Thursday, April 05, 2007
Why The Cape Verde Islands Are A Top Investment Decision
British television's property darling Amanda Lamb may have ranked the Cape Verde Islands at number 12 in her top 20 Best Places to Buy in the Sun but the recent introduction of direct flights to the Cape Verde Islands is what is really going to get people moving to this stunning location.
Industry insiders such as Property Club International are already reporting an upturn in the country's emerging property market, thanks to the fact that potential investors to this excellent value location have had their formerly protracted journey eased significantly. Astraeus Airlines launched a weekly direct flight from Gatwick and Manchester to Sal Island, with Cape Verdean TAVC Airlines offering an alternative route between Birmingham and the new international airport at the country's capital Praia on Santiago Island.
"These islands are rapidly establishing themselves as a new and different destination with a number of environment-sensitive property and hotel developments taking place throughout the main islands in the group," said Jonathan Hinkles, commercial director of Astraeus. "It is, however, a relatively new holiday destination for discerning travellers – but has only previously been accessible by air via southern European or African airports, or by sea."
Until now, travelers to Cape Verde have had to fly via Amsterdam or Lisbon. Cape Verde, whose latitude is roughly that of the Caribbean, is now as accessible as the Canaries but property prices are much lower and, as such, the country is being touted by those in the know as one of the best emerging property markets out there. Get in there while you can!
Labels: Cape Verde, emerging markets, investment overseas, property abroad, property overseas, real estate