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The Tangier City Apartments are the last remaining block of a large project in the heart of Tangier City itself. They consist of only 88 apartments built on 5 floors. Ideally located at only 10 minutes drive from Tangiers international airport. For City lovers all that Tangier has to offer is a short walk from here including shops, bars, restaurants the beach and even the currently under construction new Tangier sports arena. With all the ammenities close by the rental potential speaks for itself. A short drive away is the busy Kasbah of Tangier which offers traditional handicrafts and provides a curiosity that many can't resist.
Construction work is well under way and due to be completed ready for occupation by end 2007.Tangier is a city undergoing change, that is plain to see, with palm trees being planted on every corner, new lush green parks springing up. Improvements to the promenade, pavements and roads are all evident. A new port is under construction just outside the city intending to compete with the spanish port of Algeciras. A new tourism area is currently in construction bringing all the ammenities that the tourist demands. The planned tunnel rail link to connect Africa and Europe. All these factors point towards Tangier being a competitive and attractive city of the future.
This city centre development is positioned in an up and coming area of Tangier and ticks all the boxes for the investor with vision. Just 10 minutes from the airport, around the corner from the train station and 10 minutes to Royal Tangier Golf.
In a city that has no hotel rooms available in the summer season the rental potential speaks for itself. For the long term rental market, again in Tangier there is a shortage of supply.
The Tangier City apartments are the last remaining available in this City centre development.
These apartments are a truly one off deal and not likely to be repeated.
PRICING: ( 1, 2 bed apartments)
From 46.000 Euros
PAYMENT TERMS:
3000 Euro deposit
Balance of 30% at contract
70% at completion.
n.n there are alo local agents fees of approx: 5000 Euros.
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