Tickle International Property
We are a long established family estate agency that specializes in finding overseas properties for British clients and we never forget that there is more to making a home than buying a house. Ours is an easy, no rush, personalized service to help you find the right home for you!
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Description
El Agua Suites is a small aparthotel development due to be completed in December 2008. It will consist of 52 apartments on 4 floors: 6 double suites and 46 single suites. A modern style apartment hotel, with services, quality finishing’s, sea and mountain views and strategically located 150m from the Mar Caribe Sea and from the main promenade where you can find all the restaurants and bars.
The project will offer you a full "turnkey" investment opportunity as every apartment comes fully finished with kitchens, tableware, silverware, Linen, TV set, Telephone and Air Conditioning included.
Other features include;
• Recreational Area: swimming pool, lobby bar and green areas.
• Reception and Restrooms located on the ground floor.
• On site Jacuzzi and solarium.
• 24h surveillance service and controlled access.
• Lifts.
• Car parking bay.
10 Year 8% Rental Guarantee + Capital growth Potential
El Agua Suites Garden is ideal for those seeking an investment due to a guaranteed 8% per annum rental income for 10 years along with excellent capital growth potential, currently running at over 20%p.a. Purchasers may enjoy use of their property for a period of 30 days per year excluding peak seasons (Christmas, Carnival, Easter, and summer). Purchasers can opt out from the rental scheme after the first 5 years and if the property were sold within such period the new purchaser must accept the rental conditions of the previous owner.
PLAYA EL AGUA
Playa El Agua is the most popular beach on Margarita Island with 3km of fine sand, an abundance of palm trees, restaurants, bars and kiosks. Many beach side establishments provide sun lounges and deckchairs, beach service and showers. One can even find a local market and beach vendors selling icecream, drinks, massages and fresh oysters (a dozen for a dollar!). The beach is used and loved by young and old alike, families with children, couples and singles. Strolling through the beach proves to be a pleasant and refreshing experience.
Construction Schedule
El Agua Suites is currently under construction. The completion date is December 2008.
KEY INVESTMENT FEATURES OF MARGARITA ISLAND
Property is up to 50% cheaper than other Caribbean Islands and Brazil.
The island is only 15% developed, yet tourism figures have increased by 40% over the last 2 years in 2006, 8000 tourists could not find accommodation.
Booming property market due to a combination of excess domestic demand, strong economic growth and mass tourism which attracts foreign buyers.
Guaranteed Rental Returns due to the booming tourist industry and lack of quality accommodation.
Duty free Island with only 0.5% sales tax and only 2.5% buying taxes in total
Margarita is the only Caribbean island outside the hurricane belt.
A very low cost of living and excellent quality of life.
Direct flights in the UK alone from Manchester, Birmingham, Gatwick and Heathrow.
This is an investment 'nobrainer', 8% back per annum for 10 years!! Do not miss out on this one.
The refundable reservation fee is €4,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first instalment. After 30 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.
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Plans
