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MAD1,230,954  Development Marrakech

  • MAD1,230,954
  • (EUR 113,000)
  • CONTACT
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  • 3 bedrooms
  • Development  3 bedrooms
  • For Sale 
  • Marrakech
  • morocco Flag Morocco
A new development of 1,2 and 3 bedroom apartments situated in this luxury resort. The resort

is 10 minutes from the airport and close to 3 superb golf courses.The whole development is finished to a very high

standard.
Our vision is to create a life changing experience to fulfil your ultimate dream of owning a luxury property

abroad

Our aims are to build and deliver five star luxury European standard developments in areas of outstanding

natural beauty, and to provide the potential of above average capital growth and focusing on you, our clients

The

Opportunity This unique opportunity offers investors a chance to purchase property within a five star luxury European

standard development. El Oasis Marrakech is situated in an area of outstanding natural beauty and provides investors the

potential of outstanding capital growth, and excellent rental returns.

All financial issues have been addressed to

present this unique mortgage and financial package as follows.


25% Deposit 75% Loan to value

2 Years

interest only mortgages on a 15 year term.

2 Years mortgage paid by the developer for the investor.

2

Years service changers paid by the developer

2 Years guaranteed net rental income at 3% per annum.

2

weeks free usage per annum*

2 Free plasma televisions fitted with every purchase before 1st June 2007.


After the initial 2 year there is an option to renegotiate a rental program for a further 3 years.



Property prices 50% less than other European resorts

Low cost of living – experience a luxury lifestyle at very

little expense.

Booming property market

Between 0% 20% tax on any capital gains

0% inheritance

tax if passed to a family member.

No annual property tax for the first 5 years

Rental occupancy reaching

85% most years during peak season

Increased tourism created by Vision 2010 will create huge demand for rental

accommodation


Capital growth of 15%-20% based on last years figures (30% Homes Overseas magazine).


Vision 2010 to provide new roads, trains, marinas, five* star resorts & shopping malls.

Open Skies

agreement allowing low cost carriers to fly into Morocco. Easyjet and Thomson Fly already offer low cost flights to

Marrakech.

Costa del Sol is just 30 minutes from Tangiers by Hydrofoil.

Mediterranean climate: with hot

summers & mild winters.

Notary supervises purchases similar to the French legal system.

Marrakech is an

imperial city and is regarded as the southern capital. It is the forth largest city in Morocco with a population of 1.5

million. With its position close to the Atlas Mountains you can see the magnificent snow, during winter and early spring,

sitting proudly on North Africa’s highest mountains.

Marrakech has a Berber feel (the Berbers are the indigenous

people of Morocco and North Africa). The Berbers have their own language and are a truly hospitable race of people.

Red has become the traditional colour of Marrakech. Legend has it that when the Koutoubia was planted in the heart of

the city, it poured so much blood that all the walls and houses turned this colour. Today the red of the earthen walls

surrounding the medina, and its flatroofed houses, is that of still raw wounds. At dusk in the last rays of the setting sun

one could almost believe the blood is flowing again as the walls turn crimson.

The perfect time to visit Marrakech

isearly spring.

Above all Marrakech is a city of drama and intrigue. The mysterious, world famous, DjamaaElFna square

is a UNESCO world heritage site. The square provides perhaps the greatest openair spectacle in the world. Dominated from a

distance by the city’s beautiful and prominent landmark of the Koutoubia Mosque, the square will beguile you with its

atmosphere, musicians, snake charmers, story tellers, dancers, magicians, fortune tellers and faith healers.

Around

4pm Berber acrobats appear when the square comes into its own against the backdrop of the setting sun. Then the curtain goes

up on rows upon rows of openair food stalls and they smoke the immediate air with their mouth watering aromas.

In

terms of sightseeing and places of interest there are plenty:

A new development of 1,2 and 3 bedroom apartments situated in this luxury resort. The resort    is 10 minutes from the airport and close to 3 superb golf courses.The whole development is finished to a very high    standard.  Our vision is to create a life changing experience to fulfil your ultimate ...
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