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Cape Verde Market News

Curated economic, tourism, policy and investment news relevant to Cape Verde's property market.

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• Cape Verde Airlines expands international routes with new Praia–Providence and Praia–Recife services

  Governo de Cabo Verde · 6 May 2026 · Aviation

  Cabo Verde Airlines added weekly Praia-Providence and Praia-Recife services, restoring direct links with the United States and Brazil from the capital.

  Why it matters: Direct airlift affects tourism flows, diaspora access, investor visits and the relative appeal of Santiago as a connected property market.

• IMF Executive Board Concludes the 2025 Article IV Consultation, Seventh Review under the Extended Credit Facility Arrangement, and Third Review under the Resilience and Sustainability Facility Arrangement with Cabo Verde

  International Monetary Fund · 7 Feb 2026 · Currency / macro risk

  The IMF highlighted strong tourism-led activity, stable inflation, reserves above program targets and continuing risks from external shocks and state-owned enterprises.

  Why it matters: Macro stability, debt risk and external reserves shape confidence in the CVE peg, financing conditions and the risk premium buyers attach to the market.

• Cape Verde property tax reform: new IPI and ITI codes enter into force

  PwC Portugal · 7 Jan 2026 · Tax / residency

  PwC summarizes the new IPI and ITI property-tax codes that entered into force on 1 January 2026, replacing the prior IUP framework.

  Why it matters: Transfer tax, annual property tax and valuation mechanics change buyer costs, holding costs and transaction structuring for Cape Verde property.

• Cape Verde records lowest-ever unemployment rate, Prime Minister cites historic result

  Governo de Cabo Verde · 28 Apr 2026 · Economy

  Government communications cite a 4.9% unemployment rate for the second half of 2025 and more than 14,000 jobs created over one year.

  Why it matters: Employment and household income shape local housing demand, mortgage capacity and the resilience of domestic rental markets.

• Government formalises privatisation of Cape Verde Handling to Swissport

  Governo de Cabo Verde · 28 Apr 2026 · Foreign investment

  The government formalized the sale of a majority stake in Cabo Verde Handling to Swissport, alongside a planned investment program for airport services.

  Why it matters: Ground-handling capacity is part of the air-connectivity stack that supports tourism growth and confidence in the airport concession model.

• New Administrative Procedure Code published in the Official Gazette

  Governo de Cabo Verde · 24 Apr 2026 · Policy / regulation

  Cape Verde published a new Administrative Procedure Code that is scheduled to enter into force in January 2027.

  Why it matters: Clearer administrative procedures can matter for permits, disputes, public decisions and the wider confidence investors place in state processes.

• Marriott International Makes its Entry into Cape Verde with the Opening of Four Points by Sheraton São Vicente Resort

  Marriott International · 30 Mar 2026 · Hospitality

  Marriott announced its Cape Verde debut with Four Points by Sheraton Sao Vicente Resort above Laginha Beach in Mindelo.

  Why it matters: International hotel brands can change destination visibility, support conference demand and strengthen the investment case beyond Sal and Boa Vista.

• Água Hotels commits EUR 12 million to new tourist-apartment project on Sal

  Diário Imobiliário · 3 Mar 2026 · Construction

  Agua Hotels presented a planned four-star tourist-apartment project in Santa Maria, Sal, with an estimated investment of EUR 12 million.

  Why it matters: Hotel-apartment supply is directly adjacent to the holiday-home market and can influence rental expectations, local jobs and construction demand.

• Harnessing the blue economy for growth and prosperity: The Cabo Verde experience

  Brookings · 17 Feb 2026 · Tourism

  A policy commentary frames Cabo Verde's ocean economy around tourism, maritime transport, renewable energy, digital links and climate resilience.

  Why it matters: The long-term property story depends on whether tourism is complemented by logistics, energy and services that broaden demand across islands.

• Cape Verde Treasury details subsidised housing-credit scheme for home buyers

  Ministério das Finanças · 12 Feb 2026 · Banking / credit

  The Treasury's housing-credit support page details subsidized mortgage-interest regimes, including young-buyer and general access tracks.

  Why it matters: Credit subsidies can affect local buyer affordability, especially for permanent housing, construction and renovation activity.

• Cabo Verde on the path to energy sustainability

  LuxDev · 12 Dec 2025 · Infrastructure

  LuxDev describes the Santiago pumped-storage project, including energy storage, desalination support and EUR 79 million of planned investment.

  Why it matters: Reliable electricity and water infrastructure are practical constraints on housing, hospitality and investor confidence outside pure resort zones.

• Tourism named strategic development sector in Cape Verde's 2026 budget

  Governo de Cabo Verde · 21 Nov 2025 · Tourism

  The government presented tourism as a central development sector in the 2026 budget discussion, with funding aimed at tourism and connectivity.

  Why it matters: Tourism policy and connectivity spending are core inputs for rental demand, employment and island-level property liquidity.

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