Why Demand for Luxury Cape Verde Real Estate Has Never Been Higher


It’s no wonder that today, the demand for luxury Cape Verde Real Estate has never been higher. Sitting 300 miles off the west coast of Africa, the tropical archipelago of Cape Verde is renowned for its crystal-clear waters, long stretches of golden sands and never-ending summer, making it one of the most popular tourist destinations in the world.

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Extensive Luxury Property Development Over the Last Decade 

Over the last ten years, a rising number of overseas property investors have been looking towards the stunning Cape Verde Islands for opportunities in the property. Global brands, too, have been attracted to the Cape Verdean shores. The new Hilton Praia, for instance, being built in partnership with The Resort Group PLC in the nation’s capital, pays testimony to the continued flourishing of the Cape Verde property development market.

“Cabo Verde is developing its reputation as a place to visit,” says Patrick Fitzgibbon, senior vice president of development, Europe and Africa, for Hilton Worldwide. “We are delighted to be expanding our presence here.

A Rising Tourist Destination

For private investors, the burgeoning travel and tourism trade presents a wealth of opportunity to capitalise on prime luxury Cape Verde real estate. Visits to the country have risen year-on-year, increasing 115% since 2000. Attracted by the Islands’ warm, year-round climate, cultural wealth and diverse landscape – these travellers want luxury accommodation.

Indeed, the World Travel & Tourism Council (WTTC) reports increased travel and tourism investment on Cape Verde for the past few years, and predicts it will rise by 8.6% per annum to CVE34.2bn in 2027.

Modernisation and Environmental Controls

Utilities, telecommunications and transport links have all been modernised in efforts that benefit both the tourism trade and the local population, and as the travel and tourism sector continues to grow, sustained employment opportunities are realised.

The country has also been named as one of the top 10 ethical travel destinations in the world, contributing to Cape Verde’s growing reputation as a travel destination of choice for many holidaymakers.

Luxury Cape Verde Real Estate – An Investor’s Dream

With new flight routes to Cape Verde being added all the time – air travel times from the UK are just 6 hours – access to the country for both investors and visitors is simple and direct.

With its burgeoning tourist economy, political stability, high ethicality, and ongoing modernisation, Cape Verde is not only proving to be one of the hottest travel destinations in the world, but an investor’s dream come true.

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