Buying an Apartment in Boa Vista: What to Expect

When you plan to buy an apartment in Boa Vista, you enter one of Cape Verde’s most promising real estate markets. Boa Vista offers steady tourism, strong rental yields, and a stable political and economic environment. This guide explains what to expect when purchasing property on the island, from market insights to legal steps, investment strategies, and local lifestyle considerations.

Why Buy an Apartment in Boa Vista

A Growing Tourism Market

Boa Vista attracts thousands of European tourists each year thanks to its turquoise waters, desert landscapes, and high-end resorts. This tourism growth supports a robust rental market.

Strong Investment Potential

High demand for holiday rentals
Stable political and economic climate
Euro-pegged currency offering financial stability

À retenir : Boa Vista is one of the safest and most stable real estate destinations in Africa, with long-term growth potential.

Steps to Buy an Apartment in Boa Vista

1. Property Search

Explore different neighborhoods such as Sal Rei, Estoril, and Cabral. Each offers unique advantages, from beachfront access to high rental demand.

2. Due Diligence

Your lawyer verifies property titles, ownership, and documentation. Cape Verde has a transparent legal system, but expert guidance ensures safety.

3. Signing the Promissory Contract

This document reserves the apartment and outlines the terms of sale. A deposit of 10–30% is typical.

4. Final Deed

The final deed is signed before a notary. Once registered, you officially become the owner.

Costs to Expect When Buying

Notary fees
Property registration fees
Legal assistance
Agency commissions

Astuce : Budget an additional 3–5% of the property price for transaction costs.

Living and Investing in Boa Vista

Owning an apartment here offers a relaxed lifestyle, warm climate, and excellent rental potential. For more insights, visit the Government of Cape Verde website for official information.