Property for sale in Cape Verde

1/ Capital: Praia

With a population of approximately 124,661, growing from 94,757 in 2000, is the capital of Cape Verde, an island nation in the Atlantic Ocean west of Senegal. It lies on Santiago island in the Sotavento group. It is the island's ferry port and is home to one of the nation’s three international airports.

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2/ Country: Cape Verde

Is a republic located on an archipelago in the Macaronesia ecoregion of the North Atlantic Ocean, off the western coast of Africa. The previously uninhabited islands were discovered and colonized by the Portuguese in the fifteenth century (though there may have been earlier discoveries), and attained independence in 1975.

3/ Property in Cape Verde

The beautiful, unspoiled islands of Cape Verde provide a new and exciting investment opportunity for property buyers who wish to maximize both capital growth and rental yields. Excellent all year weather, political stability, easy access to Europe with no jet lag, warm clear seas, stunning scenery and beautiful white sandy beaches make Cape Verde property an opportunity not to be missed.

Property in Cape Verde is becoming an increasingly interesting subject to potential investors. The interest in Cape Verde property is based on both the archipelago’s natural attributes, such as its warm climate year-round, and the potential profit it offers to investors. The Cape Verde archipelago consists of 10 islands, 450km off the coast of West Africa and is popular with property investors due to its natural beauty; "rugged peaks, deep green valleys and banana plantations overlooking empty white beaches" all attract holiday home owners.

Cape Verde property has been identified by some market commentators as a sector with great potential that will blossom as soon as infrastructure and access are improved.

Cape Verde's property market is set to benefit when the country becomes a member of the World Trade Organization (WTO). According to analysts this will facilitate further growth and development and have a clear impact on investment. Cape Verde will join the WTO later this month, which is expected to lead to further growth in the property sector; the boost to Cape Verde's economy will in turn benefit the property market. Cape Verde has been flagged up as a potentially lucrative emerging property market.

Cape Verde is becoming more and more popular with second home buyers from overseas, analysts have stated.

According to property experts, the west African nation has become an "overseas property hotspot" in recent years.