Fringed with Coconut palms overlooking a stunning beach, Caracola Beach and Spa Resort is a luxury apart-hotel resort with 1244 beach-front, one and two bed apartments on the picturesque Isla Margarita in the Caribbean.
Caracola is just over 24km from the International Airport. The drive, along modern roads takes approximately 30 minutes.
The Caracola Beach and Spa Resort Comprises of 1244 apartments and 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.
Within the resort you will find a multitude of services and 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.
Caracola Beach (Caracola is a Conch shell indigenous to Isla Margarita) is a long straight golden sandy beach which attracts runners, cyclists and people on horse back.
The Caracola Beach and Spa Resort will be the best and last truly front line development on the beach itself.
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.
Relaxation and 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.
Caracola's high standards of construction will set the benchmark for others to meet and follow.
Why Invest in Caracola Resort
Caracola Beach and Spa Resort provides owners with 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 in overseas property purchase.
Guaranteed minimum 7% per annum 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 and amenities close by
World class rental and 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 (prices from €79,000 - excluding payment discounts)
30% deposit held in ESCROW
Potential minimum investment from only €26,000*
*includes estimate of legal and administration fees
