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"Ideal for commercial reconversion or high-demand holiday rentals". - Redoma el Farallon I Etapa Jorge Coll, 6316 Pampatar - 5 beds house for sale

$160,000

asking price

5 beds
6 baths
560 m² area
"Ideal for commercial reconversion or high-demand holiday rentals". - Redoma el Farallon I Etapa Jorge Coll, 6316 Pampatar - 5 beds house for sale
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Description

Investment opportunity: House/Country House in the first phase of the Jorge Coll Urbanization, designed for large families or vacationers. With investment poten

Property Details

Property Type
House
Location
Pampatar, Nueva Esparta, Venezuela
Bedrooms
5
Bathrooms
6
Area
560 m²

About the Area

Pampatar, in Venezuela's idyllic Nueva Esparta state on Margarita Island, captivates with its pristine Caribbean beaches, historic 16th-century fortress of Santa Rosa de la Emma, and vibrant fishing harbor offering fresh seafood markets. This coastal gem blends colonial charm with modern resorts, providing international buyers easy access to duty-free shopping in nearby Porlamar and year-round tropical serenity. Secure your slice of paradise in this sun-soaked haven where azure waters meet authentic island living.

Investment Analysis

7/10
Value Rating

At $285.71/sqm, this property is priced above the comparables' average of roughly $200-250/sqm for similar sizes and bedrooms in Pampatar.

Highlights

  • Spacious 560sqm lot offers significant potential for expansion or rental income
  • Generous 5bd/6ba layout exceeds comparables in bathrooms for family or Airbnb appeal
  • Competitive total price aligns with larger comparable at $160k despite more bedrooms/bathrooms

Considerations

  • Higher price per sqm than a similar-sized 560sqm 4bd at $110k ($196/sqm)
  • Smaller comparables with more bedrooms suggest possible overpricing for land value alone
Listed 6 months ago

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