MGM Cape Verde
Mindelo · São VicenteCaroline GranycomeCC BY-SA 2.0
Cape Verde

Cape Verde.
A vision for the whole archipelago.

Territory, infrastructure, institutions and finance: MGM’s knowledge of Cape Verde guides its work. For each island, a specific reading. For each project, a concrete pathway.

The Overview

Cape Verde in numbers.

491.233
Resident population
INE — Census 2021
10 / 9
Islands / inhabited islands
INE
Praia
Capital
INE — Census 2021
110,265 CVE
1 EUR · fixed exchange rate
Banco de Cabo Verde
6,12 mln
Accommodation beds · 2025
INE
MGM Geographies

An archipelago, different geographies.

Map of Cape Verde showing MGM’s operational presence in Boa Vista and Santiago and selected areas of interest (Sal, São Vicente, Maio)
MGM Presence
Boa VistaReal estate development and operational presence.
SantiagoOperational, administrative and relational coordination.
Strategic directives
SalSão VicenteMaio
Real estate development in Sal and São Vicente; land value enhancement in Maio.

The map distinguishes the current presence in Boa Vista and Santiago from the development directives. The strategy includes new initiatives also in Santiago, São Vicente and Sal, and operations on land in Maio.

MGM perspective

Local experience.
An archipelago-wide vision.

Boa Vista is the starting point. The MGM strategy includes new initiatives in Santiago, São Vicente and Sal, as well as land value enhancement in Maio. Each island requires knowledge of the territory, its infrastructure and the institutional and financial context.

01

Boa Vista

Operational presence

The starting point of MGM’s real estate journey: Sal Rei, Pérola da Cruz and Tropical Retreat, together with support and management activities on the ground.

02

Santiago

Presence and future development

The coordination in Praia is accompanied by the intention to develop new real estate initiatives on the island, to be defined through individual projects.

03

São Vicente

Development director

Among the islands identified for MGM’s real estate development expansion, with projects to be selected and structured in relation to the local context.

04

Sal

Development director

An additional direction of MGM’s real estate strategy. New initiatives will be assessed for asset quality, feasibility and market alignment.

05

Maio

Land strategy

Focus on the search and assessment of land for future acquisition and value‑enhancement operations, subject to the necessary due diligence and agreements.

The development directives describe MGM’s strategy. New operations will be presented with the relevant documentation when defined; they are not presented as active sites or currently available investments.

Knowing a territory means understanding its complexity as well.

Developing in Cape Verde requires attention to logistics, supplies, infrastructure, authorisations, feasibility and the specific characteristics of each island.