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Cabo Dream Apart Hotels Cabo Negro [ SOLD ]

 Region: Tetouan

 Price: EUR € 28 229

 Bedrooms: 0

 Property Type: Apartment

 Development State: Off Plan

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Features: Garden, Pool, Parking, Terrace / Deck
Amenities: Golf Course, Tennis Court, Shops, Bars & Restaurants, Near the Sea, 24 Hour security, Gymnasium, Sauna, Near Town
Description:
The development occupies a strategic location in an elevated position, offering incredible and truly panoramic views of the Mediterranean, Cabo Negro Golf Course, the Rif Mountains (snow-capped in the winter) and the magnificent Tetouan river valley. Above and behind the development is a large area of national parkland, on which further building is not permitted.
CABO DREAM is accessible via the sleepy Cabo Negro boulevard, running past the lower part of the project.
Immediately in front of the development, La Ferma Equestrian centre offers a bar (open all year round), restaurant, hotel and superb horse riding facilities, including beach treks and even midnight treks!
The Meridiana Restaurant is a short stroll away, arguably serving the best food for miles around. The adjoining pub is also popular. A Pizzeria and French Restaurant are within walking distance, whilst the nearby Mirador Golf development offers 2 bars, restaurant and a supermarket.
Shops, banks, medical facilities, newsagents and all amenities are available in the town of M’Diq – 5 minutes drive from the development.
The development itself will comprise low-density, low-rise apartments (4 storey) set in lush tropical gardens.
High standard construction will ensure that purchasers receive the best quality property.
1 bed aparthotel units are available in this section of the development. The incredible price of these units ensures a superb investment opportunity.
With the strong rental market, owners in the region have reported rental occupancy of over 95% in the summer months.

Off-season these apartments are the ideal owner's weekend getaway, or indeed for a golf weekend in sunny Morocco.

Payment Structure:(Apart Hotel)
£2000 reservation fee
40% after 28days = £9086.00
60% on completion = £13630.00

Mortgages available for one and two bedroom units
FEATURES:

Highly sought-after area
Conveniently located for amenities
18 Hole Royal Golf Course Nearby
10 Minutes from Tetouan airport
Shuttle Bus to Beach & Golf (5 minutes)
On-Site Swimming Pools
On-Site Ba / Restaurant
On-Site Tennis Court
Set on the boundary of protected forest
Type: Off-Plan Property Beds: 1 - Baths: 1 - Terraces: 1
Surface: 28 m² - Terraces Surface: 6 m²
Price: £22,716 [Estimated conversion of actual MAD347,554 price]

HOW MANY APARTMENTS ARE AVAILABLE?
The initial release comprises 88 aparthotel units.

WHAT DOCUMENTATION IS IN PLACE FOR THE DEVELOPMENT?
Building licence and land title are both in place

HOW LONG WILL THE BUILD TAKE?
Build time is expected to be around 18 months from the time of breaking ground
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