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Key selling points
- Located on the popular Coastline between Tangiers and Asilah
- Resort is situated on the beach and will have superb views
- Penthouses have full roof solariums
- Facilities include swimming pool, gym, supermarket
- Free shuttle bus into Tangiers and Asilah
- Onsite rental management office
SUPERB FRONTLINE LOCATION WITH RESALE PRICES THAT ARE HIGHLY COMPETITIVE AND CHEAPER THAN NEW OFFPLAN PROPERTIES IN THE SAME REGION.
THE LOCATION - ASILAH TOWN
Asilah is an elegant coastal town with a rich history and a population of around 20,000. First impressions are of the wonderful ramparts and turrets built by the Portuguese in the 1500’s. There are wide avenues and a pretty palm-lined seafront boulevard, here can be found some of the towns best restaurants – many operated by Spanish owners. Casa Garcia, Casa Pepe and Al Kasabah are among the better known, all serve superb fish and shellfish dishes at a fraction of UK prices. The Medina or old quarter has ancient but well kept blue and white houses. Little shops with friendly shopkeepers sell a variety of Moroccan handicrafts. Every facility is available in Asilah including banks, chemists, church, numerous hotels with bars open to non-residents and a hospital.
The fishing port is a pleasant place for a stroll and there are plans for a yacht Marina. The Mayor of Asilah is also the Moroccan ambassador to the USA and during the late 1970’s this forward thinking gentle man inaugurated an annual summer Arts Festival attended by musicians, painters, poets and writers from all over the world. The financial impact of both tourism and the Arts Festival has transformed Asilah and the town is now extremely clean and prosperous. North of Asilah town the resort will occupy acres of prime oceanfront land. The land is accessed by the main coastal road linking Asilah to Tangier and the resort is located IN FRONT of this coastal road. Asilah Beach Resort – The Development: The development will comprise over 300 low-rise apartments and penthouses all with direct access to miles of Virgin golden beaches. There will be green zones with park-like areas, lawns, palm trees and flower borders. On-site facilities will include swimming pools, café/bar plus a mini-market and gymnasium. The front two blocks will be just 2 stories high, the remainder will be 3 stories high.
ASILAH BEACH RESORT will be a gated community with 24 hour security. Due to the importance of the development it is envisaged that the local authority may install a police post and Red Cross medical centre. A free bus service to and from Asilah town will be available to purchasers at Royal Asilah Beach Resort. Golfers will be pleased to know that the 18 hole par 70 Tangier Golf Course can be reached in under 30 minutes from Asliah, expect to pay around £15 a round. There will also be many other new golf courses that are planning down this coastline. Morocco is a kingdom and his Royal Highness King Mohamed VI has indicated that one of the principal economic sectors he wishes to promote in Morocco is tourism. His aim is to have 10 million tourists annually visit Morocco by 2010. This ambitious project which includes hotel and road construction, improvement of infrastructure etc. will inevitably have a significant effect on property prices in prime tourist areas.
Purchasers at the ASILAH BEACH RESORT with its ocean front location and diversity of on-site leisure facilities plus its proximity to the Airport and a charming Moroccan town will benefit considerably in terms of escalating property prices as the tourist boom filters through the economy. A Mediterranean type climate and lifestyle, less than 3 hours flying time from the UK and with property prices a fraction of those in nearby Spain (just 9 miles away) – it’s difficult to see how those with investment in mind can go wrong here!! Those looking for rental income won’t be disappointed. High season rates often reach £100 per night. The Asilah Beach Resort will have an on-site rental and management office which will offer a complete range of services.
The Moroccan government is keen to encourage foreign property owners and offer the following incentives to UK purchasers. No rental tax for the 1st 5 years of ownership No capital gains tax if the profit is below £40,000 - 20% thereafter. After 10 years ownership capital gains tax is nil. No inheritance tax if property passes to a family member Full repatriation of funds to the UK if a property is sold. Site Features: Swimming Pools & Beach Bar Landscaped Gardens On-site Café/Bar and Mini supermarket Gated Community with 24 Hour Security Rental and Management Office Gymnasium Free Bus service to and from Asilah Town Water Sports Centre New Updates Ground has been broken and builders are progressing quickly with the build. The completion for the project is March 2009.
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