The Cape Verde Islands are in the top 5 globally emerging markets, tourism in Cape Verde rose by 80% between 2001 and 2006. On the Island of Sal over night stays went from 549,000 in 2001 to 945,421 in 2006 and Sal Island attracted around 69% of those. All good news for those considering an investment opportunity.

These figures are increasing every year so rental income can be seen as hugely profitable as more and more tourists demand accommodation.

Renting a 2 bed apartment can cost up to €149.00 per night and figures rate that occupancy can be around 68% thus generating a gross income of €36,952 per annum. Even with expenses such as community fees, water and electricity you can expect to net an annual gross income of around €15,419.00.

Figures supplied by Tortuga Beach Resort and Dunas Beach Resort.

Contact us with any questions you have regarding buying property in the Cape Verde Islands.

UK Telephone: 0871 284 0035

Telephone: 00 34 922 748 313
Fax: 00 34 922 748 052
E-mail: enquiry@horizonpropertygroup.com
Website: http://www.cape-verde-island-property.com/