UK 19:27 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Ten years ago Cape Verde, a small group of islands south of the Canaries, was hyped as the next holiday home hotspot. Apart from the perfect climate, Cape Verde sold itself on being an associate member of the EU as well has having solid property laws (it was until recently a Portuguese colony). The favoured currency in the country is the Euro. UK and Irish investors bought into promised developments promoted by Irish, British and Italian developers, handing over staged payments totalling an estimated € 300 million.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
