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Land with commercial premises - Juan Bautista Arismendi Sin número, 6308 Porlamar - 3 beds plot of land for sale

$77,000

asking price

3 beds
3 baths
1,500 m² area
Land with commercial premises - Juan Bautista Arismendi Sin número, 6308 Porlamar - 3 beds plot of land for sale
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Description

Excellent investment opportunity.
1500m² land strategically located on Juan Bautista Arismendi Avenue, La Cruz del Pastel sector with 8 commercial premises bui

Property Details

Property Type
Land
Location
Porlamar, Nueva Esparta, Venezuela
Bedrooms
3
Bathrooms
3
Area
1,500 m²

About the Area

Porlamar, the vibrant heart of Nueva Esparta on Isla Margarita, captivates international buyers with its bustling coastal lifestyle, pristine beaches like Playa El Agua just minutes away, and a thriving mix of luxury resorts, high-end shopping at Sambil Mall, and fresh seafood markets. This dynamic neighborhood offers secure gated communities and modern amenities, ideal for those seeking tropical paradise with easy access to international airports and year-round island adventures. Invest in Porlamar's enduring appeal, where Caribbean sunsets meet sophisticated living.

Investment Analysis

4/10
Value Rating

At $51.33/sqm, this property is moderately priced compared to Porlamar's city average, offering better value per square meter than high-end comparables but higher than the $72.57/sqm of the $50k listing.

Highlights

  • Exceptional land size at 1500 sqm provides strong development potential in a tourist area
  • Low price per sqm relative to luxury comparables ($600k+ for tiny plots) indicates bargain for bulk land
  • 3bd/3ba setup adds immediate rental income possibility in Nueva Esparta

Considerations

  • Outlier comparables like $1 and unspecified sizes make market valuation uncertain
  • Porlamar's economic volatility may impact liquidity and appreciation
Listed 6 months ago

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