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2 - Bed Apartment/Flat for Sale in Tangier (Ref: 406858)

2 - Bed Apartment/Flat for Sale in Tangier (Ref: 406858)
Country: Morocco
Province: Med Coast
Price: 105,113
Availability: Available: Yes
Description
The Tangier Bay Apartments are in a modern, tourist area of Tangier, a short walk to the beach and all the facilities of a five star hotel.

Phase 1 is due to complete by the end of 2007. The development will consist of 350 units in two phases. There are a selection of 2 and 3 bedroom luxury apartments with sizes starting at 100m. A show flat is currently available on site for viewing.



-First development of its kind in Tangier
-Panoramic breathtaking views
-High spec. imported kitchens and bathrooms
-Private sports ground
-Private swimming pool
-Secure gated development
-Tranquil location
-Walking distance to beach
-5 minute walk from a 5 Star hotel, casino & beach resort
-15 minute drive to Royal Tangier Golf Course
-5 minute drive from the city night life
-5 minute drive to the Minar Water Park and resort
-Massive potential for local and tourist rentals
-30 minutes drive from the new Tangier-Mediterranean Port
-Overlooking the new 60 hector 'Ghandouri' Touristic Zone
-Overlooking the proposed new 45 hector artificial lake
-Allocated car parking



2 bed apartment - 101m
Deposit € 31,534
Price € 105,113

3 bed apartment - 121m
Deposit € 37,778
Price € 125,927


Investment

• 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.

If You are interested in any of the properties fill out an Enquiry Form at the top right of the page or Telephone 0845 390 1250