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The Ministry of Tourism is committed to making this development one of the biggest holiday resorts in the Caribbean. This off plan project is being developed exclusively for foreign clients wishing to maximize high capital growth potential and benefit from guaranteed rental income. The Property Management Group will manage the properties and resort, with owners having 4 weeks personal holiday use per year property.
The First Phase (2 more phases to follow) will consist of a main Hotel complex and 146 freehold Villas (furnished) with 1, 2 or 3 bedrooms, designed in authentic Margarita “ranch” style to cater for the existing rental market. The development is situated adjacent to the famous Musipan Beach Park, which is a major tourist attraction on the Island with up to 2,000 visitors a day. It is also one of the top 3 Wind & Kite Surfing areas of the world! The aim is to provide a relaxing environment for all the family, combining luxury with a prime beach front location facing The Caribbean Sea.
Situated in a gated complex with private gardens and an artificial River that crosses through the condominium, entertainment areas, adult’s & kid’s pools, tennis courts, BBQ areas, restaurants, bars and coffee shops. All of this combined with stunning views. A Casino is also planned together with a Sports School, Palm Tree lined Boulevard, Jetty and water taxis to take visitors over to Coche Island, which is just 20 minutes away.
The main Hotel building will manage the properties on behalf of their owners who also benefit from guaranteed rental income. The Hotel reception staff will be able to cater for owners and guest’s needs, including booking leisure trips and excursions such as swimming with Dolphins, Kite Surfing, Deep Sea Fishing experience, shopping trips etc. International tourism on Margarita has grown rapidly and is pushing property prices higher due to the shortage of new builds. Being adjacent to the Musipan theme leisure village further enhances the capital growth potential of your investment property. Take advantage of this emerging Caribbean property market and look no further than this page ….your 5 Star investment.
Margarita Island
Margarita Island, ‘the Caribbean pearl’, as is called by the locals, is out of the hurricane belt with an average temperature of 30ºc and is located on the north east Caribbean coast of Venezuela. It’s one of three islands comprising the state of Neuva Esparta discovered by Christopher Columbus.
The Island is blessed with some of the most beautiful beaches in the world, 72 in all with names like Moreno, El Silguero, Pampatar and El Yaque.
According to the World Tourism (WTO) Margarita is already on the way to becoming a major tourist destination and because Venezuela is the gateway to South America by 2010 the number of visitors flocking to Venezuela and Margarita Island will be higher than average.
