Churchill Innovative Solutions

Churchill Innovative Solutions
Office Suite H, The Innovation Centre, St Cross Business Park, Monks Brook, Newport, Isle of Wight, PO30 5WB

http://www.cisoverseas.com
Apartment - For Sale - Fes, Fes-Boulemane, Morocco
Ref: chu232 Prices From €33,029
   
Sunset Apartments  
Fes, Fes-Boulemane, Morocco
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  • Mountain Views
  • Communal Swimming Pool
  • Mortgage Available (subject to status)
  • 1, 2 and 3 bedroom apartments available
  • Bedrooms: 1, Bathrooms: 1

    * The development will consist of 84 apartments distributed between 4 blocks.
    * Low rise blocks of only 3 stories
    * 1, 2 and 3 bedroom apartments available
    * Two communal swimming pools will be on site
    * The community will be gated.
    * Some ground floor apartments to have private gardens.
    * Roof top terraces on the penthouse apartments.


    Fez is the cultural and spiritual centre of Morocco, the oldest of the three imperial cities. The main attraction in this ancient city is the medieval Medina with it’s countless bazaars and shops. The more modern part of the city is known as Ville Nouvelle, and has a decidedly French influence. A visit to the souks will undoubtedly lead to a stopover at Fez's famous tanneries where one of the oldest arts in Morocco, and the world, is practiced to produce the soft leather that has been sought after for centuries.
    The best vantage point over the ancient walled city, which lies at the eastern end of the plain of Saiss, bordered by the foothills of the Atlas Mountains, is from the ruined Merenid tombs on a hilltop. From here it is possible to view the skyline, and to pick out some of the magnificent palaces, green-roofed holy places and the Karaouine Mosque, all hemmed in by workshops and tenements, souks and squares.
    Exotic Fez is a city steeped in culture and history, Fez really is the true Morocco.


    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.

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    Exchange rates 1 MAD = 0.13017 $ 1 MAD = 0.06644 £ 1 MAD = 0.08809 €
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