Press Release Summary: Many Britons are heading to Cape Verde, a former Portuguese colony, with the idea of seeking paradise - and reports suggest that they are finding it.
Press Release Body: Many Britons are heading to Cape Verde, a former Portuguese colony, with the idea of seeking paradise - and reports suggest that they are finding it.
Located around 800 miles south of the Canary Islands, Cape Verde is sunny, warm and has potential for investors to snap up some deals before its popularity explodes.
Paul Akwei of estate agents Noscasa told the Sun that development in the islands had \"really taken off\" in the past two years, which is evidenced by the amount of building going on in areas popular with tourists.
However, potential concerns about the overdevelopment of Cape Verde were recently dismissed by Simon Walker, sales director for Off Plan Property, who explained that it was not doomed to repeat missteps taken by other popular investment areas, such as the Spanish costas.
Noscasa\'s Mr Akwei also claimed that the area had enough potential for capital growth that British investors need not worry about buying in an uncertain global financial climate.
Purchasing property in Cape Verde means putting money \"somewhere safe\", he said, adding that it is certain to be worth more in the future.
\"Prices are low, projected returns are excellent, infrastructure is being continually improved and there\'s a wealth of enjoyment to be had,\" he enthused.
Meanwhile, those who may still wonder about the potential of Cape Verde property investment, may be persuaded by the words of a couple who decided to make the leap from the gloomy skies of England to the sunny shores of an island in the archipelago.
Dave and Trisha Hunter from Bogner Regis, West Sussex, described how they were seduced by Cape Verde\'s charms and decided to buy a property there in June 2007.
Mr Hunter said that the value of their Cape Verde flat apartment has already increased since they bought it and he predicted that prices will rise even further in the coming years.
\"In four or five years property prices are going to double or even treble and if you want it as an investment then this is the place to be,\" he told the publication.
And Cape Verde\'s many charms have been extolled by a variety of sources, from investors to developers to tourists.
The archipelago has even been described as an alternative to the Caribbean, due to its extremely agreeable weather; however, it may be even more appealing to UK investors who enjoy its proximity to Britain - it can be reached in only five hours by plane.
In today\'s world Property investment is an excellent investment option especially investment in UK
2022
