Welcome to Imagine Cape Verde, developers of Premium property for sale in Cape Verde. With a large selection of high end, luxury property for sale in Cape Verde on the islands of Sal, Sao Vicente and Sao Nicolau, you can be sure to find the holiday home of your dreams, offering an excellent investment opportunity in overseas property. All of Imagine Cape Verde’s projects are managed by Edward Cotter Partnership, one of the only project managers in Cape Verde that has achieved ISO 9001:2000 Quality Assured Certification, and are setting a new standard of excellence by building European standard property in Cape Verde Click here to view our property for sale in Cape Verde or click on the images below view the projects. Quick Links WHY INVEST IN PROPERTY CAPE VERDE? PROPERTY CAPE VERDE : 1) CLIMATE All of the islands that make up the arquipelago of Cape Verde enjoy a Caribbean style climate with on average 360 days of sunshine per year; in fact many refer to the islands as “the Caribbean without the hurricanes”. The temperature fluctuates between an extremely pleasant 21ºC and 30ºC and receives a refreshing north-easterly sea breeze throughout the year. Sea temperatures are on average between 22ºC and 26ºC. Climate is and will become a very important factor for tourists and a very good reason to consider a property in Cape Verde. Click here to view Property for Sale in Cape Verde PROPERTY CAPE VERDE 2) ACCESSIBILITY Following on directly from climate is accessibility to Cape Verde, and most European cities now offer direct flights here, and new flights are starting every few months. In 2005, to visit Cape Verde from the UK, involved a rather frustrating stop-off in Lisbon. At time of writing, winter 2008, if you wish to visit Cape Verde from the UK you have the option of direct flights from Birmingham, Manchester & London, which on average takes just 5.5 hours. There are 4 international airports on the islands, and in addition to the European flights, there are many direct connections to the United States and south American countries. PROPERTY CAPE VERDE 3) ECONOMY According to the UN Development Programme, Cape Verde has the fourth highest Human Development Index (which takes into consideration factors such as GDP per Capita, life expectancy etc) of all of the African nations. The economy is well managed, and its currency, the Cape Verdean Escudo, has been pegged directly to the Euro since 2001, thus keeping inflation low. In addition, the archipelago is already complying with most of the EU’s economic stability demands, and most property transactions are performed in the Euro. The booming property market in Cape Verde is further strengthening the economy. PROPERTY CAPE VERDE 4) TOURISM According to official statistics, tourist arrivals to Cape Verde are continuing to grow at an average rate of 22% on annum, and projections are that by 2015, one million tourists will visit annually (from 83,000 in the year 2000). Naturally, all of the major hotel chains have either built hotels, bought plots or are tendering; including Riu (with 4 hotels already open), Hilton, Sheriton & Nikki Beach. In 2007, Expedia ranked Cape Verde in the Top 10 destinations, and this huge increase in demand for quality accommodation indicates excellent rental potential for property in Cape Verde. CAPE VERDE PROPERTY 5) THE REAL-ESTATE MARKET Due to low-density building regulations (most resorts are just 20%) and the geographical size of the islands, forward thinking by the government should ensure that Cape Verde Islands should never become over-developed. The result for the property investor: demand should always be greater than supply. European quality, well-located property in Cape Verde should offer excellent capital appreciation as well as long-term rental income. |
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