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Mirador Golf Apart Hotel Cabo Negro [ SOLD ]

 Region: Smir

 Price: EUR € 35 000

 Bedrooms: 1

 Property Type: Apartment

 Development State: Off Plan

 
Description:
Situated near wide, sandy beaches and Northern Morocco’s finest golf course at prestigious Cabo Negro. Your place on the Mediterranean is just a quick, two-hour flight from the UK and an hour’s drive from Tangier through green hills and sun-baked beaches.
The projected new motorway will put you 35 minutes closer to playing a round where the turf meets the surf at “Le Golf Beach De Cabo Negro”, here green fees are half of what they are just 9 miles away in Spain.
With private transportation to the links and beaches provided free of charge for residents, Mirador Golf is conceived for golf enthusiasts, sun worshippers, and those who want a buy-to-let investment.
Resort amenities include a restaurant, a pool with outdoor bar, tennis, a playground, and supermarket. Plus, mariners and anglers will discover that nearby Marina Smir, Marina Kabila and the Royal Yacht Club provide moorings, slips and everything needed to enjoy boating along this fabulous coastline.

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Parking: outside surrounding all the blocks.
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Pools.
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Restaurant on site situated on the 4th floor of Apartment Hotel
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Supermarket
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Bars
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Playground

Surface: 25 m² - Terraces Surface: 2 m²
Type: Off-Plan Property Beds: 1 - Baths: 1 - Terraces: 1

Where is Mirador Golf Located?

Mirador golf is located in Cabo Negro – 30 minutes southeast of Ceuta.

What are the price ranges fro the Apartment Hotels?

1st and 2nd Floors – 372,600 Dirham (estimated 23,000 GBP at a 16.2 exchange rate)
3rd and 4th Floors – 388,800 Dirham (estimated 24,000 GBP at a 16.2 exchange rate)

What range of housing are offered at Mirador Golf?

There are two bed apartments and also Apartment Hotels offered.

What are the size ranges?

The Mirador Golf 2 bed Apartments are 65 square meters including the terrace
The Mirador Golf Apartment Hotel Room are 25 square meters including the terrace.

What sort of views can I expect?

Mirador Golf has views of the pool, Mediterranean, the mountains and Cabo Negro Point.

What are the payment terms for purchasing?

There are three stages in funding the property
1. Fully Refundable Holding Deposit £2,000
2. Signed Contract: 40% deposit and £1,800 Purchase Administration Fee
3. Completion: 60% balance and approximately 5.5% closing fees.

When can I expect Mirador Golf to be completed?

The Mirador Golf Complex and Apartment Hotel is expected to be fully completed at the end of August 2007.

What is the difference between the Mirador Golf Apartments and the Apartment Hotels?

The main difference between the two is that the apartments are freehold and the apartment hotels are lease–hold. A lease hold apartment has the same value as a free hold property as it is a 99 year lease that is automatically renewable and fully refundable.

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A perfect investment for the avid golfer
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Lease hold apartment with the exact same value as a free hold property
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Right next to the Cabo Negro Golf course in the Mirador Golf complex.
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There is a restaurant on the Fourth Floor overlooking the sea, pool, and golf course.
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99 year lease that is inheritable and automatically renewable.
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Property Management Company will be hired by owners and the cost for management.
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Completely Furnished!

What does the furniture package include ?

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Solid Wood Queen Bed
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Small Dining Table and 2 Chairs
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Dresser with Mirror
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21 inch TV with Satellite Connection
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Wall Stand for TV
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9000 BTU Air Conditioner with Heat Pump
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Refrigerator with Freezer
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Square Electric Hot Water Heater
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Toaster o Electric Teapot
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4 Place Dishware Set
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Cutlery for four persons
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Knife Set
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Basic Utensils
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Saucepan Set
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LP Gas tank and Hook Up
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2 Sets of Sheets
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Bed Spread
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Blanket
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2 Pillows
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2 Cushions
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2 Paintings
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Curtain Rod and Curtains for Patio Door
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Bath Accessories Set
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Shower Rod and Curtain
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Lighting Fixtures
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Bedside Lighting
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Patio Set including Aluminium Table and 2 Chairs with Wind Up Sun Shade

What are the specifications for Mirador Golf?

Foundations & Structures: Reinforced concrete, brick and induced Cement.
Flooring and Tiling: ceramics sandstone floor tiles rustic standard type, Tiles on kitchen and bathrooms walls.
Electric Installation: Electrical power by apartment: 220V.
Protection box for apartment includes:

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Box 14+disjonctor Cardy 2 * 10-30A.
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Unipolar Magneto 10 and 16 A.
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Casing INESS, Wire/cable NEXANS and equipment ZENITH or similar.
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General feeding of apartment with 10mm cable.

Plumbing & Sanitary Ware:

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Supplying drinking water piping In PPR (DIZYN or OZENIS or ESEN or PIPE LIFE)
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Supplying piping water used En PVC first choice
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Supplying piping water valves En PVC first choice
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Supplying a room of complete counting for each block.
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Sanitary fittings (white standard sanitary +)
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PVC: chlorure de poly vinyle
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PVC piping throughout. All drains made of PVC.

Kitchens: marble granite, range hood, electric cooking and electric plate, installation for the washing machine.
Painting: painting of the 1st choice inside and outside.
TV: Satellite collective installation to all residential blocks.
Satellites: (Astra, Hotbird, Nilesat and Hispasat and the possibility of adding two satellites)
Windows:

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windows of importation made out of PVC white Everest, group DECEUNINCK.
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Double joint TPE grey, Handle, bolt and hinge plates of origin DECEUNINCK
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Stainless screws and bolts of assembly and fixing of the frame
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Clear glazing 6 mm thickness

Doors: All internal and external doors are made of Mahogany wood

CURRENCY FLUCTUATIONS- DID THEPRICE OF THE APARTMENT INCREASE?

This is a concern that some clients have expressed. Firstly it is crucial to understand that all properties are purchased in MOROCCAN DIRHAMS NOT STERLING.
We only use a Sterling equivalent as a guideline and it is possible for the Pound to fluctuate against the Dirham. The price in dirhams has never changed and it will never change.

We have intentionally used a conservative exchange rate calculation of 15.7 Dhirhams (MAD) to Pounds Sterling (GBP) for the holding deposit. This is done in order to protect clients from potential fluctuations that could leave clients with insufficient funding for reservation deposits.

Although this will result in a slightly higher payment for the Reservation Deposit, please note that this payment is made in the form of a "deposit" and, as such, it is credited to the purchaser's account.

We have used the exchange rate of the day of contract in the past only to find that the exchange rate changed when the deposit hit Morocco which left the client with insufficient funds to complete the reservation deposit.

Again the important thing to note is that the price is fixed in stone and any additional money paid with the reservation deposit is credited to the completion.

We utilize the same system with all of the developments that we sell in Morocco.

What kind of rental management will be in place after the first year?

Owner may utilize the services of the agency of their choice. We recommend our partner Vista Rent.

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