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Stunning FRONTLINE Beach Development - Superb Guaranteed Rental and Investment [ SOLD ]

 Region: Venezuela

 Price: USD $ 172 996

 Bedrooms: 2

 Property Type: Beach Property

 Development State: Off Plan

 
Features: Garden, Pool, Terrace / Deck Amenities: Golf Course, Shops, Bars & Restaurants, Medical Facilities, Near beach resort, In beach resort, On the Sea, Near the Sea, In vacation place, Near a golf course, 24 Hour security, Gymnasium, Childrens Swimming Pool, Sea View, By the Sea, Sauna, Jaccuzi Description:
The Caracola Beach & Spa Resort Comprises of 1244 apartments and duplexes spread over 14 floors, overlooking the stunning Caracola Beach. Populated across three blocks, the apartments vary in size from 86 to 90.00m2, nearly all with their own sea view.

Construction will be to the highest of standards in accordance with the most stringent of building regulations. Each apartment will have a fully fitted kitchen (including white goods) as well as hot and cold pumped air conditioning. All bathrooms will be fitted out with Roca or equivalent quality appliances. The development will provide plenty of semi-covered parking spaces to accommodate the resident or more adventurous tourist.

The project is designed to be very eco-sensitive with the use of solar panels to assist with the supply of electricity. Two layers of bricks with foam insulation, combined with double glazed windows make for a very thermally efficient apartment. Caracola's high standards of construction will set the benchmark for others to meet and follow.

Why Invest?

Caracola Beach & Spa Resort provides owners with incredible opportunity to make money through the capital growth as well as rental return from their property. If you are then to combine this with the very attractive tax benefits of the Margarita Island, you have the optimum in overseas property purchase.

• Last apart-hotel directly on the beach in an area with a shortfall of availability for top quality accommodation
• Huge scope for capital growth by getting in early on the best development on Isla Margarita
• Hands off, fully managed investment
• Guaranteed rental yield of 7% (net of all expenses) for 5 years backed by a fidelity bond
• Managed by world class rental & management company
• World class developer with proven track record
• Free hold title
• Tax efficient ownership structure
• Low cost of entry (prices start at €77,420)
• Only 30% deposit required

Caracola really does present purchasers with the ideal investment. Even clients who are purchasing purely for their own personal use can rest assured that they are getting in at just the right time before property prices increase to catch up with the rest of the Caribbean Islands.

Where is it?
Caracola Beach and Spa Resort is on the south eastern edge of Isla Margarita, an Island in the Caribbean that is part of Venezuela (approx 38 km north east of the mainland).

What about Hurricanes?
Isla Margarita is below the hurricane belt and as a result does NOT get hit by Hurricanes. In fact, very little rain falls at all on the Island. In 2007 there were 344 ‘sunny days’ (defined as having 6 hours or more of sun).

What are the temperatures like?
Average temperatures range from lows of 25°C to highs of 31°C throughout the year.

Facilities

Within the resort you will find a multitude of services and facilities which includes: restaurants, bars, spa, gymnasium, hairdressers, high end retail, swimming Pools as well as hammocks, sun beds and chill out areas strategically populated throughout the beautifully landscaped grounds.

Relaxation and leisure are common themes which ripple throughout Caracola. Whether soaking up the sun's rays in a hammock by the pool, enjoying a relaxing massage in the spa or simply walking around the beautifully landscaped gardens.

For more physically active pursuits there is a broad range of sports both in and out of the water to take part in. A well equipped gym as well as a number of pools combines with a variety of outside sports for the more active to let off any pent up steam.

Prices:

One Bedroom Apartments (Type C) from 77,420 euros
Two Bedroom Apartments (Type A) from 100,940 euros
Two Bedroom Apartments (Type B) from127,400 euros
Type D Apartments not released to date

*Discounts available via various payment options
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