Venezuela covers 946,000 square kilometres, almost double the size of Spain, and has a population of almost 30 million. It is located on the northern coast of South America.
The country comprises a continental mainland and numerous islands in the Caribbean Sea. It borders Guyana to the east, Brazil to the south, and Colombia to the west, while many Caribbean islands are situated off its northern coast. Falling within the tropics, Venezuela sits close to the Equator, in the Northern Hemisphere.
Venezuela is widely known for its petroleum industry, the environmental diversity of its territory, and its natural features. Home to hugely diverse wildlife in a variety of protected habitats, it is among the 17 megadiverse countries in the world.
Venezuela is also one of the most urban countries in Latin America. The majority of the population is concentrated in the north, especially in the largest city, Caracas. Other major cities include Maracaibo, Valencia, Barquisimeto, Maracay, Ciudad Guayana, Barcelona/Lechería and San Cristobal. Margarita Island is part of Venezuela, and offers an amazing range of warm beaches that attract national and international tourism all year long.
Real estate investment opportunities remain affordable, and may result in a valuable mid/long term profitability.