Niarret Construction scans Caribbean region
Added: (Fri Mar 29 2013)
Pressbox (Press Release) -
AS the next step of its network expansion measures Niarret Construction Limited actively looks for new real estate opportunities in the Caribbean region.
Current prices for real estate in traditionally popular areas like Greece, Spain or Thailand are much higher than on Latin America property market. Investors tend to look for other places due to hard financial state of Europe. That is why the real estate in counties like Venezuela acquires more popularity among both business vehicles and common customers willing to acquire a calm place for spending holidays. That is why the property units located on Margarita Island near Venezuela is an extremely attractive form of capital placement.
Caribbean area is quite expensive place for house acquisition. According to European analytics the average price for middle-size house may reach the mark of $1.5 million. Speaking of Margarita Island the prices here are within the limits of $1000 - $2000 per square meter. Moreover, relatively weak local currency gives an advantage to foreign investors who prefer to run business activity involving dollar. Now the property in this location shows the tendency of slow but steady way up. This is the result of rising demand for real estate in Caribbean region. This means that this is the right moment to acquire a house or an apartment in this area.
For this reason Niarret Construction Limited has decided to take the advantage over the current situation and started searching for perspective objects of real estate that may bring good profit in long-turn perspective. With very fast growing economy of Venezuela the drastic price rise is just the matter of time. Currently Niarret Construction Limited holds only 2 buildings on Margarita Island but according to CEO of the company Niarret Construction Limited will focus its investment activity on this very region. The firm also runs active negotiations with local developers to acquire the support of Venezuela specialists.
8 Pavlou Valdaseridi,
Vrondis Court Block B, Office 301,
CY-6018, Larnaca, Cyprus