2 Bed Apartments for Sale in Al-Mhamid 7, Marrakech, Morocco

2 Bedroom Apartment in the Perfect Location in Morocco

Are you looking for an affordable overseas property? YES

Do you think it is possible to own an apartment in one the most up and coming countries in the WORLD for only £8000 + fees? NO

Then think again because Hilton Investments are today able to offer you a 2 Bedroom Apartment in the perfect location in Morocco from only £20,000. Yes only £20,000 + Fees.

but there is more......you only require £8000 + £2500 to reserve the apartment today and nothing more to pay for atleast 2 Years by which time your property will have appreciated to atleast £25,000 and you will be able to obtain 100% finance on the remainder of the outstanding £12,000.

Perfectly located for Capital appreciation of atleast 30% - 40% p.a.
Perfectly located only 5 mins from the airport
Perfectly located only 15 mins from the City

MOROCCO
Situated at the north western tip of Africa and bordered by Mauritania and Algeria, this country is two rolled into one. It uniquely separates the exotic mystery of Africa from the warm romance of Europe: it is just 14km from Gibraltar and Spain and is cut off from the rest of the African continent by the Atlas Mountains and Sahara Desert.

Whether you are searching simply for a traditional riad in Marrakech or want to explore the wildlife of the Atlas Mountains, Morocco has it all, and more, largely thanks to its forward thinking leader.....His Royal Highness King Mohammed VI, whose 'Vision 2010' project aims to increase tourist figures to a sustainable 10 million by the year 2010.

The city's appeal has vastlyincreased since the introduction of cheap European flights from the UK, France, Germany, Spain, Belgium, and Holland. MOROCCO. Some 6.3 million tourists visited Morocco between January and October 2007, a 14% increase over the same period last year, according to figures released on Monday by the Department of Tourism.

French visitors topped the list with 2.4 million tourists, followed by Spanish (1.3 million), Belgian (370,000), British (358,000), Italian (313,000), Dutch (306,000) and German (251,000) tourists. Tourist nights in classified hotels posted a 4% increase, reaching some 14.6 million.

APARTMENTS
The development is in Al-Mhamid 7 and is with a large Moroccan developer. The development consists of 5000 units, mainly 2-bed apartments. Being a residential area prices are half of what they are in the tourist areas. The area is in the suburb of Marrakech which is rapidly developing owing to investment from private sources and the government. Being a residential area prices are a fraction of what they are in the tourist areas.

The location is 5 Mins from the Airport and 15 Mins from the City Centre. It has all the amenities you would expect from a residential area. There are religious centres, souks, flea markets, restaurants, shops, bus and taxi services, banks and even traditional hammams.

The apartments themselves are large enough to accommodate a 5-6 person family and would be a perfect holiday pad, economical and convenient. They consist of 2 Bedrooms, Lounge, Kitchen and Bathroom. In total the size of the apartments is 60 sqm. They can be furnished to a good quality Moroccan design for around £1500-£2000. The apartments can also beletfor arent of about £100 per month, which might not sound much but is still a very respectable yield of 7.5%. All the apartments are contained in blocks of 4-storeys (ground plus 3). The buildings all have lifts, and there is a nominal annual service charge to pay.

WHAT TO DO NEXT
1 Call our office to arrange a meeting at your convenience or ask for a Reservation Form
2 Fill in the Reservation Form and send it to us
3 Pay £750 administration charge (payable at reservation)
4 Pay £1750 Arrangement Fee (payable at reservation)
5 Pay £8000 Deposit (40 % of the price of the property payable at reservation)

6 £12000 balance (Remaining 60% - payable at completion in 2 years) Finance Available
7 There is a maximum of £1000 legal costs at completion in 2 years