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Sunset Apartments are located just outside the City and have stunning views of the medina and Zalagh Mountains, whilst across the boulevard is a sumptuous Sheiks Palace.
This gated development comprises 84 one, two and three bedroom apartments, distributed between four low rise blocks. The ground floor apartments have private gardens, whilst the penthouses have roof top terraces.
There are two communal swimming pools and for golf lovers the Royal Fez Golf Course is only 15 minutes away, another Golf Course is being developed in the centre of the City along with a water park and other tourist attractions. During the short winter period, skiing is available in the Michlifen Mountains only an hour away.
Fez International Airport is a pleasant 15 minutes drive from the development and regular, affordable flights are now available from UK airports.
Last year in Fez prices rose by as much as 40 %. Property prices in Fez are still at rock bottom compared to the other major cities in Morocco and should make an ideal investment.
Features: Stunning views Two Swimming pools Private gardens - Ground floor apartments Roof top terraces - Penthouses Granite worktops & quality tiles Quality floor tiles throughout Gated Community Close to Golf Course Freehold Rental Income Mortgages available - Subject to Status
COMPLETION DATE: July 2008
Prices: 1 Bed Apartments from €38,347 2 Bed Apartments from €45,777 3 Bed Apartments from €60,224
Payment Plan: Reservation Fee £2,000 Refundable within seven days 1st Installment 30% On signing Contract Final Installment 70% On Completion
Mortgages are available - Subject to status
Annual charges: Between €400 & €500 p.a. - Depending on size of apartment
Morocco offers major benefits from a financial standpoint which makes it a highly attractive prospect for purchasers: Property market booming - average rises of 15% per year achievable Rental occupancy reaching 85% most years Low property taxes Safe Investment - Notary supervised property registration similar to France/Spain Full repatriation of funds should you re-sell in the future Only 20% on any capital gains New tax benefits expected to be announced soon