Frequently Asked Questions (FAQs)
Why invest in real estate in Cape Verde?
Cape Verde, located in the Atlantic Ocean off the west coast of the continent, is the African country closest to the Americas and the Caribbean.
This prime location, combined with a stable government, a thriving tourism industry, and strong potential for property appreciation, makes Cape Verde an attractive investment destination. Investors benefit from a favorable tax environment, seamless international transactions, and opportunities for vacation rental income.
What are the minimum investment requirements?
Current opportunities start at approximately $212,000 (€189,000), making it accessible for both seasoned investors and those looking to enter the international real estate market.
Can I obtain residency in Cape Verde through real estate investment?
Real estate investment is one of the factors considered when applying for a Cape Verde Green Card. Our partners can introduce the process and help you understand the benefits of this status.
How does the purchasing process work for foreign investors?
Cape Verde has an investor-friendly legal framework. Our banking partners ensure seamless international transactions, and our local legal team guides investors through the property acquisition process, ensuring compliance with all regulations.
Can I finance my property purchase, or is it cash-only?
Yes. Financing is available through DuarGema's partner banks, Banco Interatlântico and Caixa Geral de Depósitos Cabo Verde, including as little as 20% down for buyers of Cape Verdean descent, subject to bank approval. International buyers generally put 30% down. We can connect you with the right lender.
What kind of returns can I expect on my investment?
Cape Verde's booming tourism industry provides strong potential for rental income from vacation rentals, as well as appreciation in the resale market. Returns depend on many factors and are not guaranteed.
Are there any taxes or fees associated with purchasing real estate in Cape Verde?
Yes, there are standard real estate transaction costs, including property transfer taxes, registration fees, and legal costs. These are generally lower than in many Western countries, and our team will provide a full breakdown of expected costs.
Can I rent out my property when I’m not using it?
Yes, and you won't have to manage it yourself. DuarGema, together with an affiliated rental company, manages rentals for House of Diaspora owners. Your condo is marketed in Cape Verde and abroad and listed on platforms like Booking.com and Airbnb, reaching both vacationers and local residents looking for long-term leases of one to two years. DuarGema's team handles bookings, guests, and the legal aspects of renting, so you can own from abroad without stress or worry. You and your family can still enjoy your condo: simply let the team know your dates in advance, and they'll be blocked off on the rental calendar. To protect the quality of the development, rental management is handled exclusively by DuarGema for a minimum of ten years. Contact us for the full terms.
Is property ownership in Cape Verde freehold or leasehold?
Foreigners can purchase freehold property in Cape Verde, meaning you own the land and property outright with no lease restrictions.
How do I get started with the investment process?
To learn more about available properties and secure your investment, complete the inquiry form on our Contact Us page. Our team will provide you with detailed pricing, available units, and next steps.