The Caracola Beach and Spa Resort Comprises of 1244 apartments and duplexes spread over 15 floors, overlooking the stunning Caracola Beach, on the eastern fringes of the island’s main town, Porlamar. With four different floor layouts to choose from, populated across three blocks, the apartments vary in size from 58.5m2 to 125.8m2, nearly all with their own sea facing terrace. Construction will be to the highest standard in accordance with stringent building regulations and comes with a 10 year building guarantee. Each apartment will have a fully fitted kitchen (including white goods) as well as climate control air conditioning systems and all other furniture. All bathrooms will be fitted out with Roca or equivalent quality sanitary ware. The development will also have plenty of semi-covered parking. The project is designed to be very eco-sensitive with the use of two layers of bricks with foam insulation, combined with double glazed windows, which make for a thermally efficient environment.

Caracola’s high standards of construction will set the benchmark for others to meet and follow.

Caracola Beach and Spa Resort
Within the resort you will find a multitude of services and facilities, including:
restaurants, bars, spa, gymnasium, beauty salon, high end retail, swimming pools as well as hammocks, sun beds and chillout areas strategically located throughout the beautifully landscaped grounds.

Relaxation and leisure are common themes which ripple throughout Caracola. Whether soaking up the sun’s rays in a hammock by the pool, enjoying a relaxing massage in the spa or taking a leisurely stroll around the beautifully landscaped gardens. For more physically active pursuits there is a broad range of sports to take part in, both in and out of the water. A well equipped gym and a number of swimming pools combine with a variety of outside sports for the more active to let off steam.

Rental & Management
Caracola Beach and Spa Resort provides a genuine hands-off investment opportunity through a comprehensive management and rental package delivered by the Geneva Hospitality Group. Geneva has been selected to manage this rental package due to their best in class pedigree illustrated through delivery of generous guaranteed rental yields whilst at the same time maintaining your properties to the highest standards.

You can rest assured that your property will be managed and let by one of the best companies in the business.

The Buying Process
• Pay €3000 reservation fee
THEN EITHER:
• Pay 30% deposit less €3000 reservation fee within 28 days (or 90 days for a transfer sip )
or
• Pay 50% deposit less €3000 reservation fee to qualify for a 5% discount
or
• Pay 50% less €3000 reservation fee within 28 days (or 90 days for a transfer sip ) to qualify for a 7% discount
• On deposit pay 1.5% for legal and administration fees
• Pay balance on completion plus additional 1.5% legal and administration fees
Mortgages for the balance are expected to be available prior to completion, secured on the property, backed by the fidelity bond of the rental agreement. Competitive market rates are expected to apply at the time

Venezuela

(capital local time:
20:19:50
)

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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