Cape Verde &Montana Roja &Property for Sale &Real Estate Agents 23 May 2007 02:24 am
Cape Verde Real Estate (Ponta Preta)
Cape Verde real estate is one of the most lucrative investment areas in 2007.
With residential property prices in Spain rising only 8.5 percent in the second quarter of 2006, compared to 14 percent in the same quarter of 2005, many investors are looking further south of the Canary Islands. Cape Verde now has numerous off plan and new development
opportunities, particularly in Ponta Preta on the island of Sal.
The Cape Verde Islands
Cape Verde (meaning Green Cape) is located in the Atlantic Ocean, about 640 kilometres west of Dakar, Senegal, on the African mainland.
It’s an African country that consists of 10 main islands and 5 tiny islands (Santo Antão, São Vicente, Santa Luzia, Ilheu Branco, Ilheu Raso, São Nicolau, Sal and Boa Vista, Maio, São Tiago, Fogo and Brava). The official language of Cape Verde is Portuguese. But most Cape Verdeans speak the national language, Crioulo.
It’s a stunningly beautiful archipelago with many stark contrasts. The islands have amazing tropical beaches – vast endless stretches of white sands, surrounded by impressive mountain peaks. You can practice all types of water sports here. It’s like a little taste of the Caribbean.
The islands all have their own unique character with each of them showing a cultural face as striking and varied as the geography of the archipelago itself.
Cape Verde is located in the subtropical zone. Average temperatures range from a cosy 24°C in January and February to a sizzling 29°C in September. The average annual rainfall for Cape Verde is 68.4 mm.
The Islands are fast becoming a top wave sports destination. Along with excellent surfing conditions, Cape Verde has beautiful sandy beaches, a perfect year round climate and restaurants, cafes and boutiques within a few minutes stroll. There’s no need to go all the way to Hawaii or Australia anymore.
With a year round warm climate, amazing beaches, hospitable people and a stable environment, this sleepy hide away offers an opportunity like no other to cut yourself off from the real world. The Cape Verde Islands are certainly shaping up to be the holiday hotspot of the year – the “New Canary Islands”.
Why invest in Cape Verde?
With the Spanish market becoming oversaturated and overpriced, the next obvious move for investors and homebuyers is to head further south. Cape Verde is the nearest tropical island destination for Western Europe and has very low property prices. Combine this with year-round sunshine, fantastic fishing and great water sports you get one of the most up and coming investment areas on the planet.
Getting here is easy. It’s just a 5½ hour journey from the UK and as interest in the archipelago increases steadily more and more direct flights are being planned. You can already fly directly from major European cities like Paris, Lisbon, Amsterdam, and Las Palmas and Gran Canaria.
The Cape Verdean Government is setting up a tourism infrastructure that will avoid the overbuilding and mass tourist boom that has plagued many other tourist destinations around the globe.
Property for sale in Cape Verde
Montaña Roja are one of the most well established real estate agents on the Cape Verde and have helped many homebuyers and investors find their dream homes or ideal investment. Being both a developer and real estate agency (without intermediaries), Montaña Roja can provide some of the most competitive prices on the market.
At the moment they’re offering one-bedroom, one-bathroom apartments for a little as £71.280 (€103.600) in their exclusive Ponta Preta development on the island of Sal.