Released on: November 29, 2007, 8:15 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: That Cape Verde is emerging as one of the most exciting new
markets for property investors is not in doubt. Stories of the increase in the
number of people buying Cape Verde property

Press Release Body: That Cape Verde is emerging as one of the most exciting new
markets for property investors is not in doubt. Stories of the increase in the
number of people buying Cape Verde property in the islands and the growth of tourism
are well-documented trends. But the specific marketing of the islands as the
Caribbean on Europe\'s doorstep is what has given it a special appeal, property
magazine Buy Association has said.

Paul Collins, overseas property editor for the publication, said those looking to
advance the Cape Verde property market have used the West Indian analogy very
effectively.

He said: \"It is popular with developers and they\'ve been able to exploit the fact
that the weather is quite similar to that in the Caribbean. So it\'s being marketed
as the nearest Caribbean to Europe.\"

Of course, Cape Verde is not exactly on the doorstep of Europe, the archipelago
being located in the Atlantic off the west coast of Africa. But at five hours, the
flying time is certainly less than that to the Caribbean.

The ease of getting there is, of course, linked with the opening up of the
blossoming tourist market. Both these factors were also listed by Mr Collins as
major contributors to the islands\' fortunes, along with the fact that, like the
Caribbean, the Cape Verde islands are good for diving and other watersports. This in
turn, he noted, meant the islands are \"popular with people looking for the new
emerging markets\".

Such trends are continuing and set to remain so, reports suggest. For instance,
Macauhub reported earlier this month that the island of Boavista was anticipated to
receive over €220 million (£157 million) in investment to further boost its tourist
infrastructure in the wake of the recent opening of its international airport.

With more airports are also coming more flights, including direct routes from the
UK, a recent example being the Cape Verde Airlines service between Stansted and
Santiago, which commenced on October 29th this year, fhr-net.co.uk reported last
month.

In addition to this, Cape Verde, while no longer a colony of Portugal, has
nonetheless reiterated its European connections by forming a special partnership
agreement with Brussels, afriquenligne reports. This will involve building a
relationship based on issues such as good governance and stability, but also has a
major economic element, with European Development Fund money being part of the deal.


Thus with Europe backing the islands politically and financially, the economy may
grow even further and faster, with property investors playing their part. Cape Verde
is not just an emerging market now. It is one which, as tourism, infrastructure and
its economy grows, could offer a lot more emergence for property investors to make
the most of

Web Site: http://cape-verde.assetz.co.uk/

Contact Details: Address:Assetz House, Newby Road, Stockport,Cheshire,SK7 5DA

fax:0845 400 6010

email:linkexchangeseo@gmail.com