Cape Verde Development Sector Form Body
Cape Verde, the picturesque archipelago in the North Atlantic Ocean has recently become an investment hotspot for European and American buyers. Its success has been so great that a new trade body, Promitur, has been created with the aim of improving the real estate sector throughout the country.
The newly formed organisation had 30 members at its inception, from different parts of the real estate market. Members include developers, agencies, legal and financial advisers and the hope is that the number will increase to include the majority of the tourism and services sector.
The aim of the new body is to act as a voice for the property market’s interests, promoting positive changes in the law and infrastructure developments. Just as importantly, Promitur also plans to serve as a major point of reference for investors considering the purchase of property in Cape Verde where problems or queries can be addressed.
James Gonzalez, Market Analyst at Obelisk, finds the formation of this association in Cape Verde very encouraging. “Cape Verde developers are taking the right approach. With the formation of this body, they are demonstrating to the world that the islands’ development is being achieved in a thoughtful and regulated manner. They are putting their best foot forward.”
Foreign investment in Cape Verde has brought with it an expansion in air services, including many direct flights from the UK. Also, the government has recently secured a €47 million loan from the European Development Bank to improve the port facilities at the port of Palmeira. The aim is to allow cargo ships to unload easier, aiding the development sector.
For more information on overseas property investment and to find out about Obelisk's latest projects, contact Obelisk free on 0808 160 0670 (UK) or 1800 932 514 (IRE).
Email: info@obeliskinternational.com or visit our website: http://www.obeliskinternational.com.
For press enquires, please contact Obelisk’s marketing department on (+34) 952 820 319 or email press@obeliskinternational.com.
The newly formed organisation had 30 members at its inception, from different parts of the real estate market. Members include developers, agencies, legal and financial advisers and the hope is that the number will increase to include the majority of the tourism and services sector.
The aim of the new body is to act as a voice for the property market’s interests, promoting positive changes in the law and infrastructure developments. Just as importantly, Promitur also plans to serve as a major point of reference for investors considering the purchase of property in Cape Verde where problems or queries can be addressed.
James Gonzalez, Market Analyst at Obelisk, finds the formation of this association in Cape Verde very encouraging. “Cape Verde developers are taking the right approach. With the formation of this body, they are demonstrating to the world that the islands’ development is being achieved in a thoughtful and regulated manner. They are putting their best foot forward.”
Foreign investment in Cape Verde has brought with it an expansion in air services, including many direct flights from the UK. Also, the government has recently secured a €47 million loan from the European Development Bank to improve the port facilities at the port of Palmeira. The aim is to allow cargo ships to unload easier, aiding the development sector.
For more information on overseas property investment and to find out about Obelisk's latest projects, contact Obelisk free on 0808 160 0670 (UK) or 1800 932 514 (IRE).
Email: info@obeliskinternational.com or visit our website: http://www.obeliskinternational.com.
For press enquires, please contact Obelisk’s marketing department on (+34) 952 820 319 or email press@obeliskinternational.com.
Labels: Cape Verde, investment, property, real estate
posted by Alison Kane at 6:30 pm
1 Comments:
Unfortunatelly, Cape Verde is being spoilt by the form of development these detached investors are promoting.
Cape Verde is a beautiful Country in its own way but has nothing to do with the artificial and virtual images which are promoted around. Cape Verde has almost no palm trees but it had communities. The best in Cape Verde are its people and its little virgin nature left. Tourist resorts and property developments are destroying both its environment and social cohesion.
Government elites sell land to foreigners in exchange of favours. Little remains to locals who see themselves excluded from the fenced-off properties and scalating inflation.
What used to be a landscape of marine tourtles is being converted in private marinas without boats and with intended golf resorts which can't function because there is not enven enough water for its inhabitants.
It does not take much effort to care about a sensitive approach to building a cohesive environment but that is of no interest to the vampires of international investments. The current financial crisis demonstrates that speculators play with fire sucking up the proffits but burning whatever they touch. They've done it with housing markets in the US and in Europe and they have done it in Santa Maria in Cape Verde.
Perhaps by the time your Cape Verde villa is built, there is nothing worth coming for here. Boa Vista is about to be destroyed building resorts in the middle of white sand dunes simply kills the dunes. Perhaps only prostitution and drugs as it is increasingly the case in Sal and in Boa Vista will be left for you.
Please, stop bullshitting and engage with the real world engage with people and do not believe that it only takes investments to make places liveable.
Best regards from my dry, dusty, rocky and spoilt Cape Verde
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