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CURRENT INVESTMENT PROJECTS IN MARRAKECH, MOROCCO



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.