Hotel Lake Plaza

The Resort and Its Setting

Hotel Lake Plaza is an independently run timeshare property on Isla de Margarita. It carries RCI affiliation, which means owners here aren't limited to their own week on the island — they can also put it into the RCI exchange system and trade for stays at other RCI resorts around the world. That dual option, a fixed home base plus exchange flexibility, is the main draw for most owners at Hotel Lake Plaza.

Isla de Margarita and What There Is to Do

Isla de Margarita has long been one of Venezuela's most visited coastal destinations, known for warm weather year-round and a relaxed island pace. Beaches are the obvious headline — the island has a long stretch of coastline with calm bays suited to swimming as well as spots favoured by windsurfers and kiteboarders. Beyond the water, the island has local markets, seafood restaurants, and towns where everyday Venezuelan Caribbean life carries on alongside the tourist trade. Owners and renters typically split their time between the beach, a boat trip or water-sports session, and an afternoon exploring the local area.

Selling or Renting Your Week Here

If you own a week at Hotel Lake Plaza and no longer use it, you can list it for resale or as a rental directly on BidMyTimeshare.com. As with any private resale, you set your own asking price, interested buyers or renters contact you through the platform, and there's no commission taken from your sale — we charge a one-off listing fee to publish the ad, nothing more.

Because Hotel Lake Plaza is an independent resort rather than part of a large branded chain with a published points-disclosure schedule, resale transfers are handled through the resort's own owners' association or on-site management rather than a head-office resale desk. Before agreeing a price with a buyer, both sides should confirm directly with Hotel Lake Plaza's management: the current transfer fee for putting the week into the new owner's name, whether the association holds any right of first refusal on resales, and the annual maintenance fee due for the coming year. None of these figures are standardised across independent resorts, so getting them in writing from the resort before closing protects both seller and buyer.

A resale buyer at Hotel Lake Plaza takes on the usage week itself and, where applicable, the ability to deposit that week into RCI for exchange — but they do not inherit any loyalty perks, promotional upgrades, or arrangements the original owner may have negotiated personally with the resort. It's worth setting those expectations clearly in your listing.

What Renters and Buyers Look For

Renters researching Hotel Lake Plaza are usually after a confirmed week on Isla de Margarita at a lower cost than booking a hotel outright, so be specific in your listing about the exact dates, unit size, and whether RCI exchange rights can transfer with a rental (generally they cannot — exchange is an ownership privilege). Buyers, meanwhile, tend to ask about the maintenance fee, the condition of the unit, and how straightforward the transfer process is with the resort's association — so have those answers ready before you list.

Practical Notes for Owners and Travellers

Isla de Margarita is reached by air, with most visitors flying into the island's international airport; onward transfers to Hotel Lake Plaza should be arranged directly with the resort. Venezuela uses the Bolívar, and exchange rates move frequently, so travellers should check current rates shortly before departure rather than relying on older figures. A valid passport with at least six months' validity is also a sensible precaution for international arrivals.