Independent · Mindelo

The data platform

Market Snapshot

Key indicators for the São Vicente investment market. Every figure on this page is pulled from the same registry that powers our articles, neighbourhood guides and calculators. Update once, update everywhere.

Last updated 2026-06-01. Estimates are clearly labelled. See Data Transparency for sources and method.

Exchange rates

CVE–EUR peg

110.265CVE per EUR

Fixed under the 1998 Exchange Cooperation Agreement (Portugal–Cabo Verde).

Population

São Vicente resident population

~75,000people

Airport passengers

São Vicente international airport

VXE. Cesária Évora International

Located in São Pedro, ~12 km from Mindelo.

Property prices

Mindelo centre. Asking price

€1,300–€1,900per built m²

Renovated apartments in the historic core. Asking, not transaction.

São Pedro / west coast. Asking price

€1,500–€2,400per built m²

Beach-corridor villas and apartments. Wider range due to plot quality.

Rental yields

Long-term rental. Gross yield, Mindelo metro

4–6%

Short-stay rental. Gross yield

6–9%

Well-located, well-operated units. Highly operator-dependent.

Nightly rates

Mindelo short-stay ADR (1-bed)

€55–€85per night

Occupancy

Short-stay annual occupancy

55–70%

Well-listed units in central Mindelo. Festival weeks excluded from the band.

Property taxes

IUP. Property transfer tax

1.5%of transaction value (standard rate)

Portugal–Cabo Verde double-taxation treaty

In force since 2000

Infrastructure

Electricity & water operator

Electra

This page is not a complete dataset; it is a public snapshot of the most-cited indicators. The Invest São Vicente data registry tracks far more series internally, each with source, confidence level, collection date and review interval. Read about our standards in the Editorial Policy.