COMMERCIAL PROPERTY IN VENEZUELA FROM 5 944 567 💷 GBP

Location:
VENEZUELA
Category:
COMMERCIAL PROPERTY
Type:
-
Beds:
-
Currency:
£ GBP
Prices:
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Results:
1 listings
# 9902075 - £5,944,567 - Building Conversion
, Altamira, Miranda, Venezuela

Great Building for development can be a Boutique hotel or nice apt with comercial too Historic building

0

Best Properties

Based in: Venezuela

Telephone: 582123101921

listings

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№: 9902075

Building Conversion

£5,944,567

Altamira, Miranda, Venezuela

Listed By: Best Properties on 09.01.2014
Browse all listings of commercial property for sale from agents and owners in Venezuela from 5 944 567 💷 GBP on TheMoveChannel.com.

While it’s true to say that Venezuela is still pretty deep in financial crisis, this doesn’t mean there aren’t solid investment opportunities on the cards for international property buyers. Inflation is high and the economy is expected to continue contracting but at the same time, Venezuela operates a pretty wide-open buyers’ market for foreigners and isn’t nearly as gloomy as you might expect. For example, an outright lack of desirable housing means that the right rental property in Caracas can net the owner yields as high as 15 per cent. Admittedly, this is diluted a little by the rather high 34 per cent rate of income tax, but it’s still perfectly possible to make sure the balance is tipped the right way.

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