Profitable Investment Real Estate For Sale in Venezuela
Venezuela, located in the northern area of the South American continent, is bordered by Colombia to the west, Brazil to the south, Guyana to the east and The Caribbean Sea which is to the north.
The capital city of Venezuela is the world famous Caracas, and as a country it is known for having a tropical climate, its sought after Caribbean coastline, and the large oil reserves that help drive the Venezuelan economy.
If looking to invest in real estate in Venezuela, or purchase property for personal use, there are many options on where to invest in residential or luxury real estate in Venezuela.
Popular areas of Venezuela with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
