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DOMAINE DE LâAKHDAR
DOMAINE DE LâAKHDAR
With Domaine De L'Akhdar, renowned architect Charles
Boccara has achieved a subtle architectural fusion, combining
traditional Southern Moroccan design with the European
demand for a sense of light and space, and all to his trademark
impeccable standards - truly a Charles Boccara masterpiece.
Two types of generously proportioned Riadvillas
are offered on this plot that will offer
breathtaking views of the Atlas mountain,
with all 47 offering two large bedrooms with
en suite bathroom and guest room, high
vaulted entrance, courtyard, private garden
with swimming pool, Andulasain style
gardens and water features around the olive
tree plantation as well as a Moorish style
clubhouse offering restaurant spa and
home theatre.
THE PROJECT
A unique concept of riad-villas (each with its own Moroccan courtyard and
garden) set in stunning Andalusian “Alhambra-style” inspired gardens with
water features, creating an enchanting ambience of privacy and calm.
Total: Phase 1 - SOLD OUT
Phase 2 are 47 unfurnished units comprising:
2 large en-suite bedrooms
1 extra bedroom (children, staff)
3 bathrooms; with the master bathroom opening onto a landscaped
patio with tasteful Andalusian/Moorish water pool.
Living/Dining area
Pergola covered outside living area
Terrace
Swimming pool
Plot sizes 650 – 1510m2 with lush vegetation.
Fully fitted and equipped kitchen
Interior design using totally original features such as 4.5 m high Moorish
vaulted ceilings.
Hot and cold A/C
Plasma screen TV in living room
LOCATION
10 km from the world famous Jema El Fna Square, town centre.
On the road to Ouarzazate
5 min drive from:
Amanjena Hotel & Villas project
Royal Golf Course and Amelkis Golf Course
American school (students from 5 to 18 years old)
20 min from the airport
10 min from the Aquapark
20 min from the “Palmeraie” (Palm Grove) Golf Course and Resort
CLUB HOUSE & COMMON AREAS
The social life and private amenities have been particularly well thought out.
The communal facilities will cover a landscaped area of more than 1000m2
built, featuring:
Restaurant.
Bar/Coffee Shop
Hammam
Spa
Children´s club
Moorish fountains and patios
Lounge
Home Cinema
MANAGEMENT
Owners will be offered the possibility of joining the central rental pool
operated by a reputable international company.
The management will provide a “hassle-free” formula, including:
Maintenance of private and common areas
Security
Extra services upon request: baby-sitting, catering, repairs,
airport transfers, to name a few
The “food and beverage” area (coffee shop, bar, restaurant)
will be run by an experienced top level local professional
RENTAL YIELD
The conservative net return, based on 11 months availability
(i.e: 30 days use p/a by the owner) shows approx 6.5% annual
yield on investment.
This projection is based on average prices and occupancy rates
for luxury villas an hotel suites in Marrakesh. The minimum
the operator will guarantee is the total amount of the
community fees, to make it simple and attractive for owners.
Joining the rental pool is not obligatory and minimum period
of use by the owner is not limited, but it obviously conditions
the return rate.
APPRECIATION
Since the concept of what Domaine de l´Akhdar offers (luxury villa, club
house, rental pool) is totally new in Marrakesh, and the booming yet
immature market is such a “patchwork”, it is difficult to forecast a realistic
short-term appreciation.
What is a reality, is the 60% annual appreciation on land value witnessed
over the past 3 years and the 25% to 40% appreciation on built villas
or apartments.
The main reason a high appreciation can be expected is that Marrakesh is
not for the bargain hunter but for the wealthy happy few who are aware that
the city is rapidly consolidating itself as a must for the elite.
Growing demand by this sector acts as a guarantee for quality and stability
since most interested investors are not looking to make a quick buck, but are end-users looking for safe return and appreciation.
LIFESTYLE
Marrakesh offers a unique blend of the traditional and the modern:
Authentic Moorish and Berber culture and traditions
Incredible street markets
Unexpected trendy restaurants/lounge bars/discos such as the
mega-giant PACHA from Ibiza
Sports: golf, aqua park, quads, canoe, ballooning, snow skiing
(1 hours drive), tennis
Fabulous hotels like “Mamounia” (Winston Churchill’s second home),
Amanjena, or Kasbah Agafay, all with luxury spas
An impressive choice of top-gourmet restaurants, Moroccan or French.
Annual film Festival, nicknamed “Cannes´ little brother”
2 hours drive away from:
- The Atlantic Coast (west)
- The foothills of the Sahara
CLIMATE
GOLF
Average rates:
Green fees = 40 to 50 Euros
Weekly pack = 300 Euros
Annual subscription = 750 Euros to 2.400 Euros p.p.
Discounts for couples
The developer is negotiating a package deal for 15 to 20 subscriptions for
couples, to make this available to buyers.
CONNECTIONS
Twice daily direct flights from London
Once daily direct flight from Manchester
Charter flights from all over Europe
3 hour dive (highway) from Casablanca International Airport and from
Agadir International Airport
DOMAINE DE LâAKHDAR
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