Cape Verde Real Estate Index

Ilha de Santiago - Palmarejo, Praia, Cape Verde. €516 936 · 440 m² · 3 bedrooms. Source-linked property listing.

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Praia, Santiago, Cape Verde

Ilha de Santiago - Palmarejo

€516 936

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Ilha de Santiago - Palmarejo — 440 m² · €516 936 | CVREI

  • Type: property
  • Bedrooms: 3
  • Bathrooms: 4
  • Interior: 440 m²

A three-bedroom penthouse on the fourth floor of a new mixed-use development in Praia, the capital of Santiago island, Cape Verde. The building, scheduled for completion in December 2027, combines residential units — T2, T3, and duplex penthouses — with ground-floor commercial space. Total area is 439.64 sqm, split between 220 sqm of interior living space and a terrace of approximately 219.82 sqm.

The duplex layout places the main living areas on the lower level, including an open-plan kitchen and dining room and a guest WC, while the upper floor holds three en-suite bedrooms, each with a private bathroom and closet or built-in wardrobe, plus a balcony. Building amenities include a rooftop pool (penthouse level), a green park area, lift, internal parking, CCTV, generator, double glazing, and thermal and acoustic insulation. Pre-installation for air conditioning and piped gas are included.

The project is under construction, with a staged payment schedule tied to construction milestones; garage spaces are priced separately at €7,260 per bay. The source describes the scheme as positioned at one of the most strategic and valued points in the city and characterises it as a solid option for investors seeking returns in a tourism destination.

Source: CCore Investments

Last checked: 6 Oct 2026

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