陶樂園的家

Morocco property Boosted by Sustained Rental DemandEmaar Hospitality Group's home-grown 5 star premium hotel brand: The Address Hotels and Resorts signed its first rental management contract January 13 2009, with Azmi Abdelhadi (AAH) Group, a foremost Saudi Arabian business conglomerate. The contract is for The Address Hotels and Resorts to manage the Jnan Amar Retreat; a luxury 5 star mixed-use retreat hotel in Marrakech, including the dining facilities, meeting venues, leisure facilities and business lounge, as well as several luxury villas. This is a sure sign that the Moroccan holiday rental market is strong in spite of the global situation, according to one industry expert.

Frank Crowley, managing director of overseas property specialists Azure Overseas said:"When overseas property was at the crest of its boom, Morocco was one of the hottest emerging markets, and its emergence was being largely fuelled by rising tourism, the overseas property growth became so rapid that it took on a life of itself and the Moroccan economy grew massively on the back of massive growth in the construction and property sectors, on top of continued growth in the tourism industry. This contract confirms our stand-point, this growth didn't just stop, the credit-crunch simply dowsed it headlines wise, as everyone became scared to speak too positively about emerging overseas property markets."

Azure Overseas never lost faith in Morocco's property market and the investment opportunities therein. Right now Azure Overseas are the UK marketers of an off-plan apartment-hotel complex in Morocco's Costa Vista, on the sought after Cabo Dream golf-resort -- located on the Mediterranean coast between Ceuta and Tetouan. The initial release is of 88 1 bedroom units priced from 22,720.Being built in an elevated position the Cabo Dream Golf development will offer incredible and truly panoramic views of the Mediterranean, Cabo Negro Golf Course, over protected national parkland towards the snow-capped Rif Mountains and the magnificent Tetouan river valley.

Facilities in the Cabo Dream golf resort include swimming pools, tennis court, bar & restaurant and proximity to the 18 hole Royal Cabo Negro golf course. The Mediterranean climate will give Cabo Dream apartments all-year round rental potential, with existing owners reporting 95% occupancy in the summer months, meaning rental yields should be at least 6% and possibly as much as 10% per annum.

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