Cape Verde is increasingly being feted as an investment hotspot, and does make the ideal place for a holiday home or rental property. The good availability of international flights combined with carefully planned developments will ensure this archipelago is soon firmly on the tourism map.
Cape Verde consists of 10 main islands and five islets and has a hot and dry climate with periodic droughts. Although the islands are volcanic there is only one active volcano which is Mount Fogo on the island of Fogo. It last erupted in 1995.
The government of Cape Verde is stable and overall the people are friendly. The islands have good health services and low crime levels. As yet Cape Verde is only just becoming established as a holiday destination, and the government has offered extensive tax breaks for developers and foreign investors. This has resulted in a number of new upmarket developments, and tourism numbers are gradually rising.
One of the major attractions of the islands is the excellent watersports, but it's also being marketed as a family destination and there is a growing interest in the development of eco-tourism. A lot of the development is being bought off plan either by people looking for a second home or by buy to let investors.
There is quite a range of prices according to the island, as each island has its own unique character. The most popular and well developed islands are Santiago, Boa Vista and Sal. As it is still very much an emerging destination prices are very reasonable, especially when compared to nearby European islands such as the Canaries.
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