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Shopping Center, for sale, In Juan Griego, Nueva Esparta, Isla de Margarita, 623.19 m², 16 Stores and 16 bathrooms - Inmuebles Margarita - 2 MIL

$342,000

asking price

16 baths
0 m² area
1 m² lot

Description

Surface Area: 1,226.30 m² Stores: 16 bathrooms: 16 Electricity Services: Yes Water Services: Yes

Property Details

Property Type
Other
Location
Juan Griego, Nueva Esparta, Venezuela
Bathrooms
16
Area
0 m²
Lot Size
1 m²

About the Area

Nestled in the vibrant coastal town of Juan Griego on Margarita Island in Nueva Esparta, this neighborhood offers stunning Caribbean Sea views, pristine beaches like Playa Juan Griego, and a lively marina bustling with fishing boats and yachts. Ideal for international buyers seeking a relaxed island lifestyle, it features fresh seafood markets, colonial architecture, and easy access to hiking trails in the nearby Macanao Peninsula, all within a short drive to Porlamar’s shopping and amenities.

Investment Analysis

3/10
Value Rating

This property is significantly overpriced compared to the city average, where comparables range from $100 to $210,000.

Highlights

  • Exceptional number of bathrooms (16) suggesting potential for high rental yield in a tourist area
  • Located in Juan Griego, a coastal tourist spot in Nueva Esparta with strong vacation demand

Considerations

  • Unclear bedroom count and 0.0sqm size raise red flags on actual usability and value
  • Price far exceeds comparables, indicating poor investment value at $342,000
Listed 6 months ago

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