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property investment
Real Miraflores
tangier, morocco
Reasons to Invest
Net 10% guaranteed rental for 3 years
4 weeks FREE use for owner per annum
Most respected developer in Tangiers
First 3 years exempt from tax on rental
No costs for maintenance charged to owner
Development Features
Luxury apart-hotel project in Central Tangiers
72 top quality 1-bedroom apartments
Inc: Indoor pool, Jacuzzi, Steam bath, sauna, gym
Café and covered terraces in building
Prices start from €77,545 (£58,000 approx**)
Summary
Tangiers is without a doubt the only city for investment in the Mediterranean
region. A city that is developing one of the most impressive and modern ports in
the world in addition to new conference facilities, infrastructure, and a
pleasure port, Tangiers is most certainly a city on the move. However the city
is lacking hotel space and this is what makes Real Miraflores such a tempting
property investment.
The Project
Real Miraflores is a luxurious new apart-hotel project in the centre of
Tangiers. Exclusive to Staymove International clients for a limited time, this
project is being constructed and managed by one of the most respected developers
in the area.
The project offers an extremely attractive 10% NET guaranteed rental yield for 3
years while the owner has use of the apartment up to four weeks in the year.
Owners can sell at anytime and make full profit derived from the capital
appreciation.
The development includes 72 one bedroom apartments on nine floors with various
choices of design layout and size with a competitive furniture package, while
the ground floor is dedicated exclusively for a residence concierge, a complete
spa with indoor swimming pool, Jacuzzi, steam bath, sauna, gym as well as a
trendy café style food and beverage service with covered terraces.
A Hassle-Free Property Investment
Owners have a luxurious vacation home in a premier location while they benefit
from the expected substantial property price appreciation. This is in addition
to the obvious advantages from annual rental revenue which clearly helps off-set
any costs of ownership.
The Real Miraflores development has excellent features and services that enhance
the appeal to potential buyers as well as future renters. Services include
reception, housekeeping and other facilities and amenities.
Miraflores offer hassle-free vacation home ownership. The on-site management
company takes care of all upkeep and maintenance as well as interaction with
guests.
Owners of Real Miraflores apartments have the right to resell their apartment at
any time and make the full profit from derived appreciation, thus Miraflores
rental program combine vacation home ownership together with maximum investment
potential.
Tangiers, the most progressive city in the region
Real Miraflores is situated in the heart of the city of Tangiers within minutes
walk of the beach and all city centre amenities and facilities.
Tangiers is a city currently being reborn. Massive government and private
investment of over $8 billion is flowing into the city with strong political
backing. Tangiers has been recognised as a key factor in achieving this goal. A
new state of the art pleasure port is being built at a cost of $2 billion and
will create 100,000 jobs. New motorways serving the city are also being
constructed in addition to a new high speed train link to Marrakech and
Casablanca. A new marina and new conference centres and hotels are also works in
progress, so everything points to a bright economic future for Tangier.
Furniture package
The owners are required to furnish their apartment in accordance to a quality
standard set by the Miraflores management company. Miraflores provides a
complete furniture pack at a very competitive fix price, thus providing the
owners the saving benefit of bulk purchase as well as allowing the management
company to hold standardized stock for any eventual replacement due to damage.
Please ask for details.
Prices & Payment Details
Prices from €77,544* (£58,000 approx.)* with 3 year 10% rental guarantee. Please
use our enquiry form to request a full colour brochure, current availability and
price list.
Reservation
€3,000 (approx £2300)
Pre-contract signing
25% minus reservation deposit
8 months later
25%
14 months later
25%
Title deeds & key delivery (completion)
25%
*Prices and availability is correct as of time of writing but can be subject to
change without notice. Properties are priced in Moroccan Dirham and currency
equivalents quoted are correct as of time of writing and are subject market
fluctuations. Use Staymove FX to save money on international transactions.
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