Cape Verde Real Estate Index

ITI is 1% when you buy, IPI 0.1% a year. The rates, the taxable value, building land, surcharges and the exemptions that still apply.

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22 February 2026 · 4 min read

Property tax in Cape Verde from 2026: ITI and IPI

Tax Legal 2026

Since 1 January 2026 two codes set the property taxes in Cape Verde. ITI is paid once, when a property changes hands.[1] IPI is paid every year for owning one, and replaces the former IUP.[2]

ITI: the tax when you buy

ITI is 1% of the property's taxable value. It rises to 3% when the seller or the buyer is taxed under a privileged tax regime, as the general tax code defines it.[1]

If the taxable value is €150 000, ITI at 1% is €1 500.

IPI: the yearly tax on owning

  • The general rate is 0.1% of the taxable value a year. On a taxable value of €150 000 that is €150. [2]
  • Plots classified as building land pay 0.15%, on a taxable value of 10% of the value of the buildings planned for them.[2]
  • Vacant, ruined or degraded urban buildings pay 25% more, and buildings with an unfinished main facade 10% more.[2]

Exemptions that still apply

Both codes keep the tax benefits set in special laws.[1][2] The best known is the Green Card law of 2018, which exempted holders from IUP, the tax IPI replaced.[3] The IPI law says references to the IUP rules now refer to the IPI code.[2] Whether an exemption covers your purchase is a question for your lawyer, with the property in front of them. Read the Green Card guide.

What to ask before you sign

  • The property's taxable value, and the ITI it gives.
  • Its yearly IPI, and whether any is unpaid from earlier years.
  • Whether an exemption applies, in writing.
  • The notary and land-registry costs, which come on top.

The asking prices on the listings are what sellers ask, not taxable values.[4]

Last updated 17 October 2026.

Sources

  1. Lei n.º 54/X/2025 — Código do Imposto sobre a Transmissão de Imóveis (ITI) — Assembleia Nacional de Cabo Verde. Boletim Oficial, I Série, n.º 46, 6 de junho de 2025. Historical document; confirm current amendments and applicability with a qualified adviser. Official document (Legislation; accessed 19 June 2026).
  2. Lei n.º 55/X/2025 — Código do Imposto sobre a Propriedade de Imóveis (IPI) — Assembleia Nacional de Cabo Verde. Boletim Oficial, I Série, n.º 46, 6 de junho de 2025. Historical document; confirm current amendments and applicability with a qualified adviser. Official document (Legislation; accessed 19 June 2026).
  3. Lei n.º 30/IX/2018 — estatuto diferenciado do titular de segunda residência (Green Card) — Assembleia Nacional de Cabo Verde. Boletim Oficial, I Série, n.º 23, 23 de abril de 2018, p. 539. Historical document; confirm current amendments and applicability with a qualified adviser. Official document (Legislation; accessed 19 June 2026).
  4. Cape Verde Real Estate Index — market data — Qojo. dated asking-price observations and tracked inventory by island; a sample of public listings, not sale prices or valuations. Qojo (Qojo dataset; accessed 19 June 2026).