Property Select

Marrakech is a fantastic, vibrant and exciting city. The only problem is that for many people the centre of a city, especially Marrakech, is too busy and too noisy for everyday life, which is why the suburbs of many cities are the most desirable places to live.

In these out of town locations what’s really required to make a property desirable (and therefore) more valuable, is a combination of peace and quiet with easy access to the centre of town when you need it.

Apple Gardens is ideally situated to meet these investment criteria. Located in an area surrounded by open fields on one side and a historic site to the other, it stands on the site of an existing guesthouse/retreat. Yet from this site it’s only a short journey to either the upmarket Palmeraie area or 15 minutes into the centre of town. Indeed it’s such a promising area that a nearby plot has been identified by Mandarin Oriental as the site of their next luxury hotel in Morocco.

Semi detached and detached villa riads are available - all combining the attractive Moroccan design so in demand with the open plan layout and facilities demanded by today's high end western consumers.

Apple Gardens is currently being marketed at a price c.26% below that set by Savills (the prestigious London based real estate agency) and their Moroccan partner. Furthermore with a market valuation forecast on completion to be between 13%-21% above current prices there is ample scope for capital appreciation.

There are a number of factors that suggest this will make an excellent rental opportunity; the competitive pricing of the development, the establishment of full management facilities, the idyllic location, compliance with FTO standards and the appointment of the leading local rental agent to publicise the development - all point to a rewarding rental prospect.