| •
Bakery- Bs. 45,000,000.
• Mini Mall
- no price listed.
• Fast Food
Location - no price listed.
• There is
one Posada for rent, many hotels and restaurants are for sale. One
hotel has 11 rooms, 9 baths and you can take it over Bs. 8,000,000 and
Bs.400,000 a month.
• Another listing
offers 20 rooms, 20 baths, bar and restaurant, 5 floors and is priced for
Bs. 300,000,000 down and Bs. 1,000,000 a month. Many are priced at
1 billion bolivars and up - that’s over $400,000.00 USD, and some places
are very cheap. Run right, there is good money to be made here in the hotel,
posada, or B&B business. If you’d like to check out the latest classified
ads in the island’s Spanish language newspaper go to:
http://www.elsoldemargarita.com.ve
......
I know of
a possible sailing charter business for sale, check my website http://www.retirecaribbean.com
Speaking of
business, the following is a quote from an email I received from a Venezuelan
national who has been living in the U.S. for many years.
“I see you
have a good eye for potential business opportunities".
I've read your
list. It is tempting. One thing that might be key to bring to a business,
any business, is the concept of good "Customer Service" merged with a little
"manana" philosophy in order not to shock the local culture too much.
It's possible.
As you probably know the concept of customer service and customer retention
in Venezuela is non-existent. Their idea is that the vendor is doing you
a favor by selling you an arepa {in Venezuela what a taco is in Mexico}
and if it wasn't for him you would not eat, so you owe him.
It's definitely
laughable but that's how it is and people just take it. But I think people
would pay, value, and appreciate good customer service along with a good
service or product”.
Rentals:
If someone rents your house/apartment and they have a 6 month lease/with
option and you decide to sell the property, you must give notice and the
renter has 6 months to buy the property from you or vacate. If they have
been renting for 2 years, they have 1 year to vacate. 5 years = 2 years
to vacate, etc. Never purchase a house or apartment that has a long-term
renter living in it if you plan to occupy it yourself.
Time Shares:
One thing foreign tourists love about Margarita Island is that you are
not constantly hustled to buy time shares! I remember in many places
in Mexico you couldn’t walk down the street in peace without constantly
being annoyed by time share sharks.
They were like
swarms of gnats. Here one is barely even approached about time shares.
It makes for a much more peaceful holiday and even beach vendors are not
very aggressive. Usually a polite “gracias, no” will suffice.
Lodging:
So, I ask you, where can you rent a large junior suite with microwave,
wet-bar, T.V. dvd player, and radio in a complex that has a first class
restaurant, pool, Jacuzzi, therapeutic massage, 24 hour security in a convenient
location all for only $50 USD a night? The equivalent would probably cost
$150 a night on any of the other Caribbean islands.
If you’re interested
in retirement or vacationing in a warm climate with a slower pace, affordable
cost of living and health care, and fewer rules and regulations, check
my website www.retirecaribbean.com
To contact
Scott Click
Here
The following
is the first article Scott wrote for the magazine:
|
Margarita
Island, Venezuela
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