The Greens Apartments
The Greens is an exciting new development situated within the spectacular AZD Plan resort of Mediterrania Saidia. The area of Saidia has been an attractive holiday destination for many years, boasting a stunning sandy beach over 29 miles long and a warm, sunny climate all year round.The Greens development offers a range of golf front apartments built to a high specification by FADESA, Europe's leading developer in the second home market, and offering a choice of quality interior design packages as well as plasma TV entertainment as standard.
The resort on which the apartments are situated features a wide range of sports and leisure facilities, including 3 golf courses, tennis courts, football and athletics stadia, and an aqua park and spa, all of which are available to residents of The Greens. The apartments are freehold, have no rental restrictions and are fully bank guaranteed.
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The Greens Apartments - Ideal For Holiday Makers
The range of leisure activities on offer is extensive, so whether you are looking for uninterrupted relaxation or something a little more energetic, there is certain to be something to suit your tastes. The resort also boasts an 850 berth marina, numerous restaurants, bars and designer shops as well as a hospital, night club and bowling alley. In addition there is 24 hour security and check in on site.
The Greens Apartments - Ideal For Golfers
Golf is the ideal pursuit for enjoying Morocco's endless sunshine and breathtaking scenery. Three 18-hole Championship golf courses are centrally featured around The Greens apartments providing a challenge to players of all levels of ability. Spread over 210 hectares, the golf courses are surrounded by flourishing natural vegetation and magnificent views of the beach and hotel.These Championship golf courses are due to be the setting for the Moroccan Open in 2008, and with FADESA close to announcing a very famous signature against the golf courses, there is a lot of excitement surrounding the course-side properties. Residents are offered a 50% reduction in golf membership for all three courses which includes full use of all clubhouse facilities including the Caddy Master.
The Greens Apartments - Ideal For Investors
Morocco is currently a property hotspot with annual increases of up to 30%. With flight times of just 3 hours from the UK and the 'Open Skies' agreement set to open the country to all the low cost airlines from 2007, the planned increase in tourist numbers looks set to be in line with King Mohammed VI's objective to increase visitor numbers fivefold by 2010.The tax breaks on property investment in Morocco are extremely generous with no rental tax for 5 years, no inheritance tax if the property is passed to a family member and initial capital gains tax rates of just 20% and no capital gains tax payable after 10 years ownership. The Mediterranean Saidia resort has a rental management company on site giving the investor every opportunity of maximising rental occupancy.
With exciting future developments such as the planned tunnel to Gibraltor (construction planned to start in 2008) and a new airport and port, the possibility of significant capital appreciation is very real with an apartment in The Greens development.
- Moroccan property increasing by up to 30% a year
- Just 3 hours flying time from the UK
- 'Open Skies' agreement will open the country to all low cost airlines in 2007
- Tourist numbers set to increase fivefold by 2010
- No rental tax for 5 years
- No inheritance tax
- 20% maximum capital gains tax
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