LES TERRACES DE GUELIZ
Ref:
50018
Type:
Apartment (New, Offplan)
Location:
Gueliz, Marrakech, Morocco
Price: 136836 to 478443 EUR (136836 to 478443 EUR)
Recommended, guaranteed rent
Pool Garage Solarium Furnished Air Conditioning
Distance to golf course: 10 km
Distance to airport: 10 km
Distance to town: City Centre location
6% net guaranteed rental return (from £5,616 pa)
A WORLD CLASS INVESTMENT IN AN EXOTIC LOCATION
Only 40% capital commitment, mortgages available LTV.
- An exclusive development consisting of 46 luxury apartments
- 1, 2 and 3 bedroom fully furnished apartments with air
conditioning
- Roof Top Pool overlooking the Atlas Mountains
- Duplex apartments with private swimming pool
- Luxury Fully Furnished
- Plasma Wide Screen TV´s Lounge & Bedroom
- Italian Bathroom fittings
- Spoiling yourself with excellent spa & jacuzzi
facilities
- Private car parking
- 24 hour Security
- With a brand new lakeside golf course only 10 minutes away
- 10 minute walk to Djemma El Fna Square
- 10km to Aiport
- 80Km to Atlas Mountain Ski resorts
- Completion March 2009
Luxury Furniture & Fittings
KITCHEN
- Dishwasher
- Oven and Hob
- Fridge-Freezer
- Washing Machine
- Kitchen Pack including cutlery, dishes, crockery pans,
kettle, iron and ironing board, toaster, glasses
LOUNGE/DINING ROOM
- 3 or 2 seater sofa
- Armchair
- Coffee table
- Plasma Wall mounted TV
- Lamp Table
- TV Table
- Dining Table & Chair
- Table Lamp & shade
MASTER BEDROOM 1 (bedroom 2 & 3)
- Double Bed 135 x 190 and Mattress.
- 2 x Bedside Tables.
- Headboards.
- 2 x Bedside Lamps and Shades.
- Linen pack x 2
- Plasma TV to Master bedroom
- All lighting as required
- All soft furnishings as required to windows
BATHROOMS
- Vanity Cabinet & Mirrors
- Towel rails
- Towel Pack
- Italian luxury bathroom fitments
LOCATION.
Marrakech is a sophisticated, exotic, vibrant city, rich in
culture, history and simply bursting with tourism.
Marrakech has long been a popular choice with Franch and
Spanish property Investors, looking for a special holiday home for
income generation. Now the rest of Europe is catching on.
Since the arrival of low cost airlines. Marrakech has gained
in popularity as a tourist destination. The online travel website Opodo
recently named Morocco as third in its top ten destinations for 2007.
Marrakech is also a symbol of the Morocco that once was, and
which still survives here. The streets of the old and pink city have
been too narrow to allow the introduction of cars, and tourists
searching for the "real" Morocco have turned the medieval structures of
Marrakech into good business.
The hordes of tourists that come here all through the year
have still not managed to change its character. Actually their high
number contribute in a positive way to preserve one of the greatest
monuments of the Morocco that once was. And the people of Marrakech
love their city even more.
Marrakesh is above all a city of drama. Its spectacular
setting against the snow-capped High Atlas Mountains lingers long in
the minds of most travellers, and the famous Jemma el-Fna square
provides perhaps the greatest open-air spectacle in the world. Be drawn
back into a world of frenzied motion, where jugglers and storytellers
jostle for position with snake charmers, magicians and acrobats. Your
nose will guide you to row upon row of open-air food stalls whose
pungent smoke fills the air with mouth-watering aromas.
FINANCIAL INFORMATION
A luxury apartment in the heart of Marrakech, a
common sense investment
- 1 Bedroom from 1,555,400 MAD (£93.635)*
- 2 Bedroom from 2,443,980 MAD (£147,128)*
- 3 bedroom duplex with private swimming pool from 4,030,026
MAD (£242,609)*
- Capital commitment 40%
- 6% net guaranteed rental return (from £5,616 pa)
- Up to 70% LTV mortgages available
*Properties are purchased in Moroccan
Dirhams.
INVESTMENT BRIEF
| Net 2 Year rental return |
6% |
| Rental Income Tax |
0% |
| Capital Commitment |
40% |
| Capital Growth |
20 – 25% |
| Repatriation of funds |
100% |
Payment terms
- 3,000 euros holding deposit
- 40% on private contract (within 4/6 weeks) from £35,452
approx
- 60% on completion (March 2009 approx)
Completion DetailsMarch 2009
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