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Cape Verde Homes

Luxury Townhouses in 2009

NEWS ALERT: Exclusive Luxury Townhouses are soon to be built with the most stunning ocean views in Sao Vicente. Spacious 3 bedrooms, 3 bathrooms with 2 En-suite and infinity pool. Be sure to complete the Property Form for more details and read more on Sao Vicente. These Townhouses are believed to double in value by 2011 when the International Airport will be open. Alternatively, you can request a property pack by calling our UK Office on 0208 517 8856.

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Q. What are the opening times in Cape Verde?

A. On public holidays and on Sundays, everything closes. Shops open Monday - Friday 08.00/08.30 – 12.00/12.30 and reopening 14.00/14.30 – 18.00/18.30. Many shops are often shut in the afternoon and on Fridays they often close a little earlier.

Q. What is the population of the Cape Verde Islands?

A. Cape Verde has a population of 440,000.  Population growth is 2%.  The average age is 23 years old.  The population is spread through the islands with approximately half the population on Santiago (mainly in the capital Praia).  The other main populated centre is Mindelo on Sao Vicente.

Q. Are children welcome on the islands?

A. Children are welcome everywhere as the Cape Verdeans love, and take excellent care of their young ones. They will love playing on the beaches and some of the hotels have small play areas and sections of the pool for children (largely unsupervised). However, with the exception of the Riu Funana and Garopa, there are few organised activities for children.

Q. What are the Transfer times like?

A. As the Islands are small, generally speaking the transfer time from the airport to your hotel will average 20 minutes.

Q. Will I need Medication?

A. Vaccinations are not required to visit the Islands.

Q. Can I leave my car at the Airport?

A. Conveniently located car parks are available at all airports, which offer a free 24-hour transfer service to and from the airport terminal.

Q. Where can I get extra safety information about the Cape Verde?

A. The Commonwealth Office is packed with essential tips, travel advice and up-to-date country specific information.

Q. Room check-in and out times

A. The standard international practice is to let rooms from midday to midday. However times do vary and as a general rule rooms are available from 3pm on arrival, with you being asked to vacate your room by 10am on the day of departure.

Q. Can I use my mobile phone?

Mobile phones do work in Cape Verde (except pay as you go) however calls can be expensive. A cheaper option is to buy a pre-paid SIM card for your phone on arrival in Cape Verde and be given a local number.

Q. If 'Verde' means green, are all the islands green?

A. No, due to low rainfall and years of drought many of the islands are very dry and barren with little or no vegetation. Parts of Santo Antão, Santiago and Fogo are the exceptions with mountainous areas that are lush, with tropical plantations of crops and fruit.

Q. Do I need a visa to visit the Cape Verde Islands?

A. A passport is required for entry into Cape Verde, valid for at least 6 months after your date of arrival back. All Nationals require a visa to enter Cape Verde issued on arrival in Sal.

Q. How does the visa work?

A. The visa takes the form of a stamp from immigration on arrival in Cape Verde. All British nationals require a visa to enter Cape Verde.

Q. Do you have to take Malaria tablets?

A. No, there is no malaria present in Cape Verde with the exception of Santiago during September to November. If you are visiting Santiago during these months please check with your Doctor for the latest advice.

Q. How much building work is happening?

A. This really depends on which island you are travelling to as some islands have very little building work and on others there is a fair amount.

Q. Can I take day trips to other Islands?

A. There are day trips from Sal to Santiago, Boa Vista, Fogo and São Vicente, this can be booked prior to arriving or during your stay.

Q. What's the weather like?

A. The temperature does not vary much year round and stays between the mid and late twenties. There can be strong winds so humidity is low however severe asthma sufferers should not travel between February and April due to dust in the air from the Harmattan winds.

Q. What clothing should I take?

A. Most hotels and restaurants are fairly informal although some prefer gentlemen to wear long trousers in the evenings. If it is windy in the evening it can feel quite cool, so taking a sweater is advisable.

Q. What is the currency and where can I get some?

A. The currency is the Cape Verdean Escudo which can only be obtained in the islands. Euros are widely accepted throughout the islands but credit cards are not. Please be aware the charges for changing travellers cheques can be quite high.

Q. Are Euro's, Escudos or Travellers cheques best?

A. If you are travelling to Cape Verde it pays to know which form of money works best. Euro's - work fine on Sal but are not widely accepted across all the islands.  Also the Euros are classed as 100 Escudos.  Therefore, as the exchange rate is actually 110.265 - you are losing over 10% of the value of your money. Travellers cheques are usually exchanged into Euro's.  You may not find exchange places readily available across the islands. By far the best way is to change up monay to local currency.  It is straight forward at banks and there are cash machines available on most of the islands which will dispense Escudos. (Cirrus & Maestro Cards).

Q. What is the currency & exchange rate in Cape Verde?

A. The currency is the Cape Verdean Escudo and the exchange rate is fixed to the Euro at a rate of €1 = CVE 110.265

Q. Is it safe to go out at night?

A. The crime rate in Cape Verde is low although it has increased slightly in the last year. As in all destinations, especially in the larger towns, we advise you to exercise caution and not show valuables or large amounts of cash.

Q. What are the local restaurants like?

A. Again this depends very much on the island. In Santa Maria on Sal and Mindelo on São Vicente there are some very good restaurants in and outside the hotels. A selection of Creole, Portuguese, international and seafood will generally be on the menu, however service can generally be a little slow. On other islands such as Boa Vista and Santo Antão, there are only a few restaurants with no specific menu, only the special of the day.

Q. Can foreign nationals own property in Cape Verde?

A. Yes, foreign nationals are free to purchase property in Cape Verde. The Islands positively welcome foreign investment as a means to create a sustainable growing economy through job creation and resulting capital revenues. Cape Verde welcomes private foreign investment as a way to create a sustainable growing economy through job creation and capital investment and thereafter through the collection of tax revenues.

Q. Why should I choose Cape Verde?

A. Because today Cape Verde is one of the top investment hotspots of the world, it is currently undergoing huge development in its tourist infrastructure. Property prices are currently very low and are sure to appreciate as Cape Verde begins to establish itself as a top international holiday destination with direct flights from the UK set  in 2006.

The 'Lei de Investimento Externo' ('External Investment Law'), introduced in 1993 includes a 5-year initial tax holiday to foreigners purchasing property in Cape Verde, and a subsequent tax reduction of 50% on corporate tax (currently 30%) for the following 10 years. These incentives can be extended indefinitely, so long as adequate re-investment is made.

If you invest in tourism, an exemption is also granted on import duties for materials necessary for construction and installation of projects. All net revenues are guaranteed full transference out of Cape Verde and foreign currency bank accounts are widely available.

Q. What is the economic and political situation?

A. Currently on the brink of an economic boom, Cape Verde is investing heavily in tourism, creating a perfect environment for profitable returns on investment within this emerging market. A healthy tourist industry is regarded as the main driving force for economic development and investment potential.

According to the United Nations Development Programme, in 2003 and 2004, Cape Verde was a middle-income country, with the fourth highest Human Development Index (which takes into account various factors, such as GDP per capita, life expectancy, adult literacy, education etc.) of all African nations behind only the Seychelles, Mauritius and Tunisia.

The National Development Plan (NDP) in areas such as transportation (air, maritime, inter-island and road) as well as communication, banking, health, electricity, water, sanitation provision and professional training are being developed and these further increase investor confidence in Cape Verde and boost economic growth. Cape Verde continues to be one of Africa's most stable democratic governments.

Cape Verde supports macroeconomic and reform policies recommended by the IMF and the World Bank. Policies are in place to control public spending, reduce domestic debt, privatize companies and improve social services. All political parties are determined to attract foreign private investment, particularly to the development of the tourism sector.