Cape Verde Property Investment - Investors to get in early to maximize R.O.I

Cape Verde/Cabo Verde Property Investment

There has been much discussion recently about property investment and new emerging markets offering property investors the most potential return on investment. Most investors refer to Eastern European locations when talking about emerging markets and its true that you can purchase property at very competitive prices in Bulgaria and Croatia for example, and all indications are that the value of these properties will increase substantially offering a great potential investment.

However for most investors, buying a property in Bulgaria doesn’t create the kind of buzz that buying a property in Spain or Florida will, and the main reason for this is of course the weather. A true investor will look at his investment without emotion and see the property purely as a vehicle to generate wealth, but buying property in exotic locations is everyone’s dream and often makes sense as the weather and scenery is one of the most important demand drivers in any property market.

There is now a new alternative for investors which, although not as well known currently as many other investment hot spots, offers those investors with their fingers on the pulse the chance to invest into an exciting property market at a very early stage, and generate potentially large profits. Many recent publications including the popular "A place in the Sun" and BBC1´s "Holiday" have highlighted the Cape Verde Islands, and its now a regular addition to lists of the worlds top 5 emerging property markets.

About Cape Verde/Cabo Verde

Cape Verde also know as Cabo Verde is a collection of Islands in the Atlantic Ocean, 385 miles (620 km) west of Senegal, West Africa. Its official name is The Republic of Cape Verde and covers 4030 sq km’s. The islands are blessed with beautiful beaches, scenery and a climate even warmer than the Canary Islands.

The Cape Verde islands were uninhabited on their discovery in 1465 and became part of the Portuguese empire in 1495, and today the majority of its inhabitants are of mixed Portuguese and African ancestry. In 1951 Cape Verde’s status changed from a Portuguese colony to an overseas province, and in 1961 the inhabitants became full Portuguese citizens. In July 1975 the islands became an independent Republic.

Why Invest In Cape Verde Now?

There are many reasons why Cape Verde is becoming an increasingly popular destination for property investors. The government of Cape Verde have decided to make boosting its economy via tourism its number one priority. A large part of their strategy is based on maximising their country’s natural charms and enhancing infrastructure to encourage tourists from all over the world but especially Europe. The government is taking this task very seriously and there are huge infrastructure improvements currently in progress, along with numerous property developments of stunning quality. The government has even offered interesting tax breaks on building materials to encourage growth on the islands.

The most significant proof of expansion so far is the opening of the new International airport on the Island of Santiago and the first direct flights from the USA. This is seen as a huge step and it is widely predicted that the Cape Verde Islands will become a major international holiday destination within just a few years, offering Europeans the chance to experience a Caribbean like holiday, without actually crossing the Atlantic. Direct flights from the UK are set to start in 2006 with the Cape Verde national carrier TACV, and flight times are expected to be just over 5hrs. A number of British & Irish based low-cost airlines are expected to follow suit soon after.

Natural Factors:

* All year round excellent weather
* Closest Tropical islands to the UK
* Beautiful white sandy beaches, exotic tropical plantations and breathtaking mountains
* Very low cost living, resulting in affordable holidays for all
* Just over 5hrs from UK, with little jet lag as Cape Verde is only 1 hour behind GMT.

for further information regarding Cape Verde Natural Growth Factors visit http://www.propertyshowrooms.com/CapeVerde/property/investment/why_cape_verde_natural.asp

Economic Factors:

* Early stage of development in Cape Verde, meaning ideal time to invest
* Huge tourism growth potential
* New International Airport and TACV to start direct flights from UK in 2006
* Very strong public and private investment
* Currently being re-classified as a "middle-income" country due to foreign investment in infrastructure and tourism
* Strong possibility of inclusion in the European Union
* Excellent property prices, Cape Verde beach apartments from €47,000
* Exchange rate value of local currency is fixed to the Euro
* A multi-party very stable democracy, supportive of foreign direct investment
* Over 70% increase in property value over 24 months expected
* Guaranteed rental schemes in place for up to 3 years

for further information regarding Cape Verde Econmic Growth Factors visit

http://www.propertyshowrooms.com/CapeVerde/property/investment/why_cape_verde_economic.asp

With so many factors and indicators pointing to Cape Verde becoming a successful holiday destination, the potential for early property investors is huge. At present, off-plan investors in Cape Verde can purchase property at prices virtually un-parallel for their type anywhere in Europe. As the infrastructure on the Islands progresses and the construction of more resorts gets under way, the secret which is Cape Verde will be well and truly out, and investors can expect prices to rise in line with this increased demand, and the creation of a new and buoyant property rental market.

Those considering their options need only look at the performance of property markets such as the Canary Islands and the Balearics over the last few years as a guide. As was the trend in these and virtually every other global property market, the earliest investors see the best returns. So if you are an established investor in foreign property, or if you are a first time investor who thought maybe your best chance of a significant return had passed you by, there really are very few if any better investments right now than the Islands of Cape Verde.

Visit http://www.propertyshowrooms.com/capeverde/ for further information.