The economic development of Cape Verde, one of the fastest growing emerging property markets, investment. In conjunction with Cape Verde joining the World Trade Organisation, WTO, there are various new projects planned for the Islands, including a new airport, and the port of Praia is being modernised and expanded. A great deal of money is coming in from overseas. Private sector investment from the US is expected to be high. Some investors regard it as a cheaper version of the Caribbean.

According to one expert, the government as well as private investors with million dollar stakes in Cape Verde foresee the likes of Sal, Boa Vista, Santiago and Sao Vicente becoming direct rivals to Caribbean islands for tourism and luxury real estate.

The property industry on the islands backs this up. There is a blueprint for the development of the islands to become direct rivals to the Caribbean. Everything is being done to ensure that Cape Verde, the closest tropical islands to the UK and Europe, becomes a high end, long-term, sustainable destination for tourism and luxury grade property

The Hilton Group is developing a sybaritic resort on Sal. They are marketing it as pure five star opulence and they are following hot on the heels of the American luxury hotel and leisure brand Nikki Beach which has already committed to projects on Sal.

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