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Margarita Island, Terrazas de Vista Azul residential complex, excellent - calle principal de Villa Juana, sector Villa Rosa Condominio Residencia Vis, 6301 Porlamar - 3 beds apartment for sale

$49,000

asking price

3 beds
3 baths
95 m² area
Margarita Island, Terrazas de Vista Azul residential complex, excellent - calle principal de Villa Juana, sector Villa Rosa Condominio Residencia Vis, 6301 Porlamar - 3 beds apartment for sale
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Description

Margarita Island, excellent townhouse with ample space, ideal for a large family or vacations. The complex features a constant water supply, 24-hour security, a

Property Details

Property Type
Apartment
Location
Porlamar, Nueva Esparta, Venezuela
Bedrooms
3
Bathrooms
3
Area
95 m²

About the Area

Porlamar, the vibrant heart of Nueva Esparta on Isla Margarita, captivates international buyers with its bustling coastal charm, pristine beaches like Playa El Agua just minutes away, and a lively mix of upscale resorts, gourmet seafood dining, and duty-free shopping at the Sambil Mall. This dynamic neighborhood offers secure gated communities and modern amenities, blending island paradise relaxation with convenient access to Margarita International Airport for effortless global travel. Ideal for savvy investors seeking high rental yields in Venezuela's premier Caribbean gateway.

Investment Analysis

7/10
Value Rating

At $515.79/sqm, this property is moderately priced compared to Porlamar's city average, offering good value for a spacious 3bd/3ba unit versus smaller comparables.

Highlights

  • Spacious 95sqm with 3bd/3ba at competitive $49k price point
  • Better per sqm value than most comparables, especially vs $70k 1bd
  • Prime tourist location in Porlamar boosts rental yield potential

Considerations

  • Higher price than some 2bd/3bd comps at $32k-$36k, check condition
  • Nueva Esparta market volatility due to tourism fluctuations
Listed 6 months ago

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