Cape Verde Property to Grown and Grow

Described as the "hidden Caribbean" recently by a Lonely Planet author, Cape Verde's recent emergence as a favourite for overseas property investment has been almost completely fuelled by a massive increase in visitor numbers to the region.

Ron Hughes, proprietor of Cape Verde Travel, stated that the differing geography of the island attracts many different types of visitor, which should see tourism levels continue to grow.

Cape Verde offers fantastic white sandy beaches, as well as eco-tourism holidays, mountain walks, cultural life, music, and a rich history. It will also be boosted by the two new flights.

Overseas property portal Property Abroad recently named Cape Verde as the 10th most popular location in the world for those considering buying a Property Abroad for investment and as a holiday home.

Property Abroad have some fantastic properties in Cape Verde, including a fantastic studio on the island of Sal for just £23,370. The apartment block has the benefit of a lettings manager, securing strong rental usage all year round, and ensuring rental yields upwards of 5%.

Property Abroad are also advertising the fantastic Creola Sands; a beach-front development on Boa Vista, offering 1 bedroom luxury apartments from just £62,000. The apartments, which are on a fully equipped resort development with a pool and restaurant among many other amenities, come with letting management and a guaranteed rental yield of 5% for the first two years.

Property Abroad’s star Cape Verde property is a three bedroom, two bathroom beach-front villa in the Dunas Beach resort in Sal Island’s Ponta Preta resort area. Dunas Beach is a fully enclosed and secure luxury resort, right on-top of one of Ponta Preta’s finest beaches. Prices start from £209,966.

Property Abroad have many more fantastic properties in Cape Verde, throughout all regions and all price ranges. Find out more by visiting the site.

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Property Abroad Reveals Top-Ten Locations

Up and coming overseas property portal has revealed that America has become the second most popular both in terms of properties being viewed and properties being enquired about. Another surprise in figures released by Property Abroad is that Spain remains the most popular country in the world with those looking to buy overseas property. According to Property Abroad's traffic and enquiry figures, the top ten most popular destinations for those looking at buying overseas property is as follows:

Spain
America
Cyprus
Portugal
Turkey
France
Brazil
Italy
Greece
Cape Verde

Liam Bailey, Property Abroad's chief market analyst gave his thoughts on the figures:

"I know some people will be surprised by America being the second most popular country with those seeking an overseas property purchase, but not me. A few months back I saw the trend beginning, when A Place in the sun magazine listed America as climbing 7 places to 4th most popular in their overseas property survey. This was then because of American property prices plummeting at the same time as the dollar crumbled against the pound making American property purchase a particularly financially sound move. It seems this trend has not been affected by the two currencies going in the opposite direction. I suspect America has remained popular despite the currency u-turn, is because many American markets have bottomed out and are predicted to have v-shaped recoveries, investors are therefore buying while prices are low and planning to reap the profits."

"Another reason for America's popularity:" continued Bailey, "is the fact that many developers facing bankruptcy are currently slapping massive discounts on their properties to obtain quick sales, setting shrewd purchasers up for great profits when the market's they purchase bargains in recover -- which is inevitable if unpredictable. One thing I am surprised about however is Spain being number one most popular; surprised more by the fact that it shows there are still masses of British people looking at buying overseas property. Other than that, my guess would have had Turkey in 3rd, Cyprus in 4th and Portugal in 5th, and the rest is pretty much par for the course."

Find out more about the hottest overseas property locations in the world.

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