Buying Investment Properties on Cape Verde
FAQ´s on Cape Verde
•
Why Cape Verde? Because Cape Verde is a beautiful new holiday location and property prices on Cape Verde are at present
very low and are bound to rise, offering a high potential investment return.
• What is available on Cape Verde? Modern studio apartments built to high European standards, with fitted kitchens,
nice bathroom and fully furnished.
• What´s the weather like in Cape Verdee: Pretty much perfect, with a temperature range of between 22-29 C,
occasionally rising into the low 30´s C. Rainfall in Cape Verde fills only in late August and September. A gentle cooling breeze softens
the warmth of the sun.
•
Who lives in Cape Verde? Cape Verde has young population of Portuguese and African origin. Italian, French, German, a few
British and other European holidaymakers.
• What language is spoken in Cape Verde? Portuguese and a local “Creolo”. Italian is also spoken, and
Spanish is readily understood. English is increasingly understood.
• What is the currency in Cape Verde? The Cape Verde Escudo, but Euros and US Dollars are accepted everywhere. The
Escudo is permanently linked in value to the Euro.
•
What kind of a State is Cape Verde? It is a functioning, stable democracy with 73% level of literacy. It is definitely
poor, with few resources, and this is why tourism and overseas investment is being encouraged.
• Sal Island, Cape Verde : Sal is the most developed island with good infrastructure, reliable water supply, hotels
and restaurants, a beach club and an international reputation for water sports especially wind surfing.
• The Culture on Cape Verde: An interesting mix of Portuguese and African, with a strong musical tradition led by
the famous singer Cesaria Evora.
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