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Caracola Beach and Spa Resort [ SOLD ]

 Region: Margarita

 Price: USD $ 114 078

 Bedrooms: 1

 Property Type: Apartment

 Development State: Off Plan

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Features: Garden, Pool
Amenities: Shops, Bars & Restaurants, 24 Hour security, Gymnasium, Sea View, In Spa Resort, By the Sea, Childrens Playground, Sauna
Description:
The Caracola Beach and Spa resort overlooks the stunning Carcola Beach. It provides a genuine hands-off investment opportunity through a comprehensive management and rental package.

It comprises of 1244 apartments and duplexes spread over 15 floors overlooking Caracola Beach on the eastern fringes of the island's main town, Porlamer.

Construction will be to the highest standard in accordance with stringent building regulations and comes with a 10 year building guarantee.
Each apartment will contain:

- Fully fitted kitchen (including white goods).
- Climate control air conditioning.
- Fully furnished.
- includes all content required to enter the rental pool.

Within the resort there are a number of services and facilities:
- Restaurants and bars.
- Spa, Gymnasium, Beauty salon
- Swmming pools and landscaped gardens.

Caracola provides you with an incredible opportunity to earn on your investment through capital growth as well as rental return from your property:

- Guaranteed 7% rental income for 10 years.
- Management and rental delivered by Geneva hospitality group.
- 30% deposit and nothing more until completion ( 30% held in ESCROW).
- Caracola is SIPP compliant (subject to terms and conditions).
- Last apart-hotel on the beach in an area with a shortage of top quality accomodation.
- Tax efficient ownership.

Prices :

One Bedroom Apartment ( Type C) From 77,420 Euros
Two Bedroom Apartment ( Type A) From 109,760 Euros
Two Bedromm Apartment ( Type B) From 136,220 Euros.
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