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Property for sale information

 
Alkudia Smir  
Reference nr:
Description:

Description: Fantastic luxury apartments built by Spain's leading holiday home developer in the most sought after location in Morocco - and right on the beach too!
From €97,000

Alkudia Smir, Marina Smir, Morocco.

Unbeatable Prices

1 bed apts from: €97,000 inc VAT
2 bed apts from: €104,000 inc VAT
3 bed apts from: €135,000 inc VAT


Endless golden beaches, year round sun and a resort location fit for a King - this exclusive resort development on Morocco’s "Golden Mile" is quite simply the best value for money property investment on the Mediterranean!

The Resort

Alkudia Smir is a flagship resort adjoining Marina Smir with stunning views across the Mediterranean to Spain on one side, and the towering Atlas Mountains on the other.

Set amid lush landscaped gardens, with numerous swimming pools, leisure amenities and just a moment's stroll from the beach, Alkudia Smir is truly a jewel in the crown of this golden coastline.

Alkudia Smir - At a glance:
Direct, private access to beach & beach bars
Beach front Promenade with walks to Findiq, Marina Smir and M'Diq
Fitness Centre & Spa facilities
Beautiful swimming pools set in tropical landscaped gardens
Sports facilities on-site, with tennis, hockey, football & running track
Private, exclusive gated resort with 24/7 security
Commercial centre with shops, restaurants, bars & other facilities
4 Star Hotel with restaurants & bars
Royal Cabo Negro Golf Course just 10 mins away
New golf course being built adjacent to Alkudia Smir
Water Park 2 mins from resort

The Apartments

This second allocation is exclusive to Larionovo and includes stunning 1, 2 and 3 bedroom apartments in a fabulous location within the development.

All apartments are designed and constructed to the highest specifications and feature:
Fully fitted kitchen
Pre-installed air conditioning
Kitchen hob, oven and extractor
Tiled and Stucco finished bathroom
The Developer

Alkudia Smir is being developed by FADESA, one of the leading property developers in Europe. Your property will be fully bank guaranteed and managed by FADESA right through to hand over. Click here for more information on FADESA and why Alkudia Smir is such an attractive investment opportunity.

Unbeatable Investment Potential

Morocco is now emerging as the next force in European/Mediterranean tourism, yet property prices remain about 50% lower than other European markets. As a result it represents quite unbeatable investment potential.

Please go to our pages on the Morocco Property Market and Why Invest in Morocco to find out more about this booming real-estate opportunity.

Unbeatable Prices

Payment Terms
€ 3,000 non-refundable reservation deposit
20% deposit payable upon private contract, less reservation fee
10% March

Bedrooms: Bathrooms: Price (€):
2 104,000
Features:
Beach
Submission Date:
03-14-2007
Last Update:
03-14-2007
Advertiser Details:


Name:
Zara Mulholland

Company:
Larionovo

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €104,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations