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Nakanda Beach Resort The Isle of Margarita is now becoming as popular with tourist makers as its fellow Caribbean island neighbours due to its great climate, sandy beaches and relaxed lifestyle. All year round you will have the opportunity to enjoy the island with a local carnival season and the world kite surfing championships just a couple of the highlights.
Although investment has been the primary reason for buying, with rental guarantees available due to the booming tourism, we are seeing an increase in people wanting their own piece of paradise on this beautiful island – this is why we are bringing you this selection of 1 and 2 bedroom villas, with one advantage being the fact that due to the early nature of the market prices on this Caribbean island are considerably lower than its neighbours.
The properties are pleasantly located and surrounded by lush landscape areas, with promenades, walkways and recreational green areas, all in Caribbean style.
The architectural design of both properties and resort is typically Caribbean, in harmony with the Margarita Island style of construction, based on the use of natural materials and decorative details such as: stone, sand and wood. A high quality European construction system ensures maximum comfort for the residents of the resort. The decorative materials used in this project are interrelated with the Marine Design that prevails on the island.
Growth of Capital and Rent Service
Nakanda Mountains Beach Resort is an ideal project for the investor or the person wanting their tropical dream. If you are looking for an extra annual income through renting out their property whilst taking advantage of the capital growth potential ( currently a 32% average annual growth over the last 2 years. Source: Chamber of Commerce of the State of Nueva Esparta). A 7% rental return is offered on request for 3 years, paid in arrears and with the possibility of the client using the
property for 30 days per annum.
After the rental guarantee period, the developer is able to provide a rental management service, jointly managed by the company and several local tour operators.
However you do not need to take the rental guarantee and you can buy on a purely lifestyle basis. Location Nakanda Mountains Beach Resort is an exclusive development in a quiet location close to the sea, surrounded by a natural landscape and with views to the best sunsets on the island. All apartments are completely furnished and the resort offers many services and facilities to make it a perfect choice for those who wish to enjoy their stay on Isla Margarita, whether it be as a short vacation or as a first or second place of residence.
Click here to see a plan of the development Construction Schedule Construction starts when your first 40% is made and the villa is a 12 month build. Facilities And Maintenance Facilities and services:
• Gated resort with 24h security
• Private splash pool / Jacuzzi
• Ample green areas
• Asphalted road and external parking for each property
Maintenance of Euro 30 per month
Building specifications
• Reinforced concrete structure + foundations with 25cm minimum diameter.
• Exterior partition walls with ceramic blocks 33 x 20 x 15cm.
• Interior partition walls with 33 x 20 x 10cm blocks.
• Premium quality stoneware floors in large format
• Clay tiles in access and ceramic tiles in the interior of the property
• Single layer coating or similar on the facade
• Exterior white aluminium metal work according to European standards
• Wooden carpentry and beamed doors.
• Kitchen furniture in wood.
• Housing appliances: fridge, oven, electric boiler, extractor fan, and television set.
• Built-in wardrobe in master bedroom
• Glass windows.
• Split type air conditioning in living room and master bedroom
• Sanitary appliances in white porcelain
• White coating on walls and ceilings
• Sanitary ware and built in sink
• Extractor fan, electric boiler, electric hob and stainless steel sink.
• Underground water tank with 5000l capacity and hydro-
pneumatic pump.
• Telephone and television points.
• White electrical mechanisms.
• Interphone
• 24h security
• Restrooms in communal areas and swimming pool area Payment Terms The Right Move Abroad have a refundable reservation fee policy which enables you to hold an apartment for up to 30 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first instalment. Only 10% of your reservation fee is retained by The Right Move Abroad as an administration charge.
The refundable reservation fee is $4,000 and should accompany a signed reservation form which is available upon request. This reservation fee will be returned to you in full after you have paid your first instalment. After 30 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.
40% within 90 days of signing reservation contract
20% within 4 calendar months of signing of purchase contract
20% within 8 calendar months of signing of purchase contract
20% on completion – 12 months from signing of purchase contract. Property Management Can be arranged through the development team – you have the choice of taking a 3 year rental guarantee of 7% per annum and 30 days of use for yourself per year.
Alternatively if the villa is for private use but you may wish to rent out to family and friends or for a management company to source clients this can be done with a charge to be determined. About the Immediate Vicinity • Wind surfing
• International kite surfing
• Restaurants
• Beach
• Local Airport
• Fishing village
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