2006/06/05

MOROCCO - Luxurious Country Club

Morocco is fast becoming recognised as one of the most desirable locations in which to invest in as the world wide property phenomenon continues.

IMOINVEST now bring to the market Samanah Country Club in Marrakech. This highly sought after development is ideally located being only 8kms from Marrakech’s Menara Airport and just 14 kms from the famous Jema El Fna. This stunning development is situated at the foot of the Atlas Mountains nestled within a Sahara oasis and close to Marrakech centre.

Andrea Marie Portugal Marketing Director of IMOINVEST says, “Samanah Country Club is a premier development set on some 285 hectares. The resort is completely private and omits nothing. There will be 5 star hotels located within the resort, an 18 hole golf course designed by Jack Nicklaus and a full service spa.”

Samanah Country Club is unique because it gives investors the chance to purchase land and have a bespoke luxurious villas built to their own specifications. Plots of land start from 1400m2 and each residence will be constructed of the finest quality materials, each decorated by top interior designers capturing the beauty of traditional Moroccan architecture. What’s more is that Samanah Country Club will be pedestrian only and undoubtedly the best place to be in Marrakech. The properties will boast swimming pools with private gardens and boast fantastic views over the Atlas Mountains.

Andrea adds, “Morocco is an emerging market and prices reflect this. However Morocco is hotly tipped to become one of the main overseas property markets and enquiries into investing here have been at an all time high. Whilst still an off plan opportunity, even at this early stage we are expecting to see annual rental incomes at 4% which are expected to increase as the development nears completion. This is a strong investment opportunity in a country where property prices are 50% less than other European resorts. With property rising at 15% per annum and rental occupancy reaching 85% most years those that invest here can also benefit from easy repatriation of their investments with only 20% tax on any capital gains.”

Prices at Samanah Country Club start from £255,855 for a four bedroom villa.

For a complete list of Moroccan Properties available through IMOINVEST please click HERE.

(PHOTO CAPTION: Samanah Country Club in Marrakech available through IMOINVEST)

Berlin Property Market Awakens

The German property market is looking likely to turn into one of the hottest property markets in Europe and Berlin is seeing an upsurge of investors keen to get on to the real estate market.

Andrea Marie Portugal Marketing Director for IMOINVEST says, “As the German market awakens to the opportunity of property investment with low interest rates and an up and coming economy, we are expecting to see significant price rises over the next 5 – 7 years. Prices in Berlin are currently between £696 and £2089 per m2 in many upmarket areas but compared to prices of £6,950 per m2 in Paris, London and other major cities, now is definitely the time to invest in Berlin.”

In addition to its political significance as a federal capital, Berlin is now the headquarters for more than 40 worldwide operating companies and has established itself as an internationally competitive and attractive location for high tech companies. At present under 40% of Germans own their own homes compared with around 80% in the UK and Ireland. However with a property market that has remained stagnant for 10 years financial institutions are now introducing new packages to help renters move into mortgaged accommodation. In many ways this is similar to the council housing boom of the 1980’s when the property market increased dramatically.

IMOINVEST bring to the market the opportunity to invest in 10 maisonette apartments situated in the upmarket neighbourhood of Barnhelmstrasse which is ideally located in the south-western district of Berlin. This sought after area boasts excellent schools and the tranquil area boasts sprawling green land and an abundance of trees yet still offers easy access to Berlin via road or rail.

There is two and three bedroom maisonettes available offering bright spacious accommodation in a gated area with park like settings.

Andrea adds, “Due to the location of this development there is expected to be a healthy rental income of up to 5.4% per annum and those looking for a strong investment opportunity would be wise to invest now at the start of the German property boom.”

Prices start from just £129,564 for a two bedroom apartment rising up to £144,867 for a three bedroom maisonette.

For a complete list of Berlin Properties available through IMOINVEST please click HERE.

(PHOTO CAPTION: Barnhelmstrasse maisonette apartments in Berlin available through IMOINVEST)