Vacation Condos for Sale - Margarita Island, Southern Caribbean

RESALE UNITS AVAILABLE - CALL OR EMAIL FOR DETAILS 

La Isla Margarita, known as the "Pearl of the Caribbean", is situated 38 km north east of the mainland of Venezuela and far from the track of Atlantic tropical storms. Its location as an island in the Caribbean sea offers lots of beaches to explore, and the Island itself is divided into two sections tenuously linked by a 24 km. sand spit which separates the sea from the fascinating Restinga Lagoon National Park. At its largest, Margarita Island measures 67 km from east to west ( Punta Ballena to Punta Arenas) and 32.4 kms. from north to south - 167 km. of shoreline liberally endowed with inviting beaches.

Margarita Island is blessed with one of the most fantastic climates in the world ? it basically has a desert climate with long periods of little or no rain and low humidity. 

Daytime temperatures at Playa El Agua on the north coast range from a high of 87F in September to a low of 80F in January.  Night time temperatures are a little cooler.  The temperatures on the south and west side of the Island (Juan Griego) can be a few degrees warmer as they receive a land wind while the north & east gets the sea breeze.

There is no fog or hail and the rain, when it comes, seldom lasts very long.  On average the Island receives more than 320 days a year of 8 hours of sun or more.

Overlooking the bay of Pampatar, Vistalmar is made up of 50 2 bed 2 bath approx 1100 sq.ft. outstanding condominiums consisting of 6 buildings with 4 floors, 2 units per floor.  Each unit consists of a Living-Dining Room, Kitchen-Laundry Room, owners closet, master bedroom with private bathroom and balcony of 5.2 m2, second bedroom and bathroom and 23 m2 main terrace. 

The development features ground floor parking for 62 cars, a janitor apartment, landscaped gardens and 2 Infiniti pools looking over the Bay of Pampatar with a sun deck.   The units are not fully furnished, however furniture packages are available.  Vistalmar is 30 minutes drive from the airport. 

 

Deposit Schedule:   $5000 lot hold; 10% (less $5000) at signing of contract; 20% at beginning of construction; 30% at roof of unit; 40% at closing.  At this time there are no mortgages available.

 

General Construction Infrastructure - Direct Concrete Foundation Slab Structure -Reinforced concrete, columns, beams and slabs Walls - Clay and/or concrete blocks, Clay block finish in salmon colors Roof - Spanish clay tiles Plumbing / Sewage / Drainage Piping ASTM Electric water heaters Water Pumps according to local regulations Underground water tank Water meter per unit Piping high resistance PVC Utilities Electricity - Lighting 110v Balanced circuits for lighting Power - 110v Balanced circuits 220v circuits for washer/dryer and AA Electricity Meters per unit Air Conditioning - 3 console Multi-split AA per unit Mechanical extraction for inside bathrooms Access road - Reinforced concrete slab Parking - Reinforced concrete slab Walkways - brick with grass Retention walls - Reinforced concrete finished with local rock Interior Finish Ceiling - plaster finish, white paint Walls -plaster finish, white paint and  Tiles in bathrooms Floors - Large format tiles in Social areas and bedrooms Small format tiles in Bathrooms Closets - Wood doors, Drawers and finishes in wood.

 

Windows - White aluminum frames with polarized glass.  Main door to Condos - Metal main door according to local regulations Bedroom and bathroom wood doors Kitchen furniture finished in Formica or similar finish in white color.

 

Natural granite top Stove and oven Washer/Dryer Refrigerator Microwave Bath Imported bathroom accessories and equipment Community Pools - Two (2) Infinity pools, Night lighting, Water pumps and filters Colored tile finish. Exterior lighting for road, walkways and pools.