The Opportunity - In Detail

Margarita - Affordable Caribbean Property

Margarita is one of the few Caribbean islands outside the hurricane belt, and property on Margarita is among the least expensive in the Caribbean. The Dominican Republic has become big in the investment world, as the cheapest place to buy a Caribbean beach house, but that hot-spot will now be shared with the Isla Margarita.

The Opportunity - At a Glance

• Guaranteed rental
• Growing tourism
• Plenty of amenities and activities
• Surprisingly strong infrastructure
• Strong economic growth
• Tax & duty free zone
• Ground floor, early bird opportunity
• Excellent short-term investment potential
• Beautiful beaches
• Potential for 20% growth between now and completion
• Capital appreciation forecast at least 20-30% for next 5 years

Early Bird Investment Opportunity

This is one of the few truly early-bird investment opportunities on the global market, and people who get in now will be able to sell in 4 years for twice what they paid, maybe even do so in just under 4 years. We haven't just plucked that figure out of the air, to explain how we reached it we also need to mention rental yields.

Rental Yields

A property near a Caribbean beach at these low prices, properly marketed, possibly by a holiday lettings firm, you can charge less than competing properties elsewhere in the Caribbean, while still getting at least an 8% yield, possibly even as much as 12% or more. Visitor numbers to margarita have been increasing by 300,000 - 500,000 per year since 2004, on the back of the increasing tourism, Margarita's average GDP growth 11.4% per year over the same period.

Margarita - The Next Holiday Hotspot

As Margarita emerges as the next hot holiday destination, the developing tourism industry will continue to spread affluence throughout the island, living costs will rise, including building materials, wages will rise, including builders and labourers, and house prices will be driven up rapidly.

The Resort

The Caracola Beach & Spa Resort Comprises of 1244 apartments & duplexes spread over 15 floors, overlooking the stunning Caracola Beach, on the eastern fringes of the island's main town: Porlamar.

The Apartments

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 sea views.

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.

Main Info

• Property ownership is freehold
• Good accessibility, particularly from Europe, South America and the US
• Good Infrastructure - International airport & developed road systems
• Low cost of living
• Warm consistent climate, all year round
• Great facilities, activities and attractions
• Naturally beautiful, both mountains & beaches
• Tax efficient - Isla Margarita is a tax and duty free zone
• Visitor numbers reached 2.3 million in 2007 (up from 2m in 2006 and 1.5m in 2005)
• Consistently strong economic growth:-Average GDP increase of 11.3% per year between 2004-07

The Location

Isla Margarita, known as the "Pearl of the Caribbean" is the most developed of three islands which form the state of Nueva Esparta, just off the North East coast of Venezuela. Although situated within the Caribbean, Margarita is not in the hurricane belt. Its' natural beauty and tropical climate make Isla Margarita an increasingly popular tourist destination.

Isla Margarita measures 55km east to west by 22km north to south. The dramatic mountainous terrain, populated with lush vegetation, flora and forna ascends to over 1000 metres above sea level and is framed by many stunning white sandy beaches.