Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Seen this this morning...expected a slight pop up...I guess news hasn't got completely out yet
Yeah we have some good accumulation today
Definitely oversold!
Yeah it was 13 weeks short term and I'm pretty sure 26 weeks long term
124k in volume all green and still hasn't moved
Agree
Not with 52% on the inside...and share as cheap as they are...i think he's smarter then that....imo
Wow I'm crying over spilt milk lol
Ugh that's salt in the wound
I had alot of problems last week with that!
I figured a couple months for news originally...im in the red too...picked up 6k today not much but adding here and there when I can either way my shares aren't going anywhere for awhile...
Sad to say the way its kooking without news this is hitting sub pennies
Me Too!!
Download MacauHub mobile app (iOS version)
Download MacauHub mobile app (Android version)
Cabo Verde receives 408,000 tourists in third quarter
DECEMBER 1ST, 2015 NEWS
Hotel establishments in Cabo Verde (Cape Verde) received 408,800 guests from January to September, an annual increase of 5.8 percent, while overnight stays totalled 2.6 million or an additional 7.1 percent, reported the National Statistics Institute (INE).
In the third quarter the number of people who stayed on the archipelago’s accommodation units totalled 408,800, or an annual increase of 14.9 percent, while the 908,500 overnight stays posted the same percentage change.
Hotels remained the most popular establishments, with 88.2 percent of the total, which was followed by bed and breakfasts, 4.1 percent, inns, with 3.2 percent and tourist villages with 2.3 percent.
The island of Sal is the most popular, with 40.3 percent of all entries, followed by the island of Boavista, with 36.7 percent and Santiago, with 11.9 percent.
The main source of tourists in the third quarter continued to be the United Kingdom, with 25.7 percent of the total, which was followed by Portugal, Germany, resident Cape Verdeans and Belgium/Netherlands, with 15.6 percent, 12.6 percent, 10.1 percent and 7.3 percent, respectively.
The UK was also first in terms of overnight stays, followed by Germany, Portugal and Belgium/Netherlands, with 15.5 percent, 13.3 percent and 8.4 percent, respectively. (macauhub/CV)
Link:
http://www.macauhub.com.mo/en/2015/12/01/cabo-verde-receives-408000-tourists-in-third-quarter/
Why there is no sign of the Cape Verde property market slowing
DECEMBER 4TH, 2015
IMAGE: HTTP://OPP.TODAY/WP-CONTENT/UPLOADS/2013/09/ADRIAN-PIC-11-E13802845102981-300X300.JPG?93425B
? ADRIAN BISHOP EDITORIAL, RESEARCH + STATISTICS0 COMMENTS
OPP.Today told last month how leading Cape Verde developer, The Resort Group, has started work on the prestigious 201-room Hilton Hotel project in Cape Verde.
Cape Verde is attracting more and more tourists and the World Travel & Tourism Council says the sector accounted for 15.2% of its total GDP in 2014 and it is forecast to rise by 7% in 2015 and by 5.9% each year from 2015-2025 (reaching 18.6% of total GDP in 2025). In turn, the property sector is expanding.
The islands have been suggested as an alternative holiday destination to Sharm el-Sheikh following the recent Russian jet crash.
To find out more about The Resort Group, which was created in 2007, and Cape Verde’s growing property and tourism sector, OPP.Today interviewed UK Sales Director, Rich Moore, who has spent more than 15 years in the financial services industry.
We started by asking if Cape Verde property prices are set to grow in 2016.
Answer: Yes, the property market has grown considerably in the last decade, and there’s no sign of it slowing down next year. The fact that Cape Verde is experiencing a tourism boom tells us there is a continued demand for holiday rental properties, from private villas right through to beachfront holiday resorts. For as long as people continue to travel to Cape Verde, the property market will continue to grow.
Question: What benefits does it offer overseas investors above other countries?
Answer: The recent and on-going prosperity of the Cape Verde islands is largely connected to the continual growth in tourism. This has also been combined with a democratically elected and stable government structure and a clear strategy to develop the islands in line with that increasing touristic demand. In recent years, there have been key infrastructure improvements including supporting foreign investment and leisure development, as well as modernising the utilities, telecommunications and transport links.
For the investor, Cape Verde can offer consistency in rental returns and capital growth and this is because there is (and will continue to be) demand for properties all year around. This is largely thanks to fact that it is a safe country, with a low crime rate, and that it always has exceptional weather. Unlike some countries, Cape Verde doesn’t really have a low season (tourists can enjoy temperatures in excess of 25 degrees all year round) which makes it an attractive holiday destination at any time of the year.
Furthermore, investors will find that some countries have the potential for overdevelopment in the future, which means a destination can lose its original charm and appeal. This could result in less demand from tourists and an excess of supply, which is not appealing to property investors and owners.
Cape Verde, however, is well protected. First, the government has strict legislation in place that only allows low level and low-density projects to proceed. This not only protects the look and feel of the Islands, but also restricts the number of properties that can be built. A similar principle is applied to the land in Cape Verde. This means that much of it is protected and cannot be sold to developers.
In addition, the size of the islands will also dictate the level of development that is possible, which is an advantage over vast countries such as Brazil, Egypt or Turkey. The result is exclusivity. Property ownership is limited, and owners will effectively benefit from an excess of supply, resulting in consistent rental returns, and impressive capital growth. Ultimately, that is what real estate investment is all about, and it seems that Cape Verde is the answer.
Finally, it’s worth noting that more people in the UK are turning to overseas property investment and we’ll see a significant rise in 2016. The cost of owning and purchasing UK buy-to-let properties continue to increase due to tax changes – particularly with the recent increase in stamp duty for UK buy-to-let purchases and the cut in tax relief on rental returns.
Question: Where do you see most overseas demand coming from?
Answer: Visitors from around the world travel to Cape Verde to explore its variety of cultures. There are many Portuguese and European influences and, due to its location, there are also strong African influences. The cosmopolitan vibe therefore attracts tourists from across mainland Europe as well as the UK (about 25%). Further statistics can be seen here: http://www.macauhub.com.mo/en/2015/08/18/cabo-verde-receives-278000-tourists-in-1st-half/
From the investment side, there is a huge demand from European investors for overseas properties in Cape Verde. A large portion of investors come from European countries including Belgium, Germany and Italy. This is largely due to the Europeans’ culture and inclination to invest in homes and buy properties abroad for their families.
The picture in the UK is a little different. While some want a holiday home, many are serious investors looking to see consistent, long-term rental returns. Investors in the UK also take advantage of fractional investments, which allows clients with a smaller budget to purchase and enjoy their investment with the lifestyle advantages that come with it.
Question: Why are investors buying?
Answer: The benefits I mentioned in the second question apply here, too! The most important factor behind a decision to purchase a property in Cape Verde is strong rental yields, and most investors’ expectations are usually exceeded. According to a recent survey by Rightmove Overseas, more than 60% of property investors buying overseas said they had received a higher return on investment than they had expected.
Even off-plan properties can bring instant returns and, importantly, a high level of security. As an example, The Resort Group guarantees an off-plan incentive of as much as 7% per annum return during the construction phase.
Buying into a hotel management scheme also offers benefits. The beauty of investing in a property associated with a well-known hotel operator is that the resort will be marketed on a global scale through travel companies, agents and tour operators. Once a holiday resort is completed and operational, investors can expect ongoing rental income and consistent capital growth.
They can also expand their property portfolio as much as or as little as they like. If they’re consistently getting a higher return and further down the line want to invest in more, they can release equity from their existing property to pay towards their next one.
The lifestyle element is important to some people too, with many investors wanting to use the property as a holiday home. Through The Resort Group, cash purchasers can enjoy up to five free weeks’ accommodation every year.
image: http://www.opp.today/wp-content/uploads/2015/12/White-Sands-e1449234599414.jpg?93425b
?Among The Resort Group’s projects is White Sands on the Boa Vista island. The range of properties include suites with swim-up pools and hot tubs, penthouse and duplex style for larger and more ?exible accommodation, as well as a selection of exclusive villas with private plunge pools. The project is projected to open in 2018 but buyers can choose to invest off-plan. Prices start from €191,450.
Question: Which methods does The Resort Group find most effective in reaching international buyers?
Answer: We have a strong network of international agents, which include property consultancies and financial services companies from across Europe right through to the Far East. We provide them with extensive training to ensure they understand our positioning really well, and we offer full sales and marketing support for as long as they work with us.
We also have a strong sales and marketing operation at our head office. Our sales team liaise directly with international buyers and we sponsor events overseas including seminars.
The Resort Group is also looking for UK real estate agents for its five-star projects, as OPP.Today reported earlier.
Question: Why did The Resort Group settle on developing in Cape Verde?
Answer: Essentially, it was to capitalise on Cape Verde’s natural beauty, sensational beaches and friendly people, and put the islands firmly on the tourist map. Furthermore, Cape Verde showed political stability, consistent growth in land values and a sustained level of government investment.
Rob Jarrett, The Resort Group’s CEO, was selling Club Trump Suites when he started to look at Cape Verde as a place to build and sell properties. After conducting due diligence on the islands, he established The Resort Group in 2007 and around the same time bought land on Sal Island for our (now completed) properties MELIÃ Tortuga Beach Resort and MELIÃ Dunas Beach Resort & Spa.
Since the resorts have opened, The Resort Group has experienced phenomenal success. MELIÃ Tortuga Beach Resort, which opened in May 2011 and has 372 properties, achieved occupancy levels of over 70% in its first year. It has also won a World Travel Award for four consecutive years. MELIÃ Dunas Beach Resort & Spa, which opened in November 2014 and has 1252 properties, is now the largest hotel resort on the African continent. And, just one year after completion, it has gained a reputation as a hot overseas property investment opportunity with all of its properties on the resort now sold out. It’s also now the number one hotel in Santa Maria in Cape Verde according to TripAdvisor.
Question: How important is the tourism growth to Cape Verde property demand?
Answer: It’s paramount. According to the World Travel & Tourism Council (WTTC), Travel & Tourism in Cape Verde accounted for 15.2% of its total GDP in 2014, and it is forecast to rise by 7% in 2015, and rise by 5.9% each year from 2015-2025 (reaching 18.6% of total GDP in 2025). WTTC also placed Cape Verde 10th in the top 50 holiday hotspots after visitor numbers increased by 268% between 2000 and 2013.
Thanks to tourism, there is so much scope for property. There are more direct and regular flights to Cape Verde than ever before. Four cities in the UK fly to the country, with another 21 cities in the rest of Europe. Cape Verde is also backed by some of the biggest tour operators. For example, TUI Group sell holidays on both of The Resort Group’s completed resorts throughout the year, and Thomson added the Dreamliner 787, a much larger aircraft, to its fleet of aircraft in May 2015. Backing from large tourist companies will only help drive occupancy, and therefore lead to high rental returns for investors.
Question: Do you have any interesting market statistics or research you can share?
Answer: According to the World Trade Organisation, long-term growth of real GDP in Cape Verde has averaged 7.7% per year (1990-2013) and, in 2014, economic growth reached 2.7%. Services currently contribute about 60% to GDP, with maritime and air transport earmarked as priority sectors for development.
Cape Verde is an emerging destination, and is experiencing rapid growth in tourism figures. According to statistics here, in 1997, around 45,000 visited the islands. By the end of 2015, around 500,000 will have visited.
TAGSAGENTSCAPE VERDEEUROPEANFAR EASTSALTHE RESORT GROUPTOURISMUK
Share this article
http://www.opp.today/why-there-is-no-sign-of-the-cape-verde-property-market-slowing/#qDmsodHLmJgfmPPi.97
NEWS
World’s fastest growing commercial agent opens new office in Mexico City
© OPP Ventures 2014. All rights reserved.
Read more at http://www.opp.today/why-there-is-no-sign-of-the-cape-verde-property-market-slowing/#yUkWhdYzPr7Ims4C.99
Appreciate it you do the same brother!
Hey bought in when it was .18 and lost his @$$ ...and now has bad feelings about CAPV imo
Yeah!! Tell me about it!
Picked up another 10k
Agree but I just get stuck on trying not to increase my average...time from time its a issue but like stocks it's got its ups and down.
I had a open bid order all day myself with no action not even a partial
Nice haven't seen this yet...as short as 13 weeks and as long as 26 weeks is how I take it...
Truth!
As far as I'm concerned we got the book value already in the bank... imo
Gunning for more shares today!!
GO CAPV!!
Either way ...a update rather being postponed or one for the greater good is still a movement in the right direction...Morse code got us here...now we wait for the capv signal in the sky!
I hope they outline the islands current plans as far as revenue growth..to name a few tourism...big game fishing tournaments...a cruise development program along with casinos (my favorite) along with some other promising statements....here is from their site.
CAPV Comes Out With New Strategy For Fund Raising
by DAVID FISHER
July 1, 2015
Cabo Verde Capital Inc (OTCMKTS:CAPV), a leading company in the financial sector, announces that it has learned new strategies required to raise funds. These funds can be used in the development of mixed and tourist resort in Cape Verde.
As per the reports, the company claims to have consulted with a host of industry experts and studied detailed market reports that have been prepared by leading global development banks. In addition to this, the government of Cape Verdean has announced an initiative to float a government-backed fund with the prime focus on the development of tourism projects in the country.
Insights On The Matter:
The company holds a number of real estate sites in different parts of the country. It wants investors to participate in this program through the equity investment or direct investment in various resort projects. Market experts have conducted a lot of studies keeping in mind the demand of the country concerning tourism. The current availability of various resort properties in the country unveils that the it needs a lot more resort properties than it has now.
The number of tourists visiting this country will keep on increasing over a period in the future. The growth is going to increase with time; hence, Cape Verde needs to come up with a perfect plan to handle this surge rate. Cabo Verde Capital’s promising stand presents an ideal solution for the current situation that the country is going through.
The senior management of the company is delighted to make this announcement and hopes that things will fall in line in the coming days. Cabo Verde Capital Inc (OTCMKTS:CAPV) has a vast experience in real estate, casino development and hospitality sector; therefore, it’s the best company present in the market to deal with this critical situation.
It will continue to share further updates with shareholders from time to time to keep them informed.
www.journaltranscript.com
This entry was posted in Latest News on July 2, 2015.
Lmao you just put him on blast with that phone number up
Did you get any info of where the finance is coming from?
That's the real only gray area for me with the exception of our PR date lol
GO CAPV!!
People are still picking at it...right before the close a order went thru for 269k shares at 1.23 I'm believe was the number
Absolutely right!
Yeah I'm hoping the have a plan and they empty their sleeves
It only takes 1 good stock to make up for all the bad ones
always good humor here
Lol my luck isn't shining on this one bought in at .71 before the spiral of death happened
None of it has..tally mark after tally....the way she slapped me around I'm not going anywhere for awhile lol
I wouldn't say tomorrow but soon enough!
Had 1 purchase of 46k @0.03 which started to move things in the right direction. I don't know why else for the higher volume but hopefully a sign of things to come...i agree about the over needed news\update but sometimes no news is good news I guess
Seen red for a bit today now hovering at my average of .0239 still ain't scare!! capv making dreams come true baby!!
Ahhh no
I'm trying to find the Nevada number now
Our Office
Cabo Verde Capital Inc.
Av. Eng. Duarte Pacheco
n.° 143/145, 2°
8135-104,
Almancil
Portugal
Tel: +351 917 264 626 info@caboverdecapital.com
Long term revenue growth is in their plans of the future... and they are taking all the right steps to get there
Cabo Verde Capital Inc (OTCMKTS:CAPV), a leading company in the financial sector, announces that it has learned new strategies required to raise funds. These funds can be used in the development of mixed and tourist resort in Cape Verde.
As per the reports, the company claims to have consulted with a host of industry experts and studied detailed market reports that have been prepared by leading global development banks. In addition to this, the government of Cape Verdean has announced an initiative to float a government-backed fund with the prime focus on the development of tourism projects in the country.
Insights On The Matter:
The company holds a number of real estate sites in different parts of the country. It wants investors to participate in this program through the equity investment or direct investment in various resort projects. Market experts have conducted a lot of studies keeping in mind the demand of the country concerning tourism. The current availability of various resort properties in the country unveils that the it needs a lot more resort properties than it has now.
The number of tourists visiting this country will keep on increasing over a period in the future. The growth is going to increase with time; hence, Cape Verde needs to come up with a perfect plan to handle this surge rate. Cabo Verde Capital’s promising stand presents an ideal solution for the current situation that the country is going through.
The senior management of the company is delighted to make this announcement and hopes that things will fall in line in the coming days. Cabo Verde Capital Inc (OTCMKTS:CAPV) has a vast experience in real estate, casino development and hospitality sector; therefore, it’s the best company present in the market to deal with this critical situation.
It will continue to share further updates with shareholders from time to time to keep them informed.
http://www.caboverdecapital.com/category/latest-news/
Its All here ...no body is scamming and making stuff up ....except you.
Via hardrock web site:
we are hard rock
Hard Rock is the most exciting and energetic lifestyle brand in the world. You can feel it in our exhilarating music and authentic memorabilia, innovative signature restaurants and high action gaming. Hard Rock is redefining globally what a luxury destination experience can be. And no one does hospitality like us.
we seek rock stars
It’s your time to join the band. We are looking for both partners and Hotels & Casinos that rock. Our average system-wide size hotel is approximately 600+ rooms. Our largest property is the Hard Rock Hotel Punta Cana with 1,787 rooms and the smallest is the Hard Rock Hotel Palm Springs. Diversity is key so partners of all sizes are appreciated. We are a lifestyle, upper-upscale hotelier in the Four Star and Four Diamond category. If your property meets our requirements, please allow us to introduce ourselves.
And about capv
Cabo Verde Capital And Hard Rock Hotels & Casinos
Cabo Verde doesn’t want to miss out any opportunity to grow further and touch new heights. Taking the next step in this direction, the company has initiated discussions with Hard Rock Hotels & Casinos to carry out development related work.
As per the reports, both the companies look forward to initiating this agreement without wasting any time and expand their reach in the Republic of Cabo Verde. They have already identified two locations, details of which will be announced soon.
We have some good accumulation within the last hour
Stocks aren't for the ones who are afraid...I believe the value I paid for is under estimated at .58...buy low and sell high brother...sometime you win sometimes you lose....just try to keep the green in front and the red behide.
Glty