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Safi Beach and Golf Resort - Land for Sale in Safi

Home » Property For Sale » Morocco » Doukkala-abda » Safi » Land

Property ID: 442312

Land

Price : £20,000

Key Features

  • - Minimum investment of £20,000 or €30,000
  • - 50% return on the investment for the first 6 months
  • - Then 4% per month thereafter (simple) till December 2009
  • - Investor returns gearing towards half of the CBRE valuation
  • - Variable term estimated 6 - 21 months
  • - Exit on sale of the land or re-finance to institutional lending

An exciting and unique opportunity to acquire land ownership rights in the early phase of this frontline beach development, which will go on to be the ground breaking Safi Beach and Golf Resort

Full Description

We are proud to present this exciting and unique opportunity to acquire land ownership rights in the early phases of this frontline beach development, which will go on to be the ground breaking Safi Beach and Golf Resort. The development, which is just south of Safi on Morocco's Atlantic coast, provides an excellent return for early investment.

About Us

As a group of companies, we specialise in finding land across the world, including the Caribbean, Morocco, Europe and SE Asia, and then creating imaginative master plans for development and negotiating with the local officials. Our team have an excellent track of successful negotiations with decades of experience between them and contacts throughout the world.

About Safi

For the Safi Beach and Golf Resort, we have sourced an enchanting and extensive stretch of the Moroccan Atlantic. The Development of 240 hectares forms a long-strip along the coast so, as Safi develops, the resort will become increasingly valuable. The Moroccan government is eager to encourage growth along its Atlantic coastline and is rapidly developing the infrastructure, including a new Super Highway that will link Marrakech to the Safi region reducing door-to-door journey times to under an hour. This area is destined to become the new hub of Moroccan Atlantic tourism.

About the Investment

The development land is currently under the formal ownership of the Moroccan government. We have been awarded the exclusive contract to develop the land at Safi and, following approval of the final detailed master plan, the government will transfer the land to us at a steeply discounted price. This is because the government is keen to promote high quality luxury tourism and has approved us as a favoured developer.

The initial master plan has been submitted and on 11 February 2008 and this received a formal outline approval (an Accord de Principe). The process to receive the Accord has taken just under 9 months and we have now commenced fund raising. On the 22nd August 2007 we obtained a favorable valuation of the land from CBR Ellis, who are leading international valuers with specialist knowledge of the Moroccan real estate market.

 

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All investments bear varying degrees of risk. TheMoveChannel.com strongly discourages you from making any investment decision based upon information that you cannot independently confirm and strongly recommends that you seek advice from a qualified financial advisor or solicitor before you make any financial investment.