INVESTMENT OPPORTUNITY ON BEAUTIFUL WHITE SANDY ISLAND OF COCHE OFF THE MARGARITA COAST - VILLAS ON FULL SERVICE RESORT WITH ALL AMENITIES, GUARANTEED RENTALS.
The units are 1 bedrooms, 1 bathrooms, built in traditional Caribe style, furnished with air-con, ready to rent, tour operators are lining up to feature the resort in their brochures, which allows the developers, in association with the management company to offer a rental of between 6 - 8%. Afterwhich a rental pool will provide income. Given the popularity of Coche and the lack of holiday accommodation, occupancy rates are forecast to be over 60% which will offer even better returns.
San Pedro de Coche. The islands capital, is a fishing village and Ferry dock, but San Pedro is more than a dock; it is a very colourful settlement with a fresh unique personality. Along its coast you can watch the busy dock, men and women at their daily work, putting fish to dry at the sun. Beautiful "playa la punta" is the main attraction with its white sand and tranquile turquoise water, it is the perfect place to relax and enjoy kitesurfing, the sport that is making the island most famous. "Playa el oasis and el coco" are alternative beaches also worth visiting.
Isla Margarita is a popular destination with multiple beach resorts. It has hotels and duty-free shopping centres. The capital, La Asuncion is a sleepy colonial town complete with narrow cobblestone streets a 17th-century cathedral and a Spanish fortress (El Castillo de Santa Rosa). It is a daytrip every tourist makes during their visit. Among the natural attractions of the island are its beaches (72 of them), mangrove swamps & lagoons. The northern part has some of the island’s most spectacular scenery. Food is very inexpensive here. A family of 5 can more than live off of a week of groceries here for about $74.00. However eating at one of the many seafood restaurants can be cheaper than cooking.
Margarita is still relatively unknown as a destination, however, with plans to bring Formula One to the new racetrack currently under development, the profile of the island is likely to greatly enhanced.
GETTING THERE: Direct flights from Gatwick, Manchester, Frankfurt, Madrid, and more. Numerous US & Canadian routes as well as South America. Commuter flights to Caracas are widely available, from where the World truly is your Oyster! A pink one perhaps if you just pulled it from the Oyster Beds of Margarita.