Marrakesh, the new property destination
Everything we know about the market predicts growth:
- Marrakesh is a stunningly beautiful cosmopolitan city that’s fast becoming the place to be seen.
- Marrakesh is an exotic destination just 3½ hours flight from London and flight operators have announced new low cost fares starting from this summer.
- The climate is warm and sunny all year round, with extremely low rainfall.
- The cost of living is low, so money goes a long way over here.
- Property prices are set to increase dramatically over the next few years. At the same time, the tax system is sympathetic to investors.
- In addition, major infrastructure and building developments are under way but controlled by strict environmental laws designed to avoid the mistakes made in Spain.
- Morocco’s Vision 2010 is the stated ambition to attract over 10 million visitors by 2010. There is the political will to make Morocco a leading destination for holidays and lifestyle.
“I look at property all over the world and have found nothing of this quality for the price this close to home. Places such as Bulgaria are way less important given the short season and lack of feel good sun factor.”
K.Clement, International Property Investor
Price comparisons – compare local prices
There are a number of new developments in and around Marrakesh, including the luxurious Aman Resort and Richard Branson’s new 6* Kasbah Tamadot Hotel. These have helped set current property values and our below market prices offer investors excellent returns on sale on or even before completion.
Click here to check the price comparable table.
Take advantage of prices below market value
By averaging the square metre value of other off-plan developments close by, we have calculated the market discount of our properties.
Buying at a discounted price means equity is locked in so that you make money right away on your purchase and capital growth simply adds more to your value.
Even if the market drops, are still covered by the full amount of your discount. In a property market with the stability and growth that Marrakesh offers, this is extremely unlikely.
This table shows our developments are between 22% and 30% below market average value of similar property.
Click here to check the rental comparable table. |