Cabo Verde Property: More than You Expect

If you are considering vacationing, living or investing in a tropical paradise island, Cabo Verde property will prove to offer just what you seek and more than you expect. That’s because this idyllic setting just 500 kilometers off the West African coast of Senegal has been a well-kept secret until very recently. Cabo Verde is an archipelago comprised of ten major islands and eight smaller islets. Seven are inhabited and one is set aside as a preserve. All the islands boast long expanses of white, sandy beaches basking in a temperate climate. There are also numerous quaint little fishing villages in the island’s coves and inlets which shout ambience and local color. Amidst all this, you can select a Cabo Verde property that is attractively priced no matter what your need. Moreover, you can realistically expect whichever property you choose to substantially appreciate over time.

No matter which island you select, any Cabo Verde property offers stunning ocean views and a chance to enjoy wildlife that exists nowhere else. There are currently ample accommodations for vacationers and numerous rental, purchase and investment choices from newly built resort developments, with still more under construction or in the planning stage. These islands are on the brink of a major boom that will add up to increased value as time goes on. It has been estimated that in 2007 alone, the growth rate here will top 6%. Right now, property prices here are substantially below equivalent properties on the long-established Canary Islands, the nearest alternative destination.

It’s easy to get to Cabo Verde too, thanks two the presence of two international airports; one on the island of Santiago and the other on Sal, the most developed of the islands. Regular commercial flights are available to and from the African mainland, Europe and elsewhere. Visitors say that they found the mix of cultures here both vibrant and stimulating. Cabo Verde was originally settled by the Portuguese in 1460. They went on to integrate African slaves as workers in mining, farming and construction. This mix of African and Portuguese cultures has given rise to island dance, arts and music that is in a class by itself. People who have purchased Cabo Verde property express their admiration for the local culture that gives these islands a unique flavor of their own.

On the bottom line, Cabo Verde represents a unique opportunity for an un-crowded and colorful vacation with a myriad of things to do and places to visit. For the retiree seeking a unique place to live and the investor who wants a situation that promises appreciation, Cabo Verde property represents a hard-to-find opportunity.  However, like most places on the cusp of major growth, timing is of the essence. Many Cabo Verde developers, realtors and travel agencies are now offering inspection trips at rock bottom prices and even free trips for those who buy a Cabo Verde property.