We offer for sale a building plot with an area of 386 ‚ on the island of Maio, which is part of the Cape Verde archipelago. The land is located approximately 500 meters from the Atlantic Ocean beach. The use of the land is approved for the construction of properties for recreational or permanent housing, or as accommodation for tourists.
The favorable costs for the construction of residential housing in Cape Verde directly encourage the intention to build a house or an apartment building, which is rented to tourists all year round and thus creates an income for the owner.
Buying land in Cape Verde is also a suitable medium-term investment with minimal risk and is also an effective tool against inflationary devaluation of your finances. The average annual increase in the market value of land in Maio exceeds currently 30%.