Cape Verde Real Estate Agents selling property and Property Management Services in Cape Verde have a range of rental properties on Sal, Boavista and other islands such as studios, one bedroom, two bedroom, three bedroom apartments, town houses and villas to buy or let. If you are looking for information on Sal Island, please use the side menu on right for 'What's On Sal Island' or click here on Sal Island Property Information.
In 2008, Cape Verde along with other countries saw a down turn in people buying property abroad due to the financial crisis. Since then re-sale properties have not, in the main, held their value and many people that needed to sell their property for personal or financial reasons, sold at a much lower price. New properties and resorts were still built and these in most case were sold. Some developments/resorts were completed and are fully operational. However, other developments were not finalised, some were put on hold, while some remain unfinished. This situation occurred on a number of Cape Verde Islands and most likely in other countries.
Many things have progressed in Cape Verde over the years, some very slowly. People looking to invest long term may not see a quick return for their money and those looking for a place in the sun for family holidays will need to consider the 'what if' factor, meaning the unforseen things that can go wrong or change, in general and individual circumstances. Remember, financial situations will continue to change in various countries, as will family life.
In previous years many people invested in smaller projects while others put down deposits on properties that were 'Off-Plan'. Many bought
on Sal Island as the PR was that Sal was the next up and coming tourist destination. Within the FAQ's there are some general comments
made in those earlier times which helped a number of people consider whether they wanted to buy a property in Cape Verde, such as to
what type of things needed considering personally, as well as some people's comments on their personal experiences.These have now been
archived for reference purposes but are still available to view.
Making a will
Property for sale
Leasing a property
Fees and charges
Replacing or buying new goods
Taxes to be paid
Some things ..... to think about! INVESTMENT-CONSIDERATIONS
Winter - at least one long trousers and a jumper
Comfortable walking shoes (flat), thick soled flip flops or sandals
Sun lotions, after sun and Mosquito repellent (can be expensive) Hygiene wash gel/wipes.
Unlocked phone if wanting to use local sim