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Apartment for Sale in Premium Residences 3, Avenida el Milagro de Maracaibo - Avenida 2 El Milagro Edificio Residencias Prem, 4002 Maracaibo - 3 beds apartment for sale

$80,000

asking price

3 beds
4 baths
140 m² area

Description

Excellent opportunity and location in the eastern part of Maracaibo.

This property boasts 140 square meters, distributed across a spacious social area that i

Property Details

Property Type
Condo
Location
Maracaibo, Zulia, Venezuela
Bedrooms
3
Bathrooms
4
Area
140 m²

About the Area

Nestled in the heart of Maracaibo, Zulia's vibrant economic hub, this neighborhood offers convenient access to the iconic Rafael Urdaneta Bridge, Lake Maracaibo's scenic waterfront, and bustling commercial districts like the 5 de Julio area. Residents enjoy a dynamic urban lifestyle with proximity to top universities, modern malls such as Centro 99, and a rich cultural scene featuring lively street markets and traditional Venezuelan cuisine. Ideal for international buyers seeking affordability and connectivity in Venezuela's oil-rich northwest.

Investment Analysis

7/10
Value Rating

At $571/sqm, this property is slightly above the Maracaibo average based on comparables ranging from $288-$769/sqm.

Highlights

  • Competitive pricing aligned with similar 3bd condos at $80000 for 120sqm and $76500 for 153sqm
  • Generous 140sqm size with 4 bathrooms, offering good space value vs smaller or fewer-bed comparables
  • Matches price of larger 170sqm 2bd and 250sqm unlisted bd properties, indicating relative bargain

Considerations

  • Higher price per sqm than some larger comparables like 250sqm at $288/sqm
  • Smaller and fewer beds than $110k 4bd at 143sqm, potentially limiting premium rental appeal
Listed 6 months ago

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