About Margarita Island
Margarita Island - Country Profile
Information about Margarita Island
Margarita Island is one of Off Plan Property World’s newest and most exciting locations. An emerald gem in the Caribbean Sea, the island lies off the North coast of Venezuela, and is one of the least developed islands of the region, offering completely unspoilt beaches, and beautiful tropical greenery.
However, the island has more to offer than its climate and scenery alone. For those interested in the history of the region, the island’s capital, La Asunción, is the home of La Catedral de Nuestra Senõra de la Asunción, which is said to be the oldest church in the whole of Venezuela. As well as this, Porlamar, the largest and most commercial city on the island features plenty of restaurants, bars, clubs and shops. The shopping on Margarita Island may be particularly attractive to some visitors, with several designer boutiques, and all purchases being duty free.
As one of the least developed islands in the Caribbean, prices at the moment are extremely low: a litre of petrol costs around 15p, a meal for two is likely to cost no more than around £6, and a three-bedroom beach-front bungalow can cost as little as £50,000. On top of this, investment in Margarita Island has begun to increase significantly, with infrastructure improving, and focus being put on developing the tourist sector.
The location of the island at the far south of the Caribbean is also reassuring to those fearing the violent storms that have racked the Gulf of Mexico in recent years. Margarita Island lies far south of this weather system, well out of harm’s way.
With all of these factors in its favour, we’re predicting great things for Margarita Island. With Off Plan Property World, you could secure a slice of the Caribbean’s next big thing.
