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Sale of Residential Commercial House Urb Prados del Este Caracas - AV.Principal 1, 1080 Caracas - 8 beds house for sale

$475,000

asking price

8 beds
6 baths
817 m² area

Description

STRATEGIC INVESTMENT OPPORTUNITY IN PRADOS DEL ESTE

Property for Renovation with Great Commercial and Residential Potential on a Main Avenue

An extraordin

Property Details

Property Type
House
Location
Caracas, Distrito Capital, Venezuela
Bedrooms
8
Bathrooms
6
Area
817 m²

Location

AV.Principal 1, Caracas, Distrito Capital, Caracas, Distrito Capital, Venezuela

Street View

About the Area

Caracas, the capital of Venezuela, sits in a lush Andean valley at 900 meters above sea level, offering a dramatic backdrop of mountains and year-round spring-like weather. The city’s historic core, colonial architecture, and vibrant cultural scene coexist with modern skyscrapers and bustling commercial districts. International buyers are drawn to its established residential enclaves, proximity to diplomatic missions, and access to the country’s main financial and business centers.

Investment Analysis

7/10
Value Rating

At $581.4/sqm this property is priced above the $475k-$480k range of comparable homes in Caracas.

Highlights

  • Large 817 sqm lot offers expansion potential
  • 8 bedrooms provide strong rental income flexibility
  • Competitive total price versus similar-sized listings

Considerations

  • Above-average price per square meter may limit resale margin
  • Caracas market volatility adds holding risk
Listed 3 days ago

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