Residencias Kemen is a modern building, completely furnished and surrounded with all the services and entertainment, making same an deal option for those who wish to absolutely enjoy their stay in the Island of Margarita, during their vacation period or as their first or second place of residence, given the centric location of same and the services that surround the area, also it is an ideal product for investors, that search for an extra yearly income by renting same, and they want to take advantage of the annual increase in the price of housing (32% average annual growth during the previous two years, according to the Chamber of Commerce of the State of Nueva Esparta).

The first private complex in the delightful Margarita Island in Venezuela, a place known as the pearl of The Caribbean, with excellent bars that have a great atmosphere, where you will enjoy delicious cocktails and national and international drinks, with typical appetizers of the Caribbean tropic. In addition, it has shopping centers (malls) of great importance, with shops that sell well known brands, and its condition of free port offers the lowest prices in the Caribbean. The best restaurants of Mediterranean and Caribbean cuisine, Great Casinos and the most beautiful beaches of fine sands and great palm trees, that are used as shelter to innumerable restaurants that serve their meals by the seashore. In Margarita Island you may also find the most original and exotic souvenirs for your loved ones, and the corner of reminiscences from our home.

Everything we offer is exclusively for gay couples where they will find a refuge for their moments of relax in company of their beloved ones, that without doubt, they will enjoy every minute of their stay, in this island of opportunities and of delightful landscapes.

Venezuela

(capital local time:
20:19:35
)

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* General information about Venezuela
* Economic data about Venezuela
* Tourist information about Venezuela
* Property buying process in Venezuela

General information about Venezuela
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Venezuela comprises a continental mainland and numerous islands located off the Venezuelan coastline in the Caribbean Sea. Venezuela possesses borders with Guyana to the east, Brazil to the south, and Colombia to the west. Trinidad and Tobago, Grenada, St. Lucia, Barbados, Curacao, Bonaire, Aruba, Saint
Vincent and the Grenadines and the Leeward Antilles lie just north, off the Venezuelan coast. Its size is 916,445 km2 with an estimated population of
28,200,000. Its capital is Caracas. Falling within the tropics, Venezuela sits close to the equator, in the Northern Hemisphere.

Economic data about Venezuela
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Venezuela is one of fastest growing economy in the world & top oil producer in the world
It enjoys average 10% of GDP growth per annum since 2002/2003
Stock market increase 140% in 2006
Excess demand for housing due to:
+ petrol dollars
+ undersupply 1 million properties
+ population growth
+ migration

Property prices increase also due to increase in money supply from record oil revenues

Tourist information about Venezuela
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Booming Tourist Market
2005 - 1.5 million,
2006 2.3 million,
2007 2.6 million

Flights from Heathrow, Manchester, Birmingham, Gatwick and Manchester.

Foreign tourists mainly: German, Canadian, British and Dutch
Hotel occupancy: Average 65% with the best hotels sold out
Cost of Living: Very Low
Weather: Year round summer + no rainy season
Activities & Excursions: Surfing, Sailing, Casinos, Golf, Scuba Diving
Beautiful beaches Outside hurricane belt
Booming Rental market: 20% rental returns average p.a.
Guarantees by bank of 8% for up to 10 years with personal use
Capital appreciation: Average 32% 2006-2007 up 100% in 11 months for off plan in up and coming areas
Increase & improvement in Infrastructure

Property buying process in Venezuela
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Any foreigner can buy a property in Venezuela with just a valid passport, a tourist visa and a Registro de Informacion Fiscal (RIF). The RIF is a fiscal identification for all persons, and can be obtained for free by request at any Tax Administration office or the Servicio Nacional Integrado de Aministracion or through a lawyer. Foreigners may also buy indirectly, through local companies or through foreign companies.

Bolivar, Venezuela Waterfalls, Venezuela Angel Fall, Venezuela Caracas, Venezuela

Bolivar, Venezuela

Waterfalls, Venezuela

Angel Fall, Venezuela

Caracas, Venezuela

Tepuy, Venezuela Venezuela Beach Venezuela Sea & Palm Venezuela Bay

Tepuy, Venezuela

Venezuela Beach

Venezuela Sea & Palm

Venezuela Bay