Morocco
El Oasis de Marrakech
Overview
El Oasis de Marrakech is brought to you by Dreamworld and renowned developers, Jet Sakane who have come together to design a truly stunning development at exceptional value.
El Oasis de Marrakech, a development of one and two bedroom apartments plus three bedroom duplex penthouses, is set adjacent to the aforementioned Palmeraie and just 10 minutes' from the vibrant Djemaa el Fna Square, the heartbeat of the Medina with its market traders, musicians and storytellers. Styled to reflect the historic splendour of the city in which it sits, El Oasis de Marrakech has been arranged in three communities with different design accents, namely Marrakchia, Andaloussia and Cherkia. With generous build sizes, each property has a telephone line, video entry, high-speed internet access, air conditioning, electric blinds, fully equipped kitchen, fireplace, marble flooring and allocated parking.
What make a Dreamworld Different?
- 25% Deposit 75% Loan to value
- 2 Years interest only mortgages on a 15 year term
- 2 Years mortgage paid by the developer for the investor
- 2 Years service changers paid by the developer
- 2 Years guaranteed net rental income at 3% per annum
- 2 weeks free usage per annum
- After the initial 2 year there is an option to renegotiate a rental program for a further 3 years.
With capital growth sitting at 20 to 25% per annum, as an investment opportunity, they don't get much better.
Morocco is now part of the EU 'Open Skies' regime thus opening the floodgates for the budget carriers. Passengers can choose between Ryan Air, Thomson Fly, EasyJet and Air Maroc's low-cost subsidiary, Atlas Blue, who cover the major UK Airports between them into Marrakech, Fez, Agadir and Casablanca. Morocco can also be accessed by water from the Spanish coastline on either high-speed catamarans or slightly more leisurely ferry crossings and a new 39km tunnel route under the water between Spain and Tangier should begin work shortly. Morocco shares the same time zone as the UK.
Morocco has seen great interest, in particular from northern Europeans; attracted by the fact that quality residential product is available just a few kilometres over the water from the Costa del Sol, but at a fraction of the price, with better weather and a lower cost of living. Capital appreciation is in double figures year-on-year and rental return is high as new hotel beds rush to keep apace with the rush of visitors. The stage is set for Morocco to become a stable, sophisticated holiday destination with property prices to suit and therefore it's best to participate earlier rather than later.
Location
Morocco enjoys a Mediterranean climate. Inland, temperatures are high in the summer and sometimes in excess of 40deg C (104deg F) and cool in the winter. Winter is the best time to see the desert and most of the south, while in the summer, it is ideal to trek up and explore the High Atlas mountains.
Marrakech, which is painted in salmon pink and is known as the red city or Al Hamra, also has the largest traditional souk (market). Enjoy the array of fried fish, meats and salads on the colourful stalls and Moroccan delicacies, such as lamb or beef stew with couscous, washed down with mint tea.
Travelling around Marrakech is fun in the canopied horse-drawn carriages, called Caleches. Many locals cycle, as the city is flat and open. It's an exhilarating experience to ride to the Menara or Agdal gardens or out on the Casablanca road, to the Palmery oasis circuit and back.
In May or June each year, in the grounds of El Badi Palace, the Festival National des Arts Populaires de Marrakech is held. The folklore festival of Moroccan music, theatre and dance draws performers from all over Morocco.
The resort is designed to provide three distinctive styles, the 'Marrakchia', the 'Andaloussia' and the 'Cherkia'. Each design reflecting the principal design influences found in this beautiful and exciting part of Morocco.
Project Facilities
- Green Spaces - More than 30% of the resort will be green landscaped areas specific to each design style.
- Pedestrian areas - The Resort will be connected by landscaped paths and walks.
- Swimming pools - There will beautifully designed swimming pools for communal use.
- Health Spa - The health Spa will have massage, sauna and wellness facilities.
- Health and Medical center - An on-site medical and health centre for residents.
- Shopping Centre - There will be a shopping centre and laundry facilities.
Reservation Process
- Stage One - Decide which property(ies) you wish to purchase.
- Stage Two - Fill in your reservation form and submit to Worldwide Frontiers with a certified copy of your passport, drivers licence and copies of 2 utility bills together with a payment of 6,500 euros.
- Stage Three - Dreamworld will refer your reservation details to the UK solicitors within 30 days to commence the procedures for exchange of contracts.
- Stage Four - You will sign the "Reservation Contract" and send it to the UK solicitor together with the exchange deposit (less the reservation fee).
- Stage Five - On completion you will sign the final contract and pay the balance purchase monies of 75% either in cash or by mortgage lending.
Price and Payment Terms
| Property Type | USD | EUR | GBP |
|---|---|---|---|
| 1 Bed Apartment Starting From | 175,000 | 133,000 | 89,250 |
| 2 Bed Apartment Starting From | 250,000 | 190,000 | 127,500 |
| 3 Bed Duplex Starting From | 500,000 | 380,000 | 255,000 |
PLEASE CONTACT US FOR PAYMENT TERMS
For Further information, please complete this form and we will get back to you.