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Cape Verde Grows Up by A Place in the Sun on Monday, December 15, 2014 12:00 PM
It was the exciting new winter sun destination that offered so much potential for affordable homes on pristine paradise isles of the Atlantic. But how has it survived the global downturn? Richard Way took a trip to find out. Cape Verde is looking forward to a surge in tourist numbers and recognition as a maturing boutique beach destination, following the opening in November of arguably its most impressive resort to date. Dunas Beach, which is managed by Melia Hotels International and has agreements with Thomson and First Choice, is the second resort built by The Resort Group to go operational on Sal island. On a stretch of beach on the edge of Santa Maria where the developer has plans to construct a lagoon, it boasts 1,250 units - a mix of hotel suites, apartments and villas a and an array of five-star leisure and entertainment facilities. It dwarfs The Resort Groupas 327-unit Tortuga Beach Resort, which opened next-door in 2011.
Development on Cape Verde, an archipelago off West Africa, stuttered during the global slow-down, but the opening of Dunas Beach highlights a wider revival on Sal, the hub of Cape Verdeas tourism market. The country now attracts more than a!1 billion annually in foreign investment and is projected to welcome a million visitors for the first time in 2015. Salas less developed neighbour, Boa Vista, is also becoming a focus for development. In Santa Maria the Hilton Group has begun developing the site of its future resort while October 2013 saw the opening of the impressive Salinas Sea Resort nearby.
* Religiously, politically, economically and socially stable (no Arab spring) * Democratically elected Government internationally recognised for its record * Strong rule of law, property ownership rights * One of the only growth tourism markets in the world * Wide spread of international tourists for continental Europe * Strict building control and regulations a no high rise buildings * Lack of competition only15 hotels on Sal and 176 overall * Open skies treaty meaning any EU state can fly there * International airport with over 60 flights per week * Government target to increase tourism organically * Relaxed way of life * Unique location giving stable moderate weather which means 365 days a year tourism season * No jet lag a medium haul flight time * Stunning beaches and clear blue water * No over-commercialisation or development * Current demand for quality accommodation outstrips supply
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