Invest in the development of a luxury property in a leading emerging offshore property marketThe Business
The Project consists of a planned luxury hotel with adjoining separate villas, each with private swimming pool located in a rural area about 25 kilometers from Marrakech and 40 kilometers from a winter sports resort in the Atlas Mountains. The Project promoters plan to build the villas and hotel for resale.
Market
Morocco, the westernmost country in North Africa with an Atlantic coastline, is separated from Spain on the north by the narrow Straits of Gibraltar. With a favorable foreign investment policy, Morocco has become a leading emerging market for property investment abroad. The prices of luxury real estate are attractive, construction quality high yet relatively low cost. Property owners can enjoy the exotic atmosphere and stunning natural beauty of Morocco. Marrakech, one of Morocco’s most exciting cities, is the tourism capital of Morocco and attracts the world’s rich and famous. It has a year-round sunny climate and lies between the Atlas Mountains to the east, Atlantic Ocean to the west, and the Sahara Desert to the south.
The Project promoters are interested to sell a 75% pre-construction interest in the Project. The Project assets include the development authorizations, building permits, architectural work and contract, and a project management contract.
Sector: Real EstateSegment: Luxury ResidentialRegion: AfricaFinancing Size: $1m to $5mContact: Philippe Der Megreditchian
Company: OLMA SASTelephone: +33 6 03 88 30 13Email: [email protected]