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Apartment - For Sale - El Yaque Beach, El Yaque Beach, Venezuela
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Ref: 000079 €90,495
   
Carribean Suites  
El Yaque Beach, El Yaque Beach, Venezuela
  • Pool: Community Pool
  • View: Sea Views
  • Garden Type: Community Garden
  • Floor Count: 5
  • Bedrooms: 1, Bathrooms: 1, Floor Area: 65 sq. mt

    Caribbean Suites is resort that offers Services of first class like Swimming pool, Jacuzzi, Bar - Restaurant.

    Located in forward edge of the sea in one of popular beaches but and extensive of margarita island called el agua beach, a structure of half moon that guaranties to all the suites a Wonderful view to the Caribbean Sea.

    El Agua Beach:

    This is one of the most popular beaches in Margarita Island. This wonderful beach has semi oceanic clear waters with approximately 4km length and it is located on the east of the Island. Playa El Agua is a very developed hotel area in Margarita Island. The Boulevard across the entire beach offers a very extensive variety of restaurants, 'kioskos', souvenir stores, internet coffee shops, and many other places of your needs, without a doubt you will find everything you need right on Playa El Agua. Getting to know playa El Agua means falling in love with it…

    Venezuela

    (capital local time:
    20:28:39
    )

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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
    ------------

    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
    ------------

    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
    ------------

    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
    ------------

    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.

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    Exchange rates 1 VEB = 0.00047 $ 1 VEB = 0.00028 £ 1 VEB = 0.00031 €
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