Thursday, October 09, 2008

Luxurt 2 Bed Apartment for Sale in Tangier, Morocco

Atlantic Magna 5 star luxury on the Kings beach Tangier

Atlantic Magna is located in the most prestigious and exclusive area of Tangier, close to Cape Spartel and the Caves of Hercules yet only 10 mins from the airport and 15 from Tangier Centre.
This large 2 bedroom 2 bathroom ground floor apartment sleeps 6 people and is finished with traditional Tadelakt walls and Travatino marble in the bathrooms. The finishing throughout is of exceptionally high qualities.
As a ground floor apartment you can walk out to the landscaped gardens and pools, yet still have magnificent views to the Atlantic.

Bathrooms are finished in wall to ceiling Travatino Marble

The apartment is available for rental short or long term from January 2009. The apartment is also offered for sale immediately.

Technical Specification:

2 bedrooms 2 Bathrooms (1 en suite)

Fitted kitchen, living room, dining area, tea room

Berber lounge - could be converted to 3rd bedroom with access to:

interior and exterior patios.

Build surface 120.60 m2

Terrace and interior patio 45.57 m2

24 hour gated security, underground parking, storage room.

Architects: Gonzales & Jacobson.

41,130 m2 site, 72 apartments of 2/3 bedrooms

Atlantic Magna is perched front line above the beach and only a pleasant stroll to the Caves of Hercules and the magnificent Mirage Hotel with a wonderful al fresco dining terrace and a colonial feel club house bar. The Mirage has 25 suites built into the cliff side and it really is a special place to enjoy a civilised lunch or sundowner or two.

The Apartment is managed by Jurgen and Farida the owners of La Tangerina Hotel in the Kasba of Tangier. La Tangerina handle all rental bookings and the day to day management of the apartment in the same profesional way they manage their excellent hotel.

The apartment will be furnished to the highest standards and available for rent from the 1st January 2009.

For bookings of less than & week a 2 night minimum applies.

Long Term Rental 2000/month min 6 month contract.

Prices in Euros

Per night/min 2 per week 2 Bed sleep 6: 220 night / 1400 week

Additional bed +20% taxes included

+20% High season (March April /July & August)

Offer: For Sale

This 2 bedroom ground floor apartment of 165 sq metres situated in the residential complex of Atlantic Magna, Tangier is due for completion in October 2008.


Reserve price range of 295,000 - 335,000+ depending on the progression from uncompleted property with private contract to furnished rental apartment with ongoing rental bookings. (Prior to completion developer guarenteed finance available up to 150k)

Please contact me through the reservations system if you are interested in purchasing the property for a price update and progress report.

While most house buyers are initially drawn to Morocco for its cheap property prices and its low cost of living, it does not take them long for them to become enamoured by the country, which has since the Romans, charmed and fascinatedthose that land on its shores. In 1999, the new King Mohammed VI came into power vowing to modernize Morocco, strengthen civil libertiesand democratise the country. Foreigners are warmly welcomed and their are no restrictions on foreign investment.

Investment bullet points:
Tangier superport, Europe's biggest port managed by Maersk opens 2008.

The straits of Gibraltar tunnel from Tangier to Tarifa (Spain)

20 Bn USD Direct foreign investment into Tangier mainly from the Gulf countries.

Spain only 14 km and 35 minutes on the fast ferry.

Unspoilt Atlantic beach coast with glorious 300 days of sunshine

The region still in infancy.

Prices significantly cheaper than Spain.

Favourable tax regime. e.g no tax on rental income for 5 years. No IHT if passed on to a family
70% mortgage available subject to usual requirements

Only three hours flight from major UK airports

Open sky agreement signed therefore low cost airlines fly and cheaper fares

High Quality and Prices still affordable Property hot spot Fabulous Sports facilities, Golf Courses, Yachting, Tennis Clubs, Water skiing, Sailing, Scuba diving and Camel treks etc.

Luxurious life style at low cost For more information leave a comment with your email on this post and I will get back to you:

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