A property purchase at Al Johara is a logical investment because you will be buying at a substantial (30%), pre-release discount, in a significantly rising market that is in an early development stage.
Price range of EUR €139,000
Ref: Al Johara
2 Bedroom(s), 2 Bathroom(s) |
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Al Johara means the Jewel - of the fabled ‘Red City’ of Marrakech, an established UK developer with particular experience in new markets owns the land, and full planning permissions and licences are in place. Elie Mouyal – the famous award winning Marrakech architect has designed this opulent development with his designs featuring beautiful domed and vaulted ceilings, he has managed to combine the traditional Moroccan styles alongside contemporary internal and external areas to produce a resort that will be the most desirable in Marrakech.
The resort which has breathtaking views of the High Atlas Mountains to the south offering permanent uninterrupted views of nature at its best. There will be a five star hotel located at its centre with full rental management on site for all properties. Al Johara will cater for those seeking a complete resort, that will offer a wide variety of facilities to include: golf course, club house, commercial areas providing retail therapy for all the family, bars, restaurants, equestrian centre, tennis courts, spa, gym, quiet areas, open air cinema, children’s play areas, architectural designed gardens and of course many swimming pools. One main swimming pool includes a wave feature and waterslides and is surrounded by sand creating an inland golden beach.
The luxurious properties are located around the golf course ensuring low density as well as complete visibility of the surrounding area. One of the most important aspects of this resort is its total security, offering its clients a fully secure resort with 24 hours security. It will also be one of the first true environmentally friendly resorts in Marrakech, recycled water for the golf course and garden areas as well as several artesian wells. There is a full underground car park for all communal areas and apartments, whilst individual villas will have their own parking area. There will also be electric buggies for use within the resort.
There will be a selection of properties to suit most budgets, from Studio, apartments, riads and large detached 4 & 5 bedroom villas. The architect has given each property generous living and bedroom areas as well as large terraces and or typical riad courtyards. For the larger villas there will be large plots plus spacious areas for all the family as well as maids accommodation.
Summary of facilities
A 5 Star Hotel
A full spa facility and clubhouse with gym and fitness centre
A choice of fast food, family and several international as well as Moroccan gourmet restaurants
A crèche and a children’s club, both available at all times
A par 3, 9 hole golf course plus a driving range and practice greens
An equestrian centre with off-road riding to the Atlas Mountains
Free to use air-conditioned shuttle bus service to the city centre
24 hour, 365 days a year security within a walled and gated community
11 communal swimming pools, the largest a wave pool with sand beaches
Landscaped golf course, beautiful communal gardens and waterways
Satellite TV and wireless broadband to all properties
Tennis, Beach Volley Ball, Cycling, Boules and a jogging track
Moroccan horse and carriage or golf buggy transport to all properties
Full range of retail options including banking, a supermarket, bakery and patisserie
Moroccan Cookery and Arts & Crafts Schools, amphitheatre for live entertainment, open air cinema
Payment Terms - There are a number of staged payments to choose from, please call for further information.
Mortgages - 70% mortgages available loan to value, with rates from 4.7% - 6.5% (subject to status).
Inspection trips - Accept our, no obligation, invitation to sample the Marrakech experience. We have an exclusive luxury villa complex, located close to Al Johara, to accommodate prospective clients who wish to visit Marrakech for 3 – 4 days and go to the Al Johara site and enjoy the unique ambience of the Red City.
Our hospitality will include all your food and drink while you stay at our complex, airport transfers and guided tours of the City and of course of the Al Johara site. Clients will have to pay for their flights, but economy flights will be refunded up to 0.5% of their property purchase price at time of exchange of contract
Why Invest In Marrakech?
Marrakech ‘The red City’ is the cultural city of Morocco, with its exotic sights, sounds and smells that attracts millions of tourists each year. For those who like the hustle and bustle of the city, but want peace and tranquility, Al Johara is the answer for those looking for the perfect location to invest in for both capital growth and long term rental investment as well as their perfect holiday home
1) The Number One Tourist Destination In Morocco
Marrakech already has a strong tourism base due to its warm climate, historical attractions and short travel to Europe, and is set to continue with the increase of low cost airlines.
2)Fantastic All Round Climate
Mediterranean climate, averaging 320 days of sunshine per year with a temperature range of 22 – 38C. Therefore a 12 month tourist season!
3)Low Cost Airlines flying into Marrakech
Since the signing of the open skies agreement reports suggest during the summer 2006, flight bookings leapt 295% year on year. Ryan air, Thomsonfly, Easy Jet and Atlas blue all fly to the city daily. There are 99 flights now between London and Marrakech a week
4) Attracting Foreign Investment
Already attracting industries including construction, film, hotel and leisure industry. Emmar and Dubai Holdings are investing $2.4 billion to build 2 leisure complexes. Sofitel, Four Seasons and Royal Mirage have opened luxury hotels in the city
5) Government Investment in Infrastructure Improvements
Construction and upgrade of the road network, new railway tracks are being laid to enable high speed links, new central station is under construction, the airport is being expanding and the third terminal is due to be complete in 2009
6) Booming Property Market
Witnessed significant property growth in the last 3 years. However, properties are still significantly cheaper then other European countries. Capital growth has been consistent at between 25 – 30 % per annum since 2004. There is a shortage of high quality properties in the city to cater for demand from the growing number of affluent European tourists and investors. Open skies policy, regular media coverage, large scale investment, tourism etc will all drive property prices upwards.
More property photographs
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