Why Cape Verde?
The truth is that the saturation of tourism-real estate destinations such as Portugal, Spain or Canary Islands and the insufficient valorisation rates of only 5 to 8.5% have created additional pressure for the discovery of new tourism offers capable of generating higher value. With a mild climate throughout the year, plenty of sunshine, excellent seafront areas, virgin beaches, easy access, high valorisation rates, low patrimonial taxes, the possibility of generating income throughout the year and complete social harmony makes Cape Verde a “must” location for real estate investors. Although less productive the low cost of labour easily compensate the high construction prices caused by the insular location and insufficient distribution systems -maritime ports without the capacity to provide a suitable response- thereby enabling considerably lower final prices. Cape Verde falls perfectly within this profile and is only 4 to 5.5 hours from the main markets for outbound tourists and purcha