How to get thereFrom the UK: First Choice operates a direct flight service from London Gatwick and Manchester airports. Flight times are approximately 9 hours. You can fly to Caracas, (35 minutes from Isla Margarita) from any of the following airports: Aberdeen, Belfast, Birmingham, East Midlands, Leeds, London Heathrow, Gatwick, Stansted and Luton.
From Europe: Air France, Iberia, Alitalia, Air Europe, Conviasa, Lufthansa, KLM, Condor or TAP Portugal all fly to Caracas.
From U.S.A: The following airports have frequent departures to Caracas: Atlanta, Boston, Charlotte, Chicago, Cincinnati, Dallas, Denver, Detroit, Houston, Las Vegas, Philadelphia, Phoenix, San Francisco, Seattle and St. Louis
From Caracas there are numerous daily ‘shuttle’ flights to Isla Margarita, with a flight time of only 35 minutes. When flying into Margarita you arrive via Del Caribe International, which IsIa Margarita’s only airport with both international and domestic terminals. Caracola Beach & Spa Resort is just over 24km from the international airport. The drive, along modern roads, takes approximately 30 minutes.
Residences:The Caracola Beach & Spa Resort Comprises of 1,244 apartments and duplexes spread over 15 floors, overlooking the stunning Caracola Beach. Almost every unit has a spectacular view of the Caribbean Sea.
Construction will be to the highest standard in accordance with stringent building regulations and comes with a 10 year building guarantee. Each apartment will have a balcony or small garden, fully fitted kitchen (including white goods) as well as air conditioning systems. The freehold residences will come fully-furnished. The development will also have plenty of semi-covered parking.
Facilities & Services:For relaxation you may wish to soak up the sun on the beautiful world-class beach, enjoy a massage or beauty treatment in the spa or perhaps indulge yourself in buying some special goodies in one of the lovely shops. If you want more action, you may wish to kite-surf, play beach volleyball, windsurf or take a leisurely swim in one of the resort pools.
Within the resort you will find a multitude of services and facilities which includes:Four Swimming pools including thrilling slides and lazy river rides
Beach activities area for rentals of Jet skis, kayaks etc
Restaurants
Bars
5,000 sq.ft. Spa
Fitness centre
Kids club
Arcade / Game Room
Hairdressers
Retail outlets incl. duty-free shopping
Nightclub
Business centre
Security guard
Concierge services
Housekeeping
Purchase Details:To reserve a unit a €3,000 reservation fee is required.
There are three payment options;
Pay 30% deposit less €3000 reservation fee within 28 days (or 90 days for a TRANSFER SIPP )
Pay 50% deposit less €3,000 reservation fee to qualify for a 5% discount
Pay 50% less €3,000 reservation fee within 28 days (or 90 days for a TRANSFER SIPP ) to qualify for a 7% discount
Full consumer protection with Escrow is offered.
On deposit pay 1.5% for legal & administration fees*
Pay balance on completion** plus additional 1.5% legal and administration fees*
There are no annual maintenance or service fees but owners have to pay for property insurance, which is expected to be €60-100 per annum.
Construction will start 3rd quarter of 2008 and is planned to be finished in 2010.
Caracola Beach & Spa Resort has been given outline approval by a small number of SIPP providers (UK buyers only), including Pointon York, as it meets all the qualifying criteria.
Buyers can sell prior to completion (once the development has sold out).
Prices:One Bedroom Apartments (Type C) from 77,420 euros
Two Bedroom Apartments (Type A) from 100,940 euros
Two Bedroom Apartments (Type B) from127,400 euros
Type D Apartments not released to date
*Discounts available via various payment options