How to Buy Property in Cape Verde as a Foreigner

How to Buy Property in Cape Verde as a Foreigner: A Step-by-Step Legal Guide

For international investors looking to buy property in Cape Verde, understanding the legal process is essential. The archipelago offers a welcoming investment climate, stable governance, and strong property rights. This guide provides a clear, reassuring, step-by-step explanation of how to buy property in Cape Verde safely and confidently.

Understanding the Cape Verde Real Estate Framework

Cape Verde’s legal system is transparent and heavily influenced by Portuguese civil law. Foreigners enjoy the same property rights as locals, with no restrictions on land or home purchases. The process is straightforward but requires professional oversight for full security.

Key Legal Principles

No ownership restrictions for foreigners
Clear, centralized land registry
Mandatory notary validation for all transactions

À retenir : Always verify land registry records (Cadastro Predial) before signing any document.

Step 1: Selecting a Property and Conducting Due Diligence

Once you identify a property, your lawyer must confirm legal compliance. This includes checking property titles, existing debts, and land-use permissions.

Documents to Verify

Certidão de Registo Predial – official land registry certificate
Certidão Matricial – fiscal document proving tax registration
Proof of seller’s identity and ownership

Astuce : Request recent documents (issued within 30 days) to ensure accuracy.

Step 2: Signing the Promissory Contract

The Contrato de Promessa de Compra e Venda secures the transaction. At this stage, a deposit of 10–30% is generally required.

Main Elements of the Contract

Purchase price and payment schedule
Seller obligations and delivery timeline
Penalties for breach of agreement

You may also include a legal guarantee ensuring the property is delivered free of any encumbrances.

Step 3: Final Deed and Registration

The final step in buying property in Cape Verde is signing the Escritura Pública (Public Deed) before a notary. After signature, your lawyer registers you as the new legal owner.

Costs to Expect

IMT property transfer tax: 1–6%
Stamp duty: 0.5%
Registration fee
Legal and notary fees

À retenir : Registration makes the purchase legally effective and protects your ownership rights.

Key Advantages for Foreign Investors

Strong tourism growth and rental demand
Favorable tax environment
Stable political climate

For more information on national regulations, you may consult the official Cape Verde government portal: Cape Verde Government.

Next Steps for a Secure Investment

If you’re ready to explore opportunities and buy property in Cape Verde, professional guidance ensures full legal protection and a smooth process from start to finish.