A new hotel investment opportunity located in Cabo Negro Tetouan Morocco

The Maha Beach Spa Hotel & Suites at Royal Cabo Negro Golf, Tétouan.

Cabo Negro is famed for its pristine golden sandy beaches and outstanding natural beauty.

The development is next to the Royal Cabo Negro golf course, close to the historic town of Tétouan and the fashionable “Marina Smir” is located a short drive away.

Hotel apartment suites are available for purchase which take advantage of the pure buy to let nature of this investment allowing investors to take advantage of a rental programme managed on an individual rolling basis through the hotel operator of the on-site 4-star boutique hotel.

Located at the entrance to the development, the Maha Beach 4-star spa hotel features an external swimming pool, Jacuzzi and sundeck which can be enjoyed by all Maha Beach guests.

The hotel offers a full concierge service, with a wide range of ancillary services including golf bookings, car hire, and a function room with meeting and conference services.

On the ground floor of the hotel is the Spa and Health Suite, which will offer a wide range of relaxing health and beauty treatments.

The spa features massage rooms, male and female saunas, an aromatic cold water plunge pool, heated indoor swimming pool, health and beauty treatment rooms, Jacuzzi, Turkish baths and an aerobics hall including changing and shower rooms and sun bathing terrace.

The Restaurant will offer an array of Moroccan and International fine cuisine which can be enjoyed in the air conditioned dining room, or on the adjoining shady terrace.

In addition, the resort will also feature a commercial centre with a selection of boutiques and shops.

The resort has been designed with space in mind with low density construction and extensive landscaped green spaces and communal gardens and features three large community swimming pools.

The apartment suites are spread over 10 blocks, each comprising of 16 individually designed 2-bedroom self catering suites.

They are constructed to a high standard using quality materials, and finishes include air conditioning and fully fitted kitchens with white goods and granite work surfaces. There is ample private parking available for cars and golf buggies within the gated complex.

Scheduled completion is for December 2010.

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Morocco Property Expo in Montreal Canada

The first Morocco Property Expo is due to take place in Montreal will follow in line with the efforts made by their King and Government and is aimed to help citizens to have easy access to ownership, – Housing Minister, Ahmed Toufiq Hejira – 3-10-09.

The exhibition aims at providing information for Moroccans living in North-America of the latest offers in the sector, he added.

Morocco’s ambassador to Canada, Nouzha Chekrouni, said that the” exhibition is an opportunity to give the necessary explanations to Moroccans living abroad who wish to invest in their country.”

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First Conference in Morocco for Arab Women Investors’

The first international conference of Arab women investors will be held on October 26-30 in Sekhirat, south of Capital Rabat.

Organized by the Union of Arab Women Investors, the conference is targeting the drawing up of new investment development strategies.

The events primary concern is sourcing alternative investment solutions and creating plans for the reinforcement of feminine investment.

It is expected that the conference will bring about the participation of a number of Arab figures and representatives of international organizations.

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New Hotel Complex in Marrakech Morocco

Emirati group “Jumeirah” to build hotel complex in Marrakech

The Dubai-based luxury hotel group “Jumeirah” and SGTM Immobiler, a subsidiary of the Moroccan Construction Company, recently

signed an agreement to build the hotel complex “Jumeirah Marrakech Golf and Polo Resort”, the group said.

The complex situated south of the city Marrakech is scheduled to open in three stages starting January 2013.

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Renewable energy cooperation Morocco-Spain

Renewable energy cooperation meeting to be held on October 20-23

The objective of this meeting will be to identify the investment and cooperation opportunities in the renewable energy field between
Morocco and Spain.

The meeting will be organized by Spain’s Chambers of commerce in Casablanca and Tangier.

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Cabo Negro Morocco

An area of outstanding natural beauty with mile upon mile of golden “post card” sandy beaches, crystal clear turquoise water, with the outstanding Rif Mountains providing the artistic yet breath taking backdrop.

The region has and still is a popular bolthole for the Moroccan Royal Family whom have themselves substantial properties in the area. Domestic Tourism is booming with tourists seeking the peace and tranquility offered by the region.

Whether you are visiting the luxurious Marina Smir with its upmarket boutiques and gastronomic delights, or seeking a more adventurous holiday of water sports, quad-bike trekking, horseriding climbing, aquaparks, go-karts and hiking. Whatever your requirement, all can be catered for.

Accessibility is excellent, The international airport at Tangiers, caters fr both International and Domestic flights. The port at Tangiers has excellent ferry connections to the Costa del Sol, or if you are looking to sail in, then Marina Smir is a short drive away.

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Morocco popular with internet property buyers

Morocco is emerging as one of the most popular locations for investment among members of the online overseas property community.

Morocco is one of the most mentioned countries, along with Brazil.

According to forums websites, both nations are currently benefiting from economies which are “weathering the economic downturn better than many more established markets“.

To demonstrate the country’s growing status among overseas investors, a recent survey on the of overseas forum bloggers found that Morocco was nominated as one of the best places to invest outside the EU.

NB: Morocco was recently selected by John Howell of the International Law Partnership as one of the top ten property investment choices for 2009.

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Property investors may bank on Cape Verde heritage

Cape Verde has been among the more exciting emerging property markets for many people in recent years. Being the closest tropical islands to Europe is just one reason for its appeal and since the advent of direct flights.

The endless summer climate, Chrystal clear waters are just two favoured attraction. But it doesn’t stop there.
The archipelago has seen substantial economic development, with the country joining the World Trade Organisation last year. It also enjoys a stable democracy, with two main parties and peaceful changes of government taking place since free elections began in 1990.Throw into the mix their plan to join the EU and you have an incredibly attractive investment opportunity which seems to buck the tend of the worldwide economic slow down.

This has raised Cape Verde’s profile and provides a stable investment platform both for the individual and corporate investor.

Presently, the concentration of tourism and properties is primarily focused on Sal, rather than Santiago, even though the latter is the largest island and includes the capital, Praia. But this may change as the ruins of the former capital – Cidade Velha – is on the candidate list to be added to those sites with Unesco world heritage status,. Founded in 1462, the city was the first European settlement on the islands and was inhabited until 1770, when it was abandoned in favour of Praia because it had proved too hard to defend against piracy.

Such a development may indeed bolster tourism on the island and with it the buy-to-let tourist property rental sector. A look at the list of places listed by Unesco shows that to elevate Cidade Velha to world heritage status will place it on a par with the Taj Mahal, Stonehenge, Sydney Opera House and the Great Wall of China. For investors in Cape Verde property, the decisions made at the Unesco meeting in progress now could be highly significant.

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Recent surveys-the average house price in Cape Verde or Morocco.

Recent surveys suggest that the majority of first-time buyers think that the property market is showing signs of bottoming out and that now is a good time to buy property.

The survey found that first time buyers are optimistic at the prospect that they will now be able to afford a home.

Around 57% of people hoping to get on to the property ladder said they thought house prices would either stay the same or increase during the coming 12 months, while 69% think it is currently a good time to buy.

One in five first-time buyers even said they thought it would be more difficult to buy their first home in a year’s time.

First time buyers see the current market as a window of opportunity for people with a substantial deposit. Many of which also appreciate that the overseas property market now offers true investment potential.

This combined with low interest rates and higher than average rental yields are attracting the next generation of investor to markets such as Cape Verde and Morocco.

The average first-time buyer on average has £31,650 saved for a deposit, the equivalent of around 20% of the average house price in Cape Verde or Morocco.

For such a purchase the lenders require a 30% deposit in order for borrowers to qualify for their best deals, curent euribor rate is 3% (Euro Interbank Offered Rate).

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A Sound Climate for Investing in Morocco-Emerging Economy of the Mediterranean

A new English language guide has been published on the economy of Morocco, entitled “Morocco: Emerging Economy of the Mediterranean”. This is the first time that a guide has been released in English, aimed at providing further information for investors looking to put money into Morocco. The document, published in London on 18th June, provides information on Moroccan law and details of the incentives available for foreign investors. At 318 pages, the guide provides an in depth analysis of many of the large scale Vision 2010 projects which have been undertaken by King Mohammed VI, in addition to a breakdown of the detailed information on each economic sector and current reforms.
The document highlights the main advantages of investing in Morocco and points out that the forecast of 5.5% growth for 2009 indicates a sound climate for investing in Morocco.

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