Merchants have often inspired confidence in their products by offering money-back guarantee. "Return the product to us in their original state within 30 days and we will be fully reimbursed ..." But what about a property? And what is not 30 days later, but nine years later? The concept seems doubtful, but incredibly developer of the gardens of Fedala in Marrakesh are prepared to do just that, and throw in a 7% Net rental guarantee for the same period. What's more, world-renowned financial protection company, AXA Group, supported both.
Gardens of Fedala is a Moroccan-style sanctuary of a resort interrupted by orange trees, olive trees and rose gardens only 15 minutes from Marrakech's international airport. The two bedroom riads and three bedroom duplex are fully furnished down to the last teaspoon and operated by a club house, health centre, restaurant, bar, swimming pool and a small boutique hotel with sauna and hammam. Private plunge pools are an optional extra, and the completion of the entire system is expected in mid-2009. Already impressed? Read how undoubtedly the transaction makers, the financial guarantees.
Adam Cornwell, CEO of GEM Estates explains: "The French developers behind the gardens of Fedala place their faith in their product and in Morocco as a target in the same way by offering a number of assurances for buyers. Prices in the city of Marrakesh agreements 18% below market value so you immediately locked-in capital and two other reasons, we simply can not lose your money. Firstly, a 7% per year net rental guarantee for nine years by AXA. This represents an income of about 13000 euros per year, after costs, and if you have a 70% mortgage option, the rental guarantee should mean that your property will pay for itself. "
Adam continued, "Secondly, a 100% buy-back guarantee, also supported by AXA is in place for a long nine years. Healthy income and capital growth can be expected, almost a given, taking into account the effects already being felt by Vision 2010, but if you want to sell at any point, you're guaranteed to the price you have paid in full. In the event of a surge in the market, how unlikely it is, AXA is the shortfall so that your full purchase price reduction is guaranteed. Both benefits, guaranteed rent and buy-back, are fully transferable to the new owner should you happen to sell at any time within the nine years. Like other freebies developer of a free return flight for two per year for the first three years, free financial management for the same period and the personal use free of charge for two weeks per year, without the rental guarantee. This is an investment no-brainer. "
A few hours south in the chill-cum-resort town Mirleft Fishing is a sister city gardens of Fedala characterized by fragrant rose beds and green meadows. In the developer inimitable style of this fully equipped villas directly on the beach with ocean views protected and the same number of amenities from a restaurant to small boutique hotel also pay for itself in a princely fashion. Prices 27% below the market value of the two and three bedroom villas with private pools optional come with the same 7% per year net rental guarantee for nine years, supported by AXA, which should comfortably cover mortgage repayments - even at 70% LTV . The project also Mirleft, you guessed it, the gift of a free flight for two per year and budget for the first three years after completion in June 2009 and two weeks personal use without adverse impact on the rental guarantee. The benefits are transferable to the new owner for the sale within nine years.
Rates Gardens Fedala in Marrakesh from 189000 euros for two bedrooms Riads and 249000 euros for three-bedroom duplex. 70% LTV status mortgages are available from the developer with interest currently at 6.6%.
Rates Gardens Fedala in Mirleft launch of 149000 euros for a villa with two bedrooms and 169000 euro for a period of three bedrooms. 70% LTV status mortgages are available from the developer with interest currently at 6.6%.
Gardens of Fedala is a Moroccan-style sanctuary of a resort interrupted by orange trees, olive trees and rose gardens only 15 minutes from Marrakech's international airport. The two bedroom riads and three bedroom duplex are fully furnished down to the last teaspoon and operated by a club house, health centre, restaurant, bar, swimming pool and a small boutique hotel with sauna and hammam. Private plunge pools are an optional extra, and the completion of the entire system is expected in mid-2009. Already impressed? Read how undoubtedly the transaction makers, the financial guarantees.
Adam Cornwell, CEO of GEM Estates explains: "The French developers behind the gardens of Fedala place their faith in their product and in Morocco as a target in the same way by offering a number of assurances for buyers. Prices in the city of Marrakesh agreements 18% below market value so you immediately locked-in capital and two other reasons, we simply can not lose your money. Firstly, a 7% per year net rental guarantee for nine years by AXA. This represents an income of about 13000 euros per year, after costs, and if you have a 70% mortgage option, the rental guarantee should mean that your property will pay for itself. "
Adam continued, "Secondly, a 100% buy-back guarantee, also supported by AXA is in place for a long nine years. Healthy income and capital growth can be expected, almost a given, taking into account the effects already being felt by Vision 2010, but if you want to sell at any point, you're guaranteed to the price you have paid in full. In the event of a surge in the market, how unlikely it is, AXA is the shortfall so that your full purchase price reduction is guaranteed. Both benefits, guaranteed rent and buy-back, are fully transferable to the new owner should you happen to sell at any time within the nine years. Like other freebies developer of a free return flight for two per year for the first three years, free financial management for the same period and the personal use free of charge for two weeks per year, without the rental guarantee. This is an investment no-brainer. "
A few hours south in the chill-cum-resort town Mirleft Fishing is a sister city gardens of Fedala characterized by fragrant rose beds and green meadows. In the developer inimitable style of this fully equipped villas directly on the beach with ocean views protected and the same number of amenities from a restaurant to small boutique hotel also pay for itself in a princely fashion. Prices 27% below the market value of the two and three bedroom villas with private pools optional come with the same 7% per year net rental guarantee for nine years, supported by AXA, which should comfortably cover mortgage repayments - even at 70% LTV . The project also Mirleft, you guessed it, the gift of a free flight for two per year and budget for the first three years after completion in June 2009 and two weeks personal use without adverse impact on the rental guarantee. The benefits are transferable to the new owner for the sale within nine years.
Rates Gardens Fedala in Marrakesh from 189000 euros for two bedrooms Riads and 249000 euros for three-bedroom duplex. 70% LTV status mortgages are available from the developer with interest currently at 6.6%.
Rates Gardens Fedala in Mirleft launch of 149000 euros for a villa with two bedrooms and 169000 euro for a period of three bedrooms. 70% LTV status mortgages are available from the developer with interest currently at 6.6%.
No comments:
Post a Comment