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.

Cape Verde real estate market prices growth chart Sal Island Santa Maria

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.

LocationAverage Price €/m²
Santa Maria (Sal)1,800 – 3,000 €
Boa Vista1,500 – 2,500 €
Santiago (Praia)1,200 – 2,200 €
Maio800 – 1,500 €
Palmeira / Espargos900 – 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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