Property for Sale in Cape Verde

Property for Sale in Cape Verde is an emerging market, and even though sale prices are beginning to rise with demand, compared to nearby countries, property prices are still extremely cheap. Cape Verde property for sale is still in it's infancy, but like other emerging markets will soon grow at an astonishing rate.

There is a boom waiting to happen with property for sale in Cape Verde. The country is still in it's infancy, but the number of tourists yearly is rapidly increasing due to the huge investment into the infrastructure and transport networks on the islands, bringing it into reach to foreign visitors. The islands now have 2 international airports, making it even more accessible.

Property for Sale in Cape Verde is an emerging market, and even though sale prices are beginning to rise with demand, compared to nearby countries, property prices are still extremely cheap.

Our current development for sale, Cotton Bay, is on a 36 hole golf resort on the island of Sal. Not only that, the resort includes football pitches, tennis courts, communal pools and an olympic size swimming pool. This type of luxury within mainland Europe comes at a much higher price than available in Cape Verde.

For the investor, there are huge opportunities for capital gains to be made from Cape Verde Property for Sale. The properties offered by Emerging Real Estate are for sale 'off-plan'. The definition for 'off-plan' is where a property is bought at the planning stage, being yet to be built. Although the definition mentions being bought prior to construction, payment is generally via a 10% deposit before commencement, 15% when the roof is completed, then 45% upon completion and the remaining 30% 12 months after completion.

The main benefit of 'off-plan' property for sale in Cape Verde, is the security of having agreed a price up to two years in advance, almost ensuring an increase in the value of your purchase by the time you move in. The obvious advantage for the developer is being able to secure an investment before construction even begins.

Overall, the potential for growth in the property for sale in Cape Verde is huge. With new infrastructure and developments all the time, the number of tourists to the country will continue to grow, making Cape Verde the place to invest.

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Thank you very much for all your help in buying our flat in York and in subsequently getting it let. You really have made the process easy (especially as I have been abroad for most of it!). I’m very pleased that, as we complete, it will be occupied in under 3 weeks.

R A Forster
Wiltshire

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