Choosing a Cape Verde Property Specialist for Your Property Investment Needs
Cape Verde is now known as the “new Canary Islands. It is made up of 9 islands and 8 islets. This area is still not very well known, but is quickly becoming a favorite alternative for those people that used to visit the Canary Islands. Studies show that it will be the next great vacation destination and as such Cape Verde is a great place for investors to take a look at. When trying to decide if Cape Verde is a good place to invest in property, it is probably wise to consult with a Cape Verde Property Specialist.
Why Invest in Cape Verde?
One very important factor when making a foreign investment is the stability of the country in which you are considering investing. Cape Verde gained independence from Portugal in 1975 and ever since then has proved that it is very economically stable. Their currency is associated with the Euro.
Cape Verde is truly beautiful; it has a wealth of natural beauty and tropical environment. Most islands have long sandy beaches with white sand and extremely blue water. They have a very temperate climate with temperatures at about 25 degrees Celsius and they have about 10 hours of sunshine every day. For some reason the islands have very little rain and are not prone to hurricane weather. Three of the Cape Verde islands are known for their mountains and their tropical landscapes.
- A new airport placed on the island of Santiago, which brings flights in directly from the UK allow for easy access from most European cities. Most destinations in Europe are only about 5 hours away.
- The property prices in Cape Verde are still low. Apartments run at about 50,000 Euros, and Villas at about 120,000 to 150,000.
- The rentability of property in Cape Verde is quite high. They expect tourism to rise 4 times what it is now within the next two years.
What Can a Cape Verde Property Specialist Do for Me?
When you as a foreign national try to buy property abroad, you can easily fall into traps or scams that you normally would never find yourself in when buying property in your own country. Because buying property abroad can be difficult, it is always best to find a Cape Verde property specialist.
A Cape Verde Property Specialist can help you will all your investment property needs. They can inform you about where the best place to buy property is, and the benefits and drawbacks of each place. A Cape Verde property specialist is familiar with which areas are developing the fastest, and where the best place to invest is.
A Cape Verde property specialist will also be able to inform you about the rentability of the property and which areas are better for renting.