News: Cape Verde flights boost

Tue, 06 Nov 07

Cape Verde property investors have been handed a major new boost...

Property investors looking for opportunities in one of the most exciting emerging property hotspots have been buoyed by the of a new airport opening on the island of Boa Vista in Cape Verde.

Boa Vista International Airport was opened by Prime Minister José Maria Neves as part of the Government’s strategic programme to enhance the local infrastructure and improve accessibility for the tourist industry.

This offers a further prospect for property investors looking for opportunities on the Islands, which have already caused a stir with low entry costs, potential for high rental yields (up to 9%) and forecasts of strong capital growth recorded at over 10%.

Stuart Law, Chief Executive of Assetz, comments:“This new airport is fantastic news for Boa Vista which has become much more accessible, especially for buyers and investors coming from the UK. It is certain to have a positive impact on capital growth and rental values in an area of the world that is already generating a lot of interest.

Cape Verde exhibition

Meanwhile, Investors interested in Cape Verde should head over to the London on Thursday. Cape Verde Property Ltd and FM Developments are offering the chance to learn about the exciting second home and investment opportunities available in Cape Verde at the London Threadneedle Hotel on November 8th 2007 from 2pm with a presentation at 6pm and canapés to follow.

The presentation will demonstrate how you can turn a good investment into a great one, save on tax and control your risk.

Adrian Lillywhite, MD of Cape Verde Property Ltd, comments, “Since we first started operating in this market in 2004 we have seen interest rise steadily year on year. Cape Verde is truly an emerging market offering both second home owners and investors exciting opportunities to purchase affordable frontline real estate off-plan.”

Visit the Cape Verde Property Exhibition on Thursday 8th November at the Threadneedle Hotel, London for exclusive discounts.

To find out more: visit http://www.capeverdeproperty.co.uk.

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