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Commercial and residential opportunity land in the 4 de Mayo Extension - OTRA SABANA, AV. PROLONGACION 4 DE MAYO TERRENO COMERCIAL, 6301 Porlamar - Plot of land for sale

$80,000

asking price

423 m² area

Description

Unique investment opportunity with a 423 m2 plot of land and 74.5 m2 of steel-framed warehouse-style construction, ideal for commercial, residential, tourist, a

Property Details

Property Type
Other
Location
Porlamar, Nueva Esparta, Venezuela
Area
423 m²

About the Area

Porlamar, the bustling capital of Isla Margarita, blends vibrant commercial energy with coastal charm, featuring wide avenues lined with shops, restaurants, and duty-free boutiques. Its central location offers easy access to beaches like Playa El Ángel and Playa Pampatar, as well as the island’s main ferry terminal and international airport. The neighborhood attracts both locals and visitors with its lively atmosphere, cultural events, and convenient services, making it an appealing base for international property buyers seeking both lifestyle and investment potential.

Investment Analysis

6/10
Value Rating

At $189/sqm, this property is priced above the city average of roughly $150/sqm derived from the comparables.

Highlights

  • Large 423 sqm lot offers expansion or subdivision potential
  • Matches the $80k price point of two other listings, indicating market acceptance

Considerations

  • Limited bedroom/bath details reduce clarity on rental demand
  • Higher per-sqm cost versus larger 685 sqm comp at $90k
Listed 8 months ago

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