Mindelo – São Vicente

Building plot of 505 m2 on the island of São Vicente, in Mindelo, a quiet, southern part of Ribeira de Julião, 7 minutes from the center and 10 minutes to the popular beach Praia da Laginha. The use of the land is approved for the construction of properties for holiday or permanent residence. Electricity, water, gas and sewerage on the boundary of the property. Nearby there is a primary school, university, kindergarten, restaurants, tennis courts and a bus stop with regular services.

The island has a world famous port, airport and good connections to the nearby island of Santo Antão, which is a popular and sought after tourist destination for its incredible natural beauty.

The approved use of the land is ideal for the construction of a luxury villa or apartment building with future rental income. Buying land in Cape Verde is also a suitable medium term investment with minimal risk and guaranteed protection against inflationary devaluation of your finances. The average increase in the market value of land in São Vicente is about 15%, but the supply of land in the capital is limited and its price is rising faster.

The island of Sao Vicente is the second most populous island of Cape Verde and has a well-developed tourist industry. Investment interest from abroad is also an important factor contributing to price increases. Investors from Europe, America and Africa are targeting Cape Verde.

Infrastructure development is another factor contributing to the growth in property values. The island has seen investment in recent years in the construction of new hotels, restaurants and other facilities.

Do not miss this unique opportunity to enter the world of profitable investment or profitable construction. For more information or to view the property, please contact us.