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Hot Property- Limited Availability

Real Miraflores

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Real Miraflores, Tangiers

Development Features
Luxury apart-hotel project in Central Tangiers
72 top quality 1-bedroom apartments
Inc: Indoor Pool, Jacuzzi, Steam Bath, Sauna, Gym
Café and covered terraces in building
Prices start from €77,545 (£58,000 approx)

Tangiers is considered to be one of the prime areas for investment in the Mediterranean region. A city that is developing one of the most impressive and modern ports in the world in addition to new conference facilities, infrastructure, and a pleasure port, Tangiers is most certainly a city on the move. However the city is lacking hotel space and this is what makes Real Miraflores such a tempting property investment.

The Project

Real Miraflores is a luxurious new apart-hotel project in the centre of Tangiers. This project is being constructed and managed by one of the most respected developers in the area.

The project offers an extremely attractive 10% NET guaranteed rental yield for 3 years while the owner has use of the apartment up to four weeks in the year. Owners can sell at anytime and make full profit derived from the capital appreciation.

The development includes 72 one bedroom apartments on nine floors with various choices of design layout and size with a competitive furniture package, while the ground floor is dedicated exclusively for a residence concierge, a complete spa with indoor swimming pool, Jacuzzi, steam bath, sauna, gym as well as a trendy café style food and beverage service with covered terraces.

A Hassle-Free Property Investment

Owners have a luxurious vacation home in a premier location while they benefit from the expected substantial property price appreciation. This is in addition to the obvious advantages from annual rental revenue which clearly helps off-set any costs of ownership.

The Real Miraflores development has excellent features and services that enhance the appeal to potential buyers as well as future renters. Services include reception, housekeeping and other facilities and amenities.

Miraflores offer hassle-free vacation home ownership. The on-site management company takes care of all upkeep and maintenance as well as interaction with guests.

Owners of Real Miraflores apartments have the right to resell their apartment at any time and make the full profit from derived appreciation, thus Miraflores rental program combine vacation home ownership together with maximum investment potential.

Real Miraflores is situated in the heart of the city of Tangiers within minutes walk of the beach and all city centre amenities and facilities.

Tangiers is a city currently being reborn. Massive Government and private investment of over $8 billion is flowing into the city with strong political backing. Tangiers has been recognised as a key factor in achieving this goal. A new state of the art pleasure port is being built at a cost of $2 billion and will create 100,000 jobs. New motorways serving the city are also being constructed in addition to a new high speed train link to Marrakech and Casablanca. A new marina and new conference centres and hotels are also works in progress, so everything points to a bright economic future for Tangier.

Furniture Package

The owners are required to furnish their apartment in accordance to a quality standard set by the Miraflores management company. Miraflores provides a complete furniture pack at a very competitive fix price, thus providing the owners the saving benefit of bulk purchase as well as allowing the management company to hold standardized stock for any eventual replacement due to damage. Please ask for details.

Prices & Payment Details

Prices from €77,544* (£58,000 approx.) with 3 year 10% rental guarantee.

Reservation €3,000 (approx £2300)
Pre-contract signing 25% minus reservation deposit
8 months later 25%
14 months later 25%
Title deeds & key delivery (completion)25%

Development Features:

  • Country: Morocco
  • Region: Tangiers
  • Location: Torre Miraflores
  • Type: Apartments
  • Size: 1 or 2 bedrooms
  • Units: 89
  • Price: £37,478 to £280,510

Reasons To Invest:

  • 10%Guaranteed Rental Yield
  • Annual capital appreciation of 20% expected
  • Tangiers is growing rapidly
  • Close to port, beach and Tangiers’ centre
  • On-site property management company
Site images:

Torre Miraflores 2, Tangiers

Torre Miraflores 2, Tangiers

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