Residence Adama
Photos

Status Active Listing
Type Development
Location  Marrakech
Country  Morocco
Sq.Ft  150
Price
(starting from)
 
Price on application
Property experts project an Annual rate of return of :
20.00%
the return on your investment in one year:
For further reading on "property market in Morocco" visit EMP Advisers website.

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The development is 4 ½ miles from Marrakech, located in a 37 acre estate referred to as BLED ZAMANE, comprising 20 custom built villas, a Boutique-Hotel and a farm.By 4 miles out of the city, you are in the countryside, surrounded by olive and palm trees and a view over the Atlas Mountains. This route connects directly to Avenue Mohamed VI, the chicest street in Marrakech, making it one of the quickest ways into the city. The Adama residence is set in a 6 acre estate. It is located 10 minutes from the airport and 5 minutes from the leading golf courses (Golf Royal, Golf d\'Amelkis, Golf Atlas Cherifa)

The Residence "Adama" is designed as a little hamlet, with a village square, private Arabic gardens, pedestrian streets and avenues, all designed in accordance with Moroccan architecture. The whole property is encircled by traditional walls and ramparts, to recreate the Medina feel.

Residence ADAMA comprises:

1 reception building (approximately 150 m2 (1,615 sq ft) floor area), including:

- reception

- administrative offices

- luggage area

- laundry

- and a restaurant opened out on to the gardens

2 shared swimming pools, starting from which the development is split into two distinct areas :

- a first area comprising:

- 10 artist studi

- 13 houses

and a second area comprising:

- 25 apartments

- 14 houses

A total of 62 units are intended for sale to individual investors. Management of the accommodation will be provided by a single operator, RESIDHOTEL Maroc, a subsidiary of the prestigious French chain RESIDHOTEL, for a fixed term of 11 years. The owners will receive 2 weeks occupation per year and a rental income of 5.5%
 
 
 
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