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| Paradise Golf & Beach Resort - Luxury Development for sale |
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| Select an image to see a larger
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| Options |
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| Features |
Swimming pools & beach bar
Landscaped gardens
On-site cafe, restaurants, supermarkets etc...
Gated community with 24 hour security
4 star hotel with all facilities open to non-residents
Rental & management office
Gymnasium
Free bus service to & from Asilah town & Tangiers
Water sports centre with Jet Ski, kayak and pedalo hire.
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| Description |
PRICES
1 bedroom ground floor apartment - 939,250 MAD (approx £56,581)
2 bedroom ground floor apartment - 1,270.750 MAD (approx £76,551)
3 bedroom ground floor apartment - 1,524,900 MAD (approx £91,861)
2 bedroom penthouse - 1,458.600 MAD (approx £87,867)
3 bedroom penthouse - 1,823,250 MAD (approx £109,834)
The Construction Company
Caisse de Depot et de Gestion (CDG) is a wholly owned subsidiary of the Moroccan Government. Amongst their other responsibilities CDG invests Morocco's pension funds and is one of the country's leading institutional investors.
Last year alone the construction arm of CDG completed 50,000 individual dwellings.
Current flagship projects include:
1 $12 billion series of real estate agreements with Dubai International Properties
2 $2 Billion AMWAJ project already in progress in Rabat
3 $600 million Dubai Towers in Casablanca
4 $500 million Marina de Casablanca
With its vast experience and workforce of almost 3000 CDG is ideally placed to bring the Paradise Golf & Beach Resort to fruition. Construction work on the site is due to start late summer 2006.
The Golf Course
Steve Ritson Golf Design has been chosen to design and landscape the Golf Course at the Paradise Golf & Beach Resort. Steve Ritson is a member of the Institute of Golf Course Architects and a BSC (Hons) in environmental science.
The company's brief is to design a quality course suitable for players of all abilities. Current projects include: The Brookfield Golf Club, Kettering Golf Course and Le Meridien IBOM Hotel and Golf Resort in Nigeria. In the pipeline are new courses in the South of France and Mauritius. Groupe Banque Populaire is one of the leading banking groups in Morocco. They will provide much of the finance for the Paradise Golf & Beach Resort. In addition they will also make all payments for construction and development of the project. Using the "Certification System payments will only be made once the banks own technical experts and architects have visited the site to ensure that all work has been carried out according to specification.
The Bank
Groupe Banque Populaire will also provide mortgages to purchasers at Paradise Golf & Beach Resort where required. These, of course, will be subject to status.
Groupe Banque Populaire offers the full range of banking services including: cash points, credit cards, insurance, direct debits, internet banking, etc.
A new Branch of the bank will be opened at Paradise Golf & Beach Resort with English speaking staff. It is envisaged that Groupe Banque Populaire will also provide purchasers with a bank guarantee which will under-write all payments prior to completion of construction.
Investment
Morocco is a kingdom and his Highness King Mohamed VI has indicated that one of the principal economic sectors he wishes to promote in Morocco is tourism. His aim is to have 10 million tourists annually visit Morocco by 2010. This ambitious project which includes hotel and road construction, improvement of infrastructure etc. will inevitably have a significant effect on property prices in prime tourist areas.
Purchasers at the PARADISE GOLF & BEACH RESORT with its golf and ocean view location and diversity of on-site leisure facilities plus its proximity to Tangiers, the Airport and a charming Moroccan fishing village will benefit considerably in terms of escalating property prices as the tourist boom filters through the economy.
A Mediterranean type climate and lifestyle, less than 3 hours flying time from the UK and with property prices a fraction of those in nearby Spain (just 9 miles away) it's difficult to see how those with investment in mind can go wrong here!!
Those looking for rental income won't be disappointed. High season rates in Northern Morocco often reach £100 per night. The PARADISE GOLF & BEACH RESORT will have an on-site rental and management office which will offer a complete range of services.
The Moroccan Government are keen to encourage foreign property owners.
Excellent tax advantages are already in place and a raft of new legislation due in 2007 is expected to further enhance these fiscal benefits.
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| Specification Description |
FOUNDATION & STRUCTURE: All building with reinforced concrete. Double walls with cavity.
ROOFING: Covered in rustic style tiles. penthouse apartments flat for private use
FLOORING AND TILING: Top quality ceramic floors to lounge, bedrooms and hallway. Non-slip tiles to kitchen room floors. Kitchen and bathroom with top quality wall tiles.
EXTERIOR: Gated community with garden areas, adult and children's swimming pools. 24 hour security Walkways and parking areas Commercial area with café/bar, mini-market, gymnasium and property management office. Water sports hire centre on the beach
TERRACES: Exterior terraces will have rustic style tiling.
WINDOWS AND DOORS: Windows will be in white lacquered aluminium. Security type entrance door with multi locks. Window blinds
INTERIOR: All walls plastered and finished with plastic paint.
INTERIOR CARPENTRY: Wardrobes fitted as per layout plans. Interior doors and wardrobes in varnished timber.
KITCHEN: Fitted with wall & base units. Equipped with split level hob/oven and fridge freezer.
PLUMBING AND SANITARY: Top quality sanitary ware. All plumbing to current regulations.
ELECTRICAL: Full installation to current regulations. TV and telephone points to principal rooms. Pre-installation for air-conditioning
VARIOUS: FURNITURE: An optional furniture pack is available from £4,210.
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Paradise Golf & Beach Resort - Luxury Development for sale
in Asilah
1 - 3 Beds / 1 - 2 Baths |
| Prices From: £56,581.00 |
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| Payment Schedule |
2 BED APARTMENT - 1,270.750 Dh (£76,551 @ 16.6 Dh/£)
To reserve your Apartment you will need to pay a HOLDING DEPOSIT of £1,000
Plus a Handling Charge of £500
The above amounts are FULLY REFUNDABLE for 30 days pending a visit to Morocco.
Thereafter the following payments must be made.
1) Agency Fees … … … ... ... ... … ... ... 58,120 Dh (£3,200)
2) The balance of the 40% Deposit … ... ... … … ... 491,700 (29,620)
The remaining balance of 60% is due on completion. Mortgages are available subject to status
(No Mortgage repayments necessary until the Title Deeds are signed and you take possession of your Apartment).
All properties are sold in Dirhams. The sterling price is a guide only as exchange rate can vary. |
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