Friday 28 de August de 2026 · Macaronesia
São Vicente's cultural and port character is drawing investment from Cape Verdean emigrants seeking a home "to come back to", demand that is putting pressure o…
Expansion plans for the Port of Mindelo and growing airport activity are pushing up the value of nearby residential land.
The popularity of the Baía das Gatas music festival is driving up demand for second homes, creating seasonal pressure on the property market.
The council has announced the allocation of new public land plots on the outskirts of Mindelo for low-income families.
Employees of the port and the Cabnave shipyard warn of the difficulty in finding affordable rental housing near their workplace.
Access to a first home is becoming harder in outlying neighbourhoods, where wages are failing to keep pace with rising land prices.
Emigrants from São Vicente living in the Netherlands, the United States and Portugal are buying increasing numbers of homes in their city of origin.
Cape Verde's biggest carnival triggers a surge in short-stay tourist rentals every February.
Flats around Praça Nova and Rua de Lisboa have become sharply more expensive, driven by tourism linked to morna music and Cesária Évora.
Monte Verde's protected status is shrinking the amount of land suitable for new development on the island.
Several historic buildings in the centre, including former customs offices, have begun facade restoration work.