ECONOMIC AND POLITICAL ADVANTAGES

The development of tourism, which has accelerated over the last 3 years to reach almost 1 million visitors in 2019 just before the pandemic, is driving all sectors of the economy upwards, including construction.

Full ownership of land and buildings (as opposed to English law) is guaranteed, as is the return of funds for foreigners.

The acquisition of a conditional property entitles the holder to a residence permit.

Property taxes : 0,34% of the purchase value.

Purchase transaction taxes : 1,5%

Sales tax : 1% of transaction value

Capital gains tax : 1,5%

The country has been rewarded by the IMF and UN for its good governance, stability and democratic practices, ranking first among African countries.

PLEASURE ASSETS

Annual sunshine, rainfall concentrated in August-September

Air temperatures from 22 to 29 - Water temperatures from 20 to 27

Fishing; surf casting, trolling, marlin, barracuda, tuna - Scuba diving - surfing - windsurfing - hiking - quad bike

Turquoise sea, white sandy beach, palm trees, coconut palms, relief, turtles, dolphins, whales...

Music as an art of living, carnival, pottery, painting, handicrafts

AND INVESTING IN MAIO IN PARTICULAR

Maio is a peaceful island characterized by its authenticity and the friendliness of its people. It's an island to be experienced, to swim as soon as you wake up, after your siesta, to play in the waves, to go for a walk, to tread the sand of its beaches, to walk along the tracks from north to south and from east to west to meet the locals, the fishermen, for the pleasure of your eyes, to have a drink while watching the youngsters playing soccer on the beach against the backdrop of the setting sun, to feast on fresh fish and grilled lobster... a heavenly atmosphere.

PLEASURE ASSETS

• Hikes for beginners or enthusiasts from 2 to 8 hours, with or without a guide, through villages, farm gardens, hills and valleys.
• An opportunity to taste grog, goat's cheese, and discover craftsmen, breeders and farmers.

• Around 6 virtually untouched spots on the island, cradled by the trade winds from October to May.
• Wind and waves, small regular waves, 2 metres high, lefts and rights.
• For kitesurfing, bodyboarding, surfing, paddling or kayaking.

• Abundant wildlife: fishing on foot (sea urchin, foot-pusher), surfcasting, jiggling, trolling, shark (take and release). Several operators available.
• Dive sites: drop-offs, caves, wrecks, sharks, vegetation.

• The pleasure of flamboyant green-yellow, blue, brown and breathtaking light, relief, flatness, dunes, rock.
• A population that likes to be photographed on a daily basis.

• White sand and turquoise water or black sand, desert, small cove or miles long, restless or calm... There's something for everyone and plenty of choice for every occasion.

• Possibility of group excursions or 4×4 car or quad bike rental.
• Tour of the island during the day, with a variety of experiences interspersed with breaks and picnics.

• Turtles lay their eggs from July to September.
• Hatching from September to November.

• Dolphins can be seen all year round from the coast.
• Whales are mainly visible from February to April.

ECONOMIC ADVANTAGES

• Delivery scheduled for 06/2022.
• Loading ramp for vehicles.
• Genuine port facility with boarding lounge.
• Maio, Cape Verde's maritime hub.

• Acquisition of a new, faster boat.
• Praia is only 45 minutes away by boat.
• Easy supplies from Praia.
• Greater tourism potential.

• Development of a 3,000-bed tourist residence on a 500-hectare site with a budget of €550 million.
• Limited footprint of 8% for quality construction.

• In 2020, Maio was classified as a "World Biosphere Reserve" by UNESCO, imposing ecological responsibility on its decision-making and providing a quality label for its future development.

• The principle of building an international airport was approved by the Council of Ministers in 12/2020.
• Direct flights to Europe available.

• Prices still largely affordable.
• Influx of new investors increasing the range of services and shops available

• Multi-year European financing plan to support Maio's specific development: training, business start-ups and installation.
• Structural financing: doubling of solar-powered drinking water production capacity, new power plant, creation of a sewage system, wastewater treatment plant, landfill.

PROPERTY SHORTAGE - SALES & RENTALS

• Growing demand with acceleration before COVID
• Increased purchasing power for nationals
• Domestic tourism on the rise
• Transportation improvements
• Short-term supply shortfall

• More demanding customers
• More open spaces
• The birth of a family request

• Imo-Maio needs to build up a catalog of at least 20 vacation rentals in the short term.
• We have few products to meet a diversified demand in terms of quality and availability.