Property recovery underway in Cape Verde with 5% price increases predicted

[Nicholas Wallwork]

Although property in Cape Verde, once one of the most popular*emerging real estate markets, has suffered during the global*downturn there are signs that recovery is underway.

The market boomed during 2006 and 2007 and estate agents*seemed to be springing up all over the place. Even in*paradise the number of buyers declined and prices have begun to*fall.

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[Lysos]

What's the reality of holiday property in Cape Verde ?. After all the hype of a few years ago are buyers seeing anything like the 'promised' returns, or more to the point, any of the promised facilities, 5 star restaurants, golf courses etc. ?.