Property Select

Stunning development of six residential towers Set around an artificial lake Project includes five star hotel, shopping centre and offices Tangier (and all savvy property investors!) have been waiting for a truly landmark development to grace it's waterfront. Whilst there has been much construction in the city up until now a large part of this has been low cost social housing aimed at providing accommodation for the rural populace migrating to the city.

Now however a large Spanish developer has recognised the shortage of high quality western style "executive" accommodation and has launched this impressive apartment and hotel complex which is strategically situated in the new business district of Tangier. This exclusive development comprises six residential towers, two office towers, a five star hotel and a shopping complex - all set around an artificial lake only 600m from the beachfront in Tangier. We expect this mixed use development will attract Tangier's burgeoning professional class as well as young couples looking for a first home.

The development is located in the new financial district of Tangier, where new shiny office blocks fitted with all the latest communications equipment and business facilities will be based. Over the next 5 years Tangier aims to become a premier Mediterranean destination and massive government and private investment is flowing into the city - all overseen by Mohammed Hassad the current Mayor of Tangier who was previously credited with transforming Marrakech into the chic destination it is today.

Central to this is the development of the Tangier Med port about 30km along the coast from Tangier. As well as creating the largest container facility in Africa and removing the freight traffic from the town centre, the Port will directly create around 100,000 jobs and as many as 400,000 indirectly. The population of Tangier has quadrupled in the last decade creating a shortage of suitable rental accommodation which will only be exacerbated by the thousands of professionals employed in the Port related industries.

The one two and three bedroom apartments available in this project with a choice of sea or project/lake views. The apartments are sold with a fully fitted kitchen and bathroom installed and the developer is using only high quality products throughout the build. Air conditioning is installed in the bedroom and main living room and the building has been designed using thermal insulation to help keep cool in summer.

We expect demand for sales and rentals in this building to be extremely strong and would urge you to reserve now to secure the best locations.