Active

house (Multi-Level) for sale in Alto Hatillo, Distrito Metropolitano

$1,675,000

asking price

7 beds
10 baths
1,200 m² area
1,600 m² lot
house (Multi-Level) for sale in Alto Hatillo, Distrito Metropolitano
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Description

LUXURY SINGLE-FAMILY HOME
Location: residential development El Alto Hatillo
Isolated single-family home
General Features:
1. land Area = 1,600 sqm of land and Built Area = 1,200 sqm approximately
2. Year of construction: 2000
3. The home is located at the highest part of a dead-end street with full views over the access road.
3. Alto Hatillo, Caracas, Distrito Metropolitano

Property Details

Property Type
House
Location
Caracas, Distrito Metropolitano, Venezuela
Bedrooms
7
Bathrooms
10
Area
1,200 m²
Lot Size
1,600 m²

Location

Alto Hatillo, Caracas, Distrito Metropolitano, Caracas, Distrito Metropolitano, Venezuela

Street View

About the Area

Nestled in the vibrant heart of Caracas' Distrito Metropolitano, this property offers prime access to the city's bustling urban core, renowned for its mix of modern skyscrapers, cultural landmarks like the Teresa Carreño Theater, and expansive green spaces such as Parque del Este. Residents enjoy proximity to top-tier dining, international schools, and efficient public transport links, making it an ideal hub for expats seeking a dynamic lifestyle in Venezuela's economic powerhouse. With stunning Andean views and a secure, upscale ambiance, it's perfectly positioned for savvy international investors eyeing long-term appreciation.

Investment Analysis

7/10
Value Rating

At $1395.83/sqm, this property is slightly below the average price per sqm of comparable large luxury homes in Caracas, which range from about $1100-$1800/sqm.

Highlights

  • Spacious 1200 sqm lot at competitive $1395/sqm for a 7bd/10ba luxury house
  • Similar size and pricing to $1.75M comp (1588 sqm) and $1.4M comp (1240 sqm)
  • High bedroom/bathroom count ideal for high-end rental or family investment in Caracas
  • Strong value relative to smaller, pricier comps like $1.8M for 991 sqm

Considerations

  • Outlier small 55 sqm comp at $27k/sqm skews averages but not directly comparable
  • 21bd comp at $1129/sqm suggests potential for multi-unit conversion upside
  • Caracas market volatility requires due diligence on security and liquidity
Listed 5 months ago

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