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Apartment For Sale in Tetouan, Morocco :: Pre-release, early bird investor 26% discount - on paper returns of 35% within 12 months
Sell Price: 223418
Location: The Maha Beach Spa Hotel & Suites at Royal Cabo Negro Golf
Tetouan
Tanger-Tetouan
Morocco
Property Type: Apartment
Property Details:

The Maha Beach Spa Hotel & Suites at Royal Cabo Negro Golf

Tétouan, Morocco

 

The Maha Beach Spa Hotel & Suites at Royal Cabo Negro Golf will feature 202 suites including studio suites within the hotel, and 2-bedroom suites within the resort itself. Suites are currently available for purchase for pure buy to let investment, with on paper returns of 35% prior to the announcement of the hotel operator in summer 2010. The investment provides an excellent opportunity for 100% return on the cash invested during this period, with exit strategies in place, or as an excellent buy to hold / buy to let investment in one of the major growth areas in Morocco.

The Maha Beach 4-star Spa Hotel & Suites is located at the entrance to the development, and features an external swimming pool, Jacuzzi and sundeck which can be enjoyed by all Maha Beach guests and residents.

 

The hotel offers a full concierge service, with a wide range of ancillary services including golf bookings, car hire, and a function room with meeting and conference services.

 

Located on the ground floor of the hotel is the Spa and Health Suite, which will offer a wide range of relaxing health and beauty treatments. The spa features massage rooms, male and female saunas, an aromatic cold water plunge pool, heated indoor swimming pool, health and beauty treatment rooms, Jacuzzi, Turkish baths and an aerobics hall including changing and shower rooms and sun bathing terrace.

 

The hotel restaurant will offer an array of Moroccan and International fine cuisine which can be enjoyed in the air conditioned dining room, or on the adjoining shady terrace. The resort also features a commercial centre with a selection of boutiques and shops.

 

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

 

Key Facts

·          202 key 4-star spa hotel

·          160 2-bedroom hotel apartment suites

·          Hotel operator to be officially announced Summer 2010

·          Pre-release, early bird investor 26% discount prices prior to official HO announcement

·          Buy to let investment with current heads on beds returning 9% per annum net

·          Currently under construction with expected completion date December 2010

·          Excellent payment terms with low initial investment providing on paper profit of 35% on announcement of HO - 100% on sum invested

·          70% mortgages available through local banks

·          Low rental competition with only three hotels in the area providing accommodation of a 4* standard or above.

·          Growth area with massive investment from the Moroccan government into promotion and development of the tourist industry.

·          Excellent transport links to Europe from Ceuta and Tangiers, with further planned development of the airport at Tétouan

Web Site: http://www.propertyzonedirect.com
Date Published: 14-May-2009
Date Updated: 14-Oct-2009

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Contact Info
Steve Alder
Contact now

Phone: +44 (0) 845 193 2313
(UK)
Phone: +34 952 931 242
(International)

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