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Tangier Bay Luxury Apartments
Location: Morocco / Tangier Ref No: 100/2091 Type: Apartment Price: € 105,113 Bedrooms: 2 Bathrooms: 1 |
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Property 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 100m². 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 - 101m²
Deposit € 31,534
Price € 105,113
3 bed apartment - 121m²
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.
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 100m². 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 - 101m²
Deposit € 31,534
Price € 105,113
3 bed apartment - 121m²
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.
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