Isla de Margarita is a paradise island in the sun. With breathtaking beaches, increasing tourism and affordable apartments, this idyllic isle is fast becoming a desired destination for property aficionados. Currently Margarita is 40% cheaper than other Caribbean islands.
Continue reading ‘Hidden Property Hotspots: Isla de Margarita, 40% cheaper than other Caribbean Islands’

As the air seeps out of many global property markets investors face the ever-toughening challenge of seeking out a safe yet lucrative investment opportunity. GEM Estates first highlighted the Venezuelan island of Isla Margarita as a one-to-watch back in December 2006, attracted by its undeveloped nature, amenable climate, tax-free status, low cost of living and stability offered from a wealthy oil-producing nation. Yet, it has taken some time for truly inspirational, well-planned property to hit the market. Newly released Caracola Beach and Spa Resort in the Island’s main town of Porlamar certainly fits the bill.
Continue reading ‘Isla Margarita, Venezuela - Investor-Friendly Overseas Investment’

The Caracola Beach & Spa Resort - Porlamar, comprises of 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. Caracola Beach & Spa Resort provides you with an incredible opportunity to earn on your investment through capital growth as well as rental return from your property. If you combine this with the very attractive tax benefits of Isla Margarita and tax efficient ownership, you have the optimum overseas property purchase.

Continue reading ‘Caracola Beach and Spa Resort, Isla Margarita : Launch’

With property prices 50% cheaper than other Caribbean Islands and Brazil overseas property investors are setting their sights on Margarita Island, Venezuela.
Continue reading ‘Investors Set Sights on Margarita Island’

Known as the ‘pearl of the Caribbean’, being the world’s principal source of natural pearls, few people seem to have heard of Margarita Island, and it is more likely the drinkable Tequila version comes to mind rather than a Caribbean island. Discovered along with a slightly larger land mass the USA by Christopher Columbus in 1498, the slightly smaller 940-square-kilometre Isla Margarita is located 38 kilometres off the north shore of Venezuela, this mountainous tropical “Gateway to Venezuela” has long been a favourite South American getaway.

It is no surprise Columbus believed he had happened upon paradise as Margarita presently boasts no less than 50 beaches spread along 106 miles of pristine coastline but yet whose pristine setting remains a secret Caribbean island hardly known about - except for bar a handful of Venezuelans and Columbian tourists. However, according to Corportur, the state of Nueva Esparta tourist agency, tourism was up 12% in 2006, recieving some 250,000 more tourists than in 2005. Now this Caribbean secret is out… Continue reading ‘Viento y Agua property development on Margarita Island’