Hi margarita dawn,

Thanks for the offer to help with any questions etc!

Just a quick few questions if you dont mind:

Any latest news on the formula1 racing track thats being built there??? And also I ve heard there are a few golf resorts also being built any further info on this would be appreciated??

Also what areas are the best to buy in ??and what are the worst ( to avoid areas)???

Thanx D

Hi Margarita Dawn,

I too have a question for you

I have been looking at property around Playa El Agua and was wondering if you could advise on local schools (for a 5 year old). Are there any decent schools and what is the cost? Spanish speaking is not a problem.

Thanks A.

Hi Gary,

This is Anna, we also moved here from Newcastle (I am Venezuelan my husband British) We own a Real Estate company, still waiting for your text about meeting soon, next time we go to Playa El Agua I will look for your restaurant

We also have a 18 month old daughter, she is too young for school yet but my brother in law who also move here is bringing his family soon, we have been looking at few schools, there are some very nice public schools, also if you dont mind religion Catholic schools, private schools offer english and differents sports classes as extras.

Hallo MD, I'm planning to visit Margarita at the end of september with my Venezuelan friend, who lives in Valencia, as I'd like to buy a property over there. Could you please tell me which are the best area to look into and the ones to avoid?Still didn't undrstand the exchange rate, my friend says that there is a grey, which pays almost double the official rate market but it is illegal. So if I buy a property how can I get the grey market rate?Do you think it is easy to rent out all year long?I got so many questions.....Let me know if I can send you a private email so to get info.thanks so much!!!!

I would disagree with DeeDee, as Vieques Island, just off Puerto Rico is probably the cheapest island in the Caribbean, it also has the largest National Park in Caribbean. As another sugestion for investment try St Thomas, in particular, Water Island which is 4 minutes water taxi from St Thomas, and another 5 minutes taxi ride from airport (2.5hrs flights from US). Try waterislandrealestate.info

Margarita island has been a popular destination spot for Venezuelans for many years.

I think you have to consider whom your primary (rental) market would be which in addition to locals, would be the US more than European. Americans have little interest in going near anything in Venezuela, and Vieques you can forget about. It has gotten a lot of very bad press in the US because of the previous US military base there. It was a testing ground for US bombs/missiles and many claim the island has high cancer rates.

Vieques is booming with tourism, and is now the largest National Park in the Caribbean. The small area that was used for military training is now being cleaned as part of the Superfund, and the rumours of high cancer rates have been proved as just rumours, by more than one organisation. W Hotels are soon to reopen their refurbished hotel. There are also excellent diving/snorkelling areas, and many hiking areas. Very much an eco island, and easy to get to via Puerto Rico (25 minutes).

Hello all,

I am here too help if you need any information about the Island, properties, cost of living or translation. Gary, we were going around Playa el agua Saturday and I could not find your restaurant, please let me know when can we meet, I am sure my husband will be happy to speak to you.

Adios,

Anna

I'd love to hear more, does anyone know of a good website?