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| Features: Garden, Pool, Parking, Terrace / Deck | ||||||||||||||||
| Amenities: Shops, Bars & Restaurants | ||||||||||||||||
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Description: The resort is only 10-minutes from the international airport and is within putting distance of the beautiful 27-hole Championship Palmeraie golf complex. The Palmeraie area is one of the most prestigious areas of Marrakech. It is an area of natural palm groves, large mansions, the famous Nikki Beach club and restaurant and of course golf and horse riding. It is in a stunning location between the majestic Atlas Mountains and the Sahara Desert and is near the bewitching charms of the ancient Medina. In the enchanting Djemaa el Fna market square, from late afternoon until sunset, people flock to hear storytellers and musicians perform alongside snake charmers and pulsating Gnaouan drums. Designed to reflect the historic city of Marrakech, the Resort has been split into three distinctive design styles, the 'Marrakchia', the 'Andaloussia' and the 'Cherkia'. Each of the three design styles reflects the principal design influences found in this beautiful and exciting part of Morocco. El Oasis de Marrakech is a development of one and two bedroom apartments plus three bedroom duplex penthouses. With generous build sizes, each property has a telephone line, video entry, high-speed internet access, air conditioning, electric blinds, fully equipped kitchen, fireplace, marble flooring and allocated parking. The Resort will enjoy a low build density and beautifully landscaped common areas with swimming pools, Spas health center shopping and commercial areas and ample parking. Every detail has been carefully considered to ensure investors benefit from the exciting future of Marrakech. The project is already 6 month into its build period all ground works have now been completed with cranes on site constructing the buildings. Show apartments are now complete for the purchasers perusal for the quality and design standards. Furniture packages will be available for the purchasers to choose from. Completion for the project is June 2008, at which time the entire development will be completed. Prices: From 110 000 € (83 000 pounds) for 1 bed apartments From 130 000 € (94 260 pounds) for 2 bed apartments Purchase Plan: (transaction is carried out in Euros) 2200 Euro reservation fee. • 25% Deposit with bank guarantee 75% Loan to value – expected rate to be around 5.5 % over a period from 2 to 15 years. • 10% Rental Guarantee for up to 10 years, the only deduction being a small charge for the rentals management. With annual capital growth at 20 to 25% percent, this is an excellent investment opportunity. Morocco is now part of the EU 'Open Skies' regime thus opening the airways for the low cost airlines. . Passengers can choose between Ryan Air, Thomson Fly, EasyJet and Air Maroc's low-cost subsidiary, Atlas Blue, who cover the major UK Airports between them into Marrakech, Fez, Agadir and Casablanca. Morocco can also be accessed by water from the Spanish coastline on either high-speed catamarans or slightly more leisurely ferry crossings and a new 39km tunnel route under the water between Spain and Tangier should begin work shortly. Morocco shares the same time zone as the UK. Morocco has seen great interest, in particular from northern Europeans; attracted by the fact that quality residential product is available just a few kilometres over the water from the Costa del Sol, but at a fraction of the price, with better weather and a lower cost of living. Capital appreciation is in double figures year-on-year and rental return is high as new hotel beds rush to keep apace with the rush of visitors. The stage is set for Morocco to become a stable, sophisticated holiday destination. |
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