Why Buy Property in Boa Vista?
Choosing to buy property Boa Vista is increasingly popular among international investors seeking stability, natural beauty, and strong rental potential. Within the first 100 words, it’s essential to understand that Boa Vista is not only a paradise of dunes and turquoise waters but also one of Cape Verde’s fastest-growing real estate markets.
Boa Vista offers a reassuring environment for buyers thanks to its stable political system, safe lifestyle, and government incentives for foreign investors. The island's expanding tourism sector provides consistent demand for holiday rentals, making it attractive for both lifestyle seekers and investment-oriented buyers.
Understanding the Boa Vista Real Estate Market
A Growing Tourism Hub
The island of Boa Vista has undergone significant development in recent years, driven mainly by tourism. Its pristine beaches and luxury hotels attract travelers from Europe year-round. This flourishing tourism economy creates consistent demand for vacation rentals.
Types of Properties Available
- Beachfront apartments
- New-build villas
- Resort-managed properties
- Plots of land in developing areas
Compared to other islands, Boa Vista offers a mix of modern developments and off-plan opportunities, making it ideal for both long-term investors and second-home buyers.
How to Buy Property Boa Vista: Step-by-Step Guide
1. Choose the Right Location
Boa Vista offers several investment-friendly zones:
- Sal Rei: perfect for apartments and lifestyle buyers
- Chaves Beach: ideal for luxury villas and high-end tourism rentals
- Santa Monica: a rapidly developing coastline with long-term potential
2. Work With a Local Real Estate Expert
Many investors prefer guidance from professionals who understand local regulations. For more insights, explore our dedicated island resources such as our buy property Boa Vista guide.
3. Legal Requirements
Cape Verde allows full freehold ownership for foreigners. The purchasing process follows a clear legal structure:
- Sales Agreement (Promissory Contract)
- Due Diligence
- Final Deed Signature
- Registration of Property
The notary system is transparent, and legal fees remain reasonable compared to EU standards.
4. Taxes and Fees
The overall transaction costs typically include:
- IMPOSTO DE SELO (Stamp Duty): 0.5%
- Property Transfer Tax: around 1–2%
- Legal Fees: variable
Living in Boa Vista: What to Expect
Climate and Lifestyle
Boa Vista is known for its year-round warm climate and relaxed lifestyle. Whether you're planning to retire or invest in rental property, the island offers modern comforts while maintaining its authentic charm.
Cost of Living
The cost of living is moderate compared to other international island destinations. Imported goods can be more expensive, but local services and fresh produce remain affordable.
Healthcare, Services, and Infrastructure
The island has improved its infrastructure with better roads, medical services, and tourism facilities. For official information on infrastructure and government initiatives, you can consult the Government of Cape Verde's website: www.governo.cv.
Best Areas to Buy Property in Boa Vista
Sal Rei
The island’s main town offers a balance between convenience and coastal charm. Sal Rei is ideal for those looking for:
- Restaurants and cafés
- Easy access to services
- High rental demand
Praia de Chaves
Known for luxury developments and breathtaking beachfront villas, this area is perfect for investors seeking exclusivity and high-yield rentals.
Santa Monica
Still developing, Santa Monica offers long stretches of untouched beach and significant long-term investment opportunities.
Should You Buy Property in Boa Vista?
With stable economic growth, rising tourism, and an investor-friendly environment, Boa Vista offers a strong combination of lifestyle benefits and revenue potential. Whether you are seeking a holiday home or a rental investment, the island provides an excellent balance of affordability and long-term security.
To continue your research, explore additional guides available on our platform to better understand the opportunities Cape Verde offers.
