Real estate acquisition in the Cape Verde archipelago encompasses a variety of options, from apartments and villas in bustling tourist areas to undeveloped land parcels in more secluded locations. This diverse market caters to various needs and budgets, ranging from holiday homes and investment properties to permanent residences. For example, a buyer might seek a beachfront condominium on Sal Island for personal use and rental income or invest in a plot of land on Santo Anto for future development.
Investing in the Cape Verdean real estate market offers several potential advantages, including access to a growing tourism sector, stable political environment, and favorable tax incentives for foreign investors. Historically, the archipelago has witnessed significant growth in property values, driven by increased international interest and infrastructure development. This upward trend presents an opportunity for capital appreciation and potential rental income. Furthermore, owning a property in Cape Verde can simplify the process of obtaining long-term visas or residency permits.