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Venezuela
VENEZUELA | Country Overview | About | Property | Investment in Venezuela
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Venezuela Overview | Property in Venezuela
The Island of Margarita | Property in Venezuela
Isla Margarita or Margarita Island (Spanish – Isla de Margarita) is the largest island of the Nueva Esparta State in Venezuela, situated in the Caribbean Sea, off the northeastern coast of the country. The state also contains two other smaller islands: Coche and Cubagua.
The capital is La Asuncion, located in a river valley of the same name. Primary industries are tourism, fishing and construction. The population is about 420,000.
Located in the Caribbean Sea between latitudes 10° 52' N y 11° 11' N and longitudes 63° 48' W y 64° 23' W, it belongs to the State of Nueva Esparta which also comprises the islands of Coche and Cubagua. The island is formed by two peninsulas joined by an isthmus. It covers an area of 1,020 km². It splits into two sections linked by an 18-km (11-mi) spit of sand. It is 78 km long and its widest side measures roughly 20 km. The climate is very sunny and dry with temperatures from 24 to 37ºC.
Most of the island's 400,000 residents live in the more developed eastern part, especially in the city of Porlamar and adjoining city of Pampatar . Others are found in the much smaller city of La Asunción , the capital of the region or Juan Griego. Direct flights from Caracas and other Venezuelan cities, as well as scheduled or charter flights from a number of North American and European cities, ferries from Puerto La Cruz, Cumaná, and La Guaira also travel to the island.
The Macanao peninsula to the west has a central mountain range in the east-west direction. The highest altitude is 760 m at Pico de Macanao. Several smaller ranges derive from this axis following a north-south orientation with deep valleys between them. The most notable of this valleys is San Francisco in the north-central part of the peninsula. The Paraguachoa peninsula to the East is formed by a mountain range in the North-South direction from Porlamar to Cabo Negro. The highest peaks are San Juan or Cerro Grande (920m) and El Copey (890m). Both peninsulas are connected by La Restinga, an isthmus of low altitude with a lagoon called La Restinga.
Margarita Island can usually be reached by ferry or by airplane, as the Santiago Mariño International Airport is located 25 kilometers away from the city of Porlamar . Its status as a duty-free port and proximity to the mainland make it one of the top vacation spots for Venezuelans. Vacationers crowd the island especially during Christmas time, Easter week, and from July to mid-September.
Venezuelan tourists come on shopping sprees; whiskey, cheese, chocolate, and electrical appliances, are among the goods that can be purchased less expensively than on the mainland. Also, many retired people choose Margarita as an ideal, peaceful dwelling place. The island has numerous beaches, which range from solitary to crowded. Playa El Agua, in the north, is the most popular with four km of fine sand. Playa El Yaque is internationally known as an excellent location for windsurfing. Playa Parguito, Playa Caribe, and Punta de Arena are also popular beaches. Many resorts cater to the international, Caribbean-loving crowd, especially from European countries. The beach of Playa Puerto Cruz is one of the most popular with tourists.
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