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Cape Verde Property Investment News
Extra protection in Cape Verde
Investment in the property on the island paradise of Cape Verde is now safer than ever, thanks to insurance firm HiFX.
The insurer is extending its home insurance cover to the Macaronesian republic, as well as offering protection for property in Morocco.
With some 800,000 UK investors now the proud owners of overseas property, the need for comprehensive insurance is growing, especially in light of idiosyncratic regional practices.
Mark Bodega, managing director of HiFX, confirmed the necessity of the extended cover:
"Adequate overseas property insurance is essential to safeguard the viability of your investment. Storm damage and burst pipes rank amongst our most common claims."
He added: "Overseas repairs can be expensive and, in order to protect your investment, it is essential that any material damage is repaired by trustworthy skilled tradesmen."
The Cape Verde economy is set for a boost, with talks nearing completion for its accession to the World Trade Organisation.
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What are these? |
Secured land investment
with 48% per annum ROI
12-18 month investment
period. Tax efficient
structure. Planning
permission for luxury
resort in place.
Cash payouts for up to 12 years
Agricultural land with
huge ROI. Contracted
return of 276% available
with rent and guaranteed
buy-back options.
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