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We welcome you to explore endless opportunities in our exceptional collection of properties for sale in Cabo Verde!
Cabo Verde, situated off the northwest coast of Africa, has steadily been gaining popularity as a holiday destination among Europeans and Americans. The archipelago's awe-inspiring beaches, quaint little villages, and amiable cheerful locals are enticing an increasing number of foreign visitors. This perpetually sunny island nation is an excellent choice for your vacation home. Whether you're drawn to the energetic towns like Praia or Mindelo, smaller villas on the remote, untouched islands, or premium ocean-front residences in sun-drenched Sal, the real estate market in Cabo Verde offers a plethora of spectacular holiday homes.
If you’re eager to buy a property in Cabo Verde, you probably have many questions about market trends, popular locations, and the process overall. You can rely on us for assistance!
Where to buy property in Cabo Verde?
Let’s discover where to shop for the best real estate in Cabo Verde
South coast: Sal Island
One of the favorite regions for foreigners is Sal Island, perfectly blending modern and traditional Cape Verdean culture. Towns like Santa Maria and Espargos offer exquisite beaches, beautiful estates, exemplary restaurants, and lively nightlife.
The most popular spot is Santa Maria, attracting you with over 350 days of sunshine per year. This renowned region offers prime properties in Cape Verde, from extravagant villas and high-end beach-front houses to affordable city apartments and cozy homes.
Eastern part: Boa Vista
This region is known for its calm desert landscapes, fascinating beaches, and vibrant life in Sal Rei. Are you searching for a Cape Verde property for sale within a limited budget? Boa Vista is where you should go to find bargain properties, captivating rural houses, and modern apartments with breathtaking views.
Central region: Santiago
In the central area, cities like Praia and Assomada, you will find a diverse expat community. The cosmopolitan region is renowned for its rich history, world-class museums, blooming culinary, and nightlife scene, and excellent homes for sale. However, if you can't steer away from the beach, consider moving to the coastal towns. There you can find charming city landscapes, beachfront townhouses, and historic properties for sale in Cape Verde.
Cape Verdean Islands
When buying real estate in Cape Verde, don't limit yourself to the mainland. The islands like Fogo and Sao Vicente are a perfect destination for a vacation home. These islands have a healthy climate, year-round sunshine, a relaxed lifestyle, and stunning natural beauty. Fogo island offers elegant villines and a beautiful volcanic peak, while Sao Vicente is famous for its cultural city Mindelo in the middle of the Atlantic Ocean. The property for sale in Cape Verde on the islands can be competitive, but there are many affordable and high-end options to fit any budget.
The average price of a property in Cabo Verde: Trends overview
Here is a list of average property prices per square metre in different regions of Cabo Verde according to the Instituto Nacional de Estatística (INE) and Ministerio de Transportes, Movilidad y Agenda Urbana. Santiago: CVE 80,000 - 120,000 per sq m Santo Antao: CVE 65,000 - 95,000 per sq m Sao Vicente: CVE 90,000 - 130,000 per sq m Fogo: CVE 70,000 - 110,000 per sq m Sal: CVE 95,000 - 140,000 per sq m Boa Vista: CVE 85,000 - 125,000 per sq m Maio: CVE 60,000 - 90,000 per sq m Sao Nicolau: CVE 55,000 - 80,000 per sq m Brava: CVE 50,000 - 75,000 per sq m Praia: CVE 100,000 - 150,000 per sq m These averages provide a snapshot of the property market in Cabo Verde, but prices can vary greatly depending on the specific location, property type, and a range of other factors.
No matter what your needs are, you may find anything that suits you as we offer a unique blend of style, comfort, and sophistication, promising a lifestyle beyond compare. So, discover your dream home and start the journey of homeownership that exceeds every expectation.
Frequently asked questions:
Is buying property in Cabo Verde a good investment?
Investing in property in Cabo Verde can be a highly profitable venture for numerous reasons. Firstly, Cabo Verde possesses a dependable and established legal system, which provides guarantees for property rights of both local residents and international investors. Secondly, given the country's flourishing tourism trade and steady population increase, real estate institutional investors can count on a consistent return from the rental market. Thirdly, Cabo Verde boasts an impressively low cost of living compared to many other holiday destinations, offering an economical alternative and an exceptional investment prospect. Lastly, the government's tax incentives for property proprietors make Cabo Verde's propositions for international investors even more attractive.
Which places in Cabo Verde have the most properties for sale?
Santiago and Sal offer a wide variety of housing and the highest number in the country. If you prefer a more central location, then choose Praia. The capital market is thriving with Cabo Verde property for sale.
Can a foreigner buy property in Cabo Verde?
Yes, a foreigner can buy property in Cabo Verde. However, it is advisable to hire a local lawyer to assist with the process as it can be complex due to differences in legal systems and language barriers.
Where are the cheapest areas to buy properties in Cabo Verde?
If you are looking for real estate in Cabo Verde at an astonishingly affordable price, consider regions like Santo Antao and Maio. They provide property that is cheaper than Sal and other popular destinations for real estate in Cabo Verde. Other budget-friendly areas include Praia, Santiago, and Boa Vista.
What is better to buy in Cabo Verde: a house or an apartment?
When considering buying property in Cabo Verde, one must weigh the advantages of a house versus an apartment. If you're looking for a perfect property with sea views, an apartment might be your best bet, as they're often located in key locations near the beach, such as the stunning white sand beaches of Sal Island. However, if you prefer the serenity of the mountains, a house might be more suitable for you and your family. Cabo Verde homes offer a range of properties in development, including villas and townhouses, which may be more suited to families than apartments.