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Foreign Investment focus on Maio | Maio, Cape Verde

HNW individuals focus on Cape Verde island Maio as foreign investment in archipelago floods in

More countries opening up direct flights to Sal & Santiago.
Links to major oil producing nations to underpin upward spiral in islands’ prosperity.

Wealthy Cape Verdeans make Maio island of choice for property investment
Land and property bargains to be had now.

The island of Maio in the Cape Verde archipelago is becoming THE place to buy for property investors looking for exclusivity at a bargain price, says leading agent Noscasa.

And the fact that an increasing number of nations from around the globe are choosing to invest in Cape Verde is a clear indication that this island nation is rapidly growing in stature in the international business arena.

‘The island of Maio is now offering fantastic opportunities, with both land and property available at very attractive prices,’ said Noscasa MD Paul Akwei.

‘This is the island where wealthy Cape Verdeans are now looking to buy property because of its secluded beauty and close connections to capital city Praia which will allow easy connection to their business interests.

‘Cape Verde is already established as a paradise destination for tourists and holiday home investors but the level of international investment it is now attracting demonstrates that it is fast becoming much more than that. Now is the optimum time for serious investors to take advantage of this growth.’

An increasing number of countries are opening up routes to the international airports on Sal, Sao Vicente and the capital island Santiago, the latest being Delta Airlines which will start flying to Cape Verde from Atlanta in early 2010. This means that when the cross-island fast ferry service begins next year, Maio will be just a 35 minute journey away.

‘The new Delta service is a huge boost to the growing prosperity and international standing of Cape Verde,’ said Akwei.

Investment International - click here to view article

New Property for sale | Maio, Cape Verde

A new house for sale in Calheta has been added to the Classified Adverts section.

Calheta House for sale - click here

Maio welcomes 50 potential investors |Maio, Cape Verde

The Boa Vista and Maio Integrated Tourist Development Corporation (SDTIBM) will promote a meeting with some 50 Cape Verdean and foreign investors on October 15 in order to present tourist investment opportunities on the two islands. The meeting will take place on Boa Vista.

SDTIBM executive administrator José Carvalho explains that “environmental protection and preservation areas represent 46% of the total area” of tourist development zones on the two islands, and that “the remaining 54% is aimed at tourist enterprises.” Carvalho specifies that only 9% of this 54% is set aside for construction.

Of the lands projected for construction, 12.5% is located in Chave, 8% in Morro de Areia, Santa Mónica and to the south of Porto Inglês, 8.22% in Ribeira Dom João and 15% in Ponta de Pau Seco.

Source: ASemana