Ciudad, Bolivar, Venezuela
Property ID: #72930 // LAND
- TitleAvenida Perimetral
- Property TypeLand
- Additional TypesAgricultural
- Lot Size2,578 Acres
- Full Baths2.00
- Square Feet1,500
Beautiful 2,578 acres of agricultural land. Some of the harvest includes peanuts, which produced some of the highest yields this year. Currently being produced for export direct to China, is Mung Beans and Sesame Seed. The farm can also produce corn, cotton, soybeans, cattle swine, and fish. Included with this land is a home with 1,500sf, 3 bedrooms, 2 bathrooms, A/C, and a 2 car garage. The home has a large front porch and has ceramic tile flooring including the carport and porch. Also included are 6 additional properties for workers. Seller is willing to negotiate with any potential buyer for such items as furniture, tractors, trucks, machinery, etc. All irrigation equipment is included with the land sale. See documents tab for a full list of equipment. Half of the property is located inside the city limits of the state capital city, as well as located very close to the Orinoco Crude Oil Reserve. Altagracia has a large deposit of valuable granite in one area of the property. The granite of Venezuela is in much demand for its good quality and coloring. Seller financing is available to qualified buyers. Great investment opportunity, excellent potential for housing development, or business location for all your needs with employee housing at a great value!
The current owner is an American investor from Georgia who is selling because of retirement. He states that this is the best property that he owns and has the most potential in agriculture production because of the year-round tropical climate which for many years was used to produce hybrid corn & grain sorghum seed for planting. Has enormous potential for housing development because half of the property is located inside the City Limits of the State Capital City and on the North Side joins the worlds largest crude oil reserve, called The Orinoco Oil Reserve. The owner has all necessary contacts to aid a new owner in the transition and is willing to cooperate in this. The deed history is excellent and fee simple, this is hard to find in Venezuela.
- Buyer's Fee: 2% or $2,000, whichever is greater
- Earnest Money: 5% of the negotiated purchase price/successful high bid or $500, whichever is greater.
- Realtor®/Broker Participation: 1.75%
- Brokers and Agents are fully protected and encouraged to participate.
- RealtyHive & Micoley.com, LLC are licensed auction firms performing auction and auction marketing services as part of this transaction.
As is true with any major purchase, you should thoroughly investigate your investment before you go through with a real estate transaction. Always do your homework. Although it may be tempting to purchase a property without taking time to dig into it, we do not recommend it. Here are a few suggestions:
- Read the contract in full.
- If possible, physically visit the property.
- If the property is a multi-family, acquire rental history, vacancy rates, etc.
- Know the area in which you are buying, so you know what to expect of that market.
- Consult a local broker.
Tips for Buying a Home
So you’ve decided to buy a home? Congrats, that’s great!
Here are some great tips to get you on your way to home ownership.