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7 Bedroom Property in MarrakechMAinternationalMorocco,25 Bedroom Property in MarrakechMAinternationalMorocco,
7 Bedroom Property in MarrakechMAinternationalMorocco,
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Description: 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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