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Property for sale in Spain.
Property for sale in Spain.
Property for sale in Spain.

Property for sale in Spain.

New Builds and Off Plan - Morocco

Mediterrania Saïdia Resort
 
 
Location

The Mediterrania Saidia Resort is near Saidia - on the Mediterranean coast of northern Morocco, 60km from Melilla, Oujda and Nador, all of which have international airports Saidia is renowned for its beautiful, clean, sandy beaches and crystal-clear water.

It is a pleasant resort town with a 17th century fortress and a 19th century kasbah that makes a great base for excursions. The area is ideal for all types of watersports, with a lovely bay providing a safe place for sailing and is surrounded by a natural bird preserve of marsh and woodland.





The Resort


Mediterrania-Saïdia will undoubtedly be one of the most prestigious resorts in Morocco, and is ideal for investors ready to purchase in a new, up-and-coming area. Phase 1, including the first golf course, a 5-star hotel, the marina, all residential properties planned for this area, and part of the main commercial centre, is due for completion towards the end of 2006.

The whole project is forecast to be completed in 2010. Mediterrania Saidia will include:

• Apartments and villas
• Eight luxury hotels
• Commercial centre with shops, restaurants and cinemas
• Equestrian centre
• Thalassothermic spa facility
• Aqua park
• Gym and sports centres
• Three 18-hole golf courses 
• 740-berth marina






Apartments

These apartments are situated around the golf course and just minutes from the beach and marina. Each group of apartments designed in a Moroccan / Spanish style has attractively landscaped gardens and a communal swimming pool.

Various types of apartments to choose from :

2 bedroom     
Living space 92.80m2
Terrace/Garden 61.60m2

Prices from approx € 96,000



   
3 bedroom
Living space 109.55 to 136.30m2
Terrace/Garden 85.25 to 189.20m2

Prices from approx € 96,000





Luxury Detached Villas

These 3 bedroom villas are situated mainly front and second line to the golf course
Plots vary in size up to 1,000m2 allowing plenty of room for your own private swimming pool.

Two styles to choose from both with

• 3 bathrooms
• Extensive terracing
• Roof-top solarium.

3 bedrooms
Living space 253 to 281m2
Terrace / Garden 76.30 to 86.04m2
Plot sizes 720 to 810m2

Prices from approx € 275,750









Terms of Payment

How do I secure a property ?

An initial holding deposit of £ 2000 is all that is needed to secure a property for 21 days. This gives you time to visit the project or buy " site unseen ".

What is the payment structure ?

15% of the purchase price is payable on exchange of contracts, and a further 25% is split into 8 equal payments until completion. The final 60% is then paid either in cash or via a mortgage.

What extras should I expect to pay on top of the purchase price ?

You should budget for about 5% over the purchase price to cover :

Stamp duty : 2.5%
Legal fees : 1.1%
Notary fees : 0.5%
Land registry : 1.5 to 2%
Dispatch fees : About 500 DRh or € 30
Misc ( certificates ) : About 500 DRh or € 30



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