More villas and apartments for sale in Morocco

Not everyone wants to buy and restore a traditional riad in Morocco. For some, Morocco is simply a great place to have a villa or appartment where the family can holiday and the rest of the year it can be let out.

For people seeking this more modern lifestyle, a British website Property News is reporting that detailed plans are expected to be unveiled soon for what has been dubbed Morocco’s Golden Mile - the beachfront development Alcudia Smir near Kabila on Morocco's Mediterranean coast. Alcudia Smir is located 45 minutes by road from Tangier International Airport, midway between the coastal towns of Fnideq - a small typically Moroccan town with fishing activities and eating areas - and M’diq. This is already a bustling area for tourists, due to its location between the Rif mountains and a stunning beach.

The View from Fez understands that more than 2000 villas and apartments in one, two and three bedroom configurations will be on offer and well as leisure facilities and a hotel.

According to Property News, "The resort, a mixture of residential and touristic apartments, penthouses and villas, pre-installed for air-conditioning, will benefit from a commercial centre with shops, bars and restaurants as well as the facilities of the resort hotel."

Alcudia Smir has golf courses and marinas within easy reach. It will also have easy access to the new Mediterranean port close to Ceuta, the Spanish enclave.

The development of Alcudia Smir is being undertaken by FADESA, Spain’s second largest developer which is also behind Morocco’s first Plan D’Azur resort at Mediterrania-Sadia. FADESA, which has a reputation for building quality properties in Morocco at affordable prices, has just pre-launched the new resort.

Prices are expected to rise as the resort progresses, reports Gerry Jones of Newbury-based Saffron Villas Ltd, the UK’s leading Morocco property specialist which has been appointed to sell the properties. They are expected to appeal both to second-home buyers and investors.

Currently off-plan prices start at €75,000 for a 48 sq m one-bedroom apartment, rising to €112,000 for a three-bedroom home with a floor area of 87 sq m.


Tags: Morocco Fes, Maghreb news