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ALCUDIA SMIR
The resort-Alcudia Smir
Alcudia Smir is a flagship resort development close by Marina Smir being dubbed the new Puerto Banus, with stunning views across the Mediterranean to Spain on one side and the towering Atlas Mountains on the other. Set in the midst of landscaped gardens, with numerous swimming pools, leisure amenities and just a moment’s stroll from the beach, Alcudia Smir is truly a jewel in the crown of this golden coastline. Among the resort’s many features and amenities are:
. Direct, private access to beach & beach bars
. Beach front Promenade with walks to nearby towns Findiq, Marina Smir and M’Diq
. Potential sports & Spa facilities on site
. Picturesque swimming Pools set in tropical landscaped gardens
. Private, exclusive gated resort with 24/7 security
.Commercial Centre with shops, restaurants, bars & other facilities
. 4 Star Hotel with restaurants & bars
. Royal Cabo Negro Golf Course 30 mins away
. New golf course being built adjacent to Alcudia Smir
. Water Park 8 mins from resort
APARTMENTS
The developers have already confirmed that phase two of the project will be launched within the next two or three months with an increase of at least 30% on the original prices. Therefore, investors purchasing any of these units now will see an instant capital growth of around 15% on their investment. All apartments are designed and constructed to the highest specifications and feature fully fitted kitchens, air conditioning, kitchen hob, oven, washing machine & dishwasher, plus a tiled and Stucco finished bathroom.
The location-Morocco’s “Golden Mile”
Halfway between local town M’Diq and the Spanish enclave of Ceuta on a seemingly endless stretch of unspoiled beach lays Marina Smir, the most exclusive tourist region in the country. Morocco’s King Mohammed VI and the Saudi Royal Family have holiday homes here, in addition to many affluent families residing mainly in Middle East, France and Spain. Making the area surrounding Alcudia Smir sought after and superior.
The Developer
The developer of Alcudia Smir is a prestigious international developer with 30 years experience, for that reason they able to provide confidence to buyers. Additionally Alcudia Smir comes with a full bank certified guarantee.
Why Choose Alcudia Smir?
• The close proximity to the Tangier Royal Golf Club and the Royal Golf Club of Cabo Negro, make it a popular region, also it is positioned in close distance to both Tetouan (currently being renovated, due to be completed by the end of 2007) and Tangier airports and hydrofoil ports in Tangiers.
‘Ryanair’s commitment to establish up to 20 routes and carry close to one million passengers per annum on flights to Morocco’ – source: www.ryanair.com
• The new Tetouan Free Port – similar to Emaar’s Dubai Marina project, scheduled for completion in 2007.
• Major road building projects in the region, including upgrading Tangiers-Tetouan coastal motorway.
Morocco’s tourism industry is already booming, and is poised to really take off as the vision 2010 plans come to fruition – within the landscape the area surrounding Alcudia Smir, known as the Golden Mile will undoubtedly stand out as the most exclusive area, most advantageously placed, and most profitable of all regions.
The Properties: (examples of sizes and price)
2 bed apt 78 sq m approx. £80.000
3 bed apt 92 sq m approx. £98.000
Payment Terms
• Reservation fee: € 3,000 (or £2.000) (takes property off the market and secures the price)
• Deposit: 10% (less initial reservation fee) within 1 month from date of reservation
• Stages:
18% in three months
8% stage 1
8% stage 2
Final stage: 56% on completion or mortgage.
• Stamp duty, Lawyers fees, Notary fees, Land registry: Approximately 7% of purchase price
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