about Cape Verde

The Cape Verde Islands, situated in the Atlantic Ocean 450kms off the coast of Senegal, are ranked amongst the 20 best places to buy for great beaches, fantastic surf and wonderful weather.

Investors in Cape Verde real estate can purchase beautiful beach front property at prices simply unobtainable in most other locations. To the home-buyer or buyers looking for a holiday home, Cape Verde (also called Cabo Verde/Cape Verdi) offers the ability to purchase luxury property that may otherwise be beyond their financial means, to the property investor Cape Verde property is a prospect like no other.

Discovered by the Portuguese the island culture is a vibrant combination of Portuguese and African. The islands are applying for membership to the EU and the government is developing the infrastructure, as a result Cape Verde is tipped to be an investors' paradise.

Since 1985, when a strong tourist industry was identified as critical to the region maintaining a stable, peaceful and growing economy; successive governments have put in place policies to improve Cape Verde’s tourist infrastructure. The results are a range of tax-friendly incentives to non-resident investors leading to a rise in overseas investment and property development. The construction of an International airport in the capital city Praia on Santiago island (due for completion in 2006); and the re-classification of the country from low-income to middle-income make the local population of 418,224 as friendly and hospitable as their economy.

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