The Cape Verde property market is rapidly gaining attention from international investors seeking prime opportunities in a thriving yet underexploited market. This emerging real estate hotspot is underpinned by a growing tourism sector, a stable political environment, and investor-friendly regulations, which together create fertile ground for property buyers and developers.
One of the primary attractions of the Cape Verde property market is its strong, steady demand driven by an expanding tourism industry. Tourism accounts for about 25% of the country’s GDP and continues to grow robustly, with projections of 10–15% annual growth in visitor numbers. This tourism boom fuels the desire for holiday homes, luxury resorts, and rental properties, particularly across popular islands such as Sal, Boa Vista, and São Vicente. These islands boast stunning beaches, a warm year-round climate, and improving infrastructure, making them highly desirable destinations for homeowners and investors alike.
Moreover, Cape Verde’s government actively supports foreign investment through streamlined property ownership processes and attractive tax incentives. Foreign buyers face no restrictions on property ownership, and those investing at least €80,000 are eligible for permanent residency an appealing benefit for international investors looking to combine property ownership with lifestyle advantages. These policies make purchasing in Cape Verde accessible and enhance long-term capital gains potential amid rising property values.
The Cape Verde property market also benefits from a transparent legal system modelled on Portuguese law, providing reassurance through international investment treaties that secure property rights. Additionally, ongoing government initiatives aim to diversify the country’s economy beyond tourism, investing in renewable energy and technology sectors that promise sustained economic growth and ancillary benefits for real estate investors.
With property prices currently on an upward trajectory but still affordable compared to more saturated markets, Cape Verde offers excellent value for money. The islands’ blend of natural beauty, political stability, and economic resilience makes them a compelling choice, particularly for those looking to diversify portfolios with international real estate.
In summary, the Cape Verde property market stands out for its growth potential, welcoming investment environment, and lifestyle appeal. Whether acquiring a holiday home, a rental property, or a development asset, Cape Verde’s evolving market presents promising returns wrapped in stunning island vistas and year-round sunshine.