Market Data & Analysis
Cape Verde Real Estate Market 2020–2026: Prices & Growth
A complete analysis of property prices, growth trends and investment opportunities across Cape Verde.

The Cape Verde real estate market has evolved significantly between 2020 and 2026.
What was once considered a niche destination is now attracting international investors looking for growth, lifestyle and long-term returns.
1. Market Evolution (2020–2026)
Over the past few years, Cape Verde has experienced steady growth in tourism and international visibility.
- Post-COVID tourism recovery
- Increased European demand
- Development of new resorts and infrastructure
- Rising interest from foreign investors
2. Property Prices in Cape Verde
Property prices vary significantly depending on the island and location.
| Location | Average Price €/m² |
|---|---|
| Santa Maria (Sal) | 1,800 – 3,000 € |
| Boa Vista | 1,500 – 2,500 € |
| Santiago (Praia) | 1,200 – 2,200 € |
| Maio | 800 – 1,500 € |
| Palmeira / Espargos | 900 – 1,800 € |
3. Rental Market & ROI
Rental yields in Cape Verde are higher compared to many European destinations.
- Short-term rental demand driven by tourism
- High occupancy in peak seasons
- Average ROI between 6% and 12%
4. Key Investment Areas
- 🏝 Santa Maria (Sal) – strongest tourism market
- 🌊 Boa Vista – growing demand
- 🏙 Santiago – stable local market
- 🌅 Maio – early-stage opportunity
5. Market Outlook (2026+)
The outlook for Cape Verde remains positive:
- Increasing international exposure
- Infrastructure improvements
- Growing investor interest
- Still early compared to mature markets
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