1 & 2 Bedroom Ocenview Apartments
£62,000 to £138,000
2010
30% Deposit
70% Mortgage on Completion
Please phone for further details.
The Caracola Beach & Spa Resort Comprises of 1244 apartments & duplexes spread over 15 floors, overlooking the stunning Caracola Beach, on the eastern fringes of the island’s main town, Porlamar. With four different floor layouts to choose from, populated across three blocks, the apartments vary in size from 58.5m2* to 125.8m2*, nearly all with their own sea facing terrace.
Construction will be to the highest standard in accordance with stringent building regulations and comes with a 10 year building guarantee. Each apartment will have a fully fitted kitchen (including white goods) as well as climate control air conditioning systems and all other furniture**. All bathrooms will be fitted out with Roca or equivalent quality sanitary ware. The development will also have plenty of semi-covered parking.
The project is designed to be very eco-sensitive with the use of two layers of bricks with foam insulation, combined with double glazed windows, which make for a thermally efficient environment. Caracola’s high standards of construction will set the benchmark for others to meet and follow.
Within the resort you will find a multitude of services & facilities, including: restaurants, bars, spa, gymnasium, beauty salon, high end retail, swimming pools as well as hammocks, sun beds and chillout areas strategically located throughout the beautifully landscaped grounds.
Relaxation & leisure are common themes which ripple throughout Caracola. Whether soaking up the sun’s rays in a hammock by the pool, enjoying a relaxing massage in the spa or taking a leisurely stroll around the beautifully landscaped gardens.
For more physically active pursuits there is a broad range of sports to take part in, both in and out of the water. A well equipped gym and a number of swimming pools combine with a variety of outside sports for the more active to let off steam.
Caracola Beach & Spa Resort provides you with an incredible opportunity to earn on your investment through capital growth as well as rental return from your property. If you combine this with the very attractive tax benefits of Isla Margarita and tax efficient ownership, you have the optimum overseas property purchase.
• Caracola is SIPP compliant (subject to terms and conditions)
• Guaranteed minimum 7% pa net rental return for 10 years, increasing to 8.25% for last 5 years, if resort occupancy reaches 75% in year 5
• Rental return backed by fidelity bond
• Last apart-hotel directly on the beach in an area with a shortage of top quality accommodation
• Excellent scope for capital growth
• The best development on the beautiful Caracola Beach
• Shops, restaurants & amenities close by
• World class rental & management company
• Best-in-class developer, proven track record
• Freehold title
• Easy purchase procedure
• Tax efficient ownership
• All Apartments come with air conditioning and all furniture
• Low cost of entry
• 30% deposit held in ESCROW
RENTAL MANAGEMENT
Caracola Beach & Spa Resort provides a genuine hands-off investment opportunity through a comprehensive management and rental package delivered by the Geneva Hospitality Group. Geneva has been selected to manage this rental package due to their best in class pedigree illustrated through delivery of generous guaranteed rental yields whilst at the same time maintaining your properties to the highest standards.
You can rest assured that your property will be managed and let by one of the best companies in the business.
