Property for Sale in Tangier

Property in Tangier

The development includes 72 one bedroom apartments on nine floors with various choices of design layout and size, 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.

The apartments are promoted for sale to individual investors and buyers will be able to enter an organised rental program with guaranteed revenue. The rental income is guaranteed at 10% annually based on the net purchase price of the property and owners will have the use of their apartment as a vacation home for 4 weeks per year free of charge.

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The Benefits of a Hassle Free Investment Property

• 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 defray the expenses 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 renters.
  
  
• 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.

Send me more information about this Tangier property and the latest prices and availability

Prices and Payment Terms

Prices from £58,000 with 3 year 10% rental guarantee

Reservation Deposit - €3000 (approx £2300)
Pre contract signing – 25% minus reservation deposit
8 months later – 25%
14 months later – 25%
Title deeds & key delivery (completion) – 25%

Send me more information about this Tangier property and the latest prices and availability

Why Invest in Tangier Property

Strategically situated at the mouth of the Mediterranean at the gateway between Europe and Africa, Tangier is a city currently being reborn. Massive government and private investment of over $8 billion is flowing into the city with strong political backing. As the king seeks to position Morocco as a key tourist destination under the Plan Azur, Tangier 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.

The imminent arrival of low cost airlines to Tangier is also estimated to boost property prices by around 30%. Buying in advance of the low cost airlines is a successful overseas property investment strategy that we have seen work time and time again, so get ahead of the competition and reserve your Tangier property now.

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