Email Address telephone: 0845 130 9011
 
 
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Contents

 

Introduction

Caracola Beach & Spa Resort off the opportunity to invest in a stunning ocean front resort on the beautiful Caribbean island of Margarita.

Prices
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Prices from €79,000 EUROS

 

Description^ top

The Caracola Beach & Spa Resort Comprises of 1244 apartments & duplexes spread over 15 floors, overlooking the stunning Caracola Beach, on the eastern fringes of the island’s main town, Porlamar. Isla Margarita is located off the north east coast of Venezuela within the Caribbean.

With four different floor layouts to choose from, populated across three blocks, the apartments vary in size from 58.5m2* to 125.8m2*, nearly all with their own sea facing terrace. Construction will be to the highest standard in accordance with stringent building regulations and comes with a 10 year building guarantee. Each apartment will have a fully fitted kitchen (including white goods) as well as climate control air conditioning systems and all other furniture**. All bathrooms will be fitted out with Roca or equivalent quality sanitary ware. The development will also have plenty of semi-covered parking.

The project is designed to be very eco-sensitive with the use of two layers of bricks with foam insulation, combined with double glazed windows, which make for a thermally efficient environment. Caracola’s high standards of construction will set the benchmark for others to meet and follow.

Within the resor t you will find a multitude of ser vices & facilities, including: restaurants, bars, spa, gymnasium, beauty salon, high end retail, swimming pools as well as hammocks, sun beds and chillout areas strategically located throughout the beautifully landscaped grounds. Relaxation & 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 taking a leisurely stroll around the beautifully landscaped gardens.

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

Caracola Beach Resort offers a ground level investment into a secure development utilizing a tax efficient purchase process. Isla Margarita is an economically and politically strong country in which to invest.

 

Location^ top

Isla Margarita, known as the “Pearl of the Caribbean” is the most developed of three islands which form the state of Nueva Esparta, just off the North East coast of Venezuela. Although situated within the Caribbean, Margarita is not in the hurricane belt. Its’ natural beauty and tropical climate make Isla Margarita an increasingly popular tourist destination.

Isla Margarita measures 55km east to west by 22km Nor th to South. The dramatic mountainous terrain, populated with lush vegetation, flora and forna ascends to over 1000 metres above sea level and is framed by many stunning white sandy beaches. With over 300km of coastline, you may wish to bask in the sun or perhaps explore many of the more active pursuits and spor ts on offer.

Margarita provides residents and tourists alike with a huge variety of both relaxing and active ways to spend the day. The climate is a consistent 80°F, varying little more than +/- 4°C across the year, with a soothing sea breeze. The warm days & cool evenings make for a very comfortable living environment.

Despite the closeness to the mainland, just 38 kilometres, Margarita remains practically untouched by its influence. Life goes on in a typically relaxed way, the Latin lifestyle mixed with European & American influences make for a developed democratic and friendly environment.

How to get to Isla Margarita^ top

From the UK - From November to April, First Choice operate a direct weekly flight service from London Gatwick and Manchester airports. Flight times are approximately 9 hours. From May to October, flights are on a fortnightly basis. You can fly to Caracas, (35 minutes from Isla Margarita) from any of the following airports: Aberdeen, Belfast, Birmingham, East Midlands, Leeds, London Heathrow, Gatwick, Stansted and Luton.

From Europe - From the Continent you can use the following airlines: Air France, Iberia, Alitalia, Air Europe, Conviasa, Lufthansa, KLM, Condor or TAP Portugal.

From America The following airpor ts also have frequent depar tures to Caracas: Atlanta, Boston, Charlotte, Chicago, Cincinnati, Dallas, Denver, Detroit, Houston, Las Vegas, Philadelphia, Phoenix, San Francisco, Seattle and St. Louis.

Arriving and Getting Around

From Caracas there are numerous daily ‘shuttle’ flights to Isla Margarita, with a flight time of only 35 minutes. When flying into Margarita you arrive via Del Caribe International, which is IsIa Margaritas’ only airport with both international and domestic terminals. It takes about 20 minutes to drive the 25km from the airport to the Caracola Beach & Spa Resort. The taxis are extremely cheap and reliable and you can easily rent a taxi for a whole day, because the price of petrol is extremely low, about $0.05/litre! The buses run all over the island in the daytime. Locals often go Por Puesto, a taxi for 5 people which has a fixed route. In other words, a kind of collective taxi. This is a very cheap, safe and popular alternative to a regular taxi.

Properties^ top

The Caracola Beach & Spa Resort Comprises of 1244 apartments & duplexes spread over 15 floors, overlooking the stunning Caracola Beach, on the eastern fringes of the island’s main town, Porlamar. With four different floor layouts to choose from, populated across three blocks, the apartments vary in size from 58.5m2* to 125.8m2*, nearly all with their own sea facing terrace.

Construction will be to the highest standard in accordance with stringent building regulations and comes with a 10 year building guarantee. Each apartment will have a fully fitted kitchen (including white goods) as well as climate control air conditioning systems and all other furniture**. All bathrooms will be fitted out with Roca or equivalent quality sanitary ware. The development will also have plenty of semi-covered parking.

Amenities^ top

There will be:-

 

Payment Schedule^ top

• Pay €3000 reservation fee

THEN EITHER:

• Pay 30% deposit less €3000 reservation fee within 28 days (or 90 days for a transfer SIPP ) to qualify for a 2% discount

• or Pay 50% deposit less €3000 reservation fee to qualify for a 5% discount

• or Pay 50% less €3000 reservation fee within 28 days (or 90 days for a transfer SIPP) to qualify for a 7% discount

• On deposit pay 1.5% for legal & administration fees×

Pay balance on completion*

plus additional 1.5% legal and administration fees ×

*Mortgages for the balance are expected to be available prior to completion, secured on the property, backed by the fidelity bond of the rental agreement. Competitive market rates are expected to apply at the time.

Enquire Now^ top

For further information, please complete an enquiry form or telephone 0845 130 9011 or +44 (0) 121 314 8110 (if outside UK)

Enquire about this development