Hotel for sale in Playa El Yaque, Margarita Island
$1,800,000
asking price
Description
*HOTEL FOR SALE IN PLAYA EL YAQUE – MARGARITA ISLAND*
*(Just steps from the sea)*
An excellent investment opportunity in the area of the island with the gre
Property Details
- Property Type
- Commercial
- Location
- Marcano, Nueva Esparta, Venezuela
- Bedrooms
- 21
- Bathrooms
- 21
- Area
- 2 m²
About the Area
Marcano sits on the eastern tip of Margarita Island, where calm Caribbean waters meet a quiet, residential shoreline. The area offers easy access to nearby beaches like Playa Parguito and the ferry terminal at Punta de Piedras, while everyday conveniences—markets, pharmacies, and small restaurants—are clustered along the main coastal road. Its low-rise homes and steady sea breezes create a relaxed island atmosphere that appeals to buyers seeking both privacy and proximity to the water.
Investment Analysis
At $900000/sqm this property is priced over 100x above the Marcano commercial average of roughly $8000/sqm.
Highlights
- Massive 21-bed/21-bath layout could support hotel or hostel conversion
- Located in popular Nueva Esparta tourist corridor
Considerations
- Price per square meter is unrealistic for the local market
- Extremely small 2 sqm footprint makes any conversion impractical
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