Margarita Island GuideMargarita is a Venezuelan island in the Caribbean Sea. It is located off the northeastern coast of the mainland and to the northeast of the country's capital Caracas and is part of Nueva Esparta state. HotelsFind hotels in Pampatar, Porlamar and more. Playa El YaquePlaya El Yaque was originally a fishing village and beach on Margarita Island situated on the south side of Island about 3 km from the airport. PampatarPampatar is a city on Margarita Island. Pampatar is about a 40 minute drive from Margarita's Santiago Marino International Airport, via a fast highway. Pedro GonzalezPedro Gonzalez is a city on Margarita Island in Venezuela. Porlamar Airport, the island's only airport, is about 30 minutes' taxi ride away. PorlamarPorlamar is a city in Venezuela's Margarita Island. Porlamar is about a 30 minute drive from Margarita's Santiago Marino International Airport, via a fast highway. Playa El AguaPlaya El Agua, is a popular beach and surfing destination on Margarita Island in Venezuela. Juan GriegoJuan Griego is a small town in Margarita Island.