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For sale house to remodel, with excellent location in Los Palos Grandes - 5ta Avenida con 10ma Transversal, Los Palos Grand Quinta Ana, 1060 CCS - 5 beds house for sale

$300,000

asking price

5 beds
3 baths
400 m² area
For sale house to remodel, with excellent location in Los Palos Grandes - 5ta Avenida con 10ma Transversal, Los Palos Grand Quinta Ana, 1060 CCS - 5 beds house for sale
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Description

House for sale to remodel, located in a privileged area, has 400 m2 and 360 m2 of construction, with large spaces distributed in living room, dining room, kitch

Property Details

Property Type
House
Location
Caracas, Distrito Capital, Venezuela
Bedrooms
5
Bathrooms
3
Area
400 m²

About the Area

Nestled in the vibrant heart of Caracas, Distrito Capital, this property offers prime access to the city's bustling urban core, renowned for its stunning Andean foothills backdrop and world-class cultural landmarks like the Teresa Carreño Cultural Complex. Residents enjoy proximity to upscale shopping districts, gourmet dining, and efficient metro connectivity, blending metropolitan convenience with Venezuela's dynamic energy. Ideal for international buyers seeking a gateway to South America's most exhilarating capital.

Investment Analysis

7/10
Value Rating

At $750/sqm, this property is priced above the city average for comparables, which range from about $143/sqm for larger homes to $3,875/sqm for small apartments.

Highlights

  • Spacious 400sqm size offers good value per sqm compared to tiny high-priced apartments
  • Same price point as much larger but higher-bedroom count properties, suggesting efficiency
  • 5bd/3ba configuration suitable for family rentals or multi-unit conversion in Caracas market

Considerations

  • Smaller size and fewer bedrooms than most $300k comparables may limit rental yield
  • High per sqm price relative to oversized comps indicates potential overvaluation for size
Listed 6 months ago

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