Research has suggested that the Canary Islands are increasingly popular with overseas property investors and buy to let properties are doing incredibly well, as a result, popularity amongst property investors has soared.

Palm Mar in Tenerife is amongst the top ten for investment opportunities followed by Caleta de Fuste in Fuerteventura. Costa Teguise in Lanzarote is also highly rated and appears in the top 70 most sought after locations.

One of the reasons that the Canary Islands are so popular is that the weather is constant all year round, not ridiculously hot, but very warm and tourism is on the increase.

The downside of this is that  properties in Tenerife tend to be higher than some of the new emerging markets but the Canary Islands have a reputation as a holiday resort so making the Islands much easier to market  and holiday rentals are very popular.

To read this article in full click here

Horizon Property Group are delighted to announce their new office has opened in Sal, Cape Verde. It is managed by Colin Mentis who has recently taken up residence on the Island and will be working with Nerida Nunes who is Cape Verdian and will be working alongside Colin in administration. With Nerida being a local from the islands she has a superb knowledge of Cape Verde and can answer any questions that you have on the area, customs, places to visit, places to eat and culture.She speaks English, Spanish, Portugese and Creole.

Colin, who has worked in the media for a number of years in the United Kingdom says “I am looking forward to the challenge that Horizons clients have set me, finding them a perfect property to match their wants and needs, in a fantastic location.”

Mentis, who owns up to being 21(ish), but looks so much older, and Nerida, who is so much more attractive, will be able to guide you through the buying process whether you are looking for an investment property or a permenant home on any of these beautiful Islands.

Pop into the offices for a chat about your requirements:

Casa 1 de Junio, Local 1,

Bajo Pensao Los Alizeos,

Santa Maria,

Sal,

Cape Verde
Tel: 00 238 242 2032

E-mail horizonsal@horizonpropertygroup.com

Cheap rate UK telephone number 0871 221 8320

The Government of Cape Verde has commissioned an initiative, Cabo Verde Iniviativ SA (CVI) to protect overseas property investors who have bought property on the Islands. The Government hopes to avoid mistakes made in other property hot-spots around the world.

They hope that this move will ensure further growth within the tourism sector.

Any companies within the CVI umbrella will have to follow a strict code of conduct, removing any risks in dealing with unreliable suppliers.

CVI work closely with the travel industry in Europe and are putting the finishing touches to new tour operation aimed at making Cape Verde Islands a number one tourist destination, really good news for investors.

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The Leeds Building Society, which has had a branch in Gibraltar since 2002, has announced that they are branching out and opening new offices in Spain and the Canary Islands. The Society offers sterling and Euro mortgages to Gibraltarians, UK expatriates and UK residents to buy homes or to arrange refinancing of existing mortgages.

Simon Murphy has been appointed Business Development Manager for the area. He will cover the Costa del Sol, Canary Islands and Gibraltar. He has worked as a Mortgage Business Developer for Langtons Spain (Independent Financial Planners), where his role included giving mortgage advice to expat clients on purchases and remortgages in Spain.
On his appointment Simon said, “I have a successful business development background, enhanced with qualifications and knowledge of financial services.

“Leeds Building Society is the UK’s seventh largest Building Society with a fantastic set of products, and I look forward to meeting as many staff as possible within the business and developing my career through the extensive training and development programme offered by the Society.”

You can speak to Simon on telephone number - (0034 6466 89947) or email him at smurphy@leedsbuildingsociety.co.uk

You can also email Spain@leedsbuildingsociety.co.uk for Decisions in Principle or general information.

More information, please click here:

Although you may be stocking up on suntan lotion for your summer holiday, only the incredibly organised are able to see as far ahead as where they want to be for their winter holiday

Monarch airlines have announced plans to increase their number of flights from Birmingham and London Luton, both airports are running more services to Tenerife and Lanzarote in the Canary Islands. Demand for travel to the Canary Islands in particular has always been high in winter and Monarch are issuing 15 per cent more seats than last year from Birmingham and 10% from London Luton.”

Flights are available for winter 2008 - 2009 and are available to purchase now. For more information, click here:

Apartments Play Azul, Las Americias, the liveliest, most vibrant resort on Tenerife, has a total of 125 apartments divided in 3 buildings, elevators and reception are in the main building. A fantastic resort if you are considering buying a property with superb rental potential.

A choice between studios, one bedroom and two bedroom, spacious refurbished apartments, semi independent kitchen with electric hob, oven, fridge, microwave, toaster and kettle; large lounge area fully furnished with TV; balcony with sea, pool or mountain views.

Resort offers large swimming pool and kiddie’s pool, poolside bar and garden areas. Situated in the center of Playa de las Americas, only 200m from the beach.

There is an 18 hole golf course situated between Playa de las Americas and Los Cristianos. Playa de las Americas comes alive at night offering shows, night clubs, bars, restaurants to suit all tastes and off course the Casino.

From only 100,000€ (71,430GBP approx) you can expect to generate from €220 per week for a studio apartment up to €400 per week for a two bedroom apartment.

For more information about income and expenditure, click here:

The following Thomson Flights are available for Gatwick airport to Sal and Boavista, Cape Verde, from April 2008 until April 2009

Gatwick to Sal

31/03/2008 to 20/10/2008

Flight Number: TOM1883: Monday. Depart: 09.40. Arrive: 13.20

04/04/2008 to 25/04/2008

Flight Number: TOM 2447: Friday. Depart 11.00. Arrive: 14.45

02/05/2008 to 24/10/2008

Flight Number: TOM1883: Friday. Depart: 09.45. Arrive: 13.30

27/10/2008 to 31/10/2008

Flight Number: TOM 1883: Monday. Depart:09.40. Arrive: 14.20

Flight Number: TOM1883: Friday. Depart: 09.45. Arrive: 14.30

03/11/2008 to 28/03/2009

Flight Number:TOM2447: Monday. Depart: 09.55. Arrive: 14.40

30/03/2009 to 27/04/2009

Flight Number: TOM2447: Monday. Depart: 09.55. Arrive: 13.40

Sal to Gatwick

31/03/2008 to 21/10/2008

Flight Number: TOM1884: Monday. Depart: 14.20. Arrive: 21.55

04/04/2008 to 25/04/2008

Flight Number: TOM2448: Friday. Depart:15.45. Arrive: 23.25

02/05/2008 to 24/10/2008

Flight Number: TOM1884: Friday. Depart: 14.30. Arrive: 22.05

27/10/2008 to 31/10/2008

Flight Number: TOM1884: Monday. Depart: 15.20. Arrive: 21.55

Flight Number: TOM1884: Friday. Depart: 15.30. Arrive: 22.05

03/11/2008 to 23/03/2009

Flight Number: TOM2448: Monday. Depart: 15.40. Arrive: 22.20

30/03/2009 to 27/04/2009

Flight Number: TOM2448: Monday. Depart:14.40. Arrive: 22.20

Gatwick to Boavista

07/11/2008 to 27/03/2009

Flight Number: TOM1353: Friday. Depart: 09.55. Arrive: 14.45

03/04/2009 to 24/04/2009

Flight Number: TOM1353: Friday. Depart: 09.55. Arrive: 13.45

Boavista to Gatwick

07/11/2008 to 27/03/2009

Flight Number: TOM1354: Friday. Depart: 15.45. Arrive: 22.20

03/04/2009 to 24/04/2009

Flight Number: TOM1354: Friday. Depart: 14.45. Arrive: 22.20

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/

Horizon News in the Cape Verde Islands offers you an over-all-view of some of the fantastic developments we have available for purchase on Sal, Boavista, Santiago and San Vincente. It includes information on some of the best developments available as well as useful information on the Islands in general.

If you are interested in buying property in the Cape Verde Islands, for investment purposes, a holiday home or as a permenant home this brochure is your best starting point!

Click here to download Horizon News in the Cape Verde Islands pdf:

By now, unless you have been living under a rock, you will be well aware of the investor potential of the Cape Verde Islands, the nearest thing to the Caribbean without a ten hour flight!

The weather is better than the Caribbean as it has no hurricane season and the guaranteed warm temperatures has increased tourist figures, the property market is booming and the economy has soared. Tourism figures are expected to increase by 400% over the next ten years.

More and more new developments are being built and various airline companies are increasing their traffic to cover this archipelago, indeed the recent announcement that the Hilton Hotel is in the process of building a 268 room hotel in Santa Maria on Sal Island, this an only be good news for investors.

Read more information about investment opportunities in Cape Verde