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Marrakech City Centre Eight Percent Rental Guarantee [ SOLD ]  Region: Marrakech / Marrakesh  Price: EUR € 306 500  Bedrooms: 3  Property Type: Apartment  Development State: Off Plan

Features: Garden, Pool, Parking, Disabled Access, Terrace / Deck, Pets Allowed Amenities: Schools, Shops, Bars & Restaurants, Near beach resort, Near mountain, In historic place, In vacation place, Near a golf course, 24 Hour security, Near Ski Resort, Near a Lake, Near Spa Resort, In Town, Nightclubs / Casinos, Mountain View, In City, Near City, Near Village Description:
Marrakech City Centre Apartments

8% Rental Guarantee and Mortgages from only 4.64%

Private Pool in the heart of Marrakech

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:
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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