1 Bed Apartment For Sale in Nueva Espartas Venezuela | PA102-pa158978

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  • Price £22,126
  • Number of Beds 1
  • Location Nueva Espartas, Margarita Island, Venezuela
  • Property Type Apartment
  • Swimming Pool Yes
  • Listing Type Fractional Ownership
  • Property Reference PA102-pa158978

Property Description

Caracola Beach Resort - Fractional Ownership

Fractions of 25% for only €27,800 are available at the luxury Caracola Beach & Spa Resort on Isla Margarita, the pearl of the Caribbean.

An investment in Caracola comes with a 10 year RENEWABLE rental guarantee of 7% rising to 8.25% after year 5, all fully underwritten by CHUBB insurance, there are no ongoing costs AND each fraction offers a week of personal usage.

The project has been fully approved for SIPP investments by Pointon York, one of the leading Pension trustees and SIPP providers, there is no usage allowance with a SIPP but investors are able to secure their pension returns.

The resort overlooks the stunning Caracola Beach and provides clients with an incredible opportunity to generate significant wealth through anticipated high capital appreciation, as well as the guaranteed rental return from an established US hotelier.

If you combine this with the very attractive tax benefits of buying through a company, this is one of the best fractional investment opportunities available today! The project has been incredibly well packaged with the end purchaser in mind, all hotel contracts, management solutions, licences and planning are in place and form part of the purchase contract.

Why invest in CARACOLA

* Ground floor investment
* Low property prices
* Property ownership is freehold
* Good accessibility, particularly from Europe,South America and the US
* Good Infrastructure – International airport & developed road systems
* Low cost of living
* Warm consistent climate, all year round
* Great facilities, activities and attractions
* Naturally beautiful, both mountains & beaches
* Tax efficient – Isla Margarita is a tax and duty free zone
* Visitor numbers reached 2.3 million in 2007
(up rom 2m n 2006 nd .55m n 2005)**
* Consistently strong economic growth:-
Average GDP increase of 11.3% per year between 2004-07**

Approximate Property Location

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Key Features

  • Swimming Pool
Overseas Mortgages Buying Foreign Exchange Holiday Home Insurance