Cape Verde is widely recognised as the new global property and holiday hotspot, and a star investment opportunity.
An enchanting archipelago of ten tropical islands, each with its own individual character and charm, Cape Verde lies in the Atlantic Ocean 450km west of Senegal on the African coast, and 1000km south of the Canary Islands.
Beautiful white sandy beaches. Stunning scenery. An unspoilt, pristine environment. Fascinating local restaurants. Year-round sunshine. A dry, temperate climate of between 22-30ºC that's even more consistent than the Canaries. Cape Verde has it all.
Even better, it's just five and a half hours by direct flight from the UK, and only one hour behind GMT. So it's not surprising that Cape Verde is fast becoming the Caribbean for Europe - minus the jet lag.
The local government of the Republic of Cape Verde is very supportive of foreign investment, and is assisting a rapidly developing tourist industry. The local currency - the Cape Verde Escudo (CVE) - also provides the stability of being fixed to the Euro. Euros are also widely accepted in Cape Verde.
So with fast and convenient access, and all the attractions of a unique tropical paradise, Cape Verde offers unparalleled potential as an investment opportunity for growth, rental or resale.
Officially the Republic of Cape Verde, these islands form an archipelago in the Macronesia region of the North Atlantic Ocean, just off of the West coast of Africa.
Cape Verde Geography:
This archipelago is made up of 10 main islands and around 8 islets. Main islands include Santa Luzia, Boa Vista, Sal, Maio and Santiago.
There are many species of birds and reptiles that can only be found on the islands of Cape Verde. These include Raso Lark, Iago Sparrow and the Cape Verde Giant Gecko. Many of these species find themselves endangered.
Cape Verde rests in the tropical zone and has an arid climate. Average temperatures can range from 24°C (75 °F) in January to 29 °C (85 °F) in September.
Cape Verde Government:
Cape Verde runs under a parliamentary representative democractic republic. The President of Cape Verde is the Head of State and is elected by the populas for a five year term. The Prime Minister is the Head of the Government and of the multi-party system which exercises executive power. Legislative power is exercised by the Government and by the National Assembly (Asembleia Nacional). The National Assembly comprises 72 members, each of which is elected for a five year term, and they nominate the Prime Minister, who is then appointed by the President.
Travel to Cape Verde and Transport:
TACV Cabo Verde Airlines operates an inter-island service and international service to Europe, North and South America, and the West African mainland.
Did You Know?
- Cape Verde's official language is Portuguese. However, the mother tongue of Cape Verdeans is actually Cape Verdean Creole.
- Cape Verde was named after Cap Vert, which means Green Cape, in Senegal.
© Written by E.J.Clarke.
