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Penthouse Apartment for Sale in Paradise Golf and Beach Resort

Short Description

Description

Property Pictures & Plans

Property Specifications

Property Payment Details

Area Description & Pictures

Development Specifications and Guarantees

Development Pictures & Plans

Present Pictures

Beautiful penthouse apartment with breathtaking views and direct access to virgin beaches and 18 hole golf course, as well as shopping centre, bar and restaurant, fitness centre, beach bars.... A very attractive payment plan is offered, and only here.

From the bustling port of Tangier with it's airport and ferry connections, we head south along the beautiful Atlantic coast.
Little more than 30 minutes drive brings us to the Spanish/Moroccan town of Asilah - quaint yet lively with its medina and many restaurants.
Just outside Asilah, we reach our destination.
Morocco is a kingdom and his Highness King Mohamed VI has indicated that one of the principal
economic sectors he wishes to promote in Morocco is tourism. His aim is to have 10 million tourists
annually visit Morocco by 2010. This ambitious project which includes hotel and road construction,
improvement of infrastructure etc. will inevitably have a significant effect on property prices in prime tourist areas.
A Mediterranean type climate and lifestyle, less than 3 hours flying time and with property prices a fraction of those in nearby Spain (just 9 miles away) – it’s difficult to see how those with investment in mind can go wrong here!!
Those looking for rental income won’t be disappointed. High season rates in Northern Morocco often reach Ģ100 per night!
 

Description

The Development will consist of :

○Numerous swimming pools
○Beach Bars
○Landscaped tropical gardens
○Commercial centre with shops//boutiques//craft centre//supermarket
○Luxury hotel with all facilities open to non residents
○Rental and management office.. Maid & chauffeur service available
○State of the art gymnasium & fitness centre
○Free coach service to and from Asilah town and Tangier
○Gated community with 24 hour security
○Selection of international bars and cafes. Deluxe French restaurant
○Water sports centre with jet ski, Kayak and pedalo hire

The Moroccan government is keen to encourage foreign property owners and offer the following
incentives to purchasers.

• No rental tax for the 1st 5 years of onership
• No capital gains tax if the profit is below Ģ40,000 - 20% there after.
• After 10 years ownership capital gains tax is nil.
• No inheritance tax if property passes to a family member
• Full repatriation of funds if a property is sold.

Property Pictures & Plans

Property Payment details

Property Specifications

FOUNDATION & STRUCTURE:
All building with reinforced concrete.
Double walls with cavity.

ROOFING:
Covered in rustic style tiles.
Penthouse apartments flat for private use.

FLOORING AND TILING:
Top quality ceramic floors to lounge, bedrooms and hallway.
Non-slip tiles to kitchen and bathroom floors.
Kitchen and bathrooms with top quality wall tiles.

EXTERIOR:
Gated community with garden areas, adult and children's swimming pools.
24 hour security.
Walkways and parking areas.
Commercial area with café/bar, mini-market, gymnasium and property management office.
Water sports hire centre on the beach.

TERRACES:
Exterior terraces will have rustic style tiling.

WINDOWS AND DOORS:
Windows will be in white lacquered aluminium.
Security type entrance door with multi-locks.
Window blinds.

INTERIOR:
All walls plastered and finished with plastic paint.

INTERIOR CARPENTRY:
Wardrobes fitted as per layout plans.
Interior doors and wardrobes in varnished timber.

KITCHEN:
Fitted with wall & base units.
Equipped with split level hob/oven and fridge freezer.

PLUMBING AND SANITARY:
Top quality sanitary ware.
All plumbing to current regulations.

ELECTRICAL:
Full installation to current regulations.
TV and telephone points to principal rooms.
Pre-installation for air-conditioning.

FURNITURE:
An optional furniture pack is available from Ģ4,210.

LEISURE:
An 18 hole Golf Course will be incorporated within the development.

Area Description

Only 15 minutes from Paradise Golf resort is the Club Tanger de Tiro - a world class country club whose facilities are open to non-members. There are 3 restaurants serving both international and Moroccan cuisine plus a café bar. On a 50 acre site the Country Club has a tennis centre, mini-football pitch and kiddies play area. Also available is clay pigeon shooting and soon to be 18 hole Golf Course.

JUST 15 MINUTES DRIVE FROM TANGIERS AND THE AIRPORT IN ONE DIRECTION AND 15 MINUTES OR SO IN THE OPPOSITE DIRECTION TO THE PRETTY FISHING VILLAGE OF ASILAH.

Development Specifications

an 18 hole golf course will be incorparated in the development
The apartments & villas will be constructed on gently sloping land - thus giving most properties at PARADISE BEACH & GOLF RESORT views to the sea.
The site is in an area of great natural beauty and borders the Foret Diplomatique. A stroll around the Golf Course accesses a virgin beach of golden sands.
Just 15 minutes drive from Tangiers and the airport in one direction and 15 minutes or so in the opposite direction to the pretty fishing village of Asilah.
The PARADISE BEACH & GOLF RESORT will feature :-

○Swimming pools & Beach bar
○Landscaped gardens
○On-site café/bar and mini-market
○Gated community with 24 hour security
○Rental and Management office
○Gymnasium
○Free bus service to and from Asilah town & Tangiers
○Water Sports Centre with Jet ski, Kayak and Pedalo hire

THE CONSTRUCTION COMPANY

Caisse de Depot et de Gestion (CDG) is a wholly owned subsidiary of the Moroccan Government.
Amongst their other responsibilities CDG invests Morocco’s pension funds and is one of the country’s leading institutional investors.
Last year alone the construction arm of CDG completed 50,000 individual dwellings.
Current flagship projects include:
1 $12 billion series of real estate agreements with Dubai International Properties
2 $2 Billion AMWAJ project already in progress in Rabat
3 $600 million Dubai Towers in Casablanca
With its vast experience and workforce of almost 3000 CDG is ideally placed to bring the Paradise Golf & Beach Resort to fruition.
Construction work on the site is due to start late summer 2006.

A GOVERNMENT BACKED PROJECT

The Moroccan Government’s vision of major increases in both tourism and foreign investment over the next four years is being partly achieved by zoning large tracts of (mainly beachfront) government owned land for touristic construction.
With building consent already given, fast tracking of licences and financial incentives for developers,
Paradise Golf & Beach Resort will be one of the largest of such government backed projects in Northern Morocco.

THE BANK

Groupe Banque Poopulaire is one of the leading banking groups in Morocco. They will provide much of the finance for the Paradise Golf & Beach Resort.
In addition they will also make all payments for construction and development of the project. Using the “Certification System” payments will only be made once the banks own technical experts and architects have visited the site to ensure that all work has been carried out according to specification.
Groupe Banque Populaire will also provide mortgages to purchasers at Paradise Golf & Beach Resort
where required. These, of course, will be subject to status.
Groupe Banque Populaire offer the full range of banking services including: cash points, credit cards, insurance, direct debits, internet banking, etc.
A new Branch of the bank will be opened at Paradise Golf & Beach Resort with English speaking staff.

Development Pictures & Plans

Present Pictures On Site