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Condo Hotel For Sale in Isla Margarita, Venezuela :: 5 STAR RESORT YARDS FROM THE BEACH
Sell Price: 108551
Location: Last Wind
Isla Margarita
Nueva Esparta
Venezuela
Property Type: Condo Hotel
Property Details:

This unique development of fully furnished, detached and semi-detached single story villas with terraces is strategically located in a 5 star beachfront resort next to the Musipan Leisure Village, providing affordable luxury accommodation designed to satisfy the demanding requirements of the rental market drawn to the attractions of the leisure park on one of the world’s most beautiful island locations. With asking prices 70% cheaper than other Caribbean Islands, full rental management by a UK experienced hoteliere, and 10 year rental plans with the 1st two years at 8% guaranteed rental income, this project is a smart investment. Re-designed in partnership with Margarita Island's Ministry of Tourism, the development will also benefit from a Casino in the near future, all of which adds up to an attractive investment opportunity.

Providing unique accommodation with 146 one, two, and three bedroom villas, the priviliged owner will find fantastic on-site facilities including large communal swimming pools, children's pools, bars and restaurants. The Leisure Park is already hugely successful, drawing families from the mainland of Venezuela and further away. Further plans for Last Wind include extra pools, restaurants, and a health spa, as well as several world championship races in Playa El Yaque. There are a range of bars and restaurants alongside five waterslides leading down to four different swimming pools and poolside bars. Conditions for windsurfing are among the best in the world.

Musipan, Last Wind is a resort within itself and is ideally located only ten minutes from the airport and five minutes from the nightlife of Playa El Yaque. A regular ferry service allows visitors the chance to visit the beautiful island of Coche only 20 minutes away. There are direct flights to margarita from the UK, Holland and Germany. A range of international airlines fly into Caracas, the capital of Venezuela; Margarita is a 35 minute onward flight. The island attracts a large sailing community who anchor principally at the Concorde Hotel Bay at Porlamor. El Yaque beach is a world’s famous destination for windsurfing and related beach sports. The beautiful Last Wind Resort sits just off Playa El Yaque, one of Margaritas most stunning beaches located in the south of the Island. This little beach has become an eldorado for sea sport participants. It is one of the world’s greatest destinations for windsurfing and a host of other water sports.

 

LAST WIND
Venezuela, Nueva Esparta, Isla Margarita

One Bedroom   50m² to 59m²   €73,000 to €83,000
Two Bedrooms   112m² to 112m²   €116,000 to €117,000
Chalets / Villas / Estates   76m² to 182m²   €101,000 to €159,000
 
 
Condo-Hotel 
GUARANTEED RENTAL INCOME OF: 8.00%


 

Web Site: http://imoinvest.com/index.php?id=4&sub=3&object_id=1338
Date Published: 06-Feb-2008
Date Updated: 12-Feb-2008

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Contact Info
Gregory Lu
Contact now

Phone: +44 (0)207 845 0700
(London Office)
Phone: +353 (0)1 443 44 11
(Dublin Office)
Phone: +1 202 299 9866
(Washington DC Office)
Phone: +33 (0)1 53 63 33 30
(Paris Office)

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