If the pilot fell asleep for about an hour on the way to The Canaries, you'd land in the Cape Verde Islands, a former Portuguese colony off the Senegal coast.  This is likely to be the hottest holiday home destination over the decade ahead with a superb climate and green field tourist industry.  On the cusp of major tourist infrastructural development by the Cape Verdian Government not only can you have an apartment or villa right on beautiful tropical beaches, but also scope for strong capital appreciation over the years ahead.  This is principally second home investment and like any overseas property purchase should not be undertaken lightly so consider it carefully and bear in mind that property prices can fall just like any other asset class.  You should not invest in overseas property unless you can weather potential price falls, rent shortfalls and borrowing costs with room to spare.  Do not invest on the back of interest only borrowings on Irish homes already leveraged to the hilt especially if you rely on earned income from a sector of the Irish economy heavily exposed to the threat of subsitution from low cost competitors like China.