Properties in Morocco
Location and Developer
Alcudia Smir is a fantastic residential development created by one of the Spain’s most established and respected developers. It is located on Morocco’s most popular coast line, often called Morocco’s Golden Mile.
The development is situated on the Mediterranean coast 20 km from Tetouan and 50 km from Tangier. The location is of a particular importance due to the close proximity of the Straits of Gibraltar and Spain (Costa del Sol). Not to forget, that the development is set alongside several 4 and 5* hotels in a well established tourist resort. This should attract those, who are looking for a very good investment opportunity.
All the apartments on the first phase of this development were fully reserved prior to launch at the end of last year (October 2006). However, our contact has managed to secure units from that phase from a large investor exclusively for our clients. The developers have already released phase 2.
Prices in the region along the coast range from 1400 to 1900 euros/m2 with the newest developments at almost 2000 euros/m2. We offer Alcudia Smir at a price range between 980 euros and 1280 euros/m2 making this an extremely appealing investment option. As a second resident or holiday home the location is one of the most exclusive in the whole of morocco, where the rich and famous of the country comes to relax.
The Location - Morocco’s 'Golden Mile'
Halfway between the local town M’Diq and the Spanish enclave of Ceuta on a beautiful stretch of unspoiled beach lays Marina Smir, the most exclusive tourist region in the country. Morocco’s King Mohammed VI and other Royals have holiday homes here, in addition to many affluent families from around the world.
Making the area surrounding Alcudia Smir sought after and chic.
In Spain, FADESA is a very well recognized developer listed on the Madrid stock exchange. With over 30 years development experience in mainland and coastal Spain, the Balearics, the Canary Islands, Germany, Portugal, Hungary, Poland, France, the UK, Ireland and Morocco, the Euro billion company enjoys an enviable reputation for excellence and is now the leading second home builder in Europe.
One of the advantages of a FADESA development is their start-to-finish approach. They manage the entire
operation internally from identifying land for development, through planning and architectural design to construction and after-sales.
We have a strong working relationship with Fadesa, giving us the ability to use our resources on the behalf of the customer.
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