Cape Verde Land For Sale - Vendita Terreno Capo Verde

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Due the current economic climate and the lack of credit there are real opportunities for land investors in Cape Verde. Cash is king as they say!

Whether you are a developer or an investor we can source land of all sizes on any island. There are still lots of up and coming areas were land is still very cheap.

The best way to describe the situation is probably to compare it to Spain 40 years ago. The development of these islands is beginning to gather pace and therefore it represents a great opportunity for investors.

Cape Verde gained independence from Portugal in 1975. Full democratic, multi-party elections took place for the first time in 1990, so it is only in recent years that the development of these islands has started to occur.

The key date is 1993, when the Cape Verde parliament voted to allow foreigners to have full rights of land ownership. Since then various legislations have been passed giving substantial incentives to investors, developers and companies in a range of industries.

The main reason why the development of Cape Verde is now beginning to gather pace is due to investment in infrastructure. In January 2005 the World Bank approved various credits for Cape Verde, for a total of approximately US$198M. Investment has also come from the European Union.

The investment in the transport infrastructure in Cape Verde is probably the most crucial factor for land development. New international airports in Sao Vicente, Boa Vista and Santiago have already made an impact. There even talk of a new international airport on Maio.