Your guide to buying property in Cape Verde
Montana Roja Estate Agents have an extensive range of property for sale in Cape Verde. If you are looking to buy property abroad or are interested in sales then this buyers guide to Cape Verde property should be able to help you. Montana Roja Estate Agents have apartments, penthouses, villas, bungalows, townhouses, country houses, fincas, new property developments and off plan investment opportunities throughout the Cape Verde Islands.
Channel 4 recently featured Cape Verde investment property on "A Place In The Sun" where it was shown to be the top place for property investment. Cape Verde property offers the potential investor an amazing and increasingly rare opportunity to invest early in a truly virgin property investment territory. Investors in Cape Verde real estate can currently purchase beautiful beach front property at prices simply unobtainable in most other locations. To someone looking to buy a home abroad or buyers looking for a holiday home, Cape Verde offers the ability to purchase luxury property that may otherwise be beyond many peoples financial means.
The 10 islands that comprise the Cape Verde or Cabo Verde archipelago are the nearest islands to Europe within the tropics. This means that flight-times to Cape Verde are comparatively short compared to other tropical island destinations such as in the Caribbean or the Seychelles.
Cape Verde is based off the West coast of Africa and compared to many European destinations property prices are currently very competitive. Investment property in Cape Verde is becoming popular with investors as the potential of the islands becomes clear. It is now looking certain that the Cape Verde archipelago will become a popular holiday destination for many countries, offering excellent all year round weather and an alternative to the well traveled usual hotspots.
Cape Verde is said by many experts to be at the stage the Canary Islands were 25 years ago which offers the potential buyer a massive investment. Imagine if you had bought a frontline beach apartment or villa in a popular established holiday destination like the Canary islands 25 years before it was known to most. The land and property prices would cost a fraction of what they do today and this is exactly what Cape Verde is now offering. With a new international airport recently opened and UK direct scheduled flights planned from 2006, now is definitely the time to invest in Cape Verde property.
All this plus excellent property prices; an exchange rate value of local currency fixed to the Euro; a multi-party stable democracy, supportive of foreign direct investment; an estimated 70% increase in property value over the next 24 months expected and guaranteed rental schemes in place for up to 3 years.
