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Key selling points
- Low cost of living
- Massive Government and Foreign Investment
- Booming Tourist Industry
- Investment Potential
- Stable Economy
- Favourable Tax Laws
Alkudia Smir is a flagship development in the most exclusive resort area on Morocco´s “Golden Mile”, an exquisite stretch of beautiful coastline, unspoilt beaches and stunning seascapes. Extremely popular with wealthy Moroccan´s, Marina Smir is literally a location fit for kings: the Saudi Royal Family have holiday homes here, as does King Mohammed VI himself.
The region is also popular due to its proximity to the Tangier Royal Golf Club and the Royal Golf Club of Cabo Negro, as well as both Tangiers and TĂ©touan airports and the ferry and hydrofoil ports in Tangiers.
There are currently major infrastructural improvements underway throughout Morocco, but the scale and quality tourism-focused projects in the “Golden Mile” region are particulary noteworthy, and mark it out as the region with the most profit potential for property investors.
They include: Development of the region as one of six specifically identified as quality tourist locations in the Plan Azur. The New International Airport currently under construction at Tétouan, just 15 minutes from the Alkudia Smir, which is due to be completed by the end of 2007. The new Tétouan Free Port – similar to Emaar´s Dubai Marina project, scheduled for completion end of 2007. The new marina Smir Seafront Promenade. Major local road building projects – including upgrading the Tangiers – Tétouan coastal motorway.
The Open Skies agreement has already seen a rush of low-cost European carriers into themarket, including Ryan Air, GB Airways, Easy Jet and Atlas Blue; and Air Maroc has committed to doubling it´s fleet by 2007. The result will be a dramatic increase in the number of Northern European visitors to Morocco, and a consequential rise in tourist rental rates and property value. Morocco´s tourism industry is already booming, and is poised to really take off as the Vision 2010 plans come to fruition – within this landscape, Marina Smir and the Golden Mile will undoubtedly stand out as the most exclusive, most advantageously placed, and most profitable of all locations.
The developments is set amid lush landscaped gardens, with numerous swimming pools, leisure amenities and just a moment´s stroll from the beach, Alkudia Smir is truly a jewel in the crown of this golden coastline. Among the resorts many features and amenities are: Direct, private access to beach and beach bars Beach front Promenade with walks to Findiq, Marina Smir and M´Diq Fitness Centre and Spa Facilities Beautiful swimming Pools set in tropical landscaped gardens Sports facilities on site, with tennis, hockey, football & running track Private, exclusive gated resort with 24 / 7 security Commercial Centre with shops, restaurants, bars and other facilities 4Star Hotel with restaurants and bars Royal Cabo Negro Golf Course just 10 minutes away New Golf Course being built adjacent to Alkudia Smir Water Park 2 mins from resort.
When you are buying a property in another country it is vital that you chose one that is being built by a reputable developer. In Morocco, we have gone one step further. Alkudia Smir is being built by Spain´s foremost developer, FADESA. With over 30 years development experience in mainland and coastal Spain, the Balearics, the Canary Islands, Germany, Portugal, Hungary, Poland, France, the UK, Ireland and Morocco, the €977 million company enjoys an enviable reputation for excellence and is now leading second home builder in Europe.
One of the advantages of a FADESA development is their start-to-finish approach. They manage the entire operation internally from identifying land for development, through planning and architectural design to construction and after-sales. And naturally, your apartment will come with a full bank certified guarantee. All apartments are designed and constructed to the highest specifications and feature fully fitted kitchens, air conditioning, kitchen hob, oven, washing machine & dishwasher, plus a tiled and stucco finished bathroom.
Thanks to the vision and ambition of King Mohammed VI to modernise his country and develop its tourist industry, Morocco, is now rapidly emerging as a property market with huge potential. In particular, the Mediterranean coastline around TĂ©touan is primed to boom as a tourist destination over the next two to three years, resulting in significant capital growth and increased rental income for investors with the vision to act now.
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