Bedrooms: 1, Bathrooms: 1, Floor Area: 29 sq. mt & 7 sq mt terrace
About:
Front line golf on the Atlantic Coast. A unique opportunity to acquire a suite within a Luxury hotel complex with a fantastic investment package.
Full Description:
* INVESTMENT *
Exclusive hotel suites, front line Golf - Ideal Investment opportunity.
Be a shareholder in this luxurious Hotel, receive profits and have unlimited use of your selected suite. An in-house management company will deal with all aspects of running the hotel: to include advertising and travel agency connections to bring in guests. Your purchase includes a regular profit share generated in the rental of your exclusive suite. The suites will be booked on a rotary system, excluding your desired times for personal use. Your profits will be remunerated annually.
Tangier hotels have approximately 60% rental occupancy and government figures show that demand is increasing year on year. Similar hotels charge between £50 - £80 per night. With the Paradise Golf and Beach Aparthotel’s proximity to Tangier and the airport, with luxury facilities and an 18 hole Golf Course the rental demand is expected to be high.
The share will be 99 year renewable, inheritable and re-sellable. In addition to the projected rental return, purchasers will have the use of their suite throughout the year and benefit from appreciation in value.
* CONSERVATIVE PROFIT ESTIMATE: *
Estimated charge £50 per night
Rental duration 90 days
Income £4,500
Expenditure £1,300 management and maintenance
Profit £3,200
The above example is substantially under the projected returns and purchasers can expect up to 3 times this annual profit.
* 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.
Atlantic Beach Paradise Resort S.A.R.L. is a Moroccan Company with both British and Moroccan Directors.
The Company has been selected by the Government of the Kingdom of Morocco to develop the Paradise Golf and Beach Aparthotel.
The Company has a Convention Agreement for both the site and development, signed by the relevant Government Ministers. The project is fully licenced and completion is expected in approx 3 years.
The Developers of Paradise Golf and Beach Aparthotel are also developing the Paradise Golf & Beach Resort which is under construction closeby. The interest and volume of reservations achieved on Paradise Golf and Beach Resort has been exceptional. The Developers have also successfully introduced numerous major Spanish projects to the British and Irish markets.
* THE GOLF COURSE *
Steve Ritson Golf Design has been chosen to design and landscape the Golf Course. Steve Ritson is a member of the Institute of Golf Course Architects and has a BSC (Hons) in Environmental Science. The company’s brief is to design a quality 18 hole course suitable for players of all abilities. Current projects include: The Brookfield Golf Club, Kettering Golf Course and Le Meridien IBOM Hotel and Golf Resort in Nigeria. In the pipeline are new courses in the South of France and Mauritius.
* THE BANK *
Groupe Banque Populaire is one of the leading banking groups in Morocco. They will be supporting the Paradise Golf and Beach Aparthotel. Payments for construction and development of the project will be made using the “Certification System”. Payments will only be made once technical experts and architects have visited the site to ensure that all work has been carried out according to specification.
*DEVELOPMENT FEATURES*
Features:
ANNUAL PROFIT SHARE
18 HOLE GOLF COURSE
SUPERB FACILITIES
GREAT CLIMATE
EXOTIC CULTURE
PLENTIFUL LOW-COST FLIGHTS
STATE OF THE ART GYMNASIUM & FITNESS CENTRE
SELECTION OF INTERNATIONAL BARS/CAFES.
DELUXE FRENCH RESTAURANT
COMMERCIAL CENTRE WITH SHOPS/BOUTIQUES/CRAFT CENTRE/SUPERMARKET
IN-HOUSE MANAGEMENT OFFICE. MAID & CHAUFFEUR SERVICE AVAILABLE
BEACH BARS AND WATER SPORTS CENTRE WITH JET SKI, KAYAK AND PEDALO HIRE
SWIMMING POOL
YEAR ROUND RENTALS - SUMMER TOURISM & WINTER GOLFERS
15 MINUTES FROM TANGIER AIRPORT, 10 MINUTES TO THE POPULAR TOWN OF ASILAH
*OTHER OPTIONS ON PARADISE GOLF AND BEACH RESORT*
We also have some 2 bed apartments and penthouses available on resell, at below developer prices. These offer great value for money and are towards the front of the resort with guaranteed sea views!!
Starting price at around £73,500 for 2 bed, 70 sq metre apartment, please contact us now for more details.
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