financing a purchase

In Cape Verde, it is now possible for buyers to get financing of up to 70% of the purchase value of a property. We work in conjunction with My Mortgage Direct to assist purchasers with this form of financing. Alternatively, you can pay for your property in full via your own methods.

mortgages:

For more information on obtaining a mortgage for your property please go the mortgages page where the process is explained in more depth. However, below is a brief list of the documents you will be required to submit to obtain a mortgage -

• Letter applying for the loan, mentioning the amount requested
• Copy of the property sales agreement
• Copy of the property registry certificate (certidao de registro predial)
• Copy of the tax registry certificate (certidao matricial)
• Income tax return.

self financing:

Below is a list of documents you will need to obtain -

Private individuals:

• Letter of request
• Plot of Land Registration Certificate or Building description edited by the conservatory
• Architectural project approved by the city council

Companies:

• Company’s commercial registration certificate
• Social pact 
• Copy of the publicised official bulletin 
• Last two years balance or opening balance (for a new company)
• Study of investment project viability
• Personal details and list of partners assets

bank accounts:

Whichever way you decide to finance your purchase, it is advisable to open a bank account in Cape Verde. There are a number of banks to choose from including BCA and BCN. Below is a list of documentation required to open an account -

• Copy of passport
• Completion of BCA’s account opening form including information on residence status,
  income, parents names, contacts and profession.
• Minimum deposit of 50.000, ECV

Contact nôscasa now or register your details online