When considering overseas property investment opportunities, it’s of vital importance that you choose a place that is easily accessible to tourists. The simple fact of the matter is that an empty property yields no rental returns. If you invest in an overseas property in a remote location with poor transport links, you’re going to find it very difficult to fill.
Another thing to consider is the frequency of the flights in and out of the country, as well as how close the airports are to your property, and from where in the world tourists can gain access.
If you’re simply looking towards overseas property from the position of making a lifestyle purchase, then perhaps these details will be of less importance to you. However, if you’re seeking solid returns on your overseas property investment, then you will naturally be relying on the tourist trade, which in itself, will only ever be as strong as the transport links available.
Cape Verde – A Rising Tourist Hotspot
In the Atlantic Ocean, 300 miles off the west coast of Africa, the tropical archipelago of Cape Verde has been enjoying a tourism boom over the last decade and a half. Attracted by the country’s year-round sunshine, pristine waters, glorious white-sanded beaches and no-stress lifestyle, since 2000, visitor numbers have been rising 115% year-over-year, and there’s no sign of this trend slowing anytime soon.
Over the years, the country has been investing heavily in boosting infrastructure to welcome more and more visitors from overseas. Back in 2005, there was only one international airport in Cape Verde – the Amilcar Cabral International Airport on the Island of Sal. But today, Sal’s airport is joined by the Aristides Pereira International Airport on Boa Vista, the Nelson Mandela International Airport on Santiago, and the Cesaria Evora Airport on Sa Vicente.
Now, visitors can travel to Cape Verde directly from London Gatwick, Birmingham, Manchester, Bristol and Glasgow, as well as a growing number of other European cities outside of the UK, which has opened up a huge new range of holiday and investment options– and those in the know are taking advantage of them.
According to airport safety company Aeroportos e Segurança Aérea, 2016 saw an 11.5% increase in passengers passing through Cape Verde airports, with the Island of Sal seeing the greatest increase – up 22% year-over-year – followed by Boa Vista, which saw passenger numbers jump 9.5%.
Fantastic Overseas Property Investment Opportunities at the White Sands Hotel & Spa
With visitor numbers rising so rapidly, it will come as no surprise to learn that the tourism sector is a major contributor to the Cape Verdean economy. And as the future continues to look so bright and prosperous for the country, developers are quite literally building upon that confidence, opening up new opportunities for overseas property investment.
On the Island of Boa Vista, a brand new, 5-star luxury development from the world-renowned The Resort Group PLC is quickly taking shape – the White Sands Hotel & Spa. A total of 835 luxurious properties are currently being made available to investors looking to tap into the stable and prosperous tourism market in Cape Verde.
As the country keeps working to improve its infrastructure and transport links, there has never been a better time to make an overseas property investment in Cape Verde. Indeed, Live and Invest Overseas recently ranked Cape Verde as one of the nine best places in the world to buy real estate overseas. And since The Resort Group PLC updated its fantastic investment model designed to offer long-term fixed returns for investors, Cape Verde overseas property investment has never been easier.
Cape Verde Overseas Property Investment Made Easy
When the doors open to paying guests, investors then receive a fixed return over the next three years. This provides the long-term, portfolio-strengthening security that every investor needs from an overseas property investment. On top of this, everyone who invests with us also has the opportunity to take advantage of our Hotel Management Programme.
Under the Programme, your amazing, 5-star property at the White Sands Hotel & Spa will be completely managed for you. Our trusted partners will be responsible for marketing your overseas property investment to millions of holidaymakers worldwide, through some of the world’s most reputed and recognised tour operators and travel agents. What’s more, all maintenance, cleaning and rent collections will be completely taken care of on your behalf, and you’ll still have the opportunity to use your property as your very own holiday home in the sun for up to five weeks every single year.
This option creates the perfect balance between generating initial fixed returns and enjoying all the benefits of a lifestyle purchase. Indeed, there’s more than one reason why so many thousands of people are flying into Cape Verde year after year and our fantastic and proven investment model allows to capitalise on the country’s popularity and make the very best of it for yourself as well.
If you’d like to learn more about the overseas property investment opportunities available at the White Sands Hotel & Spa in Cape Verde or are interested in booking a “Try Before You Buy” VIP Investor’s Tour of the development, get in touch with us today.