Cape Verde is gaining a lot of attention from overseas investors, and much is being done to promote the country as a tourism hotspot. Last year Lonely Planet named it as one of the top destinations for 2011, and the local government is pumping huge amounts of money into new infrastructure. As the Cape Verde property market is driven by tourism, this is also boosting property demand as well.
There are also a number of new and luxurious developments taking place, and figures show that tourist numbers are increasing by 22% annually, with the country expected to have 1 million visitors each year by 2015. Even though it isn't yet very well known it does have much to recommend it as a tourist destination which is good news for the buy to let investor.
It has a vibrant culture which mixes African, European and Caribbean elements, and the countryside is truly beautiful. The centre of Cape Verde is Cidade Velha which was the first European colonial outpost in the tropics back in the 15th century, and was originally called Ribeira Grande before being renamed in the 18th century. The town was placed on the UNESCO world Heritage list in 2009 and is located in the south of Santiago. It still has some of the original street layout and impressive remains dating back to the 16th century.
Visitors can also climb a volcano on the island of Fogo, which last erupted in 1995, although it is advisable to take a guide. The island of Boa Vista has a reputation for being one of the most important nesting spots for loggerhead turtles on the planet. Of course sunbathing is perennially popular with holidaymakers, and Cape Verde is often called the new Canary Islands. It probably won't be much longer before it is as well-known as the Canary Islands.
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