How to buy a property in Cape Verde?

How to buy a property in Cape Verde?

Always get legal advice when buying property in Cape Verde, and go through a reputable agent. Foreign investors are allowed to buy freehold properties in Cape Verde but, due to the lack of lawyers, things can get a little complicated. Therefore, it is essential to secure legal representation as early on in the process as possible.

Which is the best law firm in Cape Verde?

Its association with Portuguese firm Miranda & Associados affords it a broader regional footprint. In Cape Verde, the Miranda Alliance is represented by Costa Cunha Gonçalves & Associados (“CCG”).

Can you sign power of attorney in Cape Verde?

However, due to some bad seeds tainting the property market, the balance is often not paid until keys are in hand and the new owners are physically in the property. To save you trips to Cape Verde, you can sign power of attorney to your lawyer, but it solely depends on what is most comfortable to you.

How long does it take to get a mortgage in Cape Verde?

To save you trips to Cape Verde, you can sign power of attorney to your lawyer, but it solely depends on what is most comfortable to you. After the Promissory Contract and paying the deposit, completion is often achieved in three to four weeks. Usually, mortgages are only available against built property in Cape Verde.

How is a property sold in Cape Verde?

In Cape Verde, all properties are sold freehold, under a conveyancing system similar to Portugal’s. Following a verbal agreement, the purchaser’s lawyer begins the legal searches.

Who are advocate abroad professional services in English?

They know their business!” Advocate Abroad is a network of independent English-Speaking professionals – lawyers, tax specialists, architects and other professionals around the world. We ensure our experts are fully accredited by their national regulatory authorities in areas such as law, accounting and architecture for your peace of mind.

Where can I get an international property lawyer?

We can assist with legal issues in a wide range of countries including – but not limited to – Spain, Portugal, Italy, Cyprus, Greece, Morocco, Cape Verde, Brazil and United Arab Emirates.

What makes Cape Verde a good place to live?

Consider the potential of owning property in Cape Verde. Cape Verde is socially and politically stable, with friendly people; year-round sunshine; white sand beaches; pristine seas; stunning scenery and an exotic mix of Portuguese and West African culture. Health services are good, and crime levels generally low.