Cape Verde increasingly popular among international mortgage customers

Fri, 09 Sep 2011
Cape Verde is proving increasingly popular among international mortgage customers.

According to new data from TheMoveChannel.com, the archipelago attracted 2.94 per cent of all enquiries on its overseas property portal.

This elevated it into the top ten international property destinations, joining countries like Spain, Portugal, the US and France.

Turkey and Bulgaria also performed strongly, but Cape Verde's performance, which saw it become more popular than Barbados and Cyprus, may have come as a surprise to some.

TheMoveChannel.com director Dan Johnson explained that it is tough or new investment destinations to break into the top ten as there are a number of established nations that regularly occupy the top spots.

"To put a new destination on the investment map usually takes a concerted effort from agents and developers with a vested interest in promoting a country or region," he said.

"However, there hasn't been any significant recent upsurge in marketing activity for Cape Verde - it seems that buyers are making their own minds up that it represents good value, with reliable weather and an improving tourist infrastructure."

Meanwhile, Cape Verde property recently claimed that most property buyers look towards the islands of Sal or Boa Vista for investment opportunities.
 
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