Advantages of Margarita to the other Caribbean islands
Why is the best place to buy real estate in the Caribbean - Margarita Island?
There are many places in the world, where would be interesting to buy property. Maybe by reading this section, you look at the island of Margarita in the Caribbean as one of the options for your investment. Here we want to give some information about Venezuela and its most popular Caribbean island.
| Main advantages: |
| *Low cost of real estate |
*Low cost of living |
| *Available from the hurricane zone |
*Excellent opportunity for investment |
| *Good infrastructure |
*Zone dyutifri |
| *Direct flights to the island from Europe |
*Direct flights to the island from Europe |
| *Guaranteed rental income |
*Low taxes |
General information.
Venezuelan island of Margarita - one of the most remarkable places in the Caribbean with the Caribbean is traditionally high prices. But low prices - this is not his only advantage. There are lots of other - eternal summer year round, very comfortable stable environment with constant sea breezes without the debilitating heat, lack of clearly defined rainy season, lack of hurricanes.
In addition, Venezuela one of the 8 major oil exporters that it provides a stable economic situation.
Margarita Island - the largest and most developed island of the 72 islands in the Caribbean of Venezuela, it somehow reminds Dominican Republic, but has much better infrastructure and less criminality. There are many casinos, 18 golf fields, a variety of restaurants, well-developed network of roads of good quality clubs, modern supermarkets and large shopping malls, amusement parks.
Economy.
The Venezuelan economy is currently one of the fastest growing in the world. Venezuela - a very rich country, thanks to big oil. In 2006, the budget added $ 50 billion from oil sales. About 80% of the oil supplied to the U.S.. The trade balance in 2006 was positive (22 billion USD).
According to official sources in the fourth quarter of 2007, the Gross National Product grew by 8.5% compared to same period last year.
Tourism.
Margaret - this is the most popular place to relax in Venezuela. Many wealthy residents of Caracas and other cities in Venezuela Margarita have a house or apartment to relax and to leave here and the holidays - this is very prestigious to have your own real estate in the Caribbean, on the island of Margarita. The population of the island increases by several times due to the influx of holidaymakers during the period from July to mid September, Christmas and New Year, as well as in the Easter week. Margarita drew Venezuelans superb beaches, proximity to the mainland, and the opportunity to combine leisure with shopping. Venezuelan tourists in large numbers brought to Margaret, among other things, alcohol (especially whiskey), cheese and chocolate, because these items are considerably cheaper than on the mainland.
In the total 400 000 inhabitants, on Margarita traveled 1.5 million tourists in 2005, 2 million in 2006 and 2.4 million in 2007 (an increase of 16%). More than half of all tourists - visitors from European countries (the permanent charter is from Germany, Holland, England, Czech Republic, Hungary, Italy). At Margarita is a beautiful modern seaport, which starts from the pier, the bulk of cruises to the Caribbean Sea.
Infrastructure.
For not too large, the Caribbean island of Margarita on the whole well-developed infrastructure - shopping malls, supermarkets, clinics, schools, kindergartens, roads. And all this continues to grow very rapidly. Construction of a new very large shopping mall, luxury hotel near the Hilton in the near future, planned to connect the city Pompatar - Asunsion - Juan Griego modern highway.
Building boom.
Currently, the island is an active construction of a huge number of residential and commercial premises. Based on strong demand for the purchase or rental of apartments and houses in the development are now more than 40 projects of very large housing complexes.
Buying Property on Margarita - simple and safe process
Anyone can pribresti property on Margarita, this does not necessarily have the status of a resident. Your purchase comes easy, fast and reliable, established through the integration of operations with real estate in bodies of state power. Only here the acquisition of real estate in the Caribbean did not cause difficulties.
The cost of real estate is very low.
The initial price level is in the region of 75 000 USD, decent villa can be purchased for only a little over 200 000 USD, and real estate, luxury - to 500 000USD. And it is in the Caribbean!
Taxes.
The buyer does not pay any property taxes for the purchase, just pay a lawyer, notary and registration. This represents approximately 1-2% of the value of real estate.
In addition, you must pay an annual property tax of approximately 100 USD.
The cost of living.
Compared with Europe the cost of living in Venezuela is low, especially the cost of such items as gasoline (liter of petrol costs a little less than 3 cents - 50 liters of total U.S. $ 1,5), and utility payments.
Demise.
Potential for delivery of real estate for rent very good, especially during periods of high seasons of Christmas, Easter, Carnival, the summer holidays, although in the period from October to April tourist season does not tail away due to the influx of Europeans and Canadians who seek to go to the Caribbean, away from their dank winters.
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