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Morocco Property Investment Specialist

Morocco Property Specialist

Morocco Property Report

Airport Road Link to Mediterrania Saidia Now Open

Posted in Property News by Colin Timms Monday June 30, 2008

In news that bodes well for Saidia property investors, Moroccan Sands can report that the eagerly awaited direct road link from Oujda International Airport to the spectacular Mediterrania Saidia resort development has now been completed.

Improved transport links for Saidia property owners

The final 10 km section of this impressive dual carriageway is now open to traffic even though the Moroccan authorities have yet to announce the official opening.

The new direct link means that motorists will no longer have to pass through Saidia town to reach the resort area, effectively shaving 15 minutes from the journey time which had previously taken at least 50 minutes.

Work started on the multi-million dollar link road around 2 years ago as part of planned improvement and upgrading of Morocco’s transport infrastructure. The millions of dollars being invested in new road, rail and air links is a direct result of the King of Morocco, Mohamed VI’s “Vision 2010” initiative which aims to boost visitor numbers from 2 million (in 2001), to 10 million a year by 2010, at the same time, creating 600,000 tourist sector jobs.

Meanwhile, building work to construct a new terminal at Oujda International Airport has just commenced and Moroccan state rail operator, (ONCF) have recently announced a new high speed rail link to be built between Oujda and Fez, further opening up eastern Morocco to the rest of the country.

Michael Kent, Managing Director of Morocco property specialists Moroccans Sands commented: “The completion of the final section of road means that journey times from the airport at Oujda to the Saidia resort will be substantially cut.

He added: “This is yet more good news for investors in Saidia property and comes on the back of recent reports of increased building activity within the Saidia development”.

Saidia Property Project in Full Swing

Posted in Property News by Colin Timms Friday June 27, 2008

The most senior investment specialist at Moroccan Sands has just returned from one of his frequent trips to Morocco with good news for buyers of Saidia property.

Saidia property picture update, taken – June 2008

After spending several days touring Saidia and surrounding areas, sourcing new developments and checking progress on our existing property projects, he reports that construction work within the massive Saidia property development zone is progressing faster than ever.

Earlier this year, there had been a few concerns that building work was being concentrated on improving Saidia town to the detriment of construction work in nearby Mediterrania Saidia. Moroccan Sands has learned that ruler of Morocco, King Mohamed VI, who is the driving force behind Mediterrania Saidia and the other “Plan Azur” projects, has visited the site regularly over the past few months and this appears to be one of the main reasons for the renewed efforts to finish the project on time.

Meanwhile, as mentioned in an earlier report, the Rezidor Hotel Group has just announced that they are launching the Radisson Resort & Spa Saïdia. The Radisson Resort is a joint initiative between Rezidor and Property Logic, who are the developer behind Le Jardin de Fleur resorts in Morocco.

Another snippet of news that will be welcomed by investors of Saidia property is the continuing interest in Saidia by top English Premiership footballers; in addition to at least two top Manchester United players, Chelsea’s John Terry is reported to have bought a villa, and we have it on good authority that several more high-profile footballers are planning to invest in Saidia properties. We will let you know more as soon as the news becomes official.

Developer of Le Jardin de Fleur Announces Radisson Resort & Spa Saidia

Posted in Property News by Michael Kent Wednesday June 18, 2008

Radisson Hotels & Resorts, part of the Rezidor Hotel Group, with over 330 hotels in operation and under development with more than 68,000 rooms in 53 countries, has selected the beautiful new destination of Saïdia for its first entry into the Moroccan property market.

Villas du Soleil: Great Saidia Properties

In a joint partnership with Property Logic, the developer of Le Jardin de Fleur Resorts Morocco, the Radisson Resort & Spa Saïdia will manage 384 rooms and 97 villas, scheduled to complete in 2010. “With this signing we are adding a new and emerging country to our pipeline and are now present in 53 countries across EMEA”, comments Kurt Ritter, President & CEO of Rezidor. “In the Middle East and Africa we now have 47 hotels with almost 11,500 rooms in operation and under development – a clear sign for our commitment to this region.”

Located along six kilometers of idyllic beaches on the north-east Mediterranean coast of Morocco, Radisson Resort & Spa Saïdia will comprise pool villas and residences (2 to 3 bedrooms) and luxury sea view suites (1 to 2 bedrooms). In addition, the Radisson resort will offer collectively 4 restaurants, bars, a 1,500 sq m Moroccan themed spa and thalasso centre, 5 outdoor pools, 1 indoor pool, 2 fitness centres, a kid’s club, shops, tennis courts, an amphitheatre, a beach club and 1,500 square metres of meeting and conference facilities – making an ideal year round destination ideal for business and leisure travellers.

Saidia property Investment opportunities are currently on offer in the Radisson Resort & Spa under leaseback agreements managed by Le Jardin de Fleur. Owners benefit from generous usage of the resort in addition to peace of mind as their property works hard for them in generating excellent return on investment through annual rental income and capital appreciation.

Le Jardin de Fleur is the brand name behind the eleven most luxurious developments within the Mediterrania Saïdia property project – the first of six government backed coastal resorts that form part of the Moroccan Government’s Plan Azur tourism strategy to bring 10 million annual visitors to the country by 2010. The 7 million sq m master plan will feature a 6 km beach promenade, a 1000 berth marina, three 18 hole golf courses and numerous restaurants, shops and exclusive beach clubs.

It is expected that Le Jardin de Fleur will announce further hotel partnerships for its other resorts within the Saïdia over the coming months.

“Our objective is to provide a unique and pleasurable experience to owners and guests and our strategy is based on selecting only the best hotel partners to provide the high levels of service and quality that these resorts demand. Radisson, with its international experience and reputation for quality, shares our vision to create a world class tourism destination in Saïdia,” said Sean Cusack, Managing Director of Le Jardin de Fleur Resorts.

Significant investment has been injected into the development of the infrastructure, roads and surroundings of Saïdia, in addition to substantial expansion of nearby Oujda International Airport (40 km) which is expected to provide capacity for numerous chartered and scheduled airline routes over the next two years. Saidia property owners will be able to enjoy the nearby tourist attractions including the Figuig desert oasis and the imperial city of Fez, while Saïdia offers a 17th century Kasbah, traditional Moroccan restaurants and annual summer music festival.

Moroccan Sands feature some magnificent Saidia properties within Le Jardins de Fleur; including Les Grandes Villas from: £463.114,34 (GBP) and Villas du Soleil from: £254.602,32 (GBP)

Morocco Has More Blue Flag Beaches Than Canada!

Posted in Property News by Colin Timms Tuesday June 17, 2008

A headline that may be hard to believe, but it is absolutely true. Morocco has 13 beaches whose water quality levels satisfy the exacting standards set by the Blue Flag Programme. Meanwhile, Canada can only manage 12 Blue Flag beaches.

One Of Morocco’s World-Beating Beaches

Coveted Blue Flag awards are given to beaches that meet high water quality standards; to get an award, a beach must also have access for the disabled and various waste management and environmental procedures in place.

Here’s how the programme is explained on the Blue Flag website:

The Blue Flag works towards sustainable development at beaches/marinas through strict criteria dealing with water quality, environmental education and information, environmental management, and safety and other services.”

The run-down of statistics from the Blue Flag website might raise a few more eyebrows:

A snapshot of countries with Blue Flag beaches

Morocco 13

Canada 12

New Zealand 2

Jamaica 3

The Dominican Republic 4

Bulgaria 9

Bahamas 0

There are several Blue Flag beaches in the Casablanca area, Agadir also has a Blue Flag beach and there is a Blue Flag beach in Tangier. Additionally, there are currently two Blue Flag beaches on Morocco’s Mediterranean coastline at Fnideq and M’Diq.

Moroccan Sands has properties for sale in Morocco which are close to some of the award winning beaches. For example, Tangier properties such as Tangier Boulevard, Les Jardins de Malabata and the Emaar Tinja development are within easy reach of Blue Flag beaches.

M’Diq and Fnideq Blue Flag beaches are close to some of Moroccan Sands’ best Med Coast Moroccan properties; Cabo Dream Golf, Colina Smir and The Views are all situated nearby.

Tangier To Benefit From New High Speed Rail Link

Posted in Property News by Colin Timms Monday June 9, 2008

In a move that is sure to have a positive effect on future prices of Tangier properties, Morocco’s state railway company are planning to invest millions of Euros in a new high speed rail network. Initially, the massive investment project will link the vibrant port city of Tangier to Casablanca which is a major centre for commerce and industry.

Tangier: Well Connected.

Work is scheduled to start this year on the new rail link. When complete, Moroccan Sands expects prices of Tangier properties to increase due to demand from wealthy citizens of Casablanca looking for second homes in the north of the country. It can be confidently expected that the high speed line will see greater numbers of visitors passing through Tangier’s ferry port, further adding to the local economy.

The company also envisage that the improved transport links to the rest of Morocco will encourage more international corporations to join the growing numbers of businesses locating in Tangiers free zone, thus further fuelling the demand for quality new-build Tangier properties.

This is the first phase of a project costing 100 billion Moroccan Dirhams (10 billion Euros). The project aims to increase rail usage from its present level of 52 million passengers, to 133 million by 2030.

According to Morocco’s state railway company (ONCF) Director Strategy & Development, Azzedine El Amraoui, the new line is required to increase Morocco’s network capacity and tackle congestion on existing routes.

He went on to explain: “Building these lines for high speed operation will improve the network’s competiveness and support the increasing demands for mobility in a sustainable way”. When complete, the 1500 km network would comprise two main corridors: The Atlantic route connecting Tanger, Casablanca and Marrakech with Agadir and Laâyoune, and the Maghreb line from Rabat to Fès, Oujda and potentially Alger. El Amraoui continued: “The new rail lines will improve links between the north and south of the country, encourage economic development and support the tourist industry, as well as facilitating international integration”.

Construction work on the Tangier – Casablanca section of line is expected to commence in the second quarter of 2009, with the first two sections of 320km route totalling 370km to be completed by 2015.
The introduction of a high speed line will cut the Casablanca – Tangier journey time from 5 hours to 2 hours 10 min. The new line is expected to handle 8 million passengers per year.

Are Marrakech Properties A Safer Bet?

Posted in Property News by Colin Timms Wednesday June 4, 2008

Moroccan Sands has learned that online poker operator, are offering their membership a chance to fly to Marrakech for the (One Million Euro) Marrakesh Open Poker Tournament which takes place later this month.

Marrakech Properties: A Great Deal Better

To qualify for the draw, players need to accumulate enough frequent player points. The lucky winners will get an all expenses paid trip this beguiling city which is regarded by many as the jewel in Morocco’s tourism crown.

For those who like a flutter, where better to indulge their passion for poker… Although it is hoped that those fortunate gamblers travelling to Morocco will find time to leave their smoke-clouded poker tables and explore this magnificent old city. With its sultry courtyard gardens, bustling souks and lively marketplaces, anyone not allowing sufficient time to absorb Marrakech’s heady atmosphere, however much they win, is indeed a loser!

After taking in the delights of Marrakech, the high rollers might want to consider a far surer way to make their money work for them, namely, investing in Marrakech properties! It’s true that international property investing may not have the “glamour” associated with tournament poker, but as many investors in Marrakesh properties have discovered, the rewards can be equally great but without the risks associated with the turn of a playing card.

Tom Browning of Moroccan Sands commented: “Poker might offer a way for a lucky few to get rich quick but investing in Marrakech properties is a far safer way to secure future capital growth”. He added: “Superb centrally located Marrakech apartments such as Les Terraces de Gueliz are where I would place my stake money”.

Marrakech the Final Resting Place of French Fashion Legend

Posted in Property News by Colin Timms Tuesday June 3, 2008

Yves Saint Laurent (August 1, 1936 _June 1, 2008 ), the French fashion designer who died on Sunday, was considered one of the foremost figures in French fashion in the 20th century. For many, he was the most influential designer of the past twenty-five years.

The legendary designer had a long association with Morocco which started when he first visited the country in the 1960’s. His fondness for Morocco was confirmed in th mid-eighties when he purchased an elegant Marrakech property and beauftiful surrounding gardens known as Majorelle

Marrakech: Final Resting Place

The son of a wealthy insurance company boss, Yves Saint Laurent was born in Oran, Algeria. He is said to have inherited his fashion sense from his mother. He left home at 17 to work for the French designer Christian Dior. Following Dior’s death in 1957, Yves, then aged 21, was charged with saving the House of Dior from financial disaster; this he achieved with great style and aplomb.

Not long after he was conscripted to serve in the French Army during the Algerian War of Independence. Within 3 weeks, he found the stress of army life too much and subsequently suffered a nervous breakdown, the first of many that were to bedevil his life.

In 1962, after recovering from his breakdown he was released from Dior so decided start his own label “YSL” which was financed by his companion, Pierre Bergé. During the 1960’s and 1970’s, YSL popularized many of the existing fashion trends. In 1966, Saint Laurent promoted ready-to-wear styles which he hoped would democratize fashion, making it available to all. With the skilful use of celebrity endorsements from some of the leading names in film and entertainment, he succeeded in making the YSL brand increasingly popular amongst the European jet-set and wealthy socialites.

In 1983, he became the first ever living fashion designer to be honoured by the Metropolitan Museum of Art. In 2001, he was awarded the rank of Commander of the Légion d’Honneur by the then French president Jacques Chirac.

When he retired from control of the company, Saint Laurent spent much of his time at Majorelle, his museum-like Marrakech property,. The house obviously had a big impact on him, so much so that it is understood that his ashes are to be placed in a vault in the stylish and elegant gardens which is a fitting resting place for one of the giants of 20th Century fashion.