Featured Resort - Dunas Beach resort, Cape Verde
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Basking in the sun just off the northwestern coast of Africa, Cape Verde is a glorious archipelago of nine inhabited islands boasting a colourful creole of African and European cultures.
In addition to its stunning location, Cape Verde is now well on the way to considerable GDP growth through international tourism, which is in turn creating a strong property market. This rapid expansion offers today’s investors outstanding opportunities.
After much research and deliberation, and also a long period of inactivity on the islands as far as the release of quality new product is concerned, we have identified what it consider to be one of the very best investments currently available to investors in Cape Verde. Dunas Beach Resort is a luxury, low density resort waiting for discovery on the island of Sal, just minutes from the main resort of Santa Maria.
What makes Dunas Beach Resort special?
In terms of budget, 299,950 euros will buy you a lovely 3 bedroom detached villa with private pool, while apartments start from just 125,000 euros. With rising growth figures, investors are safe in the knowledge that they are purchasing at the right price to reap welcome rewards. What is more, the island of Sal is the most visited of all the Cape Verdean Islands, so Dunas Beach Resort will enjoy outstanding profits from the surge in tourism set for the near future.
In 2006, Cape Verde’s national carrier (TACV) began direct services from the UK and tourists can now lap up the exotic delights of this, the nearest tropical islands to Northern Europe.
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Cape Verde property development is still in its early stages and, while prices at Dunas Beach Resort are currently at their lowest levels, NOW is definitely the time to invest. Massive development is underway in Sal, reflecting similar growth to that experienced on the Canary Islands some 30 years ago, although building regulations are in place to prevent this idyllic location becoming another concrete jungle. A simple calculation in comparison with the Canaries is giving the most investors the final push to take the plunge.
As always with worthwhile investments, you will need to be quick as prime units are selling fast and early entry is essential. However, this point is even more valid on Cape Verde today, due to the number of investors and homebuyers who have been waiting for this type of opportunity for some months. Demand currently far outweighs supply on the island of Sal, so holding back could be a costly mistake.
Views of the Island of Sal, Cape Verde
Click Photos to enlarge
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