Apartments for sale in Tangiers

12/7/2006 - selectoverseas.com

Nice Apartment for sale around Cabo Negro Golf and Country Club, Tetouan Tangiers Morocco in the region 75,082 GBP as at 7 December 2006.Apartment size is 80 sq m, and has 1 bedrooms and 1 bathrooms was listed by selectoverseas.com Quote no. 344. Development Location Marina Area Map

Apartment in Cabo Negro Golf and Country Club, Tetouan Tangiers, Morocco

Property in Tangiers | Property in Morocco | Back

Apartment Description

Pre–launch Cabo Negro Golf and Country Club development in Morocco.

400 meters from fabulous golden sandy beaches and located where the Moroccan Royal family have there summer residence.

Cabo Negro Golf and County Club -

• Front line golf
• Approx 4.5km to Tetouan
• Close to Marina Smir
• Club Mediterranean
• 5* hotels coming into local area
• Cabo Negro is a wealthy part of Morocco
• Spanish developer, established nearly 40 years building in Spain, Bulgaria and now Morocco
• Low cost of living, 30% of the UK
• 340 days of sunshine
• French, Spanish & English widely spoken
• Costa del Sol is 30 minutes away by hydrofoil from western Med Coast
• Notary supervised property registration similar to Spain
• Extended rental season
• 70% LTV Mortgages available at competitive € rates
• Local Airports, Tetouan 20 minutes away, Tangiers 60km away, approximately 45mins drive
•Easy Jet and Ryan air currently fly into Tangiers

The Plan Bleu -

The Moroccan governments plan to attract 10million foreign tourists per annum by 2010.The plan includes required transport infrastructure needed to bring Morocco in to the 21st Century. On the out skirts of Tangiers, heading towards Cabo Negro you can see massive twin Civil engineering projects of the high speed train link and motorway link that will connect Marrakech, Casa Blanca, Rabat, Tetouan and Saidia. Cabo Negro Golf and country club is not yet released for sale with individual floor plans and prices. In effect, this means that you have the opportunity to place a €500 refundable booking deposit and choose one of the best units in the development! Once the development is released the prices will increase.

The pricing is as follows -

Ground and 1st floor:

Price per square meter will be €1200:

1 bedroom – 80m2 + 20m2 Terrace price approximately estimated €108,000.

2 bedroom – 100m2 + 20m2 Terrace, price approximately estimated €134,000

Penthouse, price per square meter will be €1500:

1 bedroom – 80m2 + terrace 20m2 price approx estimated €135,000

2 bedroom – 100m2 +terrace 20m2 price approximately estimated €165,000

Please note -

As this is pre launch and apartment sizes are not yet confirmed the above are the estimated m2 by the developer. The sizes could be plus or minus what I have stated however we are advised this could vary to the Maximum of 10m2 plus or minus.

Important notes -

• The prices do not include VAT which in Morocco is 14%
• Purchase costs amount to approximately 6%
• The development has a total of 200 units
• Ground floor units on the blocks nearest to the road will be commercial
• On site, lagoon swimming pools and tennis courts (see site plan)
• Ground floor will mainly have views over the garden and pool area
• Once you go to the 1st floor in most blocks, not all, you will have golf and see views
• 3 floors in total. There are height restrictions on all apartment developments

Payment terms are as follows -

• €500 until official launch you will then need €1500 to complete the reservation deposit
• 30% on private purchase contract
• 70 % on Completion, January 2009

10 good reasons to buy property in Morocco -

1. This is an exciting opportunity to invest in a new growth area.
2. Morocco is less than 3 hours flying time from England and most other European cities.
3. Recognized by the rich and famous as the place to be seen – much like Marbella in the 70s. 4. The Moroccan government is actively supporting and promoting resort areas to attract foreign owners.
5. Morocco aims to attract over 10 million visitors by 2010.
6. Cost of living is low - so you can afford to spoil yourself.
7. The climate is warm and sunny with extremely low rainfall.
8. The countryside is stunning and mountainous, with beautiful Mediterranean beaches.
9. This luxury resort has three 18 hole golf courses, marina, commercial centre and 6 kms of sandy white beaches.
10. There are lots of interesting places to visit and explore.

Name * Tel * Email * selectoverseas.com Send me more details on REF: 344 - Apartment in Tangiers

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