Marrakech Apartment
The picture shows the view from this fourth floor apartment, across newly planted gardens surrounding the communal swimming pool. The modest asking price includes all the furniture, and offers an outstanding investment opportunity for a pied-a-terre in this thriving city.
The apartment is fresh and bright, with all the essentials for comfortable living. The 50m² of habitable space comprises a living/dining room with a convertible sofa, a well fitted kitchen, double bedroom and a shower room. It is located on the on the Route de Safi, to the north-west of the city, and within easy reach of both the modern commercial centre and the ancient tourist attractions of Marrakech.
In the present economic climate, UK investors with a small lump sum are having difficulty in entering the property market. A conservative estimate for capital growth in Moroccan property is 15% per annum, with even higher values in Marrakech, where prices are rising rapidly. City apartments with pools are the most sought after for letting, and profit can be freely returned to British owners from convertible bank accounts, without penalty.