Asilah Beach Resort

2 bedroom 2 bathroom from £68,900 2 bedroom Penthouse from £92,200 Located just 20 minutes drive south of Tangier International Airport. Stunning views, Beachfront resort. Work already started. Call for payment and mortgage details. Perfect for a rental income.

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Description
One can arrive at Tangiers airport by direct flight from one of a number of airports or alternatively (and considerably cheaper) fly into Malaga or Gibraltar and take the inexpensive ferry (around £40 return) from Algeciras or Tarifa to Tangiers. A brand new motorway accesses Asilah from Tangiers in around 30 minutes – or take the longer and more scenic coastal route. There are plenty of taxis to make the trip from Tangiers - or hire a car. There is also a bus and train service if required.

Asilah is an elegant coastal town with a rich history and a population of around 20,000. First impressions are of the wonderful ramparts and turrets built by the Portuguese in the 1500’s. There are wide avenues and a pretty palm-lined seafront boulevard, here can be found some of the towns best restaurants – many operated by Spanish owners. Casa Garcia, Casa Pepe and Al Kasabah are among the better known, all serve superb fish and shellfish dishes at a fraction of prices at home. There are plenty of little cafes to choose from plus a discothèque at the Hotel al Khaima.

The Medina or old quarter has ancient but well kept blue and white houses. Little shops with friendly shopkeepers sell a variety of Moroccan handicrafts. Every facility is available in Asilah including banks, chemists, church, numerous hotels with bars open to non-residents and a hospital.The fishing port is a pleasant place for a stroll and there are plans for a yacht Marina.

The Mayor of Asilah is also the Moroccan ambassador to the USA and during the late 1970’s this forward thinking gentle man inaugurated an annual summer Arts Festival attended by musicians, painters, poets and writers from all over the world.

The financial impact of both tourism and the Arts Festival has transformed Asilah and the town is now extremely clean and prosperous. Evidence of this appeal are signs on houses in the Medina 'This house not for sale'!!North of Asilah town the resort will occupy acres of prime oceanfront land. The land is accessed by the main coastal road linking Asilah to Tangier.

The development will comprise over 300 low-rise apartments and penthouses all with direct access to miles of Virgin golden beaches.

There will be green zones with park-like areas, lawns, palm trees and flower borders. On-site facilities will include swimming pools, café/bar plus a mini-market, gymnasium and water sports hire centre ASILAH BEACH RESORT will be a gated community with 24 hour security. Due to the importance of the development it is envisaged that the local authority may install a police post and Red Cross medical centre.

A free bus service to and from Asilah town will be available to purchasers at ASILAH Beach Resort. Golfers will be pleased to know that the 18 hole par 70 Tangier Golf Course can be reached in under 30 minutes from Asliah, expect to pay around £15 a round.

INVESTMENT
Morocco is a kingdom and his Royal Highness King Mohamed VI has indicated that one of the principal economic sectors he wishes to promote in Morocco is tourism. His aim is to have 10 million tourists annually visit Morocco by 2010. This ambitious project which includes hotel and road construction, improvement of infrastructure etc. will inevitably have a significant effect on property prices in prime tourist areas.

Purchasers at the ASILAH BEACH RESORT with its ocean front location and diversity of on-site leisure facilities plus its proximity to the Airport and a charming Moroccan town will benefit considerably in terms of escalating property prices as the tourist boom filters through the economy.

A Mediterranean type climate and lifestyle, less than 3 hours flying time and with property prices a fraction of those in nearby Spain (just 9 miles away) – it’s difficult to see how those with investment in mind can go wrong here!!

Those looking for rental income won’t be disappointed. High season rates often reach £100 per night. The ASILAH Beach Resort will have an on-site rental and management office which will offer a complete range of services.

The Moroccan government is keen to encourage foreign property owners and offer the following incentives to purchasers.No rental tax for the 1st 5 years of ownershipNo capital gains tax if the profit is below £40,000 - 20% thereafter.After 10 years ownership capital gains tax is nil.No inheritance tax if property passes to a family memberFull repatriation of funds if a property is sold.

Features:

• SWIMMING POOLS.
• LANDSCAPED GARDENS.
• ON-SITE CAFÉ/BAR AND MINI MARKET.
• GATED COMMUNITY WITH 24 HOUR SECURITY.
• RENTAL AND MANAGEMENT OFFICE.
• FREE BUS SERVICE TO AND FROM ASILAH TOWN.
• GYMNASIUM.
• WATER SPORTS CENTRE WITH JET SKI, KAYAK AND PEDALO HIRE.

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Please call for more information or if you want to put in an offer on these properties

01782 711513