Cape Verde could still be considered a developing country. Although this may be a little unfair as substantial investment has entered the country over the last few years, and considerable improvements have been made to the standard of living, health care and education for its citizens. However in some ways it is still very much a developing nation, and there are substantial opportunities for investors choosing to get in at the start of the action.
Tourism is becoming far more established, and although the Archipelago has been popular with Italian and Portuguese tour operators for a number of years, it is also being discovered by other European countries, especially the UK. This has led to substantial plans for property development, and there are numerous hotels and holiday homes under construction as the current number of hotel beds will not meet predicted demand.
One of the most popular islands for both visitors and investors is Sal, which is a true beach resort with gorgeous white sandy beaches and turquoise sea. Sight-seeing on this island is relatively limited, but there is a salt lake in an extinct volcano crater in the north of the island, and this is well worth a visit.
The main attraction is the sea, which is full of Marine life including dolphins and turtles, and the majority of people come to this island for water sports, especially diving. It has an excellent reputation with windsurfers, and is considered one of the top five locations in the world. The largest town is Santa Maria which has a lively atmosphere and a comprehensive choice of restaurants and bars.
The island itself is quite barren, and for this reason many locals have chosen to move to other parts of the Archipelago, making this the ideal location for holiday resorts.
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