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Cape Verde is perfectly located as the islands are the nearest tropical islands to Europe, perfect for attracting many adventurous vacationers seeking grand adventures and to explore its white sand beaches and luxurious resorts.
If you are interested in Cape Verde property investment, than at the moment it is the time to sit up and really consider of this quickly emerging property market. In addition to year-round warm weather, tropical plantations and spectacular mountains, Cape Verde offers a low cost of living, which translates into affordable property prices and less expensive vacations for those looking for lower cost tropical holidays rather than the traditional island destinations like the Caribbean.
Let’s highlight some of the factors making this island country an attractive choice for the adventurous investor.
First, despite being in its early stages of economic development, Cape Verde already has massive potential for tourism industry growth. As well as a new international airport, with direct flights from many European countries, the island now has a good number of luxury resorts with world class golfing that are becoming an attractive destination for many golfing vacationers.
The exchange rate of Cape Verde currency is fixed to that of the Euro and it has a strong possibility of becoming part of the European Union in the future, ensuring the islands will take off as a tourist destination for Europeans looking for a nice relaxing break on a tropical island. All of these factors combined with a stable government make investing in Cape Verde properties an increasingly popular choice with a growing number of investors.
Thanks to the great range of new and luxury developments that are being build and opened all over the islands, in theshape of self sufficient resorts and resort style complexes, European visitors on the lookout for luxury are greatly surprised by the full service accommodations available. New infrastructure including roads & sea ports are being planned for the islands every day, making access to the islands easier for tourists and visitors. For investors looking for a low risk investment property in Cape Verde at one of these new resort locations like Tortuga & Dunas Beach Resorts on Sal island almost guarantee some return on the investment form rental income generated for holiday makers.
If you are considering a second home, vacation home, or simply a great exciting place to invest that has a very positive outlook in the property and tourism industry, Cape Verde property investment is a very attractive option you should consider.