This is a great opportunity at a super
price for anyone
who wants to live
on a tropical island
& have your property produce a steady income.
If you were thinking of buying a house in the tropics this is for you.
The owner's personal living area is very comfortable plus
you will have 10 rooms to rent to the many thousands
of visitors who come to Margarita Island each year.
The reconstruction costs of this property would be almost triple the selling
This 14 bedroom, 13 bathroom 840 m² (9030 ft²) villa
on 800 m² (8608 ft²) of land is situated only 500 meters (600 yds)
from beautiful Playa El Agua, a 4 KM.
long white sand beach which is considered one of the most desirable in
The challenging Margarita Island Golf Club is a 10 minute drive and the
main city of Porlamar is a 30 minute drive.
Most shopping needs can be met by
the many shops in the immediate area.
The construction was started around 1982 with the
completion of the first floor while the second floor was finished in early 1989.
A major renovation was done between March & August, 2007 when a pool & 6
poolside rooms were added.
The current owners purchased in June 1987.
For the past
28 years it has been
operated as a Bed & Breakfast with the owners living on the ground floor
the guests on the upper floor & in the poolside rooms.
The guests have their own entrance.
There is a
steady flow of regular clients as well as additional business generated by the
The owners are now looking to retire (Dan is 71) and to have more time to pursue
The property is enclosed on all sides with a 2.5 meter
high (8ft, 4in.) concrete block wall finished
with a low maintenance earthen look plaster
and topped with electric security fencing.
There is also a 4 camera video system
that automatically records all movement in front, pool area & upstairs patio.
Across the front, the wall is
finished in no maintenance colored river pebbles the same color as the house and topped
with clay roof tiles.
The gates and security bars are all no maintenance anodized
During 2003 the entire outside area of the house was
finished in two different colours of small river pebbles
which has resulted in a
beautiful no maintenance finish that will last for decades.
No need for any more
The driveway and all walking paths are reinforced poured
The electrical system is 220 volt with 110 volt service on
The dryer room, pool house & the 14 A/C's are wired for 220 volt service.
addition all guest rooms as well as the living room & master bedroom
private living area have DirecTV. The master bedroom has an HD DVR.
The water service is by the government water service,
HidroCaribe, and in conjunction
with the two water tanks the supply is more
than adequate to serve the needs of the house.
Water is supplied to the house
from a gravity feed concrete rooftop tank of 11,000 L. while the ground tank is
The windows throughout the house are Florida style aluminum
All sea - side security bars
are no maintenance anodized aluminum. All floors are ceramic tile.
2 existing CANTV phone lines with DSL Internet connection
will be included.
Also included is the
website related to the business
Face Book page with more than 32,200 fans.
*220 m2 (2376 sq. ft)
*Kitchen : Large (3.9 X 2.9m or 12.87 x 9.57 ft.) American
style kitchen with built - in
mahogany cabinetry with lots of counter and cupboard space.
*Laundry Room: adjacent to the kitchen.
*Dining Room / Office: (3.4 X 3.7m or 11.22 x 12.21 ft)
This room is
currently being used as an office however it started out as the dining room.
*Living Room: Spacious (5.0 X 4.1m or 16.5 x 13.53 ft)
*Bedrooms: the master and 1 guest bedroom have a King
Size bed and a full ensuite bathroom.
There is one bedroom with an adjacent
bathroom and one other bedroom that is currently being used as a storage room
that includes the dryer and a large freezer. It has built-in shelving and a
*210 m2 (2268 sq. ft.)
*Bedrooms: 4 bedrooms each with a complete ensuite
bathroom, DirecTV, A/C & access to a fridge.
All rooms have built in tables and closets.
*Patio: approximately 60 m2 (650 sq. ft) with a wet bar & kitchen
The railing is Roman style columns and the view is of the
mountains and the sea.
This is where breakfast is served each morning.
*Storage Room: is off the patio and has a large built in
closet and shelves.
approx. 410 m² (4,413 sq. ft.)
Constructed in 2007 & opened in August 2007 this area
contains 6 guest rooms
with king size beds, ensuite bathrooms with hot water
The pool is approx.
The pump house sits on top of the 70,000 litre water tank
& has a pool pump & pump for the upstairs water tank.
There is also lots
of storage space in the pump house.
This is a well maintained home with many potential uses.
There are no liens or mortgages attached to this property.
Payment may be made
in Bs. here in Venezuela or
account in Canada.