Friday 28 de August de 2026 Macaronesia

euroinmobiliaria®
Boa Vista

Property market in Rabil and Fundo das Figueiras remains almost frozen against the coastal 'boom'

Euroinmobiliaria® · · 2 min read

Property market in Rabil and Fundo das Figueiras remains almost frozen against the coastal 'boom'
Photo: Adriao / Wikimedia Commons (Public domain)

An inland area left out of tourism

Barely a dozen property sales are completed each year in the rural inland area.

Prices that do not move

A traditional house is valued at around 1,500,000 CVE, figures frozen in comparison with the coast.

Emigration and depopulation

Young people are moving to Sal Rei or Rabil in search of tourism jobs.

A missed opportunity

Property investment remains concentrated on the coastal strip.

Two speeds on the same island

While Boa Vista's coastal strip, led by Sal Rei, has undergone rapid transformation thanks to international tourism, the rural villages inland have kept a pace of life that has barely changed in decades. This difference is also reflected in infrastructure: while the coast receives steady investment in roads and services, the interior progresses far more slowly. Municipal officials acknowledge that the gap between the two development models has widened in recent years. For inland residents, this coexistence of two realities is becoming increasingly visible in their daily lives.

A market with barely any activity

The few sales that do take place in Rabil and Fundo das Figueiras tend to be transactions between relatives or inheritances, rather than open-market deals. The island's estate agents devote hardly any resources to this area, considering the volume of business not to justify the commercial effort. This absence of active intermediaries, in turn, helps keep prices virtually frozen. Some owners simply choose not to sell, leaving their houses shut up while they wait for better times.

The exodus towards tourism jobs

Every year, a significant number of young people from these rural villages move to Sal Rei or Rabil in search of jobs in hotels, catering or tourism services, where wages are more attractive than in the area's traditional farming or livestock work. This movement accelerates the ageing of the population that remains inland. Some families keep a dual residence, holding on to the family home while working on the coast. Local authorities warn that, without specific policies, the depopulation of the interior could worsen over the next decade.

Calls to diversify investment

Residents' groups from inland areas are calling for part of the public and private investment currently concentrated on the coast to also go towards improving infrastructure and opportunities inland. They believe rural or nature tourism could revitalise the area without replicating the intensive model of the coastal strip. Some small business owners are already exploring rural tourism ventures in Fundo das Figueiras, although still on a very small scale. For these stakeholders, Boa Vista's interior represents a development opportunity that, for now, remains almost entirely untapped.