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Overseas Property Investment in:

Cyprus,  Florida, Egypt, Dubai, Spain, Morocco, Portugal, Cape Verde

 

Cape Verde

About Cape Verde

The BBC Holiday programme, in November 2005, identified Cape Verde as “the next potential holiday hotspot” and industry insiders have been quick to agree. At a time when people are jetting further and further away to find a unique new destination, it’s no wonder that the 965 kms of bleached white beaches, just over five hours away, have put Cape Verde at the top of every ones must visit list. New infrastructure and a government committed to tourism are just two reasons why analysts are predicting a 70 per cent rise in property values over the next 24 months.

Cape Verde, also known as Cabo Verde is a collection of islands in the Atlantic Ocean, 385 miles (620km) west of Senegal, West Africa. It’s official name is The Republic of Cape Verde and covers 4030sq km’s. The islands are blessed with beautiful beaches, scenery and a climate reminiscent of the Caribbean.

The Cape Verde government are currently enhancing the island economy and tourism is their top priority. Cape Verde is in the early stages of development as a top international tourist destination, this makes an ideal time to invest. From a business perspective there are many reasons why you should consider investing in the initial phase of growth with some analysts predicting a 70% increase in property value over the next 5 years.

During 2006 Cape Verde National carrier TACV introduced short haul flights from the UK, approximately five and a half hours flying time. Low cost airlines are expected to follow shortly afterwards increasing the rental potential of your property.

The Cape Verde islands are the nearest tropical islands to the UK. They are 4 hours closer to the UK than the Caribbean, with the ideal climate without the Hurricanes, temperatures averaging 25ºc year round and very little rainfall make these islands the ideal 12 month destination.

Area and History - the islands were discovered and colonized by the Portuguese in the 15th centaury, Cape Verde subsequently became a trading center for African slaves and later an important coaling and re-supply stop for transatlantic shipping. Following it’s independence in 1975, a one party system was established and maintained until multiparty elections were held in 1990. Cape Verde continues to exhibit one of Africans most stable democratic governments.

Sal island

If there were a last bastion in the world worthy of call paradise, surely Cape Verde would be in the running. A Portuguese/Creole - speaking archipelago of islands the largest of which is Santiago and the smallest inhabited island is Brava. Divided into two groups, the Barlavento (windward) in the north are Sal, San Vincente, Boavista, San Antao, Santa Luiza and Soa Nicholau. In addition, the Satavento (leeward) in the south are Fogo, Brava, Santiago and Maio. For those familiar with the Canary islands, the climate and terrain are very similar, both having been formed through volcanic eruptions. Rugged mountains with little or no flat land, interspersed with Dunes; all covered in a deep red dusty earth with varying degrees of greenery depending on were you are, these together with areas that mirror desert locations. Turquoise seas and bleached white beaches align much of the 965 km of coastline. The water supplied by the Atlantic Ocean is warm and welcoming and prove very popular with water sport enthusiasts and sunbathers alike. The climate is very satisfying 22-27ºc throughout the year. Although the islands are subject to a rainy season, this is usually between August and October and extremely intermittent, there have been records of 12-year gaps between episodes.

The locals are friendly and if you like seafood, you will love Cape Verde. Many of the locals rely on the sea for their income; you will see groups of locals fishing with nets alongside the coastline, or children dipping lines off piers and rocks. You can watch the catches coming in and the local chefs vying for the best catch of the day for their restaurants.

Sal is among the most unspoiled of the islands at present. Long white sandy beaches and vast blue sea make it hugely popular for sunbathers, swimmers and wind-surfers. The island measures 30km long and just 12km wide. Leisure pursuits on Sal are varied. Fishing is available all year round but best between July and October. Diving is popular in Sal as there are many caves, tunnels and reefs. There is one main road running along the spine of the island, from Santa Maria in the south to Espargos in the middle. Various rough roads will take you round the islands smaller towns. Hiring a car is easy and gives you the freedom to go exploring at your own pleasure.

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