house with two levels in Pedregosa Alta Cero details
$170,000
asking price
Description
Sale of house U$D 125,000 in Mérida, Mérida - CAV269457 - 4 bedrooms - 3 bathrooms - 140 sqm - land 140 sqm - Rafabienes, c.a
Property Details
- Property Type
- House
- Location
- Mérida Mérida, , Venezuela
- Bedrooms
- 4
- Bathrooms
- 3
About the Area
Nestled in the cool Andean highlands of Mérida, this vibrant university city offers international buyers a rare blend of colonial charm and modern amenities, with cobblestone streets leading to bustling markets and world-class hiking in Sierra Nevada National Park. Surrounded by snow-capped peaks and cascading waterfalls, the neighborhood provides a serene, temperate escape from Venezuela's coastal heat, ideal for eco-conscious investors seeking high rental yields from students and tourists. Properties here boast stunning mountain views and easy access to cable car rides to the world's highest station.
Investment Analysis
At $170,000 for a 4bd/3ba house, this property appears overpriced relative to Mérida's average home prices, which typically range from $80,000-$120,000 for similar sizes amid economic constraints.
Highlights
- Spacious 4-bedroom layout ideal for family rentals or Airbnbs targeting tourists
- Prime Mérida location in the scenic Venezuelan Andes with university-driven rental demand
- Potential for value appreciation with regional tourism recovery
Considerations
- Unknown square footage makes size-value assessment impossible and risks overpayment
- High political and economic instability in Venezuela elevates investment risks
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