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Building for sale in Playa el Yaque Isla de Margarita - Av. principal Mario Oliveros, 6311 Capital Díaz - 11 beds house for sale

$699,000

asking price

11 beds
49 baths
800 m² area
Building for sale in Playa el Yaque Isla de Margarita - Av. principal Mario Oliveros, 6311 Capital Díaz - 11 beds house for sale
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Description

Prime Location:
Nestled in the tourist hub of El Yaque Beach – the Caribbean’s iconic destination for kitesurfing and windsurfing – this exclusive 5-story prop

Property Details

Property Type
House
Location
El Yaque, Nueva Esparta, Venezuela
Bedrooms
11
Bathrooms
49
Area
800 m²

About the Area

El Yaque, on Margarita Island’s southern coast, is a breezy fishing village turned windsurfing destination, renowned for its steady trade winds and wide, shallow bay that attracts kiters and sailors year-round. The neighborhood offers direct beach access, modest guesthouses, equipment-rental shacks, and a handful of casual seafood restaurants clustered along the waterfront. Its laid-back atmosphere and proximity to the international airport—about 20 minutes by car—make it convenient for international buyers seeking an active yet unpretentious coastal lifestyle.

Investment Analysis

8/10
Value Rating

At $873.75/sqm this property is priced well below the $2,143/sqm of the comparable listing.

Highlights

  • - Large 800 sqm lot with 11 bedrooms offers strong rental income potential
  • - Significantly lower price per square meter than comparable properties
  • - Beachfront location in popular El Yaque tourist area

Considerations

  • - Unusually high bathroom count (49) may indicate commercial use or renovation needs
  • - Limited comparable data available for accurate valuation
Listed 8 months ago

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