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Home Page > Isla Margarita > Our Developments > Caracola Beach & Spa Resort Isla Margarita

Caracola Beach & Spa Resort Isla Margarita

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Description

Caracola Beach & Spa Resort Isla Margarita 7% Net Rental Returns of 10 Years Prices from €79,000

The Caracola Beach & Spa Resort is on the south-eastern edge of Isla Margarita, an island in the Caribbean that is part of Venezuela. With an average of 320 days of sunshine per year, the island enjoys year round sunshine and very little rain. Being below the hurricane belt, Isla Margarita is NOT affected by hurricanes. The Caracola Beach & Spa Resort is comprised of 1244 apartments and duplexes spread over 14 floors, overlooking the stunning Caracola Beach. Populated across three blocks, the apartments vary in size from 57.50 to 125m2, almost all with their own sea view.

Caracola Beach & Spa Resort's 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.

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.

4 Pools	Sports/Fitness Centre
An Adult Only Pool	Duty-free shopping
Kids Club and Child Care	Sauna
Thrilling slides and lazy river rides	Hair Salon
Pool Side Snake Bar & swim up bar	Nightclub
3 Restaurants	Business Center and Conference Rooms (5,000 – 10,000 Sq. Ft.)
Activities Area on Beach for Rentals of Jet Skis, Kayaks etc.	Arcade/ Game Room (At least 1,200 Sq. Ft up to 1,500 Sq. Ft.)
Spa 5,000 Sq. Feet	Security Guard
Coffee Shop with Pastries & Snacks
Concierge Services

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 then 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 for all purchasers of Caracola Beach & Spa Resort

• Managed by world class rental & management company
• World class developer with proven record of accomplishment
• Freehold title
• Tax efficient ownership structure
• Low cost of entry (prices start at €79,000)
• Only 30% deposit required

There are a number of incentives on offer to clients wishing to purchase on Caracola Beach & Spa Resort.

To qualify for the discounts you can choose to either:-

Pay your 30% deposit within 28 days to be eligible for a 2% discount
Or
Pay 50% deposit to be eligible for a 5% discount
Or
Pay 50% deposit within 28 days to be eligible for a 7% discount

This means that there is potential to save up to €12,250 on your property purchase.

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.

Please feel free to call or email if you have any questions regarding this development or click on this link to be taken to a full website about Caracola.

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