About Cape Verde
Lying off the coast of northwest Africa, Cape Verde is an island nation and an archipelago consisting of 10 volcanic islands. Though the island was largely uninhabited until the 15th century, it grew rapidly due to its role in the Atlantic slave trade. After the end of slavery, the nation saw a sharp decline in its economy. However, due to its strategic positioning favoring as a stopover in shipping routes, Cape Verde slowly experienced gradual growth along with a stable democracy. Due to lack of natural resources, industries such as tourism and other service-based sectors are the main contributors to the economy of the nation.
What makes Cape Verde unique?
There is something for everyone when it comes to the island nation of Cape Verde. Whether you are looking for adventure activities such as diving, surfing, snorkeling or you want to kick back and relax on the white sandy beaches, Cape Verde has a lot to offer to its tourists. Most of the islands in the nation are not densely populated thus becoming an increasingly popular travel destination in recent times.
Buying property in Cape Verde
Being one of the most developed economies of Africa, Cape Verde is a prime choice when it comes to property investments and real estate. The nation has a lot to offer in real estate ranging from beachside properties, houses, apartments, luxury villas, and much more. Compared to other developed and developing nations, property prices are relatively cheaper in the island nation. As there are not a lot of restrictions or laws regarding the purchase of property in Cape Verde, you can be the proud owner of your new home within a short span of time. Low prices, high potential for growth, and increasing demand in tourism are just some of the reasons why investing in property deals in Cape Verde can turn out to be a lucrative deal for you.