Summary

• Completion Mid 2010 
• 7% Rental Guarantee
• Beach Frontline Property
• Fully Furnished 1 & 2 Bed
• Full on site management
• Freehold Ownership
• Located Below Hurricane Belt
• Windsurfing Capital of the World
• 187 Miles of White Sandy Coastline

Caracola Beach & Spa Resort comprises of 1244 luxury condominiums and duplexes spread over 15 floors overlooking Caracola Beach.  With four different floor plan layouts to choose from, the apartments vary in size from 52.5m² (565 SF) to 117.1m² (1260 SF), nearly all with their own view of the Caribbean Sea.
 
Each deluxe condominium will be constructed of the highest standards and will feature a fully-fitted modern kitchen, inviting living room, tranquil balcony, and climate controlled air conditioning system.  High quality products will be installed throughout units.  These spectacular units will be the ultimate in comfort and luxury.

Within the resort, you will find a multitude of services and facilities.  You will be sure to enjoy our delectable restaurants, tropical swim-up bars, full-service spa, and refreshing swimming pools.  Caracola Beach and Spa Resort will also boast a fully-equipped gym, hairdressers, and high end retail establishments.  Here you will find yourself lost in paradise while relaxing in our seaside hammocks or lying on the sandy beach while the waves of the Caribbean Sea travel over your feet.

Relaxation and leisure will ripple throughout Caracola Beach & Spa Resort.  The resort is sure to deliver all the aspects of a tropical paradise.

Caracola Beach & Spa Resort provides you with an incredible opportunity to earn on your investment through capital growth as well as rental return from your property. If you combine this with the very attractive tax benefits of Isla Margarita and tax efficient ownership, you have the optimum overseas property purchase.

• Caracola is SIPP compliant (subject to terms and conditions)
• Guaranteed minimum 7% pa net rental return for 10 years, increasing to a possible 8.25% for last 5 years, if resort occupancy reaches 75% in year 5
• Rental return backed by fidelity bond
• Last apart-hotel directly on the beach in an area with a shortage of top quality accommodation
• Excellent scope for capital growth
• The best development on the beautiful Caracola Beach
• Shops, restaurants & amenities close by
• World class rental & management company
• Best-in-class developer, proven track record
• Freehold title
• Easy purchase procedure
• Tax efficient ownership
• All Apartments come with air conditioning and all furniture
• Low cost of entry (prices from €79,000 - excluding payment discounts)
• 30% deposit held in ESCROW
• Potential minimum investment from only €26,000*
• Low Property Prices
• Located below hurricane belt
• Managed by a world class U.S. Company
• Property Ownership is Freehold
• Good Accessibility, Particularly from the U.S., South America, and Europe
• Good Infrastructure - International Airport & Developed Road Systems
• Low Cost of Living
• Warm Consistent Climate, All Year Round
• Great Facilities, Activities & Attractions
• Naturally Beautiful, Both Mountains & Beaches
• Tax Efficient - Isla Margarita is a Tax and Duty Free Zone
• Visitor Numbers Reached 2.3 Million in 2007 (up from 2m in 2006 & 1.5m in 2005)
• Consistently Strong Economic Growth - Average GDP Increase of 11.3% per year between 2004-2007

LEISURE FACILITIES INCLUDE-

• Spa 5,000 Sq. Feet
• Sports/Fitness Centre
• 4 Pools inc and adult only pool
• Connecting Pools all ages
• Thrilling slides and lazy river rides
• Pool Side Bar & swim up bar
• Pool Side Snack Bar
• Duty-free shopping
• Kids club and Child Care
• Hair Salon
• Sauna
• Nightclub
• Duty-free shopping
• Arcade/ Game Room (At least 1,200 Sq. Ft up to 1,500 Sq. Ft.)

DINING FACILITIES INCLUDE-

• Medium Scaled Restaurant
• Themed Restaurant
• Fine Dining for 100 - 150 people
• Casual Dining for 75 - 100 people

OTHER FACILITIES INCLUDE-

• Lobby Bar and Lounge
• Coffee Shop
• Front Desk Area with 10-12 work stations
• Housekeeping Department
• Business Center and Conference Rooms
• Concierge Services

N.B. GBP prices are for indicative purposes.  Properties are purchased in the currency of origin and therefore GBP value will fluctuate. Please use our currency converter for a current valuation.

Map

Availability

Due Diligence

Visit

GPS is proud to present this ultimate luxury development to our clients.

Visiting developments is always encourage by us and we at GPS are able to arrange a visit to the site, a meeting with the developers and accomodation for a Caracola Beach Resort inspection trip.

This inspection trip is self funded and therefore GPS would administrate all the bookings for you including flights and our policy is to refund 50% of the total inspection trip costs should you confirm a purchase at this resort.

Please contact us for availability dates and costs.

Financial

Pay a €3000 reservation fee

THEN THE FOLLOWING OPTIONS ARE:

-Pay 30% deposit
less €3000 reservation fee within 28 days (or 90 days for a TRANSFER SIPP) to gain a 2% discount
• or
-Pay 50% deposit
less €3000 reservation fee to gain a 5% discount
• or
-Pay 50% less €3000 reservation fee within 28 days (or 90 days for a TRANSFER SIPP) to gain a 7% discount

-On deposit you will also pay 1.5% for legal & administration fees the final 1.5% is paid on completion


Mortgages for the balance are expected to be available prior to completion, secured on the property, backed by the fidelity bond of the rental agreement.