Cape Verde 💰 CVE Last updated2026-05-28

Crédito habitação Calculator Cape Verde

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Quick answer (Cape Verde)

A mortgage of 8,000,000 CVE at 6.5% over 25 years works out to a monthly payment of about 54 017 , with total interest of 8 204 972  over the full term.

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Mortgage Calculator

USD

Home Value

LTV 80% · No PMI ✓

Loan Amount

Interest Rate

Term

Total Monthly

$67,350

PITI

Principal + Interest

$54,017

51% goes to interest

Total Interest

$8,204,972

over 25 years

Monthly Breakdown

Principal & Interest$54,017

Property Tax (1.1%/yr)$9,167

Homeowner's Insurance (0.5%/yr)$4,167

Total Monthly$67,350

Principal vs Interest Split

49% principal

51% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only — consult a licensed lender for exact rates.

Reviewed by

Aisha Rahman, CFP®, MBA LinkedIn ↗

CFP® with 12+ years in mortgage & retirement planning.

Local context

Crédito habitaçãos in Cape Verde

Typical loan

8 000 000

in Cape Verde

Typical rate

6.5% p.a.

prime borrower, 2026

Typical term

25 years

most common

Market overview

Cape Verde's mortgage market is led by Banco Comercial do Atlântico (BCA, Caixa Geral de Depósitos group), Caixa Económica de Cabo Verde, and Banco Caboverdiano de Negócios (BCN), supervised by the Banco de Cabo Verde (BCV). The escudo cabo-verdiano is pegged to the euro at exactly 110.265 CVE/EUR — a continuation of the historical link via the Portuguese escudo legacy, backed by a 2003 cooperation agreement with Portugal that provides a credit facility to defend the peg. Strong Portuguese, Dutch and French diaspora remittances and tourism on Sal and Boa Vista drive a resilient residential market.

Why 6.5% is the typical rate

A rate near 6.5% reflects the BCV reference rate tracking ECB policy through the euro peg, plus a modest country-risk spread that has compressed thanks to IMF Article IV positive reviews and the Portugal credit-line backstop.

Tax & regulatory notes

Property transfers carry the IUP (Imposto Único sobre o Património) at 3% of the higher of contract value or VPT (taxable patrimonial value), plus notary and registry fees of roughly 1-2%. Mortgages are registered at the Conservatória do Registo Predial under the Civil Code (heavily influenced by Portuguese law). The BCV's Aviso 4/2017 on consumer credit aligns disclosure with EU Directive 2008/48/EC, including TAEG (taxa anual de encargos efectiva global) and a 14-day right of withdrawal.

🧮 Worked example

A mortgage of 8,000,000 CVE at 6.5% over 25 years

Loan amount

8 000 000

Annual interest rate

6.5%

Term

25 years (300 months)

Monthly payment

54 017

Total interest paid

8 204 972

Total paid (principal + interest)

16 204 972

❓ FAQ (Cape Verde)

Common questions in Cape Verde.

Como funciona o peg do escudo cabo-verdiano ao euro?

O CVE está fixado ao euro em exactamente 110,265 CVE/EUR desde 1998, originalmente via escudo português; um acordo de cooperação cambial com Portugal (2003) fornece uma linha de crédito de defesa cambial, eliminando o risco cambial nas hipotecas em CVE para residentes na zona euro.

A diáspora pode obter crédito habitação em Cabo Verde?

Sim, BCA, Caixa Económica e BCN têm produtos dedicados para emigrantes em Portugal, Holanda, França e EUA, com comprovação de rendimentos no estrangeiro e LTV habitualmente de 60-70%.

Que entrada inicial é necessária?

O BCV permite LTV até 80%, portanto a entrada mínima é 20%; para a primeira habitação, BCA e Caixa Económica oferecem programas com entrada de 10% e bonificações para jovens trabalhadores.

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