The new fast cross island ferry service due to launch next summer will be a massive boost to the Cape Verde property and tourism industry, according to the islands’ leading real estate agent Noscasa.

The competitively priced service run by Cape Verde Fast Ferry will link all nine inhabited islands and will open up a whole new holiday experience for visitors to the paradise archipelago.

“This is a huge opportunity for the prosperity of Cape Verde and for anyone with invested interests in the islands, such as property,” said Noscasa MD Paul Akwei.

“Until now, visitors wanting to visit more than one island have been restricted to travelling by plane. But daily affordable ferry connections make island-hopping a viable holiday option that will suit smaller budgets.

“Add this to the fact that Cape Verde offers some of the best facilities and weather conditions for a variety of extreme sports and I would anticipate a surge of interest from the elusive under-25 market.”

An example of the investment opportunities is a beach front property in the tourist town Santa Maria, Sal on the island of Maio. The properties come with a 5 percent net rental guarantee and are close to all the town’s amenities. Prices start from €80,000 for a studio and €178,000 for a one-bed.

The nearby Salinas Beach Resort is set in landscaped grounds close to the beach and will include apartments, detached and semi-detached villas, swimming pools, solarium, gymnasium/sauna, bar and beach club. Prices start at €128,000.

Cape Verde is already established on the world kitesurfing circuit and is home to numerous kite and windsurfing schools. Big sea fishing and mountain hiking are also a draw for those looking for an adventurous holiday.

“One of the main attractions of Cape Verde is that, although they are very close together, the islands have wildly differing terrain,” said Akwei. “Sal and Boa Vista are completely flat with glorious unbroken white sandy shores while Santiago and Sao Vicente are lush and mountainous with vibrant little towns.

“All the islands offer fantastic holiday experiences but most visitors only visit one because getting from one to the other isn’t so easy. That’s all about to change - the ferry service is just what we have been waiting for.

“With the launch of the ferry service we expect to see a corresponding rise in demand for holiday accommodation, particularly on some of the less developed islands,” said Akwei.

“This presents some very attractive opportunities for those looking to invest in the overseas holiday home market as islands such as Sao Nicolau and Sao Vicente, which are relatively untouched by property development, see an increase in tourism.”

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