Estimate monthly mortgage and ownership costs for a Cape Verde property, with illustrative inputs clearly identified and adjustable.
Buyer tool
Explore how a property price, deposit, interest rate, loan term and recurring ownership costs can change an illustrative monthly estimate.
Estimate only. Actual financing terms and ownership costs may vary.
For a €150,000 property with a 30% deposit, 7% interest over 20 years, 0.1% annual property tax, €100 annual insurance, and €65 monthly maintenance, the illustrative total is €899.90 per month.
This is a calculation from the disclosed defaults, not an offer, affordability assessment, bank valuation or prediction of the terms available to any buyer.
From 1 January 2026, ITI applies to property transfers and IPI to ownership. ITI is generally 1% of taxable value, rising to 3% where the seller or buyer benefits from a privileged tax regime. Other transaction costs may apply; verify the matriz predial, registo predial, taxable value, tax clearance and any exemption or surcharge.
Some Cape Verde banks offer housing finance, subject to underwriting. As reviewed in August 2026, Caixa advertises financing of up to 100% for an eligible permanent home when the affordability ratio allows, while BCA advertises products with financing up to 100% subject to valuation and risk assessment. This is not an automatic zero-deposit rule based only on Cape Verdean citizenship; residence, property use, income, valuation and the lender's criteria matter. The calculator's 30% deposit is an international non-resident planning assumption, not a universal bank requirement.
Yes. Since 1 January 2026, IPI applies at a general rate of 0.1% of taxable value. The 0.15% rate applies specifically to land classified for construction, not all land. The amount due can be increased for vacant, ruined or degraded unsafe urban property and for unfinished principal façades.