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buying a property in Cape Verde

Buying property in Cape Verde

Cape Verde

Cape Verde is an archipelago a couple of hundred miles to the west of Africa and has become a popular destination for both buying property and tourism generally. Each of the 10 islands that make up Cape Verde has their own distinct style and are surprisingly different from each other, ranging from tropical to desert islands. The ten islands are; Santo Antao, Sao Vicente, Santa Luzia, Sao Nicolau, Sal, Boa Vista, Maio, Santiago, Fogo and Brava.

Cape Verdian law is based on the Portuguese Legal system as Cape Verde is a former Portuguese colony. Therefore, unsurprisingly, many of the things that you would expect to happen in Portugal when you buy a property in Portugal also happen in Cape Verde.

To date most foreign interaction with Cape Verde and it’s law has been in relation to real estate and property, normally buying property off-plan or recovering investments in failed property purchases but as the market matures this will change to include the acceptance of inheritance, starting up businesses and the like.

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