With air travel improving and advancements in technology, the world is getting smaller. Not only does this mean the whole world is now accessible for holidays, it means we have more opportunities with our investments. Recently, there has been a trend towards Cape Verde and the amazing properties in this location.
Why should you invest in Cape Verde? Let’s take a look!
First and foremost, this island country in the Atlantic Ocean offers picturesque landscapes and wonderful views wherever you look. Close to the Canary Islands and Madeira, it’s actually an archipelago with 10 volcanic islands and it remained uninhabited until the 1400s.
If you type ‘Cape Verde’ into Google and look at the images, all you’ll see is stunning beaches, crystal clear waters, and sights that wouldn’t look out of place on a computer background or, for those old enough to remember, a postcard.
While the natural beauty of the location is important, it means nothing if you aren’t going to see a return on your investment. Fortunately, tourism is only increasing, and this means that there’s been a demand for accommodation.
According to a recent report, just 28,000 people visited Cape Verde in 1995. A little over two decades later, nearly 600,000 people visited in 2016. Of course, this is a huge jump, but we should also consider the growth in recent years. From 2015 to 2016 alone, the figure increased by nearly 80,000. Therefore, we can see that people are still interested in escaping to these beautiful islands.
In recent times, there has been a number of plans approved for accommodation. However, the problem with these is that they seem to be focused on future arrivals; this means that there’s a shortfall for those who are visiting right now.
Lots of Potential
If you’re going to invest in Cape Verde, you need to know that not only is your investment safe but also that you’re going to make a positive return. We believe that this is the case thanks to a few factors;
- Tourism statistics
- Year-round sunshine (whether it’s just after New Year or in the middle of summer, people will be looking for an escape to Cape Verde!)
- Reputation as a winter destination
- Protection from over-development
- Stunning location
If we return to tourism statistics once more, the World Travel & Tourism Council has predicted that 728,000 people will visit Cape Verde annually by 2027. From an investment point of view, this is the sort of potential that doesn’t come around very often.
Protection from Over-Development
This is something we mentioned in the above list, but what does it mean? Before you invest in Cape Verde, you’re likely to have many questions. For us, one of the most common questions regards how this huge potential will affect the island. Historically, it doesn’t take long to find examples of landscapes that have been ruined by over-development. Although the buildings and fast-food outlets are normally introduced for the tourists, it takes away the very reason why people were visiting that location in the first place. Eventually, it loses its appeal and becomes the same as any other destination.
Currently, the local government in Cape Verde seem to be in control and has introduced legislation so that only low-level and low-density projects are accepted. With this in mind, the number of buildings erected is restricted and the islands should remain protected from over-development. If people want that ‘undiscovered’ feeling to their holiday, this is something that will remain in Cape Verde for many years to come.
Over time, accommodation will be limited, and this makes it easier for you to recuperate your investment and make a profit in the long-term.
Invest in Cape Verde; a sentence that seems full of promise, yet also full of headaches and confusion. This is a misconception we deal with regularly, so allow us to inform you that investing doesn’t have to be a stressful experience. At Invest in Cape Verde, we aim to keep the process as simple as possible.
We’re lucky enough to have five-star luxury beachfront and other luxury development properties, and you can get started with a three-step process.
- Locate your perfect resort
- Book an investment meeting and inspection
- Invest and earn income
It really is as simple as this. As well as a fixed annual income, you’ll enjoy a secure freehold investment, professionals with a track record of success, and you’ll even get five weeks of personal use every year.
While some governments can make investing a real headache, the Cape Verde government is actually extremely helpful in this regard. In order to encourage investment from abroad, they’ve taken steps to accommodate investors. Starting with a simplified process, it extends to blanket obligations and this is providing investors with the confidence they need to go ahead and say ‘yes’.
Increased Need for Holidays
Unfortunately, we’re at a time where stress levels have never been higher. We feel pressure from our jobs, pressure from society, and it all leads to needing an escape somewhere. At the moment, we seem to be on the crest of a huge change because people are starting to put themselves first. As an investor of luxury accommodation in a serene location, this is great news.
More and more, people are seeking the beach lifestyle which makes a beachfront property perfect sense. They want to wake up, put on some flip flops, and find their sun lounger for the day while leaving all their worries on the plane. You can take advantage of this changing mindset this year.
Get Started Now
As you can see, there’s never been a better time to invest in Cape Verde. If you want to learn more, or even look through our available properties, browse our website and get in touch with any questions!
If you are interested in buying a property in Cape Verde or to get more information about investing in Cape Verde and learn all about the latest properties for sale in Cape Verde and why property in Cape Verde is making such an impact with international property investors, contact us and find out how we can help.
Our property services include a large portfolio of beachfront property investments in Cape Verde with a fixed annual income, proven track record of capital growth and 5 weeks personal use. All our properties for sale in Cape Verde are freehold and are secure investments that appeal to property investors, holiday home owners and beach lovers wishing to finance their holidays whilst making great returns on their money.
Invest in Cape Verde also offer the opportunity to visit our completed properties in Cape Verde to experience one of the 5 star beachfront projects and see why investing in Cape Verde is right for you.
To learn more about our property investment inspection trips contact invest in Cape Verde and we will let you know when our next tours are available.
For all the latest listings and information regarding property for sale in Cape Verde and property investment opportunities in Cape Verde including apartments for sale in Cape Verde, villas for sale in Cape Verde and hotel room Investments for sale in Cape Verde. Click here to download our Benefits of Investing In Overseas Property Guide.