Variety of real estate in Venezuela

From shortcomings of Venezuela as option for acquisition of real estate it is possible to note unless considerable geographical remoteness of this country from Russia. However in other aspects, despite a seeming ekzotichnost, Venezuela is represented excellent option for housing acquisition by foreigners. Real estate sale in Venezuela practically has no legal restrictions therefore for its acquisition the foreign citizen, including to the Russian, will need only those types of documents which we stated above. By the way, for citizens of Russia entry into Venezuela for the term of less than 90 days doesn't demand visa registration, that is will be to make a survey trip for acquaintance to the local market of real estate as easy as shelling pears.

One of the main features of the market of real estate in Venezuela – its variety. The elite housing is presented by country houses on the seashore. And under this definition small nice lodges with decorative personal plots, and magnificent complexes with the house, the pool, a garden and a guest lodge get also. However, not all possess means, sufficient in order that will lodge on the seashore. Therefore if you the real estate interests, Venezuela the prices on which are more acceptable, an exit can become the apartment in a new building. The numerous housing estates differing from each other by the area of apartments and remoteness from the sea, for certain will allow you to pick up something suitable.

As for

the popular directions on which real estate sale is carried out, It should be noted the island Margarita. The commercial real estate like shops and hotels there too is on sale freely. Big (1071 км.кв) and picturesque island Margarita. Tropical paradise with fine types and a year-round beach season is more than a worthy place for good rest and accommodation. Here the most known European networks of shopping centers and restaurants work. Besides, the island Margarita is the only region of Venezuela in which casino work is officially allowed.

Also there is an international airport, and ferry communication with the continent. Generally, in the direction resort real estate Venezuela practically doesn't concede to the countries of Europe. So where you wouldn't acquire real estate in this heavenly spot of the Universe under the name Venezuela, you always awake, are happy with the purchase. And it remains with you forever. And you again and again awake to remember that happy time which you carried out in this wonderful country.

Real estate on the island Margarita, in Venezuela - it is favorable

Now successful time for real estate purchase on the island Margarita, in Venezuela.

Now real estate prices in such traditionally popular resort countries as Greece, Spain, Thailand, Brazil are still much higher, than on Margarita.

And, especially, Margarita favourably differs in this plan from other islands of the Caribbean Basin.

Caribbean Islands, rather expensive place for real estate purchase, according to Analytical agency Global Property Guide as of March the 2008th price of an average lodge near the sea about 200 sq.m made on the Bermudas – 1.5 million USD, on the Bahamas – 1.4 million USD.

If to carry out comparison at the cost of one square meter of housing on Caribbean Islands, in such advanced zones as the Bermudas and the Bahamas, it makes 7000 USD, on Barbados – 6700 USD, on Virdzhinsky islands – 5000 USD. The prices in Puerto Riko, on Mantinika, Antigua and Barbuda fluctuate from 3200 to 4500 USD for meter. The cheapest real estate in Jamaica, Aruba, Dominica and in Dominican republic – 1500-3000 USD for square meter of housing near the sea.

As for Margarita's island, the price for meter here now are in range from 1000 to 2000 USD. Weakness and instability of national money and existence of a black dollar exchange rate gives some advantage to foreigners who import here other currency.

Unfortunately, the obvious and very noticeable tendency to growth of cost of real estate is now observed. It occurs because of an increasing demand for real estate on Caribbean Islands, and also because of a rise in prices for construction materials and labor costs.

At the same time, this tendency does investments into real estate purchase on the island Margarita very attractive, every year your house becomes much more expensive. This one of the few remained places where the real estate on Caribbean Islands steadily grows in the price.

Thus, Margarita for the present remains not found pearl of the Caribbean Sea. But it not for a long time. The Venezuelan economy on the speed of development concedes only to China.