Maio, the island where buying a home is still nearly impossible for lack of supply
With the least developed property market in all of Cape Verde, Vila do Maio records barely any sales, while emigration leaves homes standing empty, neither sol…
Friday 28 de August de 2026 · Macaronesia
With the least developed property market in all of Cape Verde, Vila do Maio records barely any sales, while emigration leaves homes standing empty, neither sol…
Near-total reliance on the ferry from Praia and on the island's small airport pushes up the final cost of any residential project considerably.
Building a house outside the areas already connected to the grid means paying for water tanks and generators of your own.
Decades of people leaving for the United States and other islands have left a housing stock that is barely used.
A small but growing number of European buyers are enquiring about land and homes in Maio, drawn by far lower prices.
The council has announced that a limited number of municipal plots will be sold at a reduced price to families struggling to find a home.
Although it has some of the most unspoilt beaches in Cape Verde, the capital of the island of Maio records almost no housing transactions.
Several colonial-fronted houses linked to the island's salt-exporting past are being restored by private owners and small investors.
A shortage of housing and demanding bank requirements are leaving much of the island's younger population with little choice but to stay with their parents or …
In the rural settlements of the interior, most land is given over to grazing, holding back any expansion of housing.
The old salt pans have been out of commercial use for decades; some voices are calling for part of the site to be turned over to tourism projects.