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Key selling points
- Rental yields estimated at 6%*
- Capital appreciation of 20% expected
- Tangiers is growing rapidly
- Close to port, beach and Tangiers' centre
- On-site property management company
This is the most eagerly awaited project in Tangiers. There is a high demand for these units, enquire now to avoid disappointment!
Prices range from 55,364 Euros (£37,478) to 409,545 Euros (£280,510)
The one and two bedroom apartments are fantastically priced, many with sea views.
Torre Miraflores comprises of 89 high quality units in a spectacularly designed glass building, (many with sea views) and is situated on the seafront promenade across the street from the beach and within walking distance to the centre of Tangiers. This has been a very eagerly awaited project following the enormous interest in the project Borj Miraflores.
The Miraflores brand is renowned for high quality construction and high attention to detail in all their projects. All Torre Miraflores apartments are designed with modern materials of the highest quality. They offer a framework of optimum comfort and a lifestyle of the highest standard. Torre Miraflores has also become specialists in property management and maintenance and will offer this essential service to all clients.
Amenities include:
>Two underground floors of garages
>Two floors of offices (floors one and two)
>Commercial shops
Payment schedule:
>Reservation deposit of 3000 Euros upon signature of this property
>The balance up to 25% (less deposit) upon signature of definitive purchase contract
>25% within eight months of the date of the purchase contract
>10% within fourteen months of the date of the purchase contract
>40% upon the key delivery of the property
Investing in Tangiers
Over the last three years Tangiers has experienced phenomenal growth. As the new King Mohammed VI seeks to position Morocco as a key tourist destination under the Plan Azur, Tangiers has been recognised as a key factor in achieving this goal. The progress can already be seen, a new pleasure port and marina is being built in Tangiers, as are new conference centres and hotels.
The train station has been completely modernised and a new railway line will connect Tangiers with the Mediterranean coast, building on the already established train route to Rabat, Casablanca and Marrakech. However it’s not just tourism that will drive the growth in Tangiers, it’s also business. The new port, currently being built 30 minutes from the city will be one of the biggest in the Mediterranean and will eclipse its Spanish counterpart Algeciras, not just in size but also in the quality of it’s new modern facilities.
Morocco has been attracting much interest from overseas buyers for the new tourist complexes and resorts, however the city of Tangiers and the project Torre Miraflores are attractive not only on a lifestyle level but also as a wise investment.
* Terms and conditions apply
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