Bathed in year-round sunshine on a tropical Island 300 miles off the west coast of Africa, a luxury 5-star Resort – the White Sands Hotel & Spa – is quickly taking shape, presenting some of the very best Cape Verde property investment opportunities you’ll find anywhere on this glorious archipelago.
Today, smart modern investors are looking for ways to strengthen and diversify their portfolios with investments that bring some much-needed security to the table – and overseas real estate is becoming an increasingly popular option for many reasons.
According to the most recent figures from the Association of International Property Professionals (AIPP), some 30,000 Brits invested in an overseas property last year – a strong indication indeed, that investors are beginning to realise both the portfolio-strengthening and lifestyle benefits of overseas property investments.
One location in particular that’s quickly turning into an overseas investment hotspot is the stunning Island Nation of Cape Verde. Consisting of ten Islands and five Islets, Cape Verde is a country where the sun never stops shining, the people are as warm and welcoming as the crystal clear waters that lap at the white-sanded shores and the tourist economy is booming.
Put all this together, and it’s no wonder that Cape Verde property has become such a popular investment option for so many. If you’re considering a new overseas property investment, here are five reasons Cape Verde property will have everything you’re looking for.
5 Reasons to Invest in Cape Verde Property
Tourist Numbers Are Increasing Every Year
A good overseas property investment is one that is able to deliver fixed returns not only today, but long into the future. And this means choosing a location where a strong market can ensure that your property will be occupied right around the calendar.
Cape Verde is one such place. For starters, the year-round sunshine means that there’s never really a low season in Cape Verde. Tourists flock to these Islands in their thousands from January to December year after year – and in fact, the country is hailed as being one of the very best winter sun destinations on the planet.
(Image source: wttc.org)
What’s more, however, is the fact that the thriving tourist market is only set to grow over the next decade or more. The latest figures from the World Travel & Tourism Council (WTTC) show that Cape Verde will attract 578,000 international tourist arrivals in 2017. By 2027, this figure will grow to 728,000, showing clearly that Cape Verde tourism is on the up-and-up for the long-term.
High Tourist Numbers Create High Demand for Luxury Accommodation
With tourist footfall increasingly on the rise, the demand for luxury accommodation is huge.
However, luxury Resorts such as the White Sands Hotel & Spa on the idyllic, paradisiacal Island of Boa Vista are being built to cater for the future influx of arrivals, which is precisely why investing in a Cape Verde property now, is a wise decision to make.
Cape Verde Is Protected from Overdevelopment
There is a risk with many overseas property markets that over-development will essentially ruin the look, feel, charm and character that makes the destination so popular to tourists in the first place. When this happens, the result is often that there is a decrease in demand and an excess of supply. However, there is no such risk in Cape Verde.
The local government has strict legislation in place that allows only low-level and low-density projects to proceed. The legislation is designed specifically, to protect the Islands from overdevelopment by restricting the number of properties that can be built. This means that the “undiscovered” charm of the country will never be lost, and that the demand for the luxury accommodation that is approved will remain high.
Beautiful Islands with So Much to See and Explore
Of course, one of the true beauties of investing in an overseas property is that you will have your very own holiday home in the sun for you, your friends and your family to take full advantage of.
Cape Verde is a wondrous place, and there are so many reasons why the country is so popular as a tourist destination. With endless stretches of sugar-white sands, an ocean teeming with tropical wildlife – turtles, humpback whales, dolphins, sharks, you name it! – and blazing sunshine that never allows temperatures to drop beneath 24°C, Cape Verde is a beach-lover’s paradise for sure.
What’s more, the country is renowned for its lively, vibrant and colourful music festivals that take place right around the calendar. Be it the Cape Verde Carnival, the Kriol Jazz Festival or the Sal International Music Festival, this festival culture is truly magical and something not to be missed.
In addition, the country is also a haven for water sports. Whether it’s surfing, sailing, kitesurfing, scuba diving or windsurfing, there’s no shortage of adventure-filled activities to appeal to all ages and ensure that your Cape Verde property is as much a lifestyle investment as it is a financial one.
The Resort Group PLC’s 5/6/7Property Options Deliver Fixed Returns from The Day it Opens
The Resort Group PLC is currently making one of the very best Cape Verde property investment offers in the market available to anyone who invests today.
Our 5/6/7Property Options offers means that all who invest in a property at the White Sands Hotel & Spa today will start enjoying fixed returns from the moment the resort opens. This offer starts with a 5% net rental yield in the first year, increasing to 6% in the second year and rising again to 7% in year three – providing the long-term security you need from your investment.
Make Your Dreams Come True with a Cape Verde Property Investment
A thriving tourist market, a huge demand for luxury accommodation, protection from over-development, an amazing sun-drenched location, and fixed returns from day one – there really could be no better way to make all your dreams come true than with a Cape Verde property investment.
To find out more about purchasing a Cape Verde property, our 5/6/7Property Options, or to book a “Try Before You Buy” VIP Investor’s Tour of the White Sands Hotel & Spa, get in touch with The Resort Group PLC today.