in the Cape Verde Islands, just south of the Canaries is set to become the world's new luxury tourism destination.
With its all year round warmth and sunshine, the exotic Cape Verde Islands, is set to rival the Canaries tourism trade, thanks to the new international airport of Praia, which will begin operating direct flights from Europe in March. Flight times from London, Paris or Amsterdam, for instance will only be 5.5 hours.
"The opening of the new airport puts Santiago on course not only to become a popular tourist hub, but also to offer imaginative British property investors an excellent financial return, and a high-quality environment for their personal enjoyment", says Johnathan Grepne, Managing Director of a Cape Verde based development company."
It is very widely believed that Cape Verde is currently on the brink of an economic boom. Heavy investment in tourism and increased foreign investment in property create a perfect environment for good returns on investment within this emerging market. With increased direct flight services to Cape Verde from Europe, the islands’ true potential as a mainstream holiday destination is clear to see.
The appeal of being Europe’s first Tropical, Africa-based tourist destination continues to draw increasing numbers of tourists to the islands each year (150,000 per annum 2004) and with increased infrastructure and accommodation available, these figures are expected to soar to 500,000 by 2015
The popularity of Cape Verde is increasing rapidly as investors become aware of its unrivaled potential. If you are interested in the potential market growth in Cape Verde, we suggest you act fast as some of the best priced developments are now already 50% sold, while prices will begin to rise in the very near future. We offer inspection trips to Cape Verde so that members can see for themselves the great potential the islands have for holiday home and large scale property investors alike.
Interesting articles on property in Cape Verde and why Cape Verde off-plan development properties offer excellent returns on investment.
Cape Verde offers outstanding investment potential, find out more here.
Why off-plan purchase is such a good investment option to timely Cape Verde property investors.
Whether looking to buy to let or sell prior to completion, its important to know if this is the best strategy for your Cape Verde property.
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