| Isla Margarita, the stunning Caribbean island retreat | | | | rental income. |
| off the coast of Venezuela and off the scale in | | | | 5) Look for freehold title - you do not want to be |
| terms of its outstanding appeal and affordability, is | | | | leasing a property on Isla Margarita when the |
| becoming something of a real estate investment | | | | forward thinking government has gone to great |
| hotspot. With accessibility to the island increasing and | | | | efforts to ensure that inward investment is |
| improving all the time and the numbers of tourists | | | | encouraged by allowing foreign buyers the right to |
| arriving annually increasing as a result, buyers are | | | | own freehold title to property. Whether you buy an |
| very well aware that now is a great time to buy in | | | | individual villa or an apartment or penthouse within a |
| to this ground floor investment opportunity and | | | | resort development, insist on freehold title because |
| enjoy the longest period of potential price | | | | when you come to re-sell to realise your capital |
| appreciation. | | | | appreciation, you can guarantee any would-be buyers |
| If you've been looking for a genuine emerging | | | | will be after freehold too. |
| market of real estate opportunity, you need look no | | | | 6) Any deposits you make should be held in escrow |
| further than Isla Margarita. Buying in needn't be | | | | by your developer/agent or lawyer. As stated, don't |
| difficult either, the purchase process is | | | | be naïve when buying abroad and don't think |
| straightforward, and thanks to tax incentives now is | | | | that things have to be done differently. You wouldn't |
| a great time to buy a home, a holiday home, a | | | | blithely give away your deposit for a home in the UK |
| second home or a pure property investment asset in | | | | or US, so why would you do so in Isla Margarita? |
| Isla Margarita. | | | | 7) Buy the best that your money can afford - if |
| Here are the ten top tips for investing in this | | | | you're following this guide you're already buying in the |
| Caribbean island paradise: - | | | | best location, so you now need to buy within the |
| 1) Accept that whilst this is a ground floor | | | | best quality resort or development that you can find |
| investment opportunity, not every property you see | | | | in that locality! The best you can afford today should, |
| will make a good investment! The usual three | | | | in theory, go up proportionally in value as values of |
| important criteria apply when looking for a good | | | | real estate are likely to rise across the island. |
| property - namely location, location, location! Because | | | | 8) Look for developers with a proven track record |
| a great deal of real estate stock is coming to the | | | | who stand up well against their peers. You need to |
| market offering great choice, you need to ensure | | | | ensure you really are buying the best for your |
| the property you purchase will be of maximum | | | | money so look closely at who is developing your |
| appeal - therefore it should be front line - i.e., on the | | | | property and ensure that within their class they rank |
| beach. | | | | well, are respected and produce quality real estate |
| 2) Front line is still not a good enough reason to | | | | stock. |
| invest in a property in Isla Margarita. The more choice | | | | 9) If you are investing in property in Isla Margarita |
| there is the more discerning you need to be because | | | | with a view to turning a profit from rental, unless |
| your potential tenants certainly will be if you're buying | | | | you're going to be living on the island too you need |
| to let to the growing tourism market. So ensure your | | | | to ensure you have the services of a world-class |
| property is within a resort where there are a | | | | management and rental agency on hand to manage |
| fantastic array of amenities and facilities for your | | | | your property. The best developments available for |
| tenants, or even your own family to enjoy. | | | | sale in Isla Margarita offer this option within the |
| 3) If you are buying an investment property, | | | | resort...it's a service that can truly pay for itself |
| because the market is so competitive at the | | | | because of the levels of occupancy it will achieve for |
| moment some developments and resorts that are | | | | you and the stresses it will save you. |
| well positioned and which come with good amenities | | | | 10) And finally, Isla Margarita is already a tax friendly |
| are able to offer exceptionally attractive guaranteed | | | | island having been tax and VAT efficient and a duty |
| rental deals. Hunt these out and ensure that the | | | | free zone since the 1960s, but certain developments |
| guaranteed income is the minimum you will receive, | | | | on the island are being specifically offered to |
| so that if your property proves even more popular | | | | investors rather than lifestyle home seekers. A small |
| you will profit even more. | | | | number of these high-end developments have extra |
| 4) Any guaranteed rental returns need to be backed | | | | tax incentives in place particularly to appeal to |
| up by more than just promises from the developer! | | | | investors. One, the Caracola Beach and Spa Resort, |
| Don't be naïve when doing business abroad, the | | | | enables buyers to purchase through a Wyoming |
| best developers on Isla Margarita will have some | | | | Limited Liability Company (LLC) for maximum tax |
| form of fidelity bond backing up their promises of | | | | efficiency. |