Cape Verde Information for Tourists and Resident Expats

Everyone wants to invest in the tourism and property investment hotspot of Cape Verde. Spain is to become the biggest investor to date with a 220 million euro project in the island of Boa Vista, featuring a 2,000 room hotel.

The deal is a joint venture between the tourist development society of Cape Verde, and Canary Islands consortium Bucan, which includes hotel chain Riu and Cabocan, who already have investments on Sal island.

Boa Vista, which means good view, may be a mere 820 square kilometres but is packed with tourist attractions such as sand dunes and a shallow ocean, ideal for swimming, plus 55kms of beaches. This new investment will really benefit the whole island as it will include a new road linking the north and south of the island, work will begin in April 2008.

Other infrastructure projects will include the supply of water and electricity across the island, renewal projects for rundown areas and new sanitation. The work will carry on through to 2020 and total investment could rise to 600 million euros.

The Rui hotel group is Spanish owned and has lots of experience in the tourism industry. The 2,000 room hotel will be their flagship in the island but they also plan to build a 500 room hotel.

Demand to visit Cape Verde is at an all time high as potential property owners fly out to experience the unspoilt charms of the island. Direct flights from the UK are steadily increasing and with such a diverse choice of 10 islands, each with it’s own character, the stampede to invest shows no sign of slowing down.

Real Estate Agents in Cape Verde

Montana Roja
Horizon Property Group
AIP Group
Cape Verde Invest

Blogs in Cape Verde

Property in Cape Verde
Cape Verde Estate Agents

 

Search for hotels in Isla de Sal, Cape Verde

 

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