Tangier City Apartments[1]

2 bedroom

Apartments from only € 32,848

3 bedroom

Apartments from only € 35,536

Avda. Ramon y Cajal 41

Edf. Pauli local 1

Fuengirola 29640

Malaga

Spain

Uk Free phone

0800 10 77 808

Phone: 0034 952 582 340

Fax: 0034 952 593 316

E-mail:

[email protected]

The development

The Tangier city apartments are in a busy residen-tial area of Tangier. Set on 6 floors, the building of-

fers excellent all year round rental potential. Construction of the apartments is at an advanced

stage with completion expected late summer 2007.

Features

Stunning architecture 20 minutes to the Airport City views City centre address Fitted Kitchens New Sports centre close by 20 minutes to golf Walking distance to the beach Underground parking Close to Tangier train Station

5 minutes walk to the popular Kasbah

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Tangier City Apartments

FREE

WEEKEND

VIEWING

TRIPS

Siroco Estates Exclusive

For Westerners, Morocco holds an immediate and enduring fascination. Though just an hour's ride on the ferry from Spain, it seems at once very far from Europe, with a culture that is almost wholly unfa-miliar. Throughout the country, despite the years of French and Spanish colonial rule and the presence of modern and cosmopolitan cities like Rabat and Casablanca, a more distant past constantly makes its presence felt. Fes, perhaps the most beautiful of all Arab cities, maintains a life still rooted in medieval times, when a Moroccan empire stretched from Senegal to northern Spain, while in the mountains of the Atlas and the Rif, it's still possible to draw up tribal maps of the Berber population. As a backdrop to all this, the country's physical make-up is also extraordinary: from a Mediterranean coast, through four mountain in ranges, to the empty sand and scrub of the Sahara. In recent years the worst of the hustlers have been cleared off the streets (anyone who visited in the early 1990s will be amazed at the change) and the unofficial guides you encounter are fewer and more discreet. Morocco is really an ideal place for independent travel. A week's hiking in the Atlas, a journey through the southern oases or into the pre-Sahara, or leisured strolls around Tangier, Fes or Marrakesh once you adapt to a different way of life, all your time will be well spent. It's also a safe and politically

stable country to visit: the death in 1999 of King Hassan II, the Arab world's longest serving leader, was followed by an easy transi-tion to his son, Mohammed VI. And it's diffi-cult for any traveller to go for long without running into Morocco's equally powerful tra-dition of hospitality, generosity and openness. This is a country people return to again and again. Tangier, Casablanca, Marrakesh... just the names of these cities stir a hint of spice in the nostrils. Morocco has been thoroughly mythologized and for good reason. Travellers extol the country's unique living history, its shimmering light and its extraordinary art.

Tangier is a city of northern Morocco with a population of 669,685 (2004 census). It lies on the North African coast at the western entrance to the Strait of Gibraltar where the Mediterranean meets the Atlantic Ocean off Cap spartel It is the capital of the Tangier-Tetouan Region. Currently the local authorities are spending vast amounts of money on improving areas of Tangier such as the Promenade, Public walkways and general infrastructure. This is clearly visible to anybody visiting the city.

Kabila Resort

This document has no contractual value

The development

Morocco

Spain

Morocco

Spain

Tangier City Apartments

Morocco

Tangier

View of Tangier Beach

The floor plans


The Tangier City Apartments

2 bedroom apartment number 61 … … … … ... 366,255 Dh ( € 32,848 @ 11.15 Dh/€ ) To reserve your apartment you will need to pay a HOLDING DEPOSIT of … … ...40,195 Dh ( €3,605 )

Plus a Handling Charge of 750 €

When you receive your contracts approximately 2 - 4 weeks later you will need to pay the following: 1) Agency Fees … … … ... ... ... … ... ... 51,736 Dh ( € 4.640 )

2) The balance of the 50 % Deposit … ... ... … … ... 142,932 Dh ( € 12,819 )

The remaining balance of 50% is payable on completion … … … … … 183,127 Dh ( € 16,424 )

All properties are sold in Dirhams. The euro price is a guide only as exchange rates can vary. A mortgage will be available - subject to status.

Proof of income will be required e.g. A P60 if you are employed or last year’s Tax Return for self-employed persons.

We will offer all clients the services of our panel of bilingual lawyers in Spain and Morocco who will assist with the completion of the purchase. Services available will include translation of the final purchase contract and accepting Power of Attorney from purchasers who do not wish to be present in Morocco to sign the title deeds on completion. The lawyers are specialists in con-veyancing of overseas property. Please note that there is no charge for legal services as provided by recommended lawyers.

All legal fees are included in the Agency fees.

Example of payment

Legalities

This document has no contractual value.

Extras

You will need to budget for an extra 5% in addition to the purchase price to cover Notarial, Property Registration fees and bank charges for arranging the mortgage.

Investment

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 in 2007.

Price list Tangier City Apartments


1 1 I 2 69 392.301,60 €35.184,00 2 1 I 3 89 467.229,60 €41.904,00 3 1 I 2 84 448.497,60 €40.224,00 4 1 II 3 93 482.215,20 €43.248,00 5 1 II 2 79 429.765,60 €38.544,00 6 1 II 3 90 470.976,00 €42.240,00 7 1 II 2 68 388.555,20 €34.848,00 8 1 III 3 90 470.976,00 €42.240,00 9 1 III 3 104 523.425,60 €46.944,00

10 1 III 2 68 388.555,20 €34.848,00 11 1 III 3 88 463.483,20 €41.568,00

12 1 III 2 78 426.019,20 €38.208,00 13 1 IV 3 100 508.440,00 €45.600,00 14 1 IV 3 97 497.200,80 €44.592,00 15 1 IV 2 69 392.301,60 €35.184,00 16 1 IV 2 92 478.468,80 €42.912,00 17 1 IV 2 89 467.229,60 €41.904,00 18 1 IV 3 95 489.708,00 €43.920,00

19 2 I 2 70 396.048,00 €35.520,00 20 2 I 3 89 467.229,60 €41.904,00 21 2 I 2 76 418.526,40 €37.536,00 22 2 II 3 93 482.215,20 €43.248,00 23 2 II 2 78 426.019,20 €38.208,00 24 2 II 3 90 470.976,00 €42.240,00 25 2 II 2 68 388.555,20 €34.848,00 26 2 III 3 79 429.765,60 €38.544,00 27 2 III 3 97 497.200,80 €44.592,00 28 2 III 2 68 388.555,20 €34.848,00 29 2 III 3 88 463.483,20 €41.568,00 30 2 III 2 78 426.019,20 €38.208,00 31 2 IV 3 96 493.454,40 €44.256,00 32 2 IV 3 89 467.229,60 €41.904,00 33 2 IV 2 69 392.301,60 €35.184,00 34 2 IV 2 92 478.468,80 €42.912,00

55 4 I 2 70 373.748,00 €33.520,00 56 4 I 3 89 444.929,60 €39.904,00 57 4 I 2 89 444.929,60 €39.904,00 58 4 II 3 76 396.226,40 €35.536,00 59 4 II 2 78 403.719,20 €36.208,00 60 4 II 3 90 448.676,00 €40.240,00 61 4 II 2 68 366.255,20 €32.848,00 62 4 III 3 79 407.465,60 €36.544,00 63 4 III 3 97 474.900,80 €42.592,00 64 4 III 2 68 366.255,20 €32.848,00 65 4 III 3 89 444.929,60 €39.904,00 66 4 III 2 78 403.719,20 €36.208,00 67 4 IV 3 96 471.154,40 €42.256,00 68 4 IV 3 89 444.929,60 €39.904,00 69 4 IV 2 69 370.001,60 €33.184,00 70 4 IV 2 92 456.168,80 €40.912,00 71 4 IV 2 78 403.719,20 €36.208,00 72 4 IV 3 95 467.408,00 €41.920,00

35 2 IV 2 78 426.019,20 €38.208,00 36 2 IV 3 95 489.708,00 €43.920,00

37 3 I 2 70 384.898,00 €34.520,00 38 3 I 3 89 456.079,60 €40.904,00 39 3 I 2 76 407.376,40 €36.536,00 40 3 II 3 93 471.065,20 €42.248,00 41 3 II 2 78 414.869,20 €37.208,00 42 3 II 3 90 459.826,00 €41.240,00 43 3 II 2 66 369.912,40 €33.176,00 44 3 III 3 79 418.615,60 €37.544,00 45 3 III 3 97 486.050,80 €43.592,00 46 3 III 2 68 377.405,20 €33.848,00 47 3 III 3 88 452.333,20 €40.568,00 48 3 III 2 78 414.869,20 €37.208,00 49 3 IV 3 96 482.304,40 €43.256,00 50 3 IV 3 89 456.079,60 €40.904,00 51 3 IV 2 69 381.151,60 €34.184,00 52 3 IV 2 92 467.318,80 €41.912,00 53 3 IV 2 78 414.869,20 €37.208,00 54 3 IV 3 85 441.094,00 €39.560,00

Third floor

Apt. Entrance Size Price € No. Floor Beds. Price Dh

First floor


Fourth floor


Second floor


Please note that at the time of print all properties in red were sold. This price list is for guide purposes only and should not be considered current and up to date. For up to date availability please contact a member of staff.

Inspection trips

At Siroco estates we offer a Wide range of different inspection trips.

Type one : clients living in Spain who have Paid a refundable deposit.

Type two : Clients living in Spain who have Not paid a refundable deposit.

Type three : Clients living in the UK who have Not paid a refundable deposit.

Type four : Clients living in the UK who have Paid a refundable deposit

We will arrange transport from our office in Fuengirola to view the development in Morocco, then you will be returned to our office in Spain

the same day.

( A long day )

We will arrange transport from our office in Fuengirola to see the development and later

provide one nights accommodation at a Tangier hotel. The following day your return

journey back to Fuengirola will also be catered for.

( Recommended )

Providing you land at either Malaga or Gibraltar airport before 10 in the morning. We will collect you from the airport and arrange transport to and from the development. Your

journey will end in Spain at either an airport or Costa del sol hotel of your choice.

( A very long day ) Providing you land at either Malaga or

Gibraltar airport before 10 in the morning. We will collect you from the airport and arrange

transport to the development and later provide one nights accommodation in a hotel. The

following day you will be returned to either an airport or Costa del sol hotel of your choice.

( Recommended )

Siroco estates inspection visits are based on two people travelling. If you require any help in booking flights or accommodation our staff will be more than pleased to assist you. If you find that these examples Don’t suit your needs then contact us for further assistance.


Tangier City Apartments[1]

Documents

Transcript of Tangier City Apartments[1]