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Investment Property » For Sale » Morocco » Fes-boulmane » Sunset Apartments    

Sunset Apartments


Location

Morocco
Fes-Boulmane
Fes

Price

€37,303,.05
to €70,587

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Property ID: 295287


     
 

 Description

Key selling points

  • Mountain Views
  • Communal Swimming Pool
  • Mortgage Available (subject to status)

The Sunset Apartments are just outside the City with stunning views of the medina and Zalagh mountains. For golf lovers Royal Fez golf course is only 10 minutes away. For Skiers, during a short winter period skiing is available in the Michlifen Mountains only 35 minutes away.

* The development will consist of 84 apartments distributed between 4 blocks.
* Low rise blocks of only 3 stories
* 1, 2 and 3 bedroom apartments available
* Two communal swimming pools will be on site
* The community will be gated.
* Some ground floor apartments to have private gardens.
* Roof top terraces on the penthouse apartments.

Fez is the cultural and spiritual centre of Morocco, the oldest of the three imperial cities. The main attraction in this ancient city is the medieval Medina with it’s countless bazaars and shops. The more modern part of the city is known as Ville Nouvelle, and has a decidedly French influence. A visit to the souks will undoubtedly lead to a stopover at Fez's famous tanneries where one of the oldest arts in Morocco, and the world, is practiced to produce the soft leather that has been sought after for centuries. The best vantage point over the ancient walled city, which lies at the eastern end of the plain of Saiss, bordered by the foothills of the Atlas Mountains, is from the ruined Merenid tombs on a hilltop. From here it is possible to view the skyline, and to pick out some of the magnificent palaces, green-roofed holy places and the Karaouine Mosque, all hemmed in by workshops and tenements, souks and squares. Exotic Fez is a city steeped in culture and history, Fez really is the true Morocco.

Morocco offers major benefits from a financial standpoint which makes it a highly attractive prospect for purchasers:
• Property market booming - average rises of 15% per year achievable.
• Rental occupancy reaching 85% most years.
• Low property taxes
• Safe Investment - Notary supervised property registration similar to France/Spain.
• Full repatriation of funds should you re-sell in the future.
• Only 20% on any capital gains.
• New tax benefits expected to be announced in 2007.

 
     
     
 

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