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COCHE ISLAND - Beach Resort Investment

Bahia Coche Island Margarita property
              local price
 80,000 English
              UK price
 £44,000

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.

Oyster International

00 44 (0)208 390 8001

info@oyster-international.com


Property Status
Off plan

Property Type
House/Villa
Bedrooms
2               
Bathrooms
2

40 m² (430 ft²)

Shared Garden

yes



Coche Island property investment OVERHEAD VIEWThe beach on Coche Islandvilla plan

0208 390 8001

Area Details

Country
South America   
Town
Coche Island

Nearest airport
Porlamar

 Airport distance
30-40 min drive
 Beach distance
Under 5 min walk



00 44 (0) 208 390 8001

info@oyster-international.com

Skype: neiloyster

©2005 Oyster International - 279 Ewell Road, Surbiton, Surrey, KT6 7AB, UK


Oyster International Property Consultants search the globe to find positive yielding Property Investments in areas where strong Capital Growth is anticipated. Not all companies are equal, not all companies treat you as their client, not all companies tell you the truth! Beware the alternatives.

Specialising in: Canada, USA & the Caribbean, South/Central America particularly Margarita Island, Egypt, India, some South East Asian countries like Thailand, Malaysia, Cambodia and the Philippines , holiday homes and relocation in Italy, Portugal, Canary Islands, and limited other locations

Currently investigating New property deals in Montenegro, Albania, Central America, South America, New Zealand, Australia, and more.

Developers, brokers and agencies are required to adhere to the strict compliance set out by FOPDAC. or similar official bodies.

Promotors of www.freeindex.co.uk & featured in www.top100realtor.com an independant guide to Real Estate Professionals.