Growth of capitalThe Hotel Bahía de Coche is a modern complex,completely furnished, and surrounded by nature,making it the ideal option for those who wish toenjoy to the maximum, their stay in a Caribbeanparadise, the Island of Coche, during theirholidays. Also, it is an ideal product for investors,that search for a yearly income by renting same,and they want to take advantage of the annualincrease in the price of housing (32% averageannual growth during the previous two years,according to the Chamber of Commerce of theState of Nueva Esparta).Inmogestión Margarita, C.A makes available toits clients an operator who will offer a rentingservice during a period of 10 years, with anoccupation of the resort, that goes from 6% to 8%(60% - 80%+ of occupation), being able the owner touse the double suite for a period of 30 days, eachyear, during the low season. Currently, operators,such as First Choice, Condor, Thomas Cook, S.I.Tours, have shown their interest in purchasingcapacity for the operation in the resort.

The project consists of nine (9) ground floor structures, with forty four (44) double modules,for a total of eighty eight (88) double suites, for a subsequent hotel operation. Totally furnished and equipped with all the services, in order to offer leisure with an all inclusive service, and located bythe sea, in the best possible location in the Island. CONCEPT - The design of the hotel, is based in the preservationof the environment, and in the total integrationwith the natural beauty that the Island of Cocheoffers. Therefore, it is a complex of low density, withplenty of services and ample green areas that areharmoniously integrated with its surroundings.The use of clay and perimetric stone walls, add thatCaribbean touch which is so native, and gives itscharacter to the Island.The master plan of the hotel, designed in a horseshoeform, without a doubt, has been planned with adouble intention, to maximize the social spacesand the green areas, and at the same time to allowthe passage of the wind, so characteristic of theIsland, maximizing the line of vision of each doublemodule.• Services• Swimming pool and Jacuzzi• Ample green areas• Restaurant• Lobby bar• Reception Desk

Realestates in this development

Hotel Bahia de Coche

Venezuela / Coche Island

Bedrooms: 1 / 74 m2

Price: EUR 118 589.74

Hotel Bahia de Coche

Venezuela / El Yaque Beach

Bedrooms: 1 / 80 m2

Price: EUR 128 205.13

Venezuela

(capital local time:
20:44:18
)

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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