Known as the pearl of the Caribbean the island of Margarita has emerging as the one of the most attractive property investment destinations in the world.
Considering the current economic climate Isla Margarita is positioned one step ahead of the curve and keeps its economy going from strength to strength with its oil reserves that Venezuela of which Margarita is part of has in abundance. It’s economic strength continually increasing as the demand and price of oil increases.
Because of the current low amount of top quality accommodation the Caracola Beach and Spa Resort is set to lead the way for Margarita properties and set the benchmark for others to follow.
By investing in Caracola at these early stages will benefit from the continued increase in tourism that visits Margarita each year which is fuelling the real estate market.
Out of all the emerging market overseas property for sale Margarita is very attractive as at the moment property prices on the island of Margarita are lower than other Caribbean destinations, so acting now you have provides the potential to good capital growth which is also backed up by a guaranteed minimum rental return of 7% making this development an excellent hands’ off investment opportunity.
This superb property for sale in Margarita comprises of 1244 one and two bedroom apartments with the majority having beachfront views.
The resorts facilities will be unrivalled by any other development on the island focussing on relaxation and leisure. Whether you are looking to relax on the beautiful Caracola beach, take a relaxing massage in the spa or have a meal in one of the four restaurants. The resorts facilities have something for everyone.
Caracola Beach & Spa Resort is due to be a 5 star resort surrounded by dramatic mountains, lush green landscapes and set right on the beach. The island has a superb tropical and sunny climate with very little variation in temperature throughout the year. There is no rainy season like other tropical locations and rainfall is usually brief and mostly occurring during the night time. One further benefit that Isla Margarita unlike some other Caribbean islands is that it is the only island outside the hurricane belt.
Therefore overseas investment property buyers are now beginning to consider Caracola Beach and Spa Resort as a strong option for their future investment strategies.
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