2 Bed and 1 Bathroom Moroccan House / Villa
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€169,000 | £155,269 | US$247,923 (Approximate currency conversions supplied by )
Fantastic rental investment opportunity. Fully furnished villas with a 9 year rental guarantee starting at 7% per annum, with rental yields increasing by 2% every year! Personal usage also available..
A 2 bed and 1 bathroom house / villa available for sale in Marrakech. The property includes a swimming pool as a feature. The asking price for this off plan property is below EUR 170,000. To get the full details this house / villa why not fill out the details form to the right.
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| Ref |
517057 |
| Town |
Marrakech |
| Region |
Marrakech |
| Type |
House/Villa |
| Bathrooms |
1 |
| Bedrooms |
2 |
| Category |
Off plan |
| Listed |
486 days ago |
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Vineyard Investment Opportunity - 25% - 40% returns over a fixed 2 year investment term
Find out more >>
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House/Villa Description
IPIN has secured a number of units on this meticulously thought out investment opportunity. The developer has proved similar investment models to be highly successful in France and Morocco, and confidently seeks to do the same with Salama Valley 3.
The Investment
7% guaranteed rental for 9 years
Guaranteed rental backed by the giant corporation AON Insurance
Guaranteed annual increase on the rental return of 2%
No income tax on the rental income for the first 3 years
Fully furnished turn-key villas
70% finance available against purchase price (subject to status)
Attractive payment terms of 30/70
10 year construction guarantee
Development strategically located and built by an experienced developer
Bank completion guarantee with all properties
The Exit Strategies
To achieve the highest returns on this investment, it would be advisable to view this as a mid to long term investment
After the initial 9 year term it is possible for owners to renew their rental management contract, though this will not be under the previous guaranteed terms
The SecurityAs part of IPIN's due diligence process, this project has undergone initial legal searches by an independent law firm.
Full licenses have been granted for this project
The proposed draft of the Private Purchase Contract has been examined and it has been certified that all necessary requirements are contained therein
Company registration documents have been verified
Land title confirmation has been confirmed
Buyers will receive a completion guarantee from the bank upon payment of the deposit
The Rental Management
In EVERY instance, the 9 year rental management contract is built into the contract
Owners will have a 2 week personal occupancy allowance per annum either in their own, or an identical villa, depending upon availability
Owners have the option to use their 2 week allowance in another resort. Details will be available closer to completion
The residence will accommodate local and international tourists on a daily, weekly or monthly basis
Owners will receive 7% net of their investment
An increase of 2% p.a. will be pegged to the rental return
The management company will equip and furnish the property to a high standard
Within the framework of its management, the operator ensures its customers the facility of hotel-style services:
24 hour concierge
Daily cleaning services, with supply of linen
Provision of all staff
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Towns located close to Marrakech, Morocco
| • No other towns listed as being close to this town |
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Price of Property in Marrakech, Morocco
| (All prices in EUR) |
Marrakech |
Marrakech |
Marrakech |
| Apartment/Flat |
56,000 |
37,000 |
353,000 |
2,400,000 |
539,000 |
152,435 |
| House/Villa |
180,000 |
80,000 |
4,200,000 |
15,000,000 |
850,000 |
1,540,000 |
| Business |
85,000 |
85,000 |
2,000,000 |
2,000,000 |
230,000 |
450,000 |
| Land/Ruins |
170,000 |
170,000 |
233,100 |
1,760,000 |
- |
1,760,000 |
| Other |
90,000 |
30,000 |
2,500,000 |
2,500,000 |
4,500,000 |
554,309 |
| Penthouse |
182,000 |
147,900 |
182,000 |
300,000 |
- |
147,900 |
| New Development |
2,950,000 |
2,950,000 |
2,950,000 |
2,950,000 |
- |
- |
* Calculations based on 108 properties for sale in Marrakech and 285 properties for sale in Morocco |
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