The resurgence of Cape Verde - The ‘European Caribbean’

Prior to the global downturn and the credit crunch Cape Verde had an average air temperature of 26 degrees, average sea temperatures of 23 degrees with very little rain and stunning white sand beaches and turquoise sea. It was only a five and a half hour flight from the UK with no jet lag from Gatwick, Manchester and Birmingham. Surprise surprise this hasn’t changed! Now is a really good time to invest in Cape Verde with property prices having dipped in the last 18 months and with the pound +15% stronger against the Euro, buyers can take advantage of some great deals. Cape Verde TOPA (www.topa.co.uk), specialise in property investment in Cape Verde, the ‘European Caribbean’, selling to investors in the UK and elsewhere. In addition to the year round sunshine, Cape Verde has a democratic stable government and an economy which has continued to grow at 4-5% during the global downturn with inflation at 1.5%. The economy was recently assessed by the IMF – ‘Cape Verde’s economic and policy performance remains strong’. This stable economic background coupled with tourist arrivals increasing at an annual rate of 25 %t with a projected one million tourists a year by 2015 makes Cape Verde an ideal place to invest now. Infrastructure is improving, with new projects for wind and solar power and desalination plants, improving road systems and airports and ports being expanded. The buyer will see his investment mature as the infrastructure improves. TOPA have property to sell on most of the Cape Verde islands and stress that it is important for the investor to seek impartial advice from an independent broker like themselves. A single developer will only promote their product, and it is important to be able to compare properties on a like for like basis to ensure you make the best investment. TOPA will have done their due diligence and will be able to advise and guide on the whole buying process, and introduce you to solicitors who can act on your behalf and of course their currency partner, Currency Solutions. We can help arrange a visit and our staff will show you property that suits in a completely non pressured environment. We have property to suit everyone’s budget and goals from new top quality hotel managed resorts with guaranteed rentals to individual apartments and villas. We even have a villa development with a guaranteed rental and a guaranteed buy back exit strategy. You can buy a studio apartment from €27k, one & two bed ocean view apartments from €69k, a front line for bed penthouse from €198k, and front line villas from €500k and anything in between. If you are interested in learning more about investing in Cape Verde, the European Caribbean, then call Steve Eddolls or Elaine Hawkins on 01249 657766 or email info@topa.co.uk to get more information on the latest investment opportunities and to arrange a visit.