Why invest in Caracola Beach and Spa Resort
- Ground floor investment
- Low property prices
- 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 rom 2m n 2006 nd .55m n 2005)**
- Consistently strong economic growth:-
Average GDP increase of 11.3%per year between 2004-07**
* Statistic supplied by Venezuelan Ministry of Tourism
**Statistic supplied by www.latinbusinesschronicle.com
Why Invest in Caracola?
Caracola Beach & Spa Resort provides you with an incredible opportunity to earn on your investment through capital growth as well as rental return from your property. If you combine this with the very attractive tax benefits of Isla Margarita and tax efficient ownership you have the optimum overseas property purchase.
Rental management
- Caracola is SIPP compliant (subject to terms and conditions)
- Guaranteed minimum 7% pa net rental return for 10 years, increasing to 8.25% for last 5 years, if resort occupancy reaches 75% in year 5
- Rental return backed by fidelity bond
- Last apartment hotel directly on the beach in an area with a shortage of top quality Accommodation
- Excellent scope for capital growth
- The best development on the beautiful Caracola Beach
- Shops, restaurants & amenities close by
- World class rental & management company
- Best-in-class developer, proven track record
- Freehold title
- Easy purchase procedure
- Tax efficient ownership
- All Apar tments come with air conditioning and all furniture
- Low cost of entry (prices from €79,000 -excluding payment discounts)
- 30% deposit held in ESCROW
- Potential minimum investment from only €26,000 *
*Includes estimate of legal and administration fees
