Ref: MORO00016

Gardens of Fedala

Location:

Marrakech

Development:

Gardens of Fedala, Marrakech

Developer track record:

Very strong. You can visit the development website on
http://www.jardins-de-fedala.com

Story:

Marrakech is a very hot property market with values rising rapidly.
Gardens of Fedala Marrakech is a mid-size, private tourist
development by an experienced French developer, and it is part of
a chain of luxury Gardens of Fedala resorts of Morocco. It comes
complete with a nine-year 7% net rental guarantee and a full
buyback guarantee - both underwritten by the insurance giant
AXA. The development is 100% turnkey, fully furnished, and
buyers receive two week’s accommodation each year for nine years
free as part of their package.

Type:

Residential

Number of units:

96 (24 units have been blocked by the developer.
There are 72 x 106m2 units available).

Price of units:

From €189,000 – includes all furnishings, white goods and a private
garden. A pool is optional.
Average price per m2:
€1,783m2

Discount to market:

A highly conservative 20% under market value.

Investment story:

High capital growth play plus guaranteed rental of 7%
for nine years.

Finance available:

30% deposit, 70% mortgage financing.

Exit strategy:

Hold as a cash-positive investment for the nine-year term of the
lease. Sell into a strong French, Spanish and UK buyer market.

Added extras:

• Nine-year rental guarantee at 7%
  (€13,230 per annum, €119,070 over nine years).
• 100% buyback guarantee.
• Both guarantees underwritten by AXA.
• Fully furnished units.
• Two weeks’ personal usage each year.
• Return flights for three years from any European capital.
• Free housekeeping during your stay for three years.
• Prepaid, one-off Fedala Gold payment card charged with €900.
• Numerous other extras - for more information, please read
  the full brochure.
• Launch date July 20, 2007

Please go to the following link for full brochure

http://217.8.241.10/links/c_group/Gardens_of_Fedala_Morocco_Cgroup.pdf 

(please copy and paste the link above into address bar to view brochure)

Reservation form

http://217.8.241.10/links/c_group/Gardens_of_Fedala_1_Reservation_Form_Cgroup_IPS.doc