Catch a wave in Cape Verde

16-May-2007

In news which may be of interest to first time home buyers looking to purchase in an exotic location, Cape Verde may be attractive to property investors, it has emerged.

According to estate agent Noscasa, the archipelago benefits from idyllic weather conditions throughout the year and is a popular destination for those interested in water sports, which may interest first time buyer property investors looking for a holiday home.

Cape Verde, also known as the Republic of Cape Verde, is located off Africa's western coast.

Indeed, prices for one development range from €68,500 (£46,895) for a studio apartment, while the penthouse is available for €140,000.

"Cape Verde appeals to overseas property investors on many levels, not least because it's just five and a half hours from the UK on a direct flight," said Paul Akwei, managing director at Noscasa.

"[Additionally,] Cape Verde offers a fantastic opportunity for both beginners and experience surfers to enjoy the sport on a regular basis," he added.

To find out more about buying a property abroad to get onto the property ladder click here.

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