Cape Verde - The Smart Investors Choice

CAPE VERDE… Smart investors are making their moves more southern, hotter and definitely not in the EU!

Brexit Bites!

As Brexit realities bite, new second home leisure seekers are setting their sights further south. Quite apart from the fear that UK nationals owning properties within the traditional EU hot spots will soon have no real mechanism over than goodwill to defend them against a potential onslaught of third country taxation. The Easy jet/Ryan Air generation has made Southern Europe destinations humdrum, over-crowded, over-priced and very poor value for money with an equally dirty ocean to match.

Guaranteed Sun

The first thing that people have finally discovered is that Mediterranean winters can be equally cold and miserable as the UK. Indeed far worse inside the buildings as many do not have the same insulation as the UK. So they feel doubly damp, cold and unwelcoming.

Cape  Verde

Cape Verde, an archipelago of islands, 500 miles east of the Gambia does not suffer from that problem. The African Caribbean as it is affectionately known rests almost as a stepping stone across the crystaline more equatorial  Atlantic waters. They are an independent nation but in essence Portuguese.  Cape Verde offers charming fishing village atmospheres, endless sandy beaches, emerald waters, refreshing reliable winds and no nasty tax bills.

No wonder bankers on boards are flocking to their shores!  Properties are surprisingly good value with The Resort Group offering an excellent luxury hotel managed development from only £88,000.  At 7% rental guarantee for 3 years, the returns are pretty healthy too.  Earth, Wind, Water and Finance. Cape Verde is rapidly ticking the right boxes.

For more information, please contact Pedro Pereira at MEPM- ppereira@mepm-property.com

Take a look at the real estate in Cape Verde on offer with MEPM Property