Quote:
Originally Posted by mitico67
I'm flying at the end of October to Margarita Island in venezuela. On paper the place is nice very cheap and got infrastructers. My venezuelan friend will be with me to show me around. Chavez may be a problem in term of investment...
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I have bought at the la Ensenada development which is under construction. Currently the two bed townhouses are at $103K. It's a big development with all the facilites on site aimed mostly at the American tourist market so the standard needs to be spot on.
Just after I bought they announced the building of a new Formula 1 track a few miles away which is good I think.... except that its creating a few labour supply problems.
Margarita is worth a look and being the most southerly Caribbean island it is supposedly south of the hurricane belt....I hope !!
K