Why we chose Saidia
As the first of the Azur Plan projects we were confident that Mediterranea Saidia would offer the best opportunity to get in to an exceptional market early. With Morocco’s tourism strategy and Saidia’s low entry costs we felt our investors should not miss out.
We therefore carried out thorough research into the resort and looked at all the plots of land and permissions.
We are always cautious of non-freehold title land due to restrictive use clauses which damage the re-sale value of the properties and therefore ruled many plots out immediately.
We also looked at the three zones within the resort which are as follows:
1) Andalucian
2) Moroccan
3) Mediterranean
In our experience tenants and buyers alike tend to prefer a feeling of the country they are in to be reflected in the style of the properties this coupled with the delayed completion dates Zone 2 gave yet with a very central cushioned position helped narrow our search.
We were then left with a handful of plots and one developer stood out immediately by going with a fully-furnished luxury product with very competitive pricing.
We haven’t looked back and since launching the developments the prices have increased in line with the market by 15% giving our investors a return before completion of 100% on their original payment already! There is still plenty of capital growth to go and we are expecting the low cost airlines to make public their intention to fly direct to the resort in the near future.
To summarise:
- Morocco is in the top 10 Global hotspots
- Saidia is the 1st major golf resort in Morocco
- Saidia is the King’s plan linked to vision 2010
- Prices currently 50% of those on the Costa del Sol
- All year rental potential
- Low-cost airlines soon to announce flights
- 3 hours from the UK