|
|
          |
|
|
|
Overview Margarita Island or Isla Margarita is found just off the coast of Venezuela in the Southern Caribbean. It has a stable political system and is currently one of the fastest growing property markets in the region. Tourism on Margarita Island is increasing year on year. The breathtaking scenery and excellent hotels and nightlife and duty-free shopping are all attracting foreigners to this island paradise. Click the "View properties" button to view our properties in this location. Investor Statistics There are few restrictions on foreigners owning property on Margarita Island and property is Freehold. There are also very few problems obtaining a residency permit. Margarita Island is home to one of the Caribbean's fastest growing property markets, and many properties are seeing capital appreciation in the region of 10-15% per year. Due to the very strong tourism market, the tourist rental market is also strong and currently has a deficit of over 15,000 units across the island. Taxation There are no property purchase taxes and no capital gains taxes on Margarita Island. Alexander Richards always recommend that you consult a tax specialist regarding your personal circumstances. Financing Generally speaking, financing is not available to foreigners. Always consult a financial advisor for advice regarding your personal circumstances. |
Margarita Island
