Cape Verde ‘improves property registration process’

People buying a property in Cape Verde are likely to discover that the process has become easier over the past 12 months.

According to the Doing Business 2012 survey published by the World Bank and International Finance Corporation, the country has made improvements to its real estate registration procedures.

The nation has introduced time limits for the land registry and notaries in a bid to speed the process up and prevent unnecessary delays, the research showed.

Cape Verde is now ranked 61st out of 183 nations when it comes to registering property, with the average amount of time it takes to carry out the procedure now 31 days.

Source: PropertyShowrooms.com

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