I am in the process of buying a off-plan apartment in Cape Verde and the estate agents I am dealing with have offered to rent out the property for a fee. However, they say that I have to buy the furniture from their preferred local supplier and that the rental return is only guaranteed if there is a minimum occupancy during the year. My question is do I rent it out or sell the property before completion? I have never rented out property but I have have bought and sold an off-plan property before. Is it worth all the trouble to rent it out in the hope that property prices soar in Cape Verde in the next 5 years or should I just sell for the short term gain?

If you a prepared for a medium to long term investment then in general buy-to-let should reap much greater rewards - just do plenty of research on the area and eduacate yourself on the ins and outs of BTL using the net, books, property investment courses etc. There are plenty of free resources out there.

Best Regards

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Paul