Published: 9th September 2013
This excellently planned development of 51 three bedroom villas is one of the most well thought out developments we've seen in Marrakech – and what's more they're selling at below their current market value!
Chill out in Marrakech
This car free oasis of calm is situated about 15 minutes from the bustling centre of Marrakech in an up and coming area close to the prestigious Palmeraie and the golf courses. All the villas combine an attractive Moroccan style with an open plan layout that will be familiar and desirable to most Europeans. Each villa also has a stunning rooftop solarium with views to the mountains as well as a private pool to the rear of the property.
It's in the attention to detail that you really see the quality of this project. The developer has worked hard to secure an idyllic site, upon which stands an existing guesthouse/retreat. And they are building with an eye to compliance for the Federation of Tour Operator standards so that large tour operators will place rental clients there.
The development has a bar, restaurant, well equipped gymnasium, hammam (traditional steam room), communal pool and tennis courts. In addition, preferential green rates have been negotiated with nearby golf courses. Each of the air-conditioned villas are finished unfurnished, but benefit from fully fitted kitchens and bathrooms.
Apple Gardens is currently being marketed at a price c.26% below that set by Savills (the prestigious London based real estate agency) and their Moroccan partner. Furthermore with a market valuation forecast on completion to be between 13%-21% above current prices there is ample scope for capital appreciation.
There are a number of factors that suggest this will make an excellent rental opportunity; the competitive pricing of the development, the establishment of full management facilities, the idyllic location, compliance with FTO standards and the appointment of the leading local rental agent to publicise the development - all point to a rewarding rental prospect.
Apple Garden – Features And Facilities
- Superb views of the Atlas Mountains
- Roof terraces and lush private gardens
- Private swimming pool and golf buggy included in price
- Low density set amongst existing orchards
- Full range of luxury facilities plus discounted golf
- Excellent rental potential
- Full property management
- Furniture packs available
- Gated development with security
- All licenses in place – due diligence available
- All properties bank guaranteed
- Completion: End 2008 / Q1 2009
If would like to find out more about our range of villas in Marrakech, or any of our portfolio of investment property in Morocco, why not visit our main site at Pureproperty.tv.