Domaine de L'Akhdar (Vue De Paradis)

On the outskirts of cosmopolitan Marrakesh, in a quiet ‘green’ area, Vue De Paradis, the second phase of Domaine De L’Akhdar, is a site featuring breathtaking views across to the Atlas Mountains.

The concept of this exclusive development is to provide a solution for those who require more space than an apartment and less cost and maintainance than a large individual villa. Unusually, for a villa complex, Domaine De L’Akhdar will be fully managed and offers resort facilities.

Designed by Charles Boccara, a world famous French architect, these three bedroomed detached riad-villas are fi nished to the highest standard and incorporate magnificent Moorish style vaulted ceilings, traditional courtyards and terraces all lending to the idea of indoor/outdoor living. Each villa has its own swimming pool and ambient Andalucian ‘Alhambra-style’ inspired gardens with fountains.

Unit Types

Villa Type A
Villa Type B

Each riad-villa comprises of the following:
• 2 large en-suite bedrooms
• 1 extra bedroom (children, staff)
• 3 bathrooms; with the master bathroom opening onto a landscaped patio with tasteful Andalusian/Moorish water pool.
• Living/Dining area • Pergola covered outside living area
• Terrace • Swimming pool - c.35m2
• Garden with lush vegetation
• Fully fi tted and equipped kitchen
• Air conditioning (hot and cold)
• Plasma screen TV in living room
• Interior design using totally original features such as 4.5m high Moorish vaulted ceilings.
• Plots range in size from 638 m2 to 1,568 m2

Local Facilites and Amenities
Classed as a world heritage site, boasting internationally protected monuments, gardens and squares galore, Marrakesh is the city whose climate, surroundings, history and warm-hearted inhabitants have exerted such a hold over visitors from all over the world since time immemorial.

Marrakesh is a resort town that is becoming more and more popular with artists, business leaders and celebrities as the location for a second home and as a haven of peace and tranquility.

Marrakesh offers a unique blend of the traditional and the modern:
• Authentic Moorish and Berber culture and traditions
• Traditional street markets
• Chic restaurants/lounge bars/discos
• Sports: golf, aquapark, quads, canoeing, ballooning, snow skiing (1 hours drive), tennis.
• Fabulous hotels like “Mamounia” (a favourite of Winston Churchill’s), Amanjena, or Kasbah Agafay, all with luxury spas.
• An impressive choice of top-gourmet restaurants, Moroccan or French.
• Annual film Festival, nicknamed “Cannes´ little brother”
• 2 hours drive away from: - The Atlantic Coast (west) - The foothills of the Sahara

Golf
The city offers three diverse 18 hole golf courses:

“Royal” Golf Course - laid out in 1923, 74 hectares

“Amelkiss” Golf Course - 63 hectares

“Palmeraie” Golf Course and Resort - 72 hectares

Four additional golf courses are planned for the area and due for completion by the end of 2009

Average rates
• Green fees = circa 50 Euros
• Weekly pack = 300 Euros
• Annual subscripition = 750 to 2.400 Euros pp
• Discounts for couples

The developer is negotiating a package deal with the Royal and Amelkiss Golf Courses for 15 to 20 subscriptions for couples, to make this available to buyers.

Vue De Paradis Amenities
• Restaurant.
• Bar/Coffee Shop
• Hammam (Turkish Bath)
• Spa Area
• Children’s Care Services
• Moorish fountains and patios
• Lounge
• 24 hour reception
• Concierge
• Site security

Investment overview
Rental Return Estimated 5% to 6% annual yield

Forecast capital appreciation 15% to 20% appreciation (based upon past 3 years in local market)

Mortgage finance 70% maximum, subject to status, available on completion

Finance
The recently approved banking regulations allow mortgages for non-residents and cover:
• Loan to value: 60% - 70% subject to status.
• Period: maximum 15 years (however repaym