Cape Verde ripe for investment.

With One bed beach side apartments still available from just 105,000 Euros

Now is a very good time to invest in Cape Verde property, it has been stated.

Factoring in year-round sunny weather, easy air access and the lack of a major time zone shift when travelling from the UK – The Islands are still topping the search for overseas investors.

For more information about Cape Verde property investments please contact Stuart Hill, Operations Manager.
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Speaking about his latest project Tom Sheehy, director Cape Verde Development said, “Our aim has always been to set the standard for development on the islands, truly endorsing the Government’s objective of high quality tourism.

We are very fortunate to have found a partner like Nikki Beach to work with us on this development project as Nikki Beach and style go hand in hand. While we are proud of everything we do in Cape Verde, we expect Fortim Mindelo to be the true jewel in our crown,” concluded Sheehy.

Fortim Mindelo Hotel & Resort is 10 minutes from the Airport in Sao Vicente. Situated in the centre of Mindelo on an unrivalled elevated site, the resort has 360 views of the beautiful bay to the front and the town beach and the multicoloured houses of the capital to the other sides. As well as having the town’s amenities on its doorstep, Fortim Mindelo is only 10kms from the famous beaches of Baia das Gatas and Praia Grande. Planned championship golf courses are also within easy reach.

All accommodation will be constructed to a five star standard including the interiors which will have state of the art kitchens with granite work tops; there will also be marble/porcelina flooring throughout, jacuzzi baths, floor to ceiling sliding terrace doors, in home entertainment systems, air conditioning etc.

And, to top this off, Fortim Mindelo will provide a wide range of leisure facilities – cool pools with sgnature Nikki opium beds, Nikki’s Satine and Pearl restaurants and its infamous nightclub along with bars, a casino and entertainment centre.

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STABLE POLITICAL AND SOCIO ECONOMIC ENVIRONMENT
Cape Verde has a parliamentary system of free elections
Free of ethnic or religious strifes
Far reaching macroeconomics and social indicators

PRIVILEGED STRATEGIC LOCATION
At the cross roads of North America and South Africa
At the intersection of South America and Central Europe
Flights from South Africa, Brazil, North America, Portugal, Italy,Germany, Spain and the Netherlands

A PROGRESSIVE OUTWARD LOOKING MARKET
Encouragement of quality development and tourism

STRONG POTENTIAL FOR CAPITAL GROWTH
Still largely undiscovered

EASE OF INVESTMENT
We provide clients with a turnkey solution which includes access to local legal services Currency is tied to the Euro

YEAR ROUND SUNSHINE
One of the world’s most stable climates
Water temp no cooler than 21oC
Year round temp from 21oC to 29oC
Low rainfall – 75 mm per year

We have sourced four fantastic projects located throughout the Cape Verde islands, each one individually sourced to comply with our strict requirements, designed to only provide our clients with the best opportunities in each market.
On the following links you will find information about our four Cape Verde investment and lifestyle opportunities,
including:

Paradise Beach link

Mar a Vista link

Murdeira Beach link

Fortim Mindelo Link

For more information about Cape Verde property investments please contact Stuart Hill, Operations Manager.
Don’t Miss Out – Book your Property Viewing Trip Today!
Let us show you what everybody else is talking about…

The capital of Sao Vicente, Mindelo, is a cultural centre of the Cape Verde Islands.
A Cosmopolitan town with a large community of intellectuals, musicians and artists. The town hosts the annual carnival, a lively international music event lasting for three days, with traditions influenced from the famous Brazilian carnival.
The port of Sao Vicente is one of the busiest in the Cape Verde Islands, as it acts as one of the main hubs between the lesser densely populated surrounding islands.
Sao Vicente features spectacular beaches, popular amongst wind surfers and sailing enthusiasts.
One of the more famous beaches of the island is located on a natural lagoon, separated from the ocean by previous volcanic activity.

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Tourists from the UK visiting Cape Verde have reached an all time high with an 814% increase from the 2007 figures. Accounting for 17.5% of the overall tourist numbers, UK visitors now make up the second highest numbers after Portugal.

Predicted by top travel companies to be one of the hottest destinations for UK tourists in 2009, Cape Verde has exceeded expectations with an 814% increase of visitors originating from the UK from the previous year. The dramatic growth experienced in the tourism industry has kept hotels at a steady year-round occupancy of 80%, providing outstanding opportunities for buy-to-let real estate investments. Cape Verde Property Portal can provide buyers with extensive knowledge on making the most of Cape Verde’s tourism growth through property investments.

A recent study relating to holiday booking trends explained that 60% of all UK tourists now book self catering accommodation, with an excess of 35% being booked directly with the owners online. These figures are showing potential for increased returns on overseas property purchased for rental purposes.

Stuart Hill from Cape Verde Property Portal says “We prefer to maintain a conservative stance when calculating rental returns for our clients, operating on strictly achievable figures rather than making wild and unrealistic claims.”

Market studies carried out by Cape Verde Property Portal for the rental potential of their high quality properties offered in Cape Verde calculate annual rental returns of between 10-17% as conservative figures. Stuart Hill went on to say “Our figures might not be as exciting as our fellow international estate agents might promote, and it is true that we might lose some clients who are lured by the claims of great returns elsewhere by those with less integrity; however the clients who are attracted by our conservative figures should not be disappointed.”
With the Cape Verde National Statistics office reporting that tourism was increasing by approximately 22% per annum and anticipated to continue well into the next decade, the projected forecast for 1 million tourists to the islands by 2015 is a realistic possibility that should not be overlooked by real estate investors.

For more information about Cape Verde property investments please contact Stuart Hill, Operations Manager

Excellent capital growth potential at over 17% per annum
Fantastic Rental Opportunities
Early Stage of Development
Exclusive onsite amenities including 12 Swimming Pools, Shopping Mall, spa and 5 star hotel
Within easy access of two PGA golf courses
Beach Front Location
Flexible Payment Terms

With interest in Cape Verde at an unprecedented level, Cape Verde’s property market is proving highly popular with investors worldwide!

Don’t Miss Out – Book your Property Viewing Trip Today! Let us show you what everybody else is talking about…

Discover what Cape Verde has in store for you with Cape Verde-Property-Portal exclusive property viewing trips. Visit the most popular of the islands, Sal, and experience authentic local delights whilst opening your eyes to the world of investment potential the island has to offer!

It is widely believed that Cape Verde is currently on the brink of an economic boom. Heavy investment in tourism and increased foreign investment in property and infrastructure create a perfect environment for fantastic 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 confirmed.

Recent Government figures have shown the island is predicted to enjoy an 800% tourism increase over the next year.With hotel occupancy rates running in excess of 80% per annum and a limited supply of self catering accommodation, the Cape Verde islands offer a unique opportunity for real estate investors looking to achieve high rental yields by taking advantage of the massive increases in tourism over the next decade.

With interest in Cape Verde at an unprecedented level, Cape Verde’s property market is proving highly popular with investors worldwide!

Don’t Miss Out – Book your Property Viewing Trip Today! Let us show you what everybody else is talking about…

Cape Verde plans on remaining the shining example of a developing economy that uses aid wisely to invest in its own sustainable growth.
Due to its climate, Cape Verde has always been short on water supply, now with the investment property market and hotel industry growing – Cape Verde has chosen to tackle this issues sooner rather than later. Japan, who has taken an interest is Cape Verde since it’s independence in 1975, will be giving Cape Verde approximately 10M€ specifically to fund the creation of new drinking water production systems in the Islands. In addition, the capital city of Praia is also increasing its water resources by doubling the desalination capacity by year end.

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Ideal opportunities direct from developers
• Early entry opportunities reflected in pricing and availability
• Fast emerging market with stable economy
• High capital appreciation providing unrivalled returns
Secure location for investments – Foreign investments encouraged
• Security of Europe, legally sound investments
• Stable democratic political system
• Strict legal due diligence for the safest options
• ‘Mobility Partnership’ with the EU, facilitating visa applications
• Majority of imports and exports are with the EU
• ‘Special Status’ partnership with the EU
• Infrastructure improvements assisted by the government, the EU and the World Bank

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Increase of house prices showed double digit figures over the last 3 year, 18% in 2007
•Still early stages in terms of development
•Increasing investment by large external institutions. In 2006, 600 million dollars was invested in tourism related infrastructure by foreign parties
•Tourism showed a 25% increase per annum over the last 4 years, in 2006 approx. 240,000 tourists visited.
•This is set to rise to over 1 million during the course of the next decade
•Parity between the euro and the escudo, no currency fluctuation
•Capital gains tax and purchasing costs are low
•Number of international flights to Cape Verde is on the increase
CV is one of Africa’s most stable democratic governments
•Service orientated economy, accounting for 66% of GDP
•Demand for quality tourist accommodation is on the increase
•Economy heavily reliant on tourism, the government has a vested interest in the success and sustainability of future developments
•A Caribbean climate will fuel the growth of the islands, 27 degrees on average, warm waters
Alternative to Caribbean, Dominican Republic, Jamaica, Spain andthe Canaries
•Closest guaranteed winter sun from Europe, same distance from Equator as Barbados
•There has been a strong focus on putting infrastructure in placebefore developments
•The new airport in Sao Vicente will take international flights
•Flights into Sal have increased dramatically this year with new routes from Scandanavia, UK, Germany and an increased schedule from Portugal
•Unemployment is dropping due to the growth of the construction and tourism trade

There is no better way to get a feel for where you are buying than to make a personal visit. We’re currently able to offer discounted accommodation and air fare, so why not complete the form below and let one of our agents check availablity and contact you?