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Paradise Beach and Golf Resort
This superb development is located in the beautiful North West of Morocco, The development is situated on a beach just south of Tangiers, the popular bustling city in Northern Morocco.
This investment is Bank Guaranteed from Banque Popular.
This is the only development that we know of in Morocco that has such a guarantee.
Paradise Golf & Beach Resort will be built in two phases the first phase of 700 low-rise apartments and villas has almost been sold out. The phase on offer is phase 2 and consists
of 500 low-rise apartments, made up of 1 bedroom garden apartments, 2 bedroom garden apartments, 2 bedroom penthouse apartments and 3 bedroom penthouse apartments. All built to a very high standard with furniture included.
1 bedroom properties from £55,000
Onsite facilities will include;
• 18 Hole Golf Course
• 15 swimming pools
• Landscaped tropical gardens
• Commercial centre - shops, boutiques and supermarket
• Luxury hotel facilities open to non residents
• Rental and management office - maid and chauffeur services
• State of the art gym and fitness centre
• Free transport to and from Asilah and Tangiers
• Gated community
• 24 hour security
• International restaurants and bars including a deluxe French restaurant
• Water sports centre; Kayak, pedalo and Jet Ski hire
Investor Benefits
Early Bird Discount, Purchasing before the boom, Massive capital growth potential
Fantastic rental returns, BANK GUARANTEE, 70% Mortgages on completion (based on valuation, not purchase price), Return of initial funds on completion, Tax advantages for property owners.
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Morocco Property – A sought after new investment market
Morocco property is currently becoming one of the world´s leading emerging markets. It is popular for many reasons but one of the major considerations is the excellent price that luxury Morocco property can be purchased for during this era of major development and construction.
High build quality and the relatively low relative cost of Moroccan property makes Moroccan real estate market a very attractive option for investors.
Further factors to be taken into account are coupled with the Morocco's excellent expected capital growth in Morocco and the already solid and ever-increasing "Buy to Let" market.
Morocco Property Market – Overview
With the reform-minded King Mohammed VI at the head of a multi-billion dollar initiative, Vision 2010, tourist numbers are due to increase dramatically by 2010 (see our Morocco investment research - investment growth). The plans extend to all economic sectors, including the infrastructure, telecommunications, electricity, banks, insurance, education, health services with a view to maintaining them to the world-class standards expected from today´s foreign investors.
The Vision 2010 initiative has ear-marked 6 areas or resorts for major development and these will be the locations of most of the new property developments in the near future. Focus is on five star luxury facilities which are being brought about by an advanced infrastructure outside and within the resorts, and easier access to and from ports and airports to the resorts. This attracts increasing numbers of investors and second home buyers to Morocco.
Tourist numbers continue to increase due to the Open Skies initiative, inviting budget package airlines to extend their services to Moroccan airports. Low cost, direct flights are now available from most major ciites in Europe, making Morocco an increasingly popular tourist destination. With the construction of quality new hotels and properties now in full-swing, Morocco is well equipped to handle increased tourist numbers as well as to offer investors some potentially excellent buy-to-let options and high rental occupancies.
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Property Investment in Morocco
The heady blend of Arab, French and Spanish influences that is Morocco is at once highly exotic, and surprisingly accessible – especially as budget airlines has now discovered the country, and there are plans for a tunnel from Spain. Given all this, property prices are rising fast - so bag a bargain while you can
The Property Market in Morocco
Whilst French and Spanish investors have known about the delights of Morocco for quite some time, it is only relatively recently that the broader international market has started paying attention to this remarkable North African destination. Though it has a modern urban infrastructure, excellent international air links and some world-class golf courses, no matter how developed Morocco gets, it will always be a world away in its exoticism.
The main focus of investor activity is the vibrant capital of southern Morocco, Marrakesh: a potent blend of North African, Spanish and French influences, be they architectural, culinary or cultural. This is the closest you can get to a long-haul adventure in only three-and-a-half hours: a walk through the souk is an exhilarating, intoxicating and unforgettable journey... and an everyday occurrence for those who invest in a riad – a townhouse in the old town built around a central atrium open to the sky. A modest riad cost from £60,000 (which is double what it was four years ago), but there are also many incredibly luxurious examples on offer: as far as prices go, if you’ll pardon the expression, the sky is the limit.
The climate falls into what can only be classified as perfect: warm in winter (16-18°C) and hot and dry (30°C) in the summer. The one thing that you might find you miss in Marrakesh, however, is the sea. If that’s a concern, you might prefer the Mediterrania Saidia resort on the north coast, facing Spain’s Costa del Sol. Alternatively, the historic Atlantic port of Essaouira is a firm favourite with those of an artistic nature.
Morocco’s infrastructure, including road, sea and air transport, is being upgraded ... and one day, you’ll be able to drive all the way to your property: construction of the Spain–Morocco tunnel from Punta Paloma to Tangiers will start in 2008. |
