Buying land and building a house

Yes. It's probably easier to buy land here than it is in Europe or America. All you need is a your passport, your NIF (get it in 10 minutes at Casa de Cidadão), and the purchase and sale agreement (with the signatures of the buyer and seller authenticated at the Cartório). Then you and the seller go to the Conservatória to have the title deed of the land transferred to your name. That is it.

A couple tips. Make sure that the seller actually owns the land and that there are no outstanding bank loan or fees owing to the municipality. Work with a real estate agent...it will make the process smoother since they know how everything is supposed to work.

Good luck with your transaction.

Angelo

Pamela Querido wrote:

Hi,

Can a foreigner buy land easily in Cape Verde for building a house?

"Make sure that the seller actually owns the land and that there are no outstanding bank loan or fees owing to the municipality"

Do any debts or fees stay with the property in Cape Verde? Like in the U.S.? Or do they stay with the owner like in (most of) Europe?

The debts stay with the owner, but the fees stay with the land.

If the owner owes a debt with the land as collateral, the owner will be prevented from transferring the land into your name until that debt is cleared by the owner. So the point with outstanding debt is that you should not pay the owner anything until the debt is cleared and they can actually effect the transfer of the land to you.

If the land has outstanding fees to the municipality, the land can be registered in your name, but then you will be on the hook for the outstanding fees.

These scenarios can be readily checked at the registry (whether the person who claims to be the owner really is the owner and whether there is any outstanding debt on the land) or at the Câmara Municipal in which the land is located BEFORE handing over your money to an unscrupulous seller.

The civil registry can also indicate whether the land is tied up in any legal disputes as between heirs, etc.

Cheers,

Angelo

julianangel wrote:

"Make sure that the seller actually owns the land and that there are no outstanding bank loan or fees owing to the municipality"

Do any debts or fees stay with the property in Cape Verde? Like in the U.S.? Or do they stay with the owner like in (most of) Europe?

Obrigado Angelo!

You said "If the owner owes a debt with the land as collateral, the owner will be prevented from transferring the land into your name until that debt is cleared by the owner".

In the case that the owner has put the land up for collateral, would it then be possible for the owner to sell the land to a third party in order to pay his debt back?

Yes, the owner can indeed do so (sell to a third party), but the bank will not allow the transaction unless the bank is a party to the transaction.

julianangel wrote:

Obrigado Angelo!

You said "If the owner owes a debt with the land as collateral, the owner will be prevented from transferring the land into your name until that debt is cleared by the owner".

In the case that the owner has put the land up for collateral, would it then be possible for the owner to sell the land to a third party in order to pay his debt back?

Hi guys, some useful info here:   https://www.judicaregroup.com/site/coun … ape-verde/

Kind emerald Irish regards,
Gerben Uunk.

Hi Gerben,

You cannot post raw links in the messages you post. Instead, you must use the LINK icon to add the text you highlight and associate a link with it like so: This is the Google Search page. Do you see how the words, "Google Search" are highlighted? When you click on the highlighted text, it will take you to the weblink I assigned to that text via the icon in the menu that appears when you are posting a message (or a reply).

Regards,

Angelo

Gerben UunklHi guys, some useful info here:   [link under review wrote:

Kind emerald Irish regards,
Gerben Uunk.

Interesting link, thank you (Gedaankt).

Thanks a million

@CVAngelo   Hi Angelo.  I am French and hav a plan to buy land in Santo Antao and build a hostel with one of my French friends.  Your response to the topic is valuable.  I have a question here and hope you could help.

You say "Make sure that the seller actually owns the land and that there are no outstanding bank loan or fees owing to the municipality".  Where and how can we check if the seller is clear is any problem with regard to the land he sells.

What do you think of the investment of building a hostel in Santo Antao?  The seller proposes the price around 7,000 euro for a land of 900 m2 near the beach in the area of Port Nova.

Thank you in advance

Stella

- @stellaluo6

@CVAngelo Hello Angelo,

Your posts are very helpful. Do you have any recommendations for a reputable real estate agency or website to search properties and land for sale in Sao Vicente? Also, do you have recommendations for home builders?

@CVAngelo Hello Angelo,
Your posts are very helpful. Do you have any recommendations for a reputable real estate agency or website to search properties and land for sale in Sao Vicente? Also, do you have recommendations for home builders?
-@CV Jones

Hi Mr. Jones,,

First some context: Sao Vicente i comprises approx 15% of the population of CV which only has a total population of half a million total. Thus, you are looking at a very tiny market with limited availability of properties. The choices for what you might consider decent  options are even more restricted. So pretty much any real estate agent (there may be just a few) will be familiar with everything that's available there. Unfortunately, I don't have any recommendations for an agency there.

On the other hand, if you are looking for a good home builder, you should consider Spencer Construction or Armando Cunha, both located in Mindelo.

Good luck,

Angelo

@CVAngelo Thanks for the insight and the recommendations.

@CVAngelo

Hi Angelo, i am new in this Forum.

I would like you to ask aa private question about a rather complicated topic, how can I send y  a private message, how can I do this via this Forum?

Thanks

Vervoortels

    @CVAngeloHi Angelo, i am new in this Forum.I would like you to ask aa private question about a rather complicated topic, how can I send y  a private message, how can I do this via this Forum?ThanksVervoortels        -@vervoortels1

Hi Vervoortels,

You can send me a private message by clicking on my profile phot, then click on the "send message" icon/button.

Angelo