IPI-Caracola Beach, Isla Margarita, Venezuela
Investment Indicators
? 10% Rental Guarantee at 7% net backed by major insurers
? High Rental Potential
? Favourable Payment Terms

Isla Margarita is considered to be the number one destination to invest in beachfront property by the popular 'Place in the Sun' magazine. The island is blessed with all year round sunshine, an idyllic tropical environment, and prices as much as 70% lower than elsewhere in the Caribbean.

The Investment
? 2.3 million visitors arrived in 2007 (and growing at 15% p.a.)
? Tax efficient ownership
? SIPP compliant (offering 100% financing)
? Low cost of living
? Direct flights from many European and US airports
? Outside the hurricane belt
? 30% payment to escrow account
? Freehold property
? No maintenance or service fees
? Discounts of 2-7% on prompt deposit payment
? Caracas just a 35 minute flight from Isla Margarita
? 8th biggest oil producer in the world

PRICES:
1 bedroom Apartments from 79,000.00 EUR, 45 sqm
2 bedroom Apartments from 103,000.00 EUR, 68 sqm

Development Description
Located on the south-east corner of Isla Margarita, this development comprises 1,244 apartments and duplexes spread over 15 floors, overlooking the stunning Caracola Beach. Offering a multitude of services and facilities to meet the high requirements of today's tourists, relaxation and leisure is a strong theme throughout the complex.

The Facilities
? 4 pools
? Spa
? Nightclub
? Fitness centre
? Duty free shopping
? Kids club
? Sauna
? Conference room
? Child care
? Arcade
? Hair salon
? 24 hour security
? Business centre
? Lobby / bar
? Concierge service
? Housekeeping and laundry
? Coffee shop
? 4 restaurants
? Lifts will serve every floor in each block
? Ample parking space

The Units
? 1244 apartments and duplexes spread over 15 floors
? One and two bedroom apartments and duplexes from 45m2 to 90m2(the 90m2 units have all been reserved)
? Four model types (A-D)

The Rental Potential
? Guaranteed rental scheme for 10 years at 7% net

The Exit Strategies
? 7% 10 year rental guarantee scheme, backed by Chubb Insurance Bond
? Higher rental revenue of 8.25% if occupancy increases to 75% level
? Strong domestic demand and economic growth

The Security
? 10 year build guarantee
? Deposits are placed in an escrow account
? Legal and financial structure is commissioned by Powerscourt Services Ltd
? Caracola Beach and Spa is operated by an American company - dealing in hard currency insulates investors from any volatility in exchange conditions
? Building License has been granted

Investors are always advised to seek professional legal advice to assist them with their purchases.

The Developer
? Promoters of international real estate investment opportunities
? Many years of international property experience
? A proven moral and ethical approach to business

Potential Capital Appreciation
Per annum 9.00% - Conservative estimate from market research
Potential Rental Income
Per annum 7.00% - Rental Guarantee Programme

Development Timetable
Construction Start: 3rd Quarter 2008
Construction End: 4th Quarter 2010

Location Details
Isla Margarita, known as the 'Pearl of the Caribbean' is the most developed of the three islands that form the state of Nueva Esparta, just off the North East coast of Venezuela.

Measuring only 55km east and 22km North to South, with over 300km of coastline, this island has limited space for development due to undeveloped and protected regions on the island.

Although the island is in the Caribbean it is not situated within the hurricane belt, making it an idyllic and increasingly popular tourist destination.

By Air
When flying into Margarita, you arrive at Del Caribe International, IsIa Margarita's only airport with both international and domestic terminals. Porlamar is located 25km away from Caracola Beach

From the UK
From November to April, First Choice operates a direct weekly flight from London Gatwick and Manchester airports. Flight times are approximately 9 hours. From May to October, flights are on a fortnightly basis. Other cities that offer flight connections include:
? Aberdeen, Belfast, Birmingham, East Midlands, Leeds, London Heathrow, Gatwick, Stansted and Luton

From Continental Europe
The following airlines operate from major European cities:
? Air France, Iberia, Alitalia, Air Europa, Conviasa, Lufthansa, KLM, Condor or TAP Portugal

Arriving and Getting Around
? Taxis are extremely cheap and reliable and you can easily rent one for a whole day as the price of petrol is extremely low
? Buses run all over the island in the daytime. Locals often travel Por Puesto, in a collective taxi for 5 people, with a fixed route and rate

Local climate
? Temperatures range from 26ºC in January to 31ºC in September
? Night time temperatures drop by 4 or 5ºC
? Gentle breezes constantly blow across the island, giving a welcome contrast to the hot sun

PLEASE CONTACT US ON 01-6771188 FOR FURTHER DETAILS.

Features:

- Fully licensed and bonded Estate Agents (S1229A). Authorised by the Financial Regulator - A004235/06
- 10 year rental guarantee at 7%
- Call into our offices for further details!
- Phone us for more info
- Wide selection of properties available

To request further details please use the Contact Us link below.

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