7% Guaranteed rental for 10 years, bonded.

Deposits from around £19,000 with nothing further to pay until completion.

Tax efficient purchase process and possible to buy through your pension.

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

The resort overlooks Caracola Beach on the south eastern edge of Isla 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 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
• 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 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.

* 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, high end retail, swimming pools as well as hammocks, sun beds and chill out areas strategically located throughout the landscaped grounds.

Caracola Beach & Spa Resort provides a genuine hands-off investment opportunity through a comprehensive management and rental package delivered by the Geneva Hospitality Group.

• Last apart-hotel directly on the beach in an area with a shortage 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 all furniture
• Low cost of entry (prices from €73,470 - including payment discounts)
• 30% deposit held in ESCROW
• Potential minimum investment from only €26,000, includes estimate of legal and administration fees