Company: Property-Venture
Price: £ 195,000.00 Exchange rate used at date of posting
2 bed, 2 bath, fully furnished, garden apartment within strolling distance of a beach, with beach and golf views. An ideal holiday home that can also generate income. 5% net yield year 1, 6.5% year 2*.
RESORT LOCATION
Saidia Resort is a purpose-built resort as the first tourist destination, within a grand plan named Plan Azur. Plan Azur is the tourist part of the "Vision 2010" created by Morocco's, forward-thinking, leader, King Mohammed VI. He plans to increase tourist figures to a sustainable 10 million from 2010 and is creating the right conditions for Morocco property investors, Morocco home buyers and the tourist trade
As part of this vision, which lays out plans for 6 new Government-sponsored resorts, mainly along the under-developed Northern Atlantic coastline, Mediterrania-Saidia is the only Plan Azur resort on the Mediterranean coastline. Given the government backing to boost tourist levels this provides the prefect backdrop for the property market in Morocco . Mediterranea Saidia covers 700 hectares and has a very cosmopolitan atmosphere. It is a place to be in a slightly more exotic location, but within close reach of Europe.
Sports personalities such as Rio Ferdinand, John Terry and Gary Neville have all invested in Mediterrania Saidia property.
Why such interest?
Well it has a marina, three 18 hole golf courses, numerous bars, restaurants, shops, spas, gymnasiums, tennis facilities, indoor and outdoor pools, the list goes on. The resort was officially opened Summer 2009 and is going from strength to strength. Accessibility has also improved with the local airport, Oujda having just opened and is 45 minutes away. Other airports such as Nador provide additional access and is 1 hour away.
This beachside development is positioned to the west of Mediterrania Saïdia in a peaceful location amidst the championship golf course, El Palmeral. It also remains within a short walking distance of the marina, medina, the sports complex and the area’s other two 18 hole golf courses. The Marina is one of the largest in the Mediterranean and offers fabulous mooring facilities. The Marina itself has already been extended - orignally designed for 1350 berths - and is lined with restaurants and shops.
Apartment
This apartment benefits from views directly out to the 6km beachfront and panoramic views of the championship golf course, El Palmeral. One of the luxurious Best Western Premier residences which are located within an exclusive gated resort community and is ideally situated minutes away from the 6 km long sandy beach and championship golf course.
This is a ground floor, garden apartment and is 102.45sq m, with a 19.15 sq m terrace and a 72 sqm garden. It has 2 bedrooms, 2 bathrooms and an open-plan living-dining room as well as a private garden for outdoor entertaining. It comes fully furnished in the price and this includes garden furniture.
All the entertainment of Mediterrania-Saïdia’s marina, shops and water sports are just a short walk away.
This property comes fully furnished with all the modern home comforts, including fully equipped kitchen with German appliances e.g. Siemens, granite worksurface, plain cream cupboards, lounge and bedroom furniture in "Taklidia" style.
Completion expected mid 2011.
NB * Yield depends on personal usage amount and is part of the contract with Best Western
Property Build: New Build
Country: Morocco
Moroccan town of: Saidia
Inland-Coastal: Coastal
House Size: 102.45SqM
Livingrooms: 1
Bathrooms: 2
Bedrooms: 2
Home Features:
- Air Conditioning
- Heating
- Parking
- Marble Floors
- Dining Room
- Kitchen Appliances
- Balcony/Terrace
- Garden
- Outdoor Pool
- Security System
- Shops
- Restaurants
- Shopping Centre
- Medical Facilities
- Golf Course
- Spa Resort
- Bars
- Tennis
Property Category: Residential
Investment Category:
- Holiday Home







