Alkudia Smir (Kabila)
 Alkudia
Smir is located on the
Mediterranean coast, just 15 minutes from the Spanish
enclave of Ceuta and its international airport.
The
project is also know as Kabila and is located near to Marina Smir and Marina Kabila and
is 20km from Tetouan and 50 km from Tangier. The pretty
village of Chefchaouan with its stunning waterfalls is also
located nearby.
Alkudia Smir
is a flagship development in the most exclusive resort area
on Morocco´s “Golden Mile”, an exquisite stretch of
beautiful coastline, unspoilt beaches and stunning seascapes.
Extremely popular with wealthy Moroccan´s, Marina Smir is
literally a location fit for kings: the Saudi Royal Family
have holiday homes here, as does King Mohammed VI himself.
The region is also popular due to its proximity to the
Tangier Royal Golf Club and the Royal Golf Club of Cabo
Negro, as well as both Tangiers and Tétouan airports and the
ferry and hydrofoil ports in Tangiers.
A resort project outside of
the King´s plan giving outstanding value for money and
positioned on the extremely popular Mediterranean Coast.
This project offers excellent
value for money and is being constructed by a major
International development company making it secure. The
resort is next to the beach and has golf on-site. The
popularity of this resort was evident with the first phase
selling out prior to official release.
Development Description
Alcudia Smir
is an exciting development by one of the world’s most
established and respected developers, on Morocco’s most
popular stretch of coastline for property investors, often
called Morocco's golden mile. Set alongside several 4 & 5
star hotel complex’s in an already well established tourist
resort. Alcudia Smir offers a fantastic opportunity to
purchase Apartments, Penthouses and Townhouses at fantastic
prices, at the earliest point of sale.
The Resort
The
resort itself is to be constructed on over half a million
square meters of prime beachfront land, overlooking mile
upon mile of beautiful sandy coastline. There will be a
commercial centre containing shops, restaurants and bars,
which shall make Alcudia Smir
a true hub of activity for this
area and therefore an extremely good rental investment. Due
to the significant nature of this development, there shall
be several phases of construction. The first phase, known as
AP-1, consists of 240 apartment units. All of these units
sold with an additional 100 reservations made within just 10
days, resulting in additional units needing to be released.
Apartments
Each
apartment block shall consist of 16 high quality units over
four floors. Within this, there shall be 2 x 1 Bed
Penthouses and 2 x 2 Bed Penthouses. The ground floor garden
apartments shall be either 2 or 3 bedroom, with a mixture of
2 & 3 bedroom apartments on the first and second floors.
Views from these apartments shall be beach and sea,
mountain, or of the various pool complex’s (selected units
shall even have all three!). Space is a major consideration
in the plans for each apartment, with unit sizes for a 2 bed
1 bath apartment starting from over 65 square meters plus
large terrace. Townhouses There is also the opportunity to
purchase Townhouses at Alcudia Smir. Offering stunning views
to the beach and as far as Cueta, these properties shall be
highly saught after investments. Constructed in blocks of
four, each townhouse shall have 3 bedrooms and 3 bathrooms
with private gardens, and finishes of the highest quality.
Bank Guarantees
One
of the main attractions for investors however, shall be the
availability of bank guarantees on this project. As investor
research has proven, bank guarantees are extremely rare in
Morocco due to the lack of national legislation, so the
added security of an investment at Alcudia Smir (which is
also known as Kabila Marina by many), is likely to appeal to
a broad spectrum of clients and we expect reservation
volumes to reflect this. Outside of the government backed
‘Kings Resorts’ such as Mediterrania Saidia, we are
recommending this project more than any other due to this
added security factor.
Flexible Payment Terms
Another huge bonus for investor clients are the flexible
payment terms available. In a typical Moroccan investment,
buying clients shall be expected to pay 20% of the purchase
price as deposit upon signing the purchase contract, then a
further 20% when the project ‘breaks ground’.
At
Alkudia Smir, although 40% is required before completion,
this is broken down into a 15% deposit, with the next 25%
payable over the next 18 months during construction, either
monthly or quarterly. This is a truly unique payment plan,
designed to encourage early investors and to confirm their
confidence in the project.
Outstanding Investment
Based on our own research and due diligence, and with its
combination of outstanding location, established
infrastructure and tourism in the surrounding area, bank
guarantees, great value and flexible payment terms, we
suggest that Alkudia Smir is THE outstanding investment
opportunity in the area
Enquire Here...
|
CU-AGAIN