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El Yaque – The Village
Although El Yaque is a small and very safe village of 300, it has all of the services you could possibly need within the village, all within walking distance of Oceano. The roads have cobblestone sidewalks and lighting offering a rustic charm. There are 4 grocery/variety stores, at last count 18 restaurants of which 3 are pizzerias, 10 hotels, a small medical clinic, 8 windsurf/kite surf stations, 4 clothing stores, 1 banking machine (ATM), motor scooter and mountain bike rentals, a little police station, and two Internet cafés. Three new commercial centers with new stores and offices are to be built soon. In other words you don’t need a car to enjoy life here and taxis are readily available to take you 15 minutes away to a larger shopping mall or grocery store if necessary.
Tourism in El Yaque is a big business all year long because of the perfect weather. Tourists arrive from all parts of Europe and North America and hence the most common language in El Yaque to serve the tourists is English. The rest of the island is less English-centric and uses mainly Spanish for business. The busiest months are from December to May and then again in August and September. Currently El Yaque, and Margarita Island as a whole, has a shortage of hotel or other accommodations. El Yaque is frequently sold out or just can’t accommodate the demand from large tour operators. Because of this fact, El Yaque and Margarita Island are experiencing a real estate increase of between 10 and 50% per year……making this a great time to invest! |
