BRAND NEW RELEASE IN THE CARIBBEAN FROM JUST €79,000!!!
Detailed information
The resort
The Caracola Beach and Spa Resort Comprises of 1244 apartments & 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 view.
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. Caracola’s high standards of construction will set the benchmark for others to meet and follow.
*including terracing ** includes all content required by Geneva Hospitality to enter the rental pool
Facilities
- Restaurants
- Bars
- Gymnasium
- Beauty salon
- High end retail
- Swimming pool with the use of hammocks & sun beds
- 45 minutes from the Isla Bonita 18 hole golf course
- Hiking facilities
- Horse riding
- DUTY-FREE shopping
Rentals & Management
Caracola Beach & Spa Resort provides a genuine hands-off investment opportunity through a comprehensive management and rental package delivered by the Geneva Hospitality Group.
Geneva has been selected to manage this rental package due to their best in class pedigree illustrated through delivery of generous guaranteed rental yields whilst at the same time maintaining your properties to the highest standards.
You can rest assured that your property will be managed and let by one of the best companies in the business.
Clients will receive a guaranteed rental of 7% NET per annum for 10 years. However, if the resort reaches over 75% occupancy in year 5 the rental will go up to 8.25%!!! PLUS this rental is backed by a fidelity bond ensuring clients will receive their return.
Payment options
• Pay €3000 reservation fee THEN EITHER:
• Pay 30% deposit less €3000 reservation fee within 28 days (or 90 days for a TRANSFER SIPP) to qualify for a 2% discount
• or Pay 50% deposit less €3000 reservation fee to qualify for a 5% discount
• or Pay 50% less €3000 reservation fee within 28 days (or 90 days for a TRANSFER SIPP) to qualify for a 7% discount
• On deposit pay 1.5% for legal & administration fees ***
• Pay balance on completion** plus additional 1.5% legal and administration fees***
**Mortgages for the balance are expected to be available prior to completion, secured on the property, backed by the fidelity bond of the rental agreement. Competitive market rates are expected to apply at the time.
It’s that simple...
***Estimated costs at time of going to print
CALL NOW FOR FURTHER DETAILS!!!
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