Fantastic house for sale Colinas de Los Chaguaramos
$1,190,000
asking price
Description
house for sale U$D 1.190.000 in Colinas de Los Chaguaramos, Caracas, Distrito Federal - CAV169366 - 11 bedrooms - 11 bathrooms - 1200 sqm - land 3863 sqm - Norma Gonzalez Rent a House
Property Details
- Property Type
- House
- Location
- Colinas De Los Chaguaramos, , Venezuela
- Bedrooms
- 11
- Bathrooms
- 11
About the Area
Nestled in the upscale Colinas de los Chaguaramos neighborhood of Caracas, this area offers stunning hillside views of the Ávila Mountain and a serene, green environment ideal for families seeking tranquility amid the city's vibrancy. Residents enjoy proximity to top international schools like the Caracas International School, modern shopping centers such as Plaza Las Américas, and reliable access to the city's business districts via well-maintained roads. With gated communities and 24/7 security, it provides a secure, exclusive lifestyle appealing to expatriates and discerning international buyers.
Investment Analysis
At $1,190,000, this property is dramatically overpriced compared to the Caracas city average where luxury homes rarely exceed $500,000.
Highlights
- Massive 11-bedroom/11-bathroom layout ideal for large family compound or rental conversion
- Prime location in upscale Colinas de los Chaguaramos neighborhood of Caracas
Considerations
- Absurdly high price in Venezuela's hyperinflated and unstable real estate market with negligible ROI potential
- Lack of specified square footage makes value assessment impossible and raises red flags
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