Is Cape Verde property as hot as people say is it?
Thursday, July 2nd, 2009    Subscribe To Our FeedAs the closest tropical island to Europe, Cape Verde is uniquely situated to attract many adventurous holiday makers seeking grand adventures and to explore its white sand beaches and luxurious resorts.
For everyone interested in Cape Verde property investment, than now is the time to sit up and really take notice of this rapidly emerging property market. In addition to sunny warm weather all year round, tropical plantations and spectacular mountains, Cape Verde offers a low cost of living, which translates into affordable property prices and less expensive vacations for economy stimulated tourists.
Let’s take a look at some of the factors attracting investors to these fascinating islands.
First, despite being in its early stages of economic development, Cape Verde already has huge potential for growth in the tourism industry. As well as a brand new international airport, with direct flights from many European countries, the island now boasts several luxury resorts with world class golfing that are becoming an attractive destination for many golfing vacationers.
The exchange rate of Cape Verde currency is fixed to that of the Euro and it has a strongly predicted to become part of the European Union in the future, ensuring the islands will take off as a tourist destination for Europeans looking to get away from it all. All of these points coupled with a stable government make investing in Cape Verde properties very attractive.
Thanks to the great range of new and luxury developments that are springing up all over the islands, in theshape of self sufficient resorts and resort style complexes, European visitors on the lookout for luxury are greatly surprised by the luxurious accommodation and service available. New roads, sea ports and other points of access are being planned for the islands constantly, making ease of accessibility possible for visitors. For those looking for a low risk investment property in Cape Verde at one of these new resort locations like Tortuga & Dunas Beach Resorts on Sal island almost guarantee excellent ROI form rental income generated for holiday makers.
For those considering a second home, vacation home, or simply a new place to invest that has a very positive outlook in the property and tourism industry, Cape Verde property investment is a very attractive option well worth further investigation.
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