Cape Verde Offers a Tropical Island Investment Property Opportunity
Cape Verde is a glorious archipelago of 10 islands boasting a colourful Creole of African and European cultures and a variety of different settings for you to enjoy.
Cape Verde are the nearest tropical islands to Europe located just off the north-western coast of Africa, only 5.5 hours flight from the UK and just an hour south of the Canary Islands you will find these enchanting Islands basking in the sun.
At the moment Cape Verde Real Estate offers you a very exciting investment opportunity to maximise capital growth, rental yields and of course enjoyment.
Each island has its own individual characteristics and distinct beauty and once you visit the Islands you are bound to fall in love with them.
The unique Islands offer a mix of stunning pristine environments with beautiful white powdered sandy beaches, lush vegetation, breathtaking mountain landscapes, and awe-inspiring coastal views.
Quite simply an island paradise now easily accessed from Europe and just waiting for you to discover and explore.
As well as its stunning location, Cape Verde is predicted to achieve considerable GDP growth through international tourism, which in-turn is creating a strong property market.
The low cost of living and recent introduction of direct low cost flights make Cape Verde even more accessible which has had a direct impact on the number of tourists and property investors who are now looking to buy Cape Verde property.
Massive government and private companies also investing is also well underway. Tourism is growing at a fast pace driven by significant growth in foreign direct investment (FDI).
The Government has licensed nearly 109 investment projects as of the time of writing, with a total capital of $416 million invested in hotels, residential resorts and other tourism-related construction: through the third quarter of 2006, tourism exports almost doubled and Foreign Direct Investment increased by roughly 60 percent compared to the same period of 2005.
Furthersupport has come from public investment in infrastructure and better external transportation links. This rapid expansion offers today’s investors outstanding opportunities.
In summary Cape Verde is the rising star of overseas investment property and Cape Verde investment properties are increasing in popularity with a justifiably growing reputation among investors. Tipped as the Canary Islands 15 - 20 years ago the early stages of development in Cape Verde make it an ideal time to invest.