Located north of Venezuela in the warm waters of the Caribbean. The island has an area of 1071 km2 with 315 km of coastline and beautiful beaches. Margarita Island and the smaller islands of Coche and Cubagua are all outside the hurricane belt and together form the Nueva Esparta state of Venezuela.

MARGARITA ISLAND FACTS SUMMARY new skys ECONOMICS One of fastest growing economy in the world & biggest oil producer in the world Average 10% of GDP growth per annum since 2002/2003: Stock market increase 140% in 2006 Excess demand for housing due to: Petrol $ + undersupply 1 million properties+ population growth +migration Increase property prices also due to:Increase in money supply from record oil revenues  EMERGING MARKET Flights from Heathrow Manchester, Birmingham: 4 times per week (Condor)Gatwick and Manchester: weekly and fortnightly (First Choice) Booming Tourist MarketTourists:2005 1.5 mill, 2006 2.3 mill, 2007 2.6 millForeign tourists mainly:  German, Canadian, British and DutchHotel occupancy Average 65% but best hotels sold out Cost of Living Very LowWeather Year round summer + no rainy season Activities & Excursions Surfing, Sailing, Casinos, Golf, Scuba Diving Beautiful beaches Outside hurricane belt Booming Rental market: 20% rental returns average p.a.Guarantees by bank of 8% for up to 10 years with personal use Affordable property Compared to competitors and other Caribbean countries Capital appreciationAverage 32%2006-2007 up o 100% in 11 months for off plan in up and coming areas  Increase & improvement in Infrastructure  GUARANTEES AND FINANCE Security of Purchase:Private property is protected by the ConstitutionForeign Investors have same rights as citizensEscrow account in MargaritaInsurance guaranteeing development costs10 year build warrantyEuropean/International CompanyUK Lawyers due diligence + UK escrow accounts Financial perksOffshore companies allowed to purchaseCosts equate to approximately 2.5% of purchase priceDuty free with virtually no property taxesEquity ReleasePossible 20% referred payment?Future mortgages?  BEST VALUE FOR MONEY ON PROPERTY MARKETCheck competitors and other Caribbean!  TAKE HOME MESSAGE 1. Booming Economy with long term potentialCapital Appreciation 32% +2. Booming Tourist IndustryRental Guarantees by bank of 8% for up to 15 years3. Direct Flights4. Outside hurricane Belt5. Virtually No taxes6. Secure Purchases PRICES FROM €50,000 with personal use