Bedrooms: 4, Bathrooms: 3, Floor Area: 250 sq. mt
ISLA MARGARITA is widely tipped as one of the new hotspot areas for UK & International investors. We have monitered the economy and political situation for a while, waiting to satisfy ourselves the investment would be secure.
In 2005 we decided the external factors could only benefit Margarita, where the rich & famous of Venezuelas elite come to play, holiday and invest. So we have found the best of the market, a price to suit most tastes and options aplenty.
During the 18 months since we've been promoting the Island, we've seen prices rise dramatically. Officially the 2005 property values increased 32%, we estimate 2006 rose similarly and forcast 2007 & 8 to continue the trend. Meaning Property Values will be doubling in just 3 - 4 years.
With the wealth coming from the Venezuelan Oil Boom (Not to mention the largest Gas producer in the region), money has been flooding into the pockets of the people, which will only lead to investment in prime property and Margarita is that place!
Just think what the proposed Formula One race will do for the profile of the Island and prices of property there!
Oyster Inrternational
info@oyster-international
0044 (0)208 390 8001
www.oyster-international.com