Caracola Beach & Spa Resort comprises 1 and 2 bedroom apartments  over 15 floors, acrossthree buildings. The apartments vary in size from 45m2 to 90m2, nearly all withtheir own sea facing terrace.

The resort overlooks CaracolaBeach on the south eastern edge ofIsla Margarita, an Island in the Caribbean that is part of Venezuela(approx 38 km north east of the mainland).

Prices from €73,470

• Caracola is SIPP compliant (subject to terms andconditions)
• 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
• 30% deposit with nothing to pay until completion
• High quality build specification
• Top hotel management company in place
• Direct flights from US and UK
  

Construction will be to the highest standard in accordancewith stringent building regulations and comes with a 10 year buildingguarantee. Each apartment will have a fully fitted kitchen (including whitegoods) as well as climate control air conditioning systems and all otherfurniture*. All bathrooms will be fitted out with Rocaor equivalent quality sanitary ware. The development will also have plenty ofsemi-covered parking.

The project is designed to be very eco-sensitive with theuse of two layers of bricks with foam insulation, combined with double glazedwindows, which make for a thermally efficient environment.

* includes all content required by Geneva hospitality to enter the rental pool

Within the resort you will find a number of services &facilities, including: restaurants, bars, spa, gymnasium, beauty salon, highend retail, swimming pools as well as hammocks, sun beds and chill out areasstrategically located throughout the landscaped grounds.

Caracola Beach & Spa Resort provides a genuine hands-offinvestment opportunity through a comprehensive management and rental packagedelivered by the Geneva Hospitality Group.

• Last apart-hotel directly on the beach in an area with ashortage of quality accommodation
• Excellent scope for capital growth
• Shops, restaurants & amenities close by
• Freehold title
• Easy purchase procedure
• Tax efficient ownership
• All Apartments come with air conditioning and allfurniture
• Low cost of entry (prices from €73,470 - including paymentdiscounts)
• 30% deposit held in ESCROW
• Potential minimum investment from only €26,000, includesestimate of legal and administration fees