"Property For Sale in Morocco,

Overview

COMPLETION DATE: July 2008

 

Sunset Apartments are located just outside the City and have stunning views of the medina and Zalagh Mountains, whilst across the boulevard is a sumptuous Sheiks Palace.

This gated development comprises 84 one, two and three bedroom apartments, distributed between four low rise blocks. The ground floor apartments have private gardens, whilst the penthouses have roof top terraces.

There are two communal swimming pools and for golf lovers the Royal Fez Golf Course is only 15 minutes away, another Golf Course is being developed in the centre of the City along with a water park and other tourist attractions. During the short winter period, skiing is available in the Michlifen Mountains only an hour away.

Fez International Airport is a pleasant 15 minutes drive from the development and regular, affordable flights are now available from UK airports.

Last year in Fez prices rose by as much as 40 %. Property prices in Fez are still at rock bottom compared to the other major cities in Morocco and should make an ideal investment.

 

Morocco

Morocco offers major benefits from a financial standpoint which makes it a highly attractive prospect for purchasers:

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 soon.

Fez is the cultural and spiritual centre of Morocco described by many as the new Marrakech, the oldest of the three imperial cities. The main attraction in this ancient city is the medieval Medina with it's countless bazaars and shops. The more modern part of the city is known as the Ville Nouvelle, and has a decidedly French influence. A visit to the souks will undoubtedly lead to a stopover at Fez's famous tanneries where one of the oldest arts in Morocco and the world, is practiced to produce the soft leather that has been sought after for centuries.

The best vantage point over the ancient walled city, which lies at the eastern end of the plain of Saiss, bordered by the foothills of the Atlas Mountains, is from the ruined Merenid tombs on a hilltop. From here it is possible to view the skyline, and to pick out some of the magnificent palaces, green-roofed holy placed and the Karaouine Mosque, all hemmed in by workshops and tenement, souks and squares. Exotic Fez is a city steeped in culture and history, Fez really is the true Morocco.

Weather in Morocco varies substantially between the desert to the south east and the coastline in the north west. In the desert summer temperatures average at 42°c, the yearly average is 30°c. On the northern Atlantic coastline the temperature is a much more pleasant 28°c in the summer months and rarely drops below 18°c in the winter months.