Apple Gardens

Property in Marrakesh: Key Investment Points

• Property Prices 32% under market value
• 15% annual capitol growth
• Up to 16% rental yield (based on 40 weeks occupancy) arranged via one of the UKs largest tour operators
• 60% stage payment mortgages avaiable - backed by a bank guarantee from the Societe General - one of France's leading banks.Excellent tax breaks for investors
• 247% increase in flights from the UK in the last 12 months. (There are now over 100 flights a week from the UK)
• 93% year round occupancy in 4 and 5 star hotels
• Tour operators have identified the need for family resort in the area
• Marrakech is a buoyant property market with the majority of buyers being FRench, Spanish and Middle Eastern. However, this year has seen a significent increase in US and Australian investors
• Due to strict building regulations there will be no repeat of the mass development seen in Spain

Apple Gardens is a modern development offering two different styles of Property in Marrakesh. There are 51 villas in total, and all with 3 bedrooms, and each villa is open plan, has a courtyard and all of these Marrakesh villas have a private pool and stunning roof terraces surrounded by secluded gardens.

Contemporary Living

Apple Gardens has an array of first-class facilities for the convenience and enjoyment of residents. The development has a bar, restaurant and there are excellent sports facilities including tennis courts, common pool and a well equipped gymnasium. There are also famous golf courses nearby and residents of Apple Gardens will receive preferential green rates.

Marrakesh is the jewel in the crown of North Africa. It already has much of the infrastructure in place, a recently developed airport and increasing tourist numbers. Successfully combining contemporary living with traditional heritage, Marrakech offers residents and visitors the best of both worlds.

Picturesque Surroundings

All villas have breathtaking mountain views of the Atlas Mountains. These villas in Marrakesh are ideal for those people who enjoy luxury, comfort and splendour. Call today to find out the latest availability of our Property in Marrakesh.

Morocco

Bordering the Mediterranean and Atlantic, Morocco offers a delightful climate and exceptional beauty that ranges from unspoilt coastline to stunning mountains and the rugged wilderness of the Sahara.

Officially known as the Kingdom of Morocco, this exotic and cosmopolitan country covers 171,834 square miles and has an estimated population of 33,000,000. The pace of social change and economic improvement is supported by the energetic and extremely popular young King, Muhammad VI. By encouraging foreign investment and infrastructure development he is rapidly leading Morocco to the international top tier of property investment and tourism.
Diverse and wonderful

In Marrakesh, you can be sunbathing by the pool and then, within an hour, be skiing on the slopes of the Atlas Mountains or swimming in the sea. European artists, writers and musicians have long been inspired by this imperial dessert city surrounded by red ochre walls and green palm trees. Dominated by the imposing Koutoubia Minaret, Marrakesh combines ancient with modern and now offers the opportunity of a burgeoning property investment market.

Marrakesh

Located just 15 minutes from the centre of Marrakesh, Apple Gardens is an exclusive development that features endlessly fascinating views across to the Atlas mountains. It’s also within close proximity to the famous Djamaa El Fna Squarea, a UNESCO World Heritage site.

There are over 100 flights a week from the UK direct to Marrekesh.

Facilities

Apple Gardens has an array of first-class facilities. These include

• Superb views of the Atlas Mountains
• All villas have private swimming pools
• Gated development
• Large roof terraces
• Completion due 2008
• Secluded gardens
• Restaurant
• Gym
• Housekeeping

Resort Services

• Rental management
• Housekeeping and laundry services
• Shuttle service to Marrakech and the airport

Pre Release Payment and Banking information

Approximate timelines for payments

* €5000 on signing reservation contract

* 20% deposit 21days after reservation

* 20% on foundation (signing of compre de vente)

* 20% on walls Approximately January 2008

* 20% on Roof Approximately March 2008

* 10% on Fixtures & Fittings Approximately June 2008

* 10% on completion/keys Approximately September 2008

Mortgage and Bank Guarantees

On the stage payment mortgage you only pay the interest on the stage payments. Once the villa is complete then the mortgage will become interest and repayment. Your payments will be approx 10,000 euros per year on a 25 year term. Your villa will rent out for 1500 euros per week minus a 20% rental management fee.

Bank : BMCI(subsidiary of BNP Paribas): The largest Moroccan bank.

LTV: 14% on the payments

Term 1: under 7 years: 4.85%

Term 2: over 7 years : 5.25%

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