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El Oasis de Marrakech, Morocco

Marrakech property investment

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.

Dreamworld's exclusive El Oasis de Marrakech Resort is superbly situated only 10 minutes from the international airport and less than 10 minutes from three superb golf courses. Designed to reflect the historic city of Marrakech, the Resort has been split into three distinctive design styles, the 'Marrakchia', the 'Andaloussia' and the 'Cherkia'. Each of the three design styles reflects the principal design influences found in this beautiful and exciting part of Morocco.

The Resort sits between the majestic Atlas Mountains and the Sahara Desert and is minutes away from the bewitching charms of the ancient Medina and the enchanting Jemaa el Fna.

Dreamworld & Jet Group - A Unique Partnership

El Oasis de Marrakech development is the result of a unique partnership between Dreamworld and The Jet Group. The Jet Group are famous in Morocco for delivering outstanding quality developments in the best locations.

With industry-leading payment plans and flexible payment methods, Dreamworld is opening the door to buying the property you want, not merely the property you thought you could afford.

Location

Marrakech, the legendary and dramatic city lying at the foot of the High Atlas Mountains, is famous for it's souks (markets) where you can buy just about anything. Once a crossroads for caravans coming out of the Sahara Desert, Marrakech is a spicy mixture of Arab, African and European influences.

The Djemma el Fna is really the heart of Marrakech. It is a large central square in the old city (Medina) and during the day it's a perfect place to grab a freshly-squeezed orange juice and a handful of dates. At the end of the afternoon the Jemma el Fna transforms into an entertainers paradise - if you're in to snake charming, juggling, music and acrobats. Snack stalls are replaced with stalls offering more substantial fare and the square comes alive with entertainment that hasn't changed much since medieval times.

This North African city provides a taste of true Moroccan life that is worlds apart from the familiar, package holiday destinations of Tangier and Agadir. Marrakech, the fourth of Morocco's Imperial Cities, founded in 1062, is today the commercial centre for the High Atlas and the Moroccan Sahara.

Traditionally attired Muslim inhabitants seem almost untouched by western influence, as they go about their daily rituals; religious observance is part of the very fabric of life in Marrakech. People are friendly and welcoming and evidently proud of their cultural heritage. It is a common occurrence to offer visitors a glass of mint tea - a traditional custom and a token of friendship.

Designed to reflect the historic city of Marrakech, the resort has been split into three distinctive design styles, the 'Marrakchia', the 'Andaloussia' and the 'Cherkia'. Each of the three design styles reflects the principal design influences found in this beautiful and exciting part of Morocco.

Furniture packages will be available for the purchasers to choose from. Completion for the project is the July 2008, at which time the entire development will be completed.

Project Facilities

The El Oasis de Marrakech resort will have the following 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.
   

Investment Highlights

This unique opportunity offers investors a chance to purchase property within a five star luxury European standard development. El Oasis Marrakech is situated in an area of outstanding natural beauty and provides investors the potential of outstanding capital growth, and excellent rental returns.

All financial issues have been addressed to present this unique mortgage and financial package as follows:

• 25% deposit

• 75% on completion (mortgages available approx 5.5% interest)

• 10% guaranteed rental return for up to 3, 5 or 10 years

• Full bank guarantees and government VEFA

• Due for completion July 2008

Other investment facts

• Very central location just 10 mins from airport and Jemma el Fna square

• Right next to 3 major golf courses

• Rental at approx 85% occupancy in peak season

• 10 year build guarantee

• Currently the highest development in Marrakech

• 1 bedroom apartment from €119,350

• 2 bedroom apartment from €179,950

• 3 bedroom apartment (duplex) from €448,525

Reservation Process

Reservation fee €2800
Administration fee €2200
Total €5000

• Stage One - Decide which property(ies) you wish to purchase.

• Stage Two - Fill in your reservation form and submit to us with a certified copy of your passport, drivers licence and copies of 2 utility bills together with a payment of 2,200 euros.

• Stage Three - Dreamworld will forward the details to open your Moroccan bank account through a UK High Street bank and refer your reservation details to the UK solicitors to commence the procedures for exchange of contracts.

• Stage Four - You will sign the "Reservation Contract" and send it to the UK solicitor and transfer your 25% deposit from your UK bank account to your Moroccan bank account. Once the Exchange Contract and the Bank Guarantee have been issued to the Notary and also the UK lawyer (Fletcher Davies and BCP Solicitors) on your behalf from the Developer, the Notary in Morocco wil then release your deposit monies.

• Stage Five - On completion you will sign the final contract and pay the balance purchase monies of 75% plus any taxes or itemised expenses. If utilising a mortgage this will also be dealt with through Fletcher Davies and BCP Solicitors and their Notary in Morocco.