Full Description: 28% Discount (based on comparables). A fully managed 51 villa development, with 3 bedroom villas built in traditional courtyard style with the benefits of open plan living. All villas have their own pool and roof terrace surrounded by secluded gardens. Development Information: Anticipated completion date:
Apple Gardens: An oasis of exotic luxury
A fully managed 51 villa development, with 3 bedroom villas built in traditional courtyard style with the benefits of open plan living.
All villas have the latest mod cons, plus their own pool and stunning roof terraces surrounded by secluded gardens.
Located just 15 minutes from the centre of Marrakesh, Apple Gardens is an exclusive development that features endlessly fascinating views across to the Atlas Mountains. It's also within close proximity to the famous Djamaa El Fna square, a UNESCO World heritage site.
The development has a bar, restaurant, well equipped gymnasium, hammam (traditional steam room), communal pool and tennis courts. In addition, preferential green rates have been negotiated with world famous golf courses which are nearby.
Marrakech is the jewel in the crown of the North Africa in the same way Dubai is the jewel in the crown of the Middle East. It already has much of the infrastructure in place, a recently developed airport and increasing tourist numbers. Successfully combining contemporary living with traditional heritage, Marrakech offers residents and visitors the best of both worlds.
Named number 1 at this year’s Arabian Hotel Investment Conference (AHIC) for ‘the potential to be the next Spain’ in terms of tourism development and revenue.
Discounting
By averaging the square metre value of other off-plan developments close by, we have calculated the market discount of our properties. Buying at a discounted price means equity is locked in so that you make money right away on your purchase and capital growth simply adds more to your value.
Even if the market drops, you are still covered by the full amount of your discount. Our developments are between 22% and 30% below market average value of similar property.
Property in Morocco: Key facts
1/ Our prices are between 22 and 30% below market value.*
2/ 15% annual capital growth (Oxford business group).
3/ High rental income arranged via a Swiss management company based in Marrakesh and one of the UK’s largest tour operators.
4/ 60% stage payment mortgages available – backed by a bank guarantee from BMCI (Banque Marocaine du Commerce et de l’Industrie) – one of France’s leading banks.
5/ Excellent tax breaks for investors.
6/ 247% increase in flights from the UK in the last 12 months. (There are now over 100 flights a week from the UK).
7/ Approx. 85% year round occupancy in 4 and 5 star hotels.
8/ Tour operators have identified the need for family resorts in the area.
9/ Marrakech is a buoyant property market with the majority of buyers being French , Spanish and Middle Eastern. However, this year has seen a significant increase in US and Australian investors.
10/ Due to strict building regulations, there will be no repeat of the mass development seen in Spain.
Marrakesh, the new property destination:
Everything we know about the market predicts growth:
• Marrakesh is a stunningly beautiful cosmopolitan city that’s fast becoming the place to be seen.
• Marrakesh is an exotic destination just 3½ hours flight from London and flight operators have announced new low cost fares starting from this summer.
• The climate is warm and sunny all year round, with extremely low rainfall.
• The cost of living is low, so money goes a long way over here.
• Property prices are set to increase dramatically over the next few years. At the same time, the tax system is sympathetic to investors.
• In addition, major infrastructure and building developments are under way but controlled by strict environmental laws designed to avoid the mistakes made in Spain.
• Morocco’s Vision 2010 is the stated ambition to attract over 10 million visitors by 2010. There is the political will to make Morocco a leading destination for holidays and lifestyle.
Payment Plan:
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