Most people have never heard of Cape Verde, the African islands off the coast of Senegal. However, sunshine lovers from all over the world, particularly from Britain and Ireland, have recently begun trickling into the country and enjoying its natural beauty. Charmed by what they found, some have even invested in property.

“In the last three years, the property market has changed considerably; the new U.K. and Irish market has completely brought a new vision and cash injection into the country. There are now more new markets opening up such as Scandinavia, and other Northern European countries,” said Mimi Martel, sales manager of Imobrisa, a property developer located in Cape Verde.

About Cape Verde

Cape Verde islands are located in the Atlantic Ocean, 300 miles off the western coast of Africa. In the 15th century, Cidade Velha, the first tropical European city, was founded on an uninhabited Cape Verde by the Portuguese. Shortly thereafter, the islands became a hub for the transatlantic slave trade. In 1975, Cape Verde won its independence from Portugal and is now a middle income country.

Cape Verde’s economy is largely dependent on remittances and tourism. Remittances make up about 20 percent of the islands’ GDP, according to Lonely Planet. Tourism is a rapidly growing industry. As a tourism destination, the islands of Cape Verde boast a variety of attractions. Cape Verde has long beautiful white sand beaches, crystal blue waters and old colonial seaside towns such as Cidade Velha and Mindelo. Its landscape ranges from dry volcanic to lush green. Its people have taken bits of three cultures and blended them into something uniquely their own. “It has this raw beauty, African, Portuguese and Brazilian mix, which makes you feel that you are discovering a completely different world,” said Martel.

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Source: Nuwireinvestor