Jawhara Smir

Location:

Tetouan area behind Marina Smir, 20 minutes southeast of Ceuta

Description:

Astounding bargain-priced development of 2 bedroom, 1 bathroom apartments and penthouses directly behind “Marina Smir”, Morocco’s equivalent to Puerto Banus. All amenities are nearby and the beach is just a stone’s throw away. Already completed and perfect investment for a quick return on rental income.

• Top Quality Construction
• Two Residents’ Swimming Pools
• Prestigious Location near to the beach & marina
• Excellent Investment Potential
• Gated Community with 24 hour security
• Basement Parking
• Children’s play area
• On-site Restaurant & Supermarket

Price:

2B – Ranging From 793,800 Dirham (estimated 49,000 GBP based on a 16.2 exchange rate) to 858,600 Dirham (estimated 53,000 GBP GBP based on a 16.2 exchange rate)

Type: Apartments

Beds: 2 & 3 bedrooms

Baths: 1 - 2 bathrooms

Size: 71m- 119m; Terrace: 9m - 20m

Views:

Pool, Sea, Mountains, Cabo Negro Point

Foundations and Structure:

• All buildings with reinforced concrete.
• Supporting pillars constructed with reinforced concrete

Flooring and Tiling:

• Spanish Ceramic floor tiles.
• Ceramic tiling on kitchen and bathroom walls

Exterior:

• Andalusian/Mediterranean style

Window and Doors:

• Quality aluminum windows made by Greenson

Interior Carpentry:

• Interior doors will have varnished Iroco wooden paneling
• Wardrobes will be fitted to bedrooms according to plans
• Security Type solid Iroco wooden front door.

Kitchen:

• Iroco wooden cabinets
• Electrical appliances including Teka or Fagor Hob

Electrical:

• Full installation to current regulations

Plumbing and Sanitary Ware:

• PVC Piping throughout. All drains made of PVC

Interior:

• Plastered walls and ceilings, interiors gloss paint, Varnished interior window frames

Various:

• Basement Parking
• Community Pool with Children’s Play area
• On-site Restaurant
• On-site Supermarket
• Gated community with 24 hour security

Payment terms:

Reservation: Fully Refundable Holding Deposit 2000GBP

Signed Contract: 40% deposit and 1800 GBP Purchase Administration Fee

Completion: 60% balance and approximately 5.5% closing fees.

Completion date:

Phase 2: Summer 2006 – already completed; Phase 3 to follow