WHY INVEST IN MARGARTIA PROPERTY?

 Isla Margarita enjoyed 344 days of sunshine in 2007, with over 94% of the days achieving 6 hours of sunshine or more. There have been years when the island had no measurable rain for several months. The daytime temperature averages of 30°C (86°F) and the nights are never below 20°C (68°F).

MARGARITA PROPERTY – ECONOMY

The economy of Isla Margarita is flourishing and the nation as a whole is seeing its economy Go from strength to strength on the back of the abundant oil reserves from their neighboring Country, Venezuela. Venezuela is one of the top10 oil producing nations in the world and its financial strengths are increasing continually as oil prices rise – and at the same time, the island’s government is working hard to lessen the nation’s overall reliance and dependence on oil for the longer term. Isla Margarita itself has a consistently strong economic growth with an average GDP increase of 11.3% per year between 2004 and 2007.

MARGARITA PROPERTY – TOURISM

Isla Margarita currently has average year-round hotel occupancy of 70% thanks to the presence of both domestic and international markets. It’s only in the last couple of years that the island has been available to the global tourist market. With tropical forests, exotic wildlife, verdant plantations, delicious local cuisine, stunning beaches and a plethora of activities, Isla Margarita is the ultimate vacation paradise. According to the latest figures from the World Travel and Tourism Council, the government investment into the development of a sustainable Tourism sector is paying off. The average annual increase in tourism numbers is already at 11.7% this year and is projected to rise to an astonishing 13% in 2009.

The best beaches on Margarita run along the North and East Cape like a string of pearls. There are at least 50 unique and magnificent beaches occupying 106 miles of the coastline? Isla Margaritas’ beaches are not over-crowded, even at peak season, so those of you who prefer a more isolated and private beach will not have to look far. Margarita has everything a tourist could want from Latino party life to tranquil beaches and hence such a large increase in tourism numbers when other countries tourism is decreasing.

MARGARITA PROPERTY – PROPERTY MARKET

Margarita property offers excellent opportunities for property investment due to the very attractive tax benefits of Isla Margarita and tax efficient ownership by purchasing through a Company and the massive tourism growth you have one of the best investment opportunities that our team has seen. Taken with all the other key economic, investment and tourist factors Margarita is the more than an ideal location for property investment.