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All  >   Morocco  >   Marrakech   >   Ad:  For Sale in Marrakech

Oasis de Marrakech
Development
For Sale
Marrakech
Morocco
EUR 113000

21/02/2008
Free Ad

A new development of 1,2 and 3 bedroom apartments situated in this luxury resort. The resort is 10 minutes from the airport and close to 3 superb golf courses.The whole development is finished to a very high standard.
Our vision is to create a life changing experience to fulfil your ultimate dream of owning a luxury property abroad

Our aims are to build and deliver five star luxury European standard developments in areas of outstanding natural beauty, and to provide the potential of above average capital growth and focusing on you, our clients

The Opportunity This unique opportunity offers investors a chance to purchase property within a five star luxury European standard development. El Oasis Marrakech is situated in an area of outstanding natural beauty and provides investors the potential of outstanding capital growth, and excellent rental returns.

All financial issues have been addressed to present this unique mortgage and financial package as follows.

•
25% Deposit 75% Loan to value
•
2 Years interest only mortgages on a 15 year term.
•
2 Years mortgage paid by the developer for the investor.
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2 Years service changers paid by the developer
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2 Years guaranteed net rental income at 3% per annum.
•
2 weeks free usage per annum*
•
2 Free plasma televisions fitted with every purchase before 1st June 2007.
•
After the initial 2 year there is an option to renegotiate a rental program for a further 3 years.


•
Property prices 50% less than other European resorts
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Low cost of living – experience a luxury lifestyle at very little expense.
•
Booming property market
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Between 0% 20% tax on any capital gains
•
0% inheritance tax if passed to a family member.
•
No annual property tax for the first 5 years
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Rental occupancy reaching 85% most years during peak season
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Increased tourism created by Vision 2010 will create huge demand for rental accommodation


•
Capital growth of 15%-20% based on last years figures (30% Homes Overseas magazine).
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Vision 2010 to provide new roads, trains, marinas, five* star resorts & shopping malls.
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Open Skies agreement allowing low cost carriers to fly into Morocco. Easyjet and Thomson Fly already offer low cost flights to Marrakech.
•
Costa del Sol is just 30 minutes from Tangiers by Hydrofoil.
•
Mediterranean climate: with hot summers & mild winters.
•
Notary supervises purchases similar to the French legal system.


Marrakech is an imperial city and is regarded as the southern capital. It is the forth largest city in Morocco with a population of 1.5 million. With its position close to the Atlas Mountains you can see the magnificent snow, during winter and early spring, sitting proudly on North Africa’s highest mountains.

Marrakech has a Berber feel (the Berbers are the indigenous people of Morocco and North Africa). The Berbers have their own language and are a truly hospitable race of people.

Red has become the traditional colour of Marrakech. Legend has it that when the Koutoubia was planted in the heart of the city, it poured so much blood that all the walls and houses turned this colour. Today the red of the earthen walls surrounding the medina, and its flatroofed houses, is that of still raw wounds. At dusk in the last rays of the setting sun one could almost believe the blood is flowing again as the walls turn crimson.

The perfect time to visit Marrakech isearly spring.

Above all Marrakech is a city of drama and intrigue. The mysterious, world famous, DjamaaElFna square is a UNESCO world heritage site. The square provides perhaps the greatest openair spectacle in the world. Dominated from a distance by the city’s beautiful and prominent landmark of the Koutoubia Mosque, the square will beguile you with its atmosphere, musicians, snake charmers, story tellers, dancers, magicians, fortune tellers and faith healers.

Around 4pm Berber acrobats appear when the square comes into its own against the backdrop of the setting sun. Then the curtain goes up on rows upon rows of openair food stalls and they smoke the immediate air with their mouth watering aromas.

In terms of sightseeing and places of interest there are plenty:





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