The important information that most cape verde property investors need to put into consideration is the timescale, because it provides them adequate awareness on the price, purchase information and other terms and conditions involved. It is essential to know that average time that is required for completing any Cape Verdean capital project is 24 months, which is known to be two quality years for best returns. While clients that are looking for short-termcape verde investment should be able focus on the average investment period of 12-18 months right from the stage of reservation to the point of sale.
The fact is that payment terms and conditions that are considered in the cape verde property investment projects usually requires that the payment of full purchase price is carried out when the construction is going on; as finance is known to be generally unavailable at that time. The payment terms that is 5 x 20% is usually expected on most of developments, but there is an anticipation of better payment terms over the coming years once Cape Verde keeps getting more established and as well becoming more competitive to be recognized as a developing market.
One important aspect of timescale and terms and conditions that needs attention is the fact that the assigning of contracts is usually occurs at various and different stages; this is totally depends on the developers. Hence it is very essential for the investors as will need to pay a careful attention and factor in any forms of administration charges that is attached or associated with selling before completion of such cape verde project. Currently the Cape Verde road network is very poor; though this has resulted to little problem for most of the tourists that alight from the plane and directly travel to their resort, which is the place they stay during the duration of their trip.