In the Cape Verde property market, Sal is the most popular island in the Archipelago, unhindered by the fact that it is the most developed. The island is just 30 km long and 12 km wide, and the town of Santa Maria at the southernmost point is a well-established tourist resort.
It's easy for visitors to find a good restaurants and interesting shops, while it also has a lovely town square. The port town of Palmeria, and the town of Espargos are also worth a visit. The beaches here are unpolluted, and as yet there is no lack of space for your beach towel. More and more people are discovering this island, and there is an increasing need for rental property.
The islands have been subject to massive government investment to bring the infrastructure up to world-class standards. As Cape Verde has been granted EU special status it became eligible to receive £1.2 billion of public funding.
The tourist facilities being offered are becoming increasingly sophisticated as the islands are developed, and Cape Verde is ideal for buy to let investors wishing to get in early. Many are choosing to use a Self Invested Pension Plan to purchase property as this is the most tax efficient way to invest.
Anyone buying property in Cape Verde receives the full ownership and has the freedom to sell whenever they wish. The year-round good weather presents excellent rental opportunities, especially as its close proximity to Europe makes it ideal for winter getaways. Property here has been forecast to appreciate considerably during the next few years as the islands become more established and well known.
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