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Cape Verde Facts & FAQ's
 
 
Real Estate in Cape Verde, Cape Verde Real Estate

HISTORY:
The Cape Verde Islands were uninhabited when discovered by explorers commissioned by the Portuguese Crown in 1460. Africans (originally brought in under slavery) mixed with Portuguese, English and French, to create the Cape Verdean people. Intermittent periods of drought led to famine and emigration - even now more Cape Verdeans live overseas than on the Islands. The Cape Verdean people were given Independence from Portugal in 1975. In 1991, multi-party democracy began.

Now that the country's main economic drivers have firmly been identified in the tourism and service sectors, the Cape Verdean Government has big plans for the archipelago for many years to come.

CULTURE:
With lobster, tuna, squid and octopus widely available the food mainly centres on the sea. A local dish know as 'Cachupa' a form of stew this is of Portuguese influence – it is typically made with fish or meat, coconut, maize, beans, cassava and sweet potato. Papaya, mango, banana, coconut, date and sugar cane are in abundance. Red and white wine are produced though mostly imported from Portugal. The local made drink is called 'Grogue', which is a type of rum. Music underpins Cape Verdean life - Traditional music includes the Morna as sung by Cesária Evora.

ENVIRONMENT:
The natural environment has always been very important. The large green turtles frequent the beaches to lay eggs. Green monkeys and geckos habitat the islands but the are no large mammals or snakes. The islands are also called home for the colourful and unusual birds like the Passarinha kingfisher.  

CLIMATE:
With its year round climate, Cape Verde is an ideal holiday destination. With very little rainfall and on the same latitude as Barbados it has a perfect tropical dry climate. There is low humidity and a long dry season from November to July, equally there is no history of hurricanes. The average air temperature is 22-27C and the sea temperature is 21-26C, (3 degrees warmer round than the Canaries) with 10 to 12 hours of sunshine per day.

 

 Cape Verde Property, Property Cape Verde,

Property Cape Verde, Property in Cape Verde

FLIGHTS:
Cape Verde is five and a half hours from the UK and approximately six hours from Ireland - half the time it takes to get from Northern Europe to the Caribbean!  Currently Brighthouse Overseas developments are situated on the Island of Sal. Sal hosts the international airport and transfers to the resorts are in minutes.

There are no mandatory inoculations required for Cape Verde. Visas can be purchased on arrival.

KEY POINTS FOR INVESTOR CLIENTS:
• Purchasing in Cape Verde now is like what you would have achieved if you had purchased in the Caribbean 20 years ago!
• Cape Verde's policy of expansion for tourism and the consequential infrastructure improvements will ensure exceptional growth for the tourism economy.
• All year round climate ensures maximum rental income.
• The Islands were featured in the Channel 4 programme - 20 best places to buy in the sun. Awareness of the Islands is growing fast!

  • One of the hottest property markets in the world

  • Year round tropical climate(22' - 29') similar to Caribbean

  • Emerging market, low entry prices

  • High capital growth of 25% per annum predicted

  • Only 3% capital gains tax

  • Increase in tourism forecast from 130,000 to 500,000 pa

  • Strong year round rental income potential

  • Only 5.5 hours from UK

  • Major future golf resort with PGA tournaments