Cape Verde – Sunshine, Beaches, No Hurricanes – What Else Do You Require? Money, Money?
Cape Verde presents an opportunity to invest in a country whose property market and tourism development are still in its infancy.
A growing and stable political and Socio-Economic environment provides the key to investing in Cape Verde. Its democratic government is supportive of direct foreign investment with a rapidly developing and adaptable local infracstructure. The currency Cape Verde Escudo is tied to the Euro.
It is looked upon by investors as an emerging market, comparable to Spain 15 years ago. Continued direct foreign investment, a tropical climate, growing demand for quality bedstock and the success of a new International Airport have and will continue to attract visitors to Cape Verde Islands.
Air links between Europe and Cape Verde are being boosted by the introduction of a 3 flights a week by Air Portugal. The move may help those keen on investing in Cape Verde, especially if they wish to combine this with investing in Portugal as well.
As for the climate: dry tropical with average temperatures ranging between 21C to 31C and water temperatures between 22C and 27C. 10 to 12 hours of daily sunshine for most of the year with no record of tropical storms or hurricanes , well known for its stable climate.
Its large, untouched expanses of white sand beaches are constantly washed by the clear warm waters of the Atlantic Ocean.
