Cape Verde & Canary Islands Property for Sale

Archive for June, 2007

Why choose Tenerife?

Playa del Duque

It was the last island in the archipelago to be conquered by the Spanish in 1497. For most of its more than 500 year history, it was the northern part of the island that was the preferred place to settle. But all of that was to change in the latter part of the 20th Century.
Even until the 1960’s, Los Cristianos was a sleepy, quaint little fishing village. That soon changed as developers realised the tremendous potential to re-invent the southern portion of the island and create a paradise for tourists and home buyers. Soon the charming fishing village was surrounded by vast areas of construction. Playa de Las Américas was created, as was the coastal extension of the town of Adeje called Costa Adeje. It was an island under construction. Hotels, aparthotels, independent houses, urbanisations and apartment blocks sprung up everywhere. What was being created was a feast for the eyes and as a result, property investors had then and still have today a myriad of choices.

Over the years, many thousands of Ex-pats have chosen the island to call home and one of the major reasons for people coming to Tenerife has to be the climate. Located approximately 100 miles off of the northwest coast of Morocco, Tenerife is in the unique position of not being too close to the equator and thus suffering from extreme heat or being too far out in the Atlantic Ocean as to be subject to colder weather brought by the ocean currents. The southern portion of Tenerife is a somewhat dessert-like climate. The air here is normally dry, but fortunately not to the point of being arid. The area enjoys excellent weather all year round. The population is cosmopolitan. After the Spanish, the largest group is made up of the British. After that come Germans, French, Russians, Italians, Scandinavians and other smaller groups. For those desiring to live in a more urban setting, the areas of Los Cristianos, Playa de Las Américas and Costa Adeje are ideal. There is a well-developed infrastructure and whatever you may need is always close at hand. For those looking to purchase a property to generate income, there is the potential to rent out your property 52 weeks of the year, something that is rarely seen in mainland Europe.
If you are looking for something more suburban or rustic, then look at areas such as Chayofa and Torviscas Alto. These areas are a little quieter, but still provide the necessary infrastructure and services you need and expect. The views are magnificent and there really isn’t a bad view from anywhere on the island. On beautiful clear days you can see Mt. Teide, the highest peak in Spain. Then there are the beaches. Tenerife was formed by three volcanoes and the native beaches consist of black volcanic sand) found only on a handful of islands around the world), but it’s the long, golden man-made beaches of the south that now garner most admiration.
There really isn’t a bad time of year in terms of weather. You won’t find Tenerife battered by storms, hurricanes, tornadoes or a host of other phenomena that frequently plague other destinations. If you want a splendid climate all year round, a great variety of properties from which to choose, lower cost of living and a more relaxed lifestyle, then you can do no better than to invest in a property on Tenerife.
In the 25 years we have been trading on the island, the value of property has never, ever deprecated.

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Place in the Sun Exhibition - London Excel

stand

The successful Place in the Sun Exhibition took place last month and created a lot of interest in property and investments in Cape Verde.  The Homes of Cape Verde stand sponsored by the AIP group and Cape Verde Development was in the hands of Derek Muhs and John O´Reilly and their capable staff. 

With over 20,000 visitors passing through the exhibition, property developments in Cape Verde were highlighted as an emerging market with huge potential for long and short term investments.   The quality of the visitors was also noticed with many Cape Verde investors doing their homework before arriving and already knowing the advantages of investing in developments in Cape Verde. 

The 5 star resorts of  Paradise Beach and Murdeira Beach were heavily featured as these developments offer beachfront quality accommodation, pro golf courses designed by Ernie Els as well as excellent value for money, with 3 bedroom villas available from 225,000 Euros. 

  Visitors were treated to a taste of Cape Verde culture, with a typical Carnival dancer in full costume and expert advice on buying in Cape Verde from expert advisors who specialise in investment developments in the islands.  With many sales and contented clients, the exhibition was deemed a success and has given many visitors insight into this exciting emerging market that offers something for all budgets and tastes.  

carnival dancer

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