Margarita Island (Isla de Margarita,is the largest island in the Venezuelan state of Nueva Esparta, situated off the northeastern coast of the country, in the Caribbean Sea. The capital city of Nueva Esparta, La Asunción, is located on the island. Primary industries are tourism, fishing and construction.The island´s status as a duty-free port and proximity to the mainland make it a popular vacation spot for Venezuelans. It sees a large number of tourists around Christmas time, Easter week, and from July to mid-September. Whiskey, cheese, chocolate, and electrical appliances, among other goods, can be purchased less expensively than on the mainland.There are at least 50 beaches on the island, which has a 106 miles coastline. Playa El Yaque is popular as a windsurfing location. Playa Parguito, Playa Caribe, Playa Punta Arenas, Playa El Agua and Playa Puerto Cruz are also popular beaches.