PROJECT 2
The project is located in L’hivernage, the most sought after residential
district in Marrakech, only a few minutes walk from the Mohammed VI
Boulevard, close to banks and luxury hotels.
PROJECT TYPE
6 floors (ground floor commercial + 5 floors residential)
PLOT SIZE
1267m2
LAND COST
48,146,000Dhs (€4,184,901)
BUILD COST
43,719,102Dhs (€3,801,000)
ESTIMATED PURCHASE COSTS (15%)
13,779,765Dhs (€1,197,885)
These include notary, architects, licenses, taxes, agent fees etc.
TOTAL PROJECT COST
105,644,867Dhs (€9,183,786)
PROPERTY OUTLOOK FOR THE NEXT 5 YEARS
15% - 30% growth per annum
(All figures stated above are estimates)
** Purchase and sales prices subject to 20% TVA (VAT)
*** Euro figures are approximate and will vary depending on exchange
rates.