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Apartment - For Sale - Margarita Island, Nueva Esparta, Venezuela
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Ref: 000146 €108,360
   
Oceano Resort Residences  
Margarita Island, Nueva Esparta, Venezuela
  • Pool: Community Pool
  • View: Sea Views
  • Garden Type: Community Garden
  • Floor Count: 3
  • Bedrooms: 2, Bathrooms: 1, Floor Area: 69 sq. mt

    The village of El Yaque offers many services, all within walking distance of oceano. Enjoy a fresh seafood meal at one of the 20 village restaurants, or a cold beer at one of the charming beach bars. Choose the perfect pair of surf shorts from one of several surf shops, or have a beach side massage. Take a day trip to a neighbouring island, or just relax by the pool at oceano. And live the surfer lifestyle in luxury. Welcome to oceano Resort Residences, El Yaque take advantage of this opportunity to own a piece of paradise. Oceano resort residences offers World class amenities with a surfer lifestyle. Oceano resort residences offer:
    • magnificent views
    • upscale apartments
    • luxury with a surf lifestyle
    • spa
    • workout area
    • terrace
    • bar
    • two restaurants
    • two swimming pools
    • reception
    • parking
    • green areas
    The residences of Oceano combine the rustic charm of the local Margarita style with vibrant tropical colours to create the perfect blend of Caribbean chic. Contemporary interiors with a luxury finish and magnificent views provide a tranquil beachside sanctuary. The project consists of 148 furnished double apartments located 300m from the beach. There are four apartment blocks, most of which will have direct or indirect sea views. Mostproperties sales team, provide support services throughout the buying process – from administration and legal services, to a personally guided inspection trip of El Yaque and Margarita Island. The owners of Oceano´s resort residences will receive a rental guarantee of 8% of the purchase price for 10 years as the apartments will be in high demand due to the prime tourist location. Mostproperties already has agreements with various tour operators to provide guests for the resort once completed.

    Venezuela

    (capital local time:
    20:40:40
    )

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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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