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MORTGAGES IN CAPE VERDE
Buying in a foreign country can be confusing and complicated due to the various banking systems, language barriers and the distance between yourself and the country in which you are buying.

By using a qualified mortgage broker, such as Cape Verde Mortgage Company, you can be confident that the right mortgage, tailored to your needs, together with an approval in principle, can be obtained for you.

This will provide you with the peace of mind that your ideal property is affordable. The worry can be taken out of the whole process by using the services of a specialist.

Why Borrow In Cape Verde
The impact of the Euro / Pound exchange rates is negated as you borrow in Euros.

The loan here has no impact on your UK credit facility.

Your own home may be at risk if you have to release equity from it to purchase in Cape Verde and your circumstances change.

Investments do not need to be cashed in – cancellation of any investment is not recommended in today’s financial climate.

The situation on the islands regarding finance is very simple. Cape Verde does not have the sophisticated range of products that are available in other countries including the UK.

Production Formation
Usually 50% of the valuation is available on a repayment basis. Up to 65 years old and for 25 years.

Rates of interest from 4-7.5% depending on your circumstances and the development you are buying on, e.g. if you borrow €50000 your repayments over 20 years will be between €307- €409.

Please note these are examples only.

Use our free consultation to discuss your personal situation as the banks’ terms and conditions can change.

You will need to provide proof of your income and any UK debts are taken into account when calculating your affordability.

Credit reports may also be required.

All banks have an administration fee to set up the mortgage and will apply a penalty for early repayment.

Why Use Cape Verde Mortgage Company
We are specialists in financing property on all of the Cape Verde islands with an in-depth knowledge of local financial markets.

Our staff is UK qualified and has been providing financial solutions for purchasing property in Cape Verde since 2006.

CVMC are professional, independent, experienced Mortgage Brokers based in Sal, not tied to any banks, real estate or insurance companies, which ensures that we are able to secure the very best option for you.

Please get in touch with us for a free consultation by calling one of the numbers shown.
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