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)

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