Invest here for as little £18,600* !
'Isla de Margarita...known as 'the Pearl of the Caribbean'
The Project
Fringed with Coconut palms overlooking a stunning beach, the Caracola Beach and Spa Resort is a luxury apart-hotel resort with 1244 beach-front, one and two bed apartments on the picturesque Isla Margarita in the Caribbean.
SOARING PROPERTY MARKET DUE TO:
Excess domestic demand
Strong economic growth and
Mass tourism which is attracting more and more foreign buyers.
Guaranteed rental return of 7% (net of all costs) for 10 yrs, protected by insurance bond
Tax efficient ownership
Pre-launch prices with excellent scope for capital growth
Low cost of entry (prices start at €79,000)
Low deposit (only 30%) goes into ESCROW
SIPP compliant (subject to terms and conditions of the SIPP)
Best apart-hotel on the island
World class developer
Best in class rental & management company with proven track record
Low cost of living
Direct flights from the UK
Peace of mind and certainty through robust due diligence carried out by the developer
Margarita is the only Caribbean Island outside of the hurricane belt
PRICES FROM ONLY €79,000!!!
FOR A BROCHURE E- MAIL TODAY - property@reececarrington.co.uk
What facilities will there be on Caracola?
There will be:-
o 4 Pools
o Connecting Pools for Children & Adults
o An Adult Only Pool
o Thrilling slides and lazy river rides
o Pool Side Bar & swim up bar
o Pool Side Snack Bar
o Activities Area on Beach for Rentals of Jet Skis, Kayaks etc.
o Spa 5,000 Sq. Feet
o Nightclub
o Sports Center or Fitness center
o Treadmills
o Bikes
o Other Equipment
o Yoga Studio, Aerobics, Pilate’s
o Duty-free shopping
o Kids club
o Sauna
o Conference Rooms
o 5,000 – 10,000 Sq. Ft.
o Child Care
o Arcade/ Game Room
o At least 1,200 Sq. Ft up to 1,500 Sq. Ft.
o Hair Salon
o Security Guard
o Business Center
o Lobby Area Bar/ Lounge
o Concierge Services
o Large Front Desk Area with 10-12 work stations
o Housekeeping Department Offices & laundry 5,000 Sq. Ft.
o Main Offices & Work Area 3,000 Sq. Ft.
o Coffee Shop with Pastries & Snacks
o Restaurants:
o 1 Themed Restaurant
o 1 Fine Dinning to Sit 100 – 150 people
o 1 Casual Dining to Sit 75 – 100 people
o 1 Mid Scale
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Property Type: Apartment
This is an Off-Plan property Estimated Date of completion: December/2010
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Country: Venezuela |
| Region: Margarita Island
(Margarita Island)
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| City / Town: Porlamar
Find city/town on map
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| Location: On Beach,
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Airport 1: , Distance: 20 km
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| Asking Price: |
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79,000 |
62,892 |
123,122 |
| Notes from the owner/agent: | The developer has chosen to use the highest quality materials and the best qualified and most professional construction partners to complete the Caracola Beach and Spa resort project, whilst still providing products that are competitively priced (so margins are low). The developer has therefore chosen to incentivise investors by offering:-
5% discount for clients who pay 50% deposit instead of 30%
2% discount for clients who complete the promissory contract within 28 days
Clients will get both discounts if they pay 50% instead of 30% and complete the contract within 28 days.
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This property is no longer listed
Contact information not available
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