01 Aug Just Another Reason To Invest Into Cape Verde
Since 2000, tourism has increased in Cape Verde by 115%, year on year. Annual visitor numbers are expected to reach 728,000 in the next ten years. This has been addressed by the government of Cape Verde actively promoting tourism by improving the infrastructure, and now three new international airports have been opened in the past 12 years, with daily connections to Europe, and even a weekly connection direct to Boston, USA. To meet this rising demand, a string of luxury hotels are currently being built, and by investing now you could ‘strike whilst the iron’s hot’.
Most holiday destinations have a ‘high’ and ‘low’ season. Not the case for Cape Verde since the temperature sits at around 25 or 30oC all year round. The weather here is milder than on the African mainland, about 350 miles eastwards; this is because the surrounding Atlantic Ocean cools the islands. This makes the island archipelago of Cape Verde the perfect getaway at any time of the year. The pristine white sand beaches and crystal clear waters certainly make Cape Verde an appealing holiday destination.
An Island Paradise
Cape Verde actually consists of ten islands, and eight smaller islets. The capital, Praia, is based on the largest island, Santiago, which also is home to most of the nation’s half a million inhabitants. But the two north easterly islands of Boa Vista and Sai are home to Cape Verde’s tourism. Sai has traditionally been the country’s main tourist hotspot, with several resorts already established there. But since the government has helped to open up the next island of Boa Vista, there are new resorts being built here. Now, you can discover why investors are buying at the White Sands Hotel & Spa.
A Guaranteed Return
Construction of the White Sands Hotel & Spa began in December 2015, and is due to be completed in 2018. If you purchase property there before the doors open next year, you can take part in their 12-7-5 option. To begin, you’ll be granted 12% assured returns up until the day the doors open at the hotel. After that, you’ll then receive a 7% guaranteed net yield for the following five years. Once the five years are up, you have the option to resell, if you so choose.
Since tourism in Cape Verde is increasing, you can be guaranteed a decent return on your property invested. You can easily see how an investment into Cape Verde is a smart move. The weather is perfect, and the government has been working hard to improve infrastructure over the past twenty years. This tactic appears to be working, since tourist numbers are up, and expected to rise even further. The island of Boa Vista is the next destination to open up, so investors are flocking in now to put their money in where they can be guaranteed an investment. An investment into the White Sands Hotel & Spa is a smart move because they offer a special 12-7-5 option to new investors before doors open next year in 2018.