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Moroccan Property » For Sale » Marrakech » 2 Bed Apartment

2 Bed Apartment in Marrakech


Location

Morocco
Marrakech

Price

£91,000

Delivery date: March 2009
Max rental return: 8%
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Property ID: 382649








     
 

 Description

Key selling points

  • 2 year 8% net rental guarantee for first 20 apartments sold,
  • Excellent location
  • French Quarter of Marrakech
  • Extensive on site facilities
  • Strong capital growth potential
  • Mortgages available

6% Rental Guarantee A rare opportunity to purchase within 10 minutes walking distance of Jemaa El Fna Square and Medina. This ideal location means that, unlike the developments further out from the centre, purchasers can enjoy the vibrant heart of the Medina as well as the cosmopolitan sophistication of the French Quarter.

These apartments are in a highly desirable area for both short term and long term rentals as they are offer a cultured five star city lifestyle plus skiing only an hour and a half away, plus the über fashionable beach resort of Essaouira is within easy reach for day’s out on the coast. The building is arranged over six storeys with an amazing rooftop pool from which you can see the snow capped peaks of the Atlas Mountains in all their magnificent splendour.

The ground floor duplex apartments have a private pool and all apartments are sold with an allocated underground parking space. These luxury 47 one, two and three bedroomed apartments are sold fully furnished with Plasma TV’s in the living room and master bedroom. Kitchens and bathrooms are equipped to a high level of specification using modern, stylish fixtures and fittings.

Air conditioning is fitted throughout the accommodation. The Rental Guarantee & Mortgage For purchasers in this development there is an optional rental guarantee of 6% net for two years. The developer is also offering a 70% mortgage at 5.05%. So purchasers can benefit from this attractive combination to offer immediate returns on their investment.

And whatsmore Morocco has no income tax on rental income for 5 years. Payment Terms: 40% on PPC 60% on completion Completion: March 2009 Capital Growth: 20-25% Features * 1,2,3 Bedroom apartments * Spectacular Rooftop pool * Duplexes with private pool * Widescreen Plasma TV’s in lounge and bedroom * Property management included * Air conditioning throughout * Italian bathroom fittings * Private car parking * 24 hour security Location * French Quarter of Marrakech * 10 minutes from Medina and Jemma El Fna Square * 10km to Marrakech Airport * 10km to golf * 80km to Skiing * 1 hour from Essaouira & coast

 
     
     
 

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