offplan property abroad, Caracola Resort, Margarita island

Isla Margarita, known as the "Pearl of the Caribbean" is the most
developed of three islands which form the state of Nueva Esparta,
just off the North East coast of Venezuela. Although situated within
the Caribbean, Margarita is not in the hurricane belt. Its' natural
beauty and tropical climate make Isla Margarita an increasingly
popular tourist destination. 2.5 million tourists visited Isla Margarita
in 2007 with this figure expected to increase year on year.

The investment package available entails a €3,000 reservation fee.
You then pay 30% deposit WITH NO FURTHER FUNDS PAYABLE
until completion late 2010. 70% mortgage finance is available through UCB Bank with rates around 6.5% (subject to status). Property can
be purchased using a Self Invested Personal Pension (SIPP).

Category:

Travel & Events

Tags:

• Caracola
• beach
• spa
• resort
• caribbean
• isla
• margarita
• SIPP
• investment
• property
• overseas
• holiday
• home
• apartment