Fez Property - Salama Valley
Designed by a well known local architect, Salama Valley resort will be based on traditional Moroccan design and is located in the imperial city of Fez. Salama Valley resort will comprise of 65 two bedroom Moroccan style villas available in two designs all built to high
specifications. The investment offers a 9 year, 7% p.a. guaranteed return income with 2 weeks personal usage.
These properties
require only 30% down, have AXA-backed security, and 70% LTV mortgages are available. Each comes with a 7% net rental
guarantee that should cover your repayments for nine years. Owning one of these villas should pretty much fund itself, while you sit back and enjoy the capital growth – and the sunshine. |
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Salama Valley, Fez
The Development
The resort will be located high up on the hillside of Zalagh, one of the highest peaks in Fez, on 7.3 hectares of prime land. All houses will enjoy superb south-facing views overlooking timeless, rolling green
landscapes and the charming old medina. While the site’s elevated position gives it a beautifully
tranquil feel, it is only 5 minutes from all the life and amenities of the city.
Salama Valley is designed as a holiday resort, with a main reception located at the entrance and villa
suites acting as hotel-style accommodation.
The project comprises 65 two bedroom Moroccan-style villas available in two designs, and built to high
specifications.
It features a club house to receive guests, with a hotel-style entrance, as well as golf buggies to get
around within the development.
 
Facilities
• Hammam (Arab bath)
• Massage rooms
• Lounge
• Reception
• Restaurants and bar
• Swimming pool
• Wading pool for children (partly heated in winter months)
• Reception office
• 24/7 security guard office
• Additional swimming pools
• Maintenance and management of common areas (swimming pool, green zones, shops)
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The Investment
• 7% guaranteed rental for 9 years
• Guaranteed annual increase on the rental return
• Guaranteed rental backed by AXA Insurance, a widely recognised insurance company
• All units with fine south-facing views
• Fully furnished turn-key villas
• Superb amenities
• 70% finance available against purchase price (subject to status)
• Transferable guarantees
• Development strategically located and built by an experienced developer
The Rental Management Scheme
• The 9 year rental management contract is built into the contract
• Owners will have a 2 week personal occupancy allowance per annum either in their own, or an identical villa or any of the Salama Valley sites without charge and without losing anything from the rental guarantee
• The residence will accommodate local and international tourists on a daily, weekly or monthly basis
• Owners will receive 7% net of their investment
• An increase of 2% p.a. will be pegged to the rental return
• The management company will equip and furnish the property to a high standard
Within the framework of its management, the operator ensures its customers the facility of hotel-style services:
• 24-hour concierge
• Daily cleaning services, with supply of linen
• Provision of all staff
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65 two bedroom villas of 100 m2
• Plot size of 200 m2
• Interior of 100 m2
• Priced at 179,000 Euros (approx £155,000)
• Gardens and terraces
• Fireplace
• Plunge pool
Each villa comes entirely furnished
Living-room/dining room
• Wooden dining table with 4 chairs
• 2 seat sofa and 2 individual armchairs
• Dark wood coffee table
• 2 door chest with drawer
• Moroccan mirror
• Wall plate, lights and mural engravings
Bedrooms
• Double bed, mural, lights, mirror, wall cupboards or wall plates
Kitchen
• Crockery, silverware and kitchen utensils for 4 people
Miscellaneous
• Garden utensils, broom and vacuum cleaner |
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About Fez
 |
Founded more than 1,200 years ago, Fez is one
of the most historically significant cities in North
Africa. Although it no longer holds its 11th
century status as the largest city on the planet
(it’s now the third biggest in Morocco, with a
population of around a million), it still maintains
its proud heritage as a centre of culture and
learning and boasts, for example, the oldest
university in the world. It is also a relaxed,
friendly and aesthetically beautiful place.
It has been the capital of Morocco on several
occasions, the most recent ending in 1912
under French colonial rule. Its charm and
traditional feel are today recognised and
protected, with UNESCO declaring the city’s
wonderfully preserved old medina, with its
fascinating Moorish architecture and evocative
atmosphere, a World Heritage Site. |
Growing interest
UK newspaper, The Telegraph recently ran a property article
entitled “Forget Marrakech and Focus on Fez”.
The comparison is an interesting one. We
happen to love Marrakech; it is a bustling and
exciting city that has continuing investment
potential. Fez has a more slow-paced and
traditional feel, while its climate ensures that,
unusually for Morocco, it is surrounded by fertile
green valleys. These have helped it become
one of the country’s major agricultural regions,
and exports of produce such as olives and
capers are a boon for the local economy.
The city’s property market is affordable,
booming and reminiscent of Marrakech a few
years ago. Marrakech has been and continues
to be an excellent investment prospect and we
see Fez heading a similar way.
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