Your shopping cart is empty!
Is it feasible to sell Cape Verde property fast to cash buyers from abroad? Yes, absolutely, Cape Verde has emerged as a major tourist destination and an overseas property hotspot.
There’s much to admire about this stunningly beautiful archipelago. Cape Verde is one of the few countries in Africa to have had an unbroken spell of democracy for 40 years.
Every election brings in a peaceful political transition in Cape Verde. Unlike many countries in Africa, there are no dictators or rulers for life here. The fact that Cape Verde is such a stable democracy does make it attractive to foreign investors. But that’s not the only great thing about Cape Verde.
It is one of the most beautiful places in the world, with stunning natural sceneries, bright sunshine for much of the year, warm climate which doesn’t get too hot and a low crime rate.
The people of Cape Verde are warm and friendly and crime is literally unheard of here. It is one of the safest places in Africa. These are just some of the reasons why Cape Verde is so popular with tourists.
Tourism accounts for 15% of Cape Verde’s GDP and is expected to grow at 6 percent a year from 2016 to 2025. Today, Cape Verde has become recognised all over the world as an alternative to Sharm-el-Sheikh.
As everyone knows, there was a tragedy in the popular Egyptian resort of Sharm-el-Sheikh in 2015 when ISIS terrorists brought down a Russian jet with 224 tourists. That led to several countries, including the UK, stopping flights to Sharm-el-Sheikh and issuing an advisory against travelling there.
Sharm-el-Sheikh’s loss has been Cape Verde’s gain, as tourists around the world have changed their travel plans and spent time Cape Verde this year. This has certainly had a very positive impact on Cape Verde as an overseas property destination as well.
It helps that the Cape Verde economy is quite healthy. The amenities here are as good as you would want them to be – while they are by no means anywhere close to European standards, they are much better than what’s available in the rest of Africa.
The housing market in Cape Verde is largely dominated by foreign buyers. There’s a lot of interest in properties in Cape Verde from British, German and Scandinavian buyers. Britons are the biggest buyers of beachfront villages in the archipelago.
Holiday rentals here are in great demand all through the year. For this reason any investment made in Cape Verde properties would pay off over a period of time.
Many cash rich buyers from China and Russia have looked at investing in Cape Verde for this reason. Chinese and Russian investors in the overseas property market are well known for fast and painless all-cash purchases.
Cape Verde was once a colony of Portugal, and so there is still an emotional link between the archipelago and Portugal. So a number of Portuguese look to spend a part of the year here and are big buyers of holiday homes in Cape Verde.
Contact the experts today to sell property in Cape Verde Fast to cash rich overseas investors.