Buying Property in Santa Maria: Prices & ROI

Investors looking to buy property Santa Maria focus primarily on strong rental demand, stable political conditions, and high tourism-driven yields. Santa Maria, located on Sal Island in Cape Verde, continues to attract European travellers year-round, making it one of the most profitable spots in the archipelago.

Why Santa Maria Is Dominating Cape Verde’s Real Estate Market

Tourism Growth as a Profit Driver

With over 1 million annual visitors, Santa Maria remains the top-performing tourism hub of Cape Verde. Continuous growth in international arrivals supports:

High rental occupancy rates
Long-term value appreciation
Stable seasonal income

À retenir : Santa Maria consistently delivers some of the highest tourism KPIs in West Africa, directly impacting property income strength.

Property Prices in Santa Maria

Current Market Benchmarks

Property prices have shown year-on-year growth fueled by international buyers. Average price ranges include:

Beachfront apartments: €2,800–€3,500/m²
Premium developments: €3,500–€4,200/m²
Standard apartments: €1,900–€2,600/m²

These values remain below European coastal averages, offering room for appreciation.

Internal Link Opportunity

To explore additional opportunities beyond Santa Maria, visit our guide on buy property Santa Maria.

ROI Expectations for Investors

Holiday Rentals

Short-term rentals tend to generate the highest yields due to tourism-driven demand. Key performance indicators include:

Average occupancy: 70–85%
Daily rates: €65–€120 depending on season
Gross rental yields: 7–11%

Astuce : Properties within 300 meters of the beach experience up to 20% higher occupancy.

Long-Term Appreciation

Market forecasts supported by regional development reports suggest a steady price increase of 4–6% annually, driven by infrastructure upgrades and limited coastline availability.

Legal & Regulatory Security

Cape Verde offers one of the most secure property acquisition frameworks in Africa. Transparent land registry systems and foreign ownership rights are strengthened through government oversight. For administrative reference, see the official investment framework at Governo de Cabo Verde.

Should You Invest in Santa Maria?

Investors seeking strong ROI, stable rental revenue, and long-term appreciation will find Santa Maria one of Cape Verde’s most resilient markets. With consistent tourism flows and accessible entry prices, the city remains a top-tier strategic choice.