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The beautiful islands of Cape Verde are situated one hour south of the Canary Islands, off the Coast of Africa and East of Brazil. Being the closest tropical destination to the United Kingdom, Cape Verde has recently been voted "the number one tourist destination for 2007" by Expedia.com.
Unspoiled white sandy beaches lapped by crystal clear water make Cape Verde a tropical paradise and an ideal location to get away from the busy city life. Offering the best of all worlds and often compared to the Caribbean, Cape Verde is now highly ranked as both a holiday destination and a lucrative property investment. This is further compounded by the introduction of direct flights from the Manchester and Gatwick (UK) airports in 2007.
Although excellent government incentives have been put in place to encourage development, a sensible approach to development density has ensured healthy returns to property investors. The annual tourism increase of 22% has created a rental return of 7-8% with property capital returns of 70% forecast over the next two years.
Previously a Portuguese Colony, Cape Verde has the ambience of the Mediterranean, the scenery of Barbados and the convenience of the Canaries. With plenty to do including walking around the small fishing villages, exploring the inactive volcano, diving amongst colourful reefs or lying under a palm tree, Cape Verdes all year round tropical climate makes it a perfect all year round holiday home destination
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