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Port Lixus, Morocco real estate takes shape
A new luxury resort in Larache, Morocco is rising along the Atlantic coastline and is already a target for international real estate investors. The Port Lixus Resort is under construction just outside the coastal city of Larache, about 80 kilometers south of Tangiers. This is a government sponsored development under King Mohammed’s Vision 2010 initiative, the second such development to begin construction after Saidia.
The Port Lixus Resort, when completed, will have several four and five star hotels, golf courses, a marina and residential villages. The new resort is being planned as a year-round destination, with health spas and facilities for singles, couples and families. Port Lixus is readily accessible from Europe and Morocco’s major cities. It is located along the spectacular Atlantic coast and will have miles of beaches and a great climate. And, it is situated near the ancient Phoenician and Roman town of Lixus, so there is plenty of history here as well.
One of the first properties under construction is La Plage at Port Lixus, a luxury 5-star condominium hotel. This 370 room condo-hotel has a guaranteed two year rental return of at least 6% per year, and expected returns of as much as 11% for the first four years. The exclusive property will have a host of amenities to keep you happy while visiting and to take care of your renters. There will be two restaurants, boutiques and shopss, two swimming pools, children’s areas and more.
One, two and three bedroom suites are available for interested investors. The one bedroom suites start as low as £63,056 and go up from there. For more information on this property http://www.homesgofast.com/property_for_sale/Port%20Lixus/Larache/561735/904-809-45/
Investors concerned about investing safely abroad are using an IDIP, or International Developer Information Pack to feel more confident about buying overseas property. This is an independent look at the property and developer from a legal team and gives you all the information you need to make an informed decision.
Learn more http://www.homesgofast.com/International_Developer_Information_Pack.php
Getting to the new Port Lixus Resort will be fairly easy, as it is 40 minutes from the international airport in Tangiers and just a little bit further from the capital city of Rabat. Tangiers is just across the Strait of Gibraltar from Europe, so it is not far at all.
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