Buying Investment Property on Cape Verde

Cape Verde Real Estate

The Lei de Investimento Externo (External Investment Law) was introduced in 1993 and broadened and enhanced the existing legislation to attract private foreign investment into Cape Verde from non-Cape Verdean nationals. It includes a 5-year initial tax exemption and a subsequent tax reduction by 50% on corporate tax (currently 30%) for the following 10 years.

These incentives can be extended indefinitely, so long as adequate reinvestment is made.

Buying Property on Cape Verde

As the Cape Verde national language is Portuguese you should enlist the help of a sworn translator to translate all documentation.

Always ensure that you fully understand what you are signing.

Conveyancing on Cape Verde is very similar to the rest of Europe but you should appoint a local solicitor to help you through the buying process.

The solicitor will check ownership (there are some land disputes ongoing on Cape Verde), and check the plans to ensure you understand what is included in the asking price and ensure that there are no outstanding charges against the property.

Further information on Cape Verde Property Investment

LocalTown Halls in Cape Verde also act as a good information source for information about town planning. The final step is to register the deed with the Notary, called the Escritura.

Property Investment in Cape Verde
Buying Property in Cape Verde
Real Estate in Cape Verde the FAQs

If you are interested in buying any of the investment property featured on our site or require investment property advice, then please get in contact with us - our advice and time is free.

Please remember we only feature the best real estate deals so demand is always high for the investments we feature - so time is of the essence.

Contact us via our contact page or call on 0044(0)1382 738039 or 0034 951 31 91 91 or you can email us at info@ppinvest.co.uk.