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Property for sale in Venezuela

Property for sale in Venezuela



1/ Capital: Caracas


Is the capital and largest city of Venezuela. It is located in the north of the country, following the contours of the narrow Caracas Valley on the Venezuelan coastal mountain range (Cordillera de la Costa).

 

2/ Country: Venezuela

 

Is a country on the northern coast of South America. The country comprises a continental mainland and numerous islands located off the Venezuelan coastline in the Caribbean Sea. The Bolivarian Republic of Venezuela possesses borders with Guyana to the east, Brazil to the south, and Colombia to the west.

 

 

3/ Property for sale in Venezuela

 

Today property prices in Venezuela are amazingly low, and excellent holiday rental potential is the norm. due to year-round summer weather and a current shortage of accommodation to cater for the island’s booming tourist industry - in 2007 approximately 2 million tourist arrivals were recorded, an increase of 25% over the previous year.

Short and long term property price appreciation is easily achieved; the government has introduced incentives to further develop the tourist industry and increasing numbers of foreign investors are moving in (eg. McDonalds, Cartier, Hilton hotel and casino, Tiffany, Benetton, BMW).

Lying off the northern shore and forming part of the Republic of Venezuela, Isla Margarita is gaining international recognition amongst investors and tourists.

The economy of Isla Margarita is intrinsically linked to the overall economy in Venezuela, and the good news is that the nation as a whole is seeing its economy go from strength to strength on the back of the oil reserves that the country has in abundance.

Savvy property investors are enjoying the exciting opportunity that is emerging on Isla Margarita.

This is an affordable, accessible Caribbean destination that lies outside the hurricane zone and which is protected and enhanced economically speaking by an incredibly wealthy financial backer, namely one of the world’s top ten oil producing nations, Venezuela.

 
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