Tourism ‘helping Cape Verde property industry expand’

The growth in tourism in Cape Verde has helped the country's real estate sector grow, it has been asserted.

Writing for the Telegraph, Saundra Satterlee described the island of Sal as the "property hub" of the archipelago, which consists of ten isles.

She noted that much work is being done to improve the infrastructure on the islands, while there are several high-class developments where investors can purchase a property in Cape Verde.

There are many reasons why investors may feel comfortable investing in real estate assets here, not least that its rules relating to such transactions are based on the Portuguese model and are more comprehensive than the regulations in other countries in the region, Ms Satterlee explained.