2 Bed Apartment for sale in Tangier, Mediterranean Coast & Hinterla...

Buy to let investment with 15% to 20% yield.

This stunning luxury investment opportunity consists of 160 2-bedroom apartment suites in a luxury boutique spa 4 spa resort near Tetouan, Morocco, on the Mediterrean coast.

Price from €81,000 - €159,000.

Completing in May 2011.

Reasons to Invest in this Unrivalled Investment:

* Buy to let investment with €7,572+ net profit -- an extra income stream for you!

* Over 40% below market value, ensuring strong growth potential for you as an investor.

* Moroccan investment in growing tourism and economic infrastructure.

*A wide range of luxury facilities, including a concierge service, a 4 star spa resort, which is in an ideal location, ensuring high occupancy and premium rates.

* Moroccans are buying properties at this resort (over one third by Moroccans), underscoring what a fantastic development and investment opportunity this is.

*.This is a completely 'hands off' hassle free investment for you so no worries about rentals

* The Cushman Wakefield report forecast that the apartments will attain 40% higher rental rates than anything in the surrounding area for private rentals.

* €7,572+ net profit per annum -- an extra income stream for you

* Cabo Negro is just across from Spain and easily accessible to the Continent and near to Tangier Airport

* Completion May 2011

* Moroccan is multi-cultured, exotric, beautiful, and varied (sea to desert)

The Development:

The resort is situated in Cabo Negro, which is famed for its pristine golden sandy beaches, adn close to the historic city of Tetouan, perched in the hills overlooking the resort

King Mohamed of Morocco holidays in Tetouan as well as many wealthy Moroccans. It is anticipated that the majority of the guests will be Moroccan.

There is only one three star hotel in Tetouan, the Ibis. Thus, there is a clear demand for a luxury hotel and resort.

The resort is located next to the Royal Cabro Negro Golf Course - Northern Morocco's most prestigious golf course - with great fairways and views of the Mediterranean and the Rif Mountains.

A short drive away is the fashionable marina at Marina Smir, which offers the same first class facilities as can be found across the Mediterranean in the Costa del Sol.

The resort will have a rental management programme through the hotel operator.

Amenities include:

Luxury spa and health suite
Yacht club and marina
Conference centre
Swimming pools
Full concierge service
Restaurants with authentic Moroccan cuisine and bars
Easy access to the sandy beaches of Cabo Negro

The resort has been designed with space in mind with low density construction and extensive landscaped green spaces and communal gardens and features 3 large swimming pools.

Apartment suites are spread over 10 blocks easy consisting of 16 individually designed 2-bedroom self catering suites, constructed with Moorish influences and in fitting with the natural environment and local architecture.

The terrace areas will be magnficently enclosed with wooden pergols and the natural tile roof areas blend in with the surrounding Moorish architecture.

The apartment suites are constructed to a high standard using quality materials, and finishes including air conditioning, fully fitted kitchen with white goods and granite work surfaces.

The interior of the apartments will be finished in first class tiling, with varnished wood interior and exterior doors.

Why Investment in Morocco?

Unspoilt white beaches - over 3,000 kilometres of coast in Morocc
Excellent climate
First class developments built to European standards
Political stability and the Moroccan government's commitment to a liberal regime
Exotic culture and cuisine
Easy access to Europe
Market benefitting from sustainable medium to long-term growth
Variety of nationalities, not reliant on one economy
Growing tourism
Massive investment in infrastructure and tourism
Prices still far below UK and Europe
'Plan Azur' focussing on growing levels of tourism in Morocco