Known as the pearl of the Caribbean the island of Margarita has emerging as the next property hotspot and a great investment opportunity for the clever shrewd overseas property investor.
Considering the current economic climate Isla Margarita is positioned one step ahead of the curve and keeps its economy going from strength to strength with its oil reserves that the mainland country has in abundance. It’s economic strength continually increasing as the demand and price of oil increases.
With a lack of top quality accommodation the Caracola Beach and Spa Resort is set to lead the way for Margarita properties and set the benchmark for others to follow.
By investing in Caracola at these early stages will benefit from the continued increase in tourism that visits the island each year which is fuelling the property market.
Out of all the emerging market overseas property for sale Margarita is very extremely as currently real estate prices on the island of Margarita are lower than other Caribbean destinations, so acting now you have provides the potential to good capital growth which is also backed up by a guaranteed minimum rental return of 7% making this development an excellent hands’ off investment opportunity.
The development has 1244 one and two bedroom apartments with the majority having beachfront views.
The resorts facilities will be unrivalled by any other development on the island focussing on relaxation and leisure. Whether you are looking to relax on the beautiful Caracola beach, take a relaxing massage in the spa or have a meal in one of the four restaurants. The resorts facilities have something for everyone.
Caracola Beach & Spa Resort is due to be a five star development surrounded by natural beauty and scenery of dramatic lush mountain peaks which give way to a palm fringed beach. The island has a superb tropical and sunny climate with very little variation in temperature throughout the year. There is no rainy season like a lot of tropical locations and rainfall is usually brief and mostly occurring during the night time. One further benefit that Isla Margarita unlike some other Caribbean islands is that it is the only island outside the hurricane belt.
Now a lot of international property investors are now beginning to consider Caracola Beach and Spa Resort as a strong option for their future investment strategies.
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