3 Bedroom Marrakesh Villas

Marrakesh Villas

These Marrakesh villas have a total build area of 140 sqm. They are beautifully presented and designed by one of Morocco's leading architects. These Marrakesh villas are spacious and bright and they have spectacular views of the Atlas mountain range. The villas have a large private pool which is built into the ground and there is a 140sq metre roof terrace for those who want to soak up the sun.

Marrakesh Villas: Excellent ROI

The villa is air conditioned throughout, has a 10 year build guarantee and finished to European tastes and designed to meet The European federation of Tourism standards allowing the whole development to be rented en massse to one of Europe's largest tour operators. Conservative rental yields of £1500 per week give the buyers an estimated 16% return on investment excluding capital growth, while still leaving 12 weeks a year for personal use.

Structural Work

• Foundations by continuous footings or individual footings in reinforced concrete, according to structural engineering design while taking into account seismic data for the land and the surrounding area.
• External walls in blocks of 0.15 or .20 thickness, air space thickness of 0.05, lined in blocks or light bricks of 0.07 or 0.10 as required and determined by structural engineer under government compliance.
• Internal Partition walls in blocks or light bricks
• Floor in solid RC slab and or floor blocks and compression slabs according to concrete engineering design.
• Roofs, terraces and accessible areas clad with cement tiles, inaccessible area clad with a DESS type coating.
• Outside walls coated with traditional rendering, coloured or painted, with elements in decorative brick and or other local materials depending on layout.

• French windows and windows in Lacquered aluminium, double hung or sliding with double glazing including burglar proof outside facia.
• Grilles of wraught iron or Moroccon style wood on small openings
• Outside doors in solid wood, all of a Moroccan style
• Outside staircase to be built in traditional style to specification of specialist engineer.

Internal Joinery

• Tradional internal doors in solid wood, natural or painted
• All door handles in wrought iron or similar
• Cupboards with double hung doors, fitted with shelves and hanging sections s one wouldexpect in a high quality house

Bathrooms

• White bathroom fittings, Roca or Similar
• Tap fittings, Groche or similar, mixer taps with dual control chrome coloured finish.
• Stone shower trays
• Monsoon shower head
• Washbasin worktop in coloured concrete or traditional Tadelakt
• Hammered metal Basins
• Fitted cupboards for storage

Plumbing

• External connection in PPR and internal distribution in polythene with brass manifolds for hot and cold water.
• Bathroom water heating by hot water tanks, number and capacity as required.

Electricity

• Installation fully embedded, in compliance with applicable standards
• Three phase 220V/380V from the public grid
• Telephone and TV sockets on cable network in living room and bedrooms.

Air Conditioning

• Split System in main rooms
• Toshiba or similar system capable of cooling the villa

Floors

• Bedrooms: Natural Terracotta
• Living Rooms: Natural Terracotta with Zelliges frieze
• Kitchen: Natural Terracotta
• Wet Rooms: coloured concrete with Zelliges incrustations or bejmat

Wall Coverings

• Living Rooms: Tadelakt with terracotta plinths
• Bedrooms: Tadelakt with Terracotta plinths and or Stucco
• Bathrooms: Tadelakt
• Kitchen: Vinyl paint, minimum two coats with Terracotta plinths

Fittings

• Fitted kitchen
• Oven and hob included
• Tiled borders

Swimming Pools

• Pool Structure in reinforced concrete
• Bottom and sides tiled in stoneware, mosaic style
• Pool surrounds in terracotta tiles

Gardens

Area for Private use will be designed in line with the general landscaping scheme with grassed areas and planting in local species, including large varieties as well as shrubs and decorative plants in accordance with the theme of the resort.

Construction and Delivery Times

All villas are delivered with a 10 year build guarantee. Delivery times are in accordance with the private sales contract.

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%