Buying Land in Cape Verde: Investor Checklist

Investing in land in Cape Verde is increasingly attractive for international buyers seeking strong growth potential, stable governance, and an accessible entry point into the African real estate market. This expert guide provides a structured investor checklist to help you buy land in Cape Verde with confidence, avoid common pitfalls, and identify the best opportunities.

Why Buy Land in Cape Verde: Key Advantages

Strong Economic Stability

Cape Verde benefits from steady economic policies, a stable democratic system, and close ties with the European Union. This political and financial stability greatly reduces investment risk.

Growing Tourism Sector

The country has one of the fastest-growing tourism industries in Africa, attracting investors looking for land suitable for hospitality, residential development, or eco-tourism projects.

Low Entry Prices Compared to Other Islands

Investors can acquire substantial land plots at significantly lower prices than in comparable Atlantic or Mediterranean destinations.

Tip: Diversify your investment between emerging islands like Maio and more mature markets like Sal or Boa Vista.

How to Buy Land in Cape Verde: Step-by-Step Process

Define Your Investment Objective

Residential construction
Commercial or hospitality projects
Agricultural or eco-tourism initiatives
Long-term land banking

Verify Land Titles and Registration

Always check the land registry (Conservatória do Registo Predial) to confirm clear ownership and absence of disputes. Cape Verde has a digitized registry system that facilitates verification.

Conduct a Technical Due Diligence

Topographical survey
Access to utilities (water, electricity, roads)
Zoning and construction regulations

Sign the Promissory Contract

This preliminary agreement outlines the terms of the purchase and requires a deposit, usually between 10% and 20%.

Finalize the Deed and Register the Property

The final deed (Escritura Pública) is signed before a notary and then registered to secure full ownership.

Important: Always work with a licensed real estate lawyer to minimize risk.

Best Islands to Buy Land in Cape Verde

Maio

Known for untouched landscapes and major infrastructure investments, Maio is ideal for nature-based and long-term development projects.

Sal and Boa Vista

These islands attract tourists year-round and are suitable for hospitality or commercial development.

Santiago

The economic center of Cape Verde, offering urban infrastructure and diverse investment opportunities.

Legal and Tax Considerations

Foreign Ownership Regulations

Foreigners can acquire land freely in Cape Verde, with no nationality restrictions.

Taxes and Fees

Property transfer tax (IUP): approx. 3%
Stamp duty: approx. 0.5%
Notary and registration fees: approx. 2%

Construction Regulations

Ensure compliance with local building codes and request necessary permits from municipal authorities.

To Remember: Delays in approvals can occur, so always factor this into your project timeline.

Where to Find Verified Land Listings

Choosing reputable sources is essential to avoid fraudulent listings. A reliable option is to explore verified plots such as the one shown here: land for sale in Maio.

For official country information, you may also consult the government’s investment website: Governo de Cabo Verde.