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Why Cape Verde makes an attractive property investment location

Tuesday 31st July 2018

Written by Mark Burns, Hopwood House

Up until recently, if you’d mentioned the name Cape Verde, you might have expected to hear the reaction “Cape Where?” from all but the most knowledgeable of travellers. Now, word about the island paradise is starting to spread to the mainstream, but investors who move quickly can still make the most of the fact that it’s yet to achieve the level of recognition is undeniably deserves. Here are three points you need to know.
Cape Verde is committed to the sustainable management of tourism
Once upon a time, Spain’s Costa del Sol was pristine. It still has its charms, but even its most ardent admirers would find it hard to dispute that it’s suffered not just from overdevelopment but from bad development. Similar comments apply to many established tourist destinations. They may still attract the mainstream market due to their affordability, but more affluent holidaymakers are increasingly looking elsewhere to places where development has been better managed. The government of Cape Verde has learned from the mistakes of others and is actively working to ensure that the affluent tourist market can access high-quality services, but in a way which preserves, rather than spoils, the charms of the island.
Cape Verde is safe, peaceful and clean
It would be nice to take this as a given for any holiday destination, but sadly that is very far from being the case and holidaymakers need to be realistic about it. Many established holiday destinations are suffering from the effects of either political turmoil or environmental issues (some of which may have been caused or at least exacerbated by tourism). Sadly, it’s becoming increasingly evident that some countries need to perform a major clean up of their environment (literally), before they can start to win back the tourists (who quite possibly were responsible for quite a bit of that mess) and they will also need to think about how they are going to manage tourism effectively to ensure that they do not get themselves into that situation again. Cape Verde has never let itself slide into a political or environmental hole, so it does not need to pull itself out of one and can capitalize on this in today’s tourist market.
Cape Verde has idyllic weather all year round
Many countries have a period of the year when their weather is particularly attractive to locals and tourists alike. Usually this is summer in the northern hemisphere and winter in the southern hemisphere. Some countries have both a summer and a winter season, typically with changeover, “transseasonal” periods in which the weather is not so good. Cape Verde is one of the very few places to have idyllic weather literally all year round. This is a huge benefit for many reasons, one of the most important being that it makes it possible to avoid the common situation where a location is crammed with tourists at certain times of year, sometimes to the point of frustration for visitors and locals alike, but almost completely empty at others. This in turn makes it possible to stabilize prices rather than having major peaks and troughs according to the time of year. 
For more information on property investment in Cape Verde, please contact Hopwood House.

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Editorial Contact Details - Conor Shilling
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