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Moroccan Property » For Sale » Tanger-tetouan » Asilah » 2 Bed Apartment

2 Bed Apartment in Asilah


Location

Morocco
Tanger-Tetouan
Asilah

Price

€65,000
to €80,000

Delivery date: 2010
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Property ID: 410515


     
 

 Description

Key selling points

  • 30% Deposits, 70% mortgages
  • Front line Golf development
  • Numerous swimming pools
  • Price increase in 4-6 weeks when site launched
  • Initial planning permissions already in place
  • Close to long golden beaches

 

THE DEVELOPMENT

The Atlantic Golf View development totals approximately 1,200 two bedroom

apartments.  

The development is front line to an 18 hole Golf Course designed by Steve Ritson.

A stroll around the course brings us to miles of un-spoilt "golden sand" beaches

bordered by the clear blue water of the Atlantic Ocean. Travelling time to Tangiers,

the Airport and the Morocco-Spain ferries is approximately 20 minutes.  

 

A 20 minute drive south along the coast brings us to the pretty fishing village of

Asilah. Acknowledged as being a "must see" destination in Northern Morocco,

known for its medina (bazaar) and annual arts festival.

 

The Royal Tangier Golf Course is within a 10 minutes drive and the Tanger de Tiro

Country Club is just 5 minutes away.

 

Outline approval for the construction of the properties is already in place - Source:

Agence Urbaine, Wilayah de Tangiers.  

 

The development will have numerous swimming pools and easy access to a

shopping mall, selection of restaurants, cafés/bars, beach bar and water sports.

 

These low rise buildings will be just 4-5 storey with a selection of two bedroom

apartments and penthouses.  There will be ample parking and green areas. 

 

Construction of the Golf View apartments is expected to be complete in

approximately 3 years time.

 

Development plans are at an early stage, hence the pre-release prices.  Initial

plans have been completed and due to this early release, price increases are

guaranteed.

 

WHY ATLANTIC GOLF VIEW APARTMENTS?

 

 - The best time to invest in a development is right at the beginning -

WHICH IS NOW!!!

 -  Our pre-release offer is tailored to give quick profits to early bird purchasers

 - Guaranteed  profit   - the Developer's price will escalate in line with the

increase in marketing, publicity and demand for the properties.

 -    Large marketing organisation to assist with re-sale of contract if required

 -    Low deposits, only 30% (Morocco standard 40%)

 -    Easy access to Airport and Ferry Port (20 minutes) - ideal for holiday

rentals

 -  Established development company - which already enjoys the confidence and

 support of the Moroccan Government

 -   Comprehensive amenities close by - Golf, Beach, Bars, Pools, Shops,

etc.

 -  No payments to make (other than 30% deposit and administration

charges) until completion

 -   Long completion date - ample time to see your investment grow and re-

sell at your leisure

 -   The lowest price of any similar project in Northern Morocco

INVESTOR OFFER - WINDOW OF OPPORTUNITY

The development is being offered for sale at an unbeatable price.  The price is

sure to increase at least 10% in a short time period - thus allowing investors to see

a quick paper profit on their investment.

 

Anticipated capital appreciation on completion - 70%. Similar off plan

developments in the area offer 2 bed apartments for 100,000€ / £67,000 plus -

and are 90% sold.

 

PRE-RELEASE OFFER

2 bedroom ground or middle floor apartments approximately 60m² plus 6m² sun

balcony.

 

Apartment with pool view                -             65,000€ /   £44,520

30% deposit                                       -             19,500€ /   £13,356

Balance on completion                   -             45,500€ /   £31,164 (or by mortgage)

 

Prices remain in euros; sterling price is a guide only.  The exchange rate of 1.46 is

an average of the last year's history of the rate.

 

Properties front line Golf will be 80,000 €, properties second line with a Golf View

will be 70,000 €, penthouses will have a premium of 5,000 €.

 

MOROCCAN VAT @ 20% IS INCLUDED IN THE PRICE.  

 

Closing costs in Morocco approximately 5-6% to cover notary and property

registration fees, etc. (only affects end-users).

 

RESERVATIONS

Reservations will be accepted at 3,500 € plus a handling fee 730 € per unit which

is fully refundable until the reservation contract is issued and allocations agreed. 

 

 

 

 

 
     
     
 

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