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In a unique and unprecedented move, the Government of Cape Verde has commissioned an initiative, Cabo Verde Iniviativ SA (CVI) to protect the interests of its many overseas property investors who have purchased in their country and to ensure that mistakes made in previous property investment hot spots elsewhere in the world, are not repeated.
The Government has taken this step to secure their long term strategy for economic growth and stability in their newly developing residential tourism sector.
All companies operating under the CVI umbrella abide by a strict code of conduct, thereby removing in its entirety the risks in dealing with unreliable suppliers, as has been the painful experience of many investors in other countries. read more »
The Cape Verde islands could become a major hub for international trade and commerce, a leading diplomat has said.
Marianne Myles, the new US ambassador to the west African nation, stated that the country is situated along an important global shipping route.
In addition, she said the country has established a special relationship with the US, the European Union and has become a member of the World Trade Organisation.
Therefore, she believes it could become a "transatlantic bridge" for trade, investment and tourism.
Ms Myles commented: "Cape Verde is a success story in Africa." read more »
Cape Verde has become increasing popular with Britons over the last decade and is now seen as the "hidden Caribbean", a Lonely Planet author has suggested.
Travel guide writer David Else noted that the islands are becoming popular with tourists due to the mix of cultures that exists in the area....
Most people have never heard of Cape Verde, the African islands off the coast of Senegal. However, sunshine lovers from all over the world, particularly from Britain and Ireland, have recently begun trickling into the country and enjoying its natural beauty. Charmed by what they found, some have even...
Cape Verde has been flagged up as a potentially lucrative emerging property market.
According to Property Wire, the west African archipelago is currently benefiting from ongoing infrastructure improvements....
The Cape Verde islands have been praised by a property expert for offering strong investment potential.
Jo Sinnott, who hosts Real Estate TV's Next Big Thing, said the west African archipelago offers attractions such as year-round sunshine and easy access from Europe....
The economic development of Cape Verde, one of the fastest growing emerging property markets, takes a step forward later this month when the country become a member of the World Trade Organisation.
The archipelago of Cape Verde is becoming an increasingly attractive investment option, a market expert has claimed.
Cape Verde's government has worked hard to make the country more accessible for the international community, with enough success for it to be held up as a model for other emerging nations, according to ShelterOffshore.
Those thinking of buying property in Cape Verde may be encouraged to learn that there are currently plans to increase the number of airports and that property can cost as little as €1,200 (£950) per sq metre.
Rhiannon Davies, director of ShelterOffshore, said: "Now is a good time to consider investment if you like the thought of entering an emerging market and having access to the potential profits and returns it may offer." read more »
For investors looking for overseas opportunities Cape Verde's property market is currently in its early stages, and investors can look to gain early entry by purchasing property in prime locations now at low prices.
Often likened to the Caribbean, Cape Verde offers a fantastic year round climate and easy access. It has stunning beach-front properties and offers investment opportunities that are second to none. The islands are enjoying the advent of a huge tourist boom which will have an inevitable impact on the value of its property prices.
Cape Verde is a group of islands situated south of the Canary Islands off the Western Coast of Africa, only 4 to 6 hours away from Europe. read more »
Property investors in the UK are increasingly looking to less-established foreign markets, according to a media report.
The Metro stated that a growing number of people are snapping up houses in places such as Egypt, Brazil and the Cape Verde islands.
This is because the markets are expanding at a faster rate than those in traditional investment hotspots such as Spain, France and the US.
As a result, owners of property in these countries have been collecting strong returns from both rental yields and capital gains.
The Metro added that investors are subsequently using the money to purchase a permanent residence in the UK, as they had previously been priced out of the market. read more »
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