Every so often a new development comes along that matches the superlatives that often colour the language of estate agency; words such as stunning, incredible and unbeatable. In this case, the Al Houara Resort deserves such accolades, and much more.

The Developer

Currently under construction by Qatari Diar, the development arm of the Qatar Government. The $600 million Al Houara Resort is designed to be the most prestigious and stylish resort in Morocco. This world renowned development company have recently acquired the former barracks of the Household Cavalry in Chelsea and have ambitious developments in countries throughout the world. In Morocco they are intending to create a flagship resort that will confirm their status as the developers of the world's finest real estate projects.

For property investors, dealing with a company such as Qatari Diar, backed by the Government of Qatar, has many advantages. For a start there is virtually no prospect of them going bust! Furthermore, they are determined to build a project that shows the world what Qatar can do, so will spare no expense or effort to ensure this happens. The Al Houara Resort project is completely pre-financed and no client monies will be used in the construction - it will be place in an ESCROW account to safeguard buyers.

The Location

Situated on the magnificent stretch of coast that runs from Tangier to Asilah, the Al Houara Resort is certain to attract the most exclusive visitors to this privileged location. The project’s attractive design reflects the best of Moroccan architecture combined with a specification that incorporates all the comforts of 21st century living.

Investors should also note that we expect a major uplift in value when Tangier International Airport opens to more direct flights from the UK. A recent study estimated this capital uplift at around 30% for developments within 10 minutes travel time of an international airport.

Availability

There is a full range of properties available, from entry level one bedroom apartments through to luxurious six bedroom beach front palaces spread across the impressive 234 hectare site. (This equates to a build density of just 20% which is amongst the lowest in Morocco.)

Phase One – Beach: 52 beach villas, six beach palaces, 310 apartments

Villas

Four types are available. Priced between €2 and €3.5 million

Sizes: 500 – 735m2 (habitable) on large 2,000 - 3,500m2 plots with double garages

Palaces

€8.800.000 and upwards

Sizes: 1,774m2 on plots of 3,000m2

Apartments

One, two and three bedroomed - all with Atlantic views from €220,000

Sizes: Generously proportioned - all have allocated underground parking

Phase Two - Golf and Forest properties expected March/April 2008

Ownership Options

The developers are offering two ownership models:

Private: Full freehold to use as you wish. Or PURE, (Personal Use Rental Exchange) This innovative ownership model is offered in conjunction with Wyndham Worldwide's Registry Collection, the world's largest rental company with a database of over 9 million clients. Properties in this scheme are offered fully furnished and owners can exchange weeks in Al Houara for weeks in other Wyndham Resorts throughout the world.

Completion Date: August 2009

Finance and Payment Terms:

Option One:

€5,000 to reserve 20% down after 21 days (paid into an Escrow account) 30% at foundation level (after one year) 20% at roof stage 30% after two years on completion

Option Two:

€5,000 to reserve 20% down after 21 days (paid into an Escrow account) 10% after one year After this stage, financing is available from Moroccan Bank

Tangier is undergoing a period of rapid transformation, so much so that some experts have dubbed the city "the new Dubai" due to the fast rate of change and financial gains being realised by in-the-know property investors. Whilst these comparisons may be a little exaggerated, there is no denying that the combined influence of the huge new Med Port, the luxury marina, large inward investment and strong political backing are creating conditions in which Morocco property investors can reap attractive rewards.

Tangier Boulevard is perfectly positioned within the city to benefit from the new influx of wealth. The development is located within easy walking distance of the historic Souk, Kasbah and Medina; it is also close to the new prestigious yacht marina and the new commercial districts. Tangier Boulevard is an ideal location to live and to relish the vibrant new cosmopolitan Tangier lifestyle.

The 400 plus apartments are arranged around a central plaza which means they all have views either to the Mediterranean Sea or over the plaza and city. There are one, two and three bedroom units available, including some eye-catching duplex penthouses.

For purchasers interested in a buy-to-let investment, Tangier Boulevard stands apart from most properties in Tangier. Its central position and the fact that the project is guaranteed to be delivered in a single phase (June 2010), means that buyers will have a warranted schedule against which to plan their investment needs. Moreover, Tangier Boulevard is backed by a host of reputable companies from the fields of finance and construction.

Tangier Boulevard has been designed to appeal to a wide scope of rental clients; from holidaymakers and short-term business lets, to long-term residential and corporate lettings. Residential housing of western standard is still in relatively short supply in Tangier and whilst visitor numbers have risen substantially over recent years (43%), there has barely been any increase in hotel capacity. (Source: The Moroccan Tourist Authority, 2001-2007)

With the imminent arrival of the low-cost operators into Tangier International Airport fuelling further growth and wealth , Tangier is set to be one of the major Mediterranean investment hotspots for at least the next decade. Developments like Tangier Boulevard will give investors in Morocco property the chance to benefit from the ongoing economic expansion.

Completion Date: June 2010

Payment Terms: 20% - 10% - 70% (mortgages are available)

Prices From: £56,000, (€70,000 Euros)

Phase 1 Just Released - 10.01.2008

Tangiers has been waiting for a truly spectacular project to highlight its transformation from a forgotten outpost to the dynamic commerce orientated city it is today and we believe that this has arisen with the Tangier City Beach Apartments. What's more if you are interested in buying property in Morocco or property in Tangier then these apartments are extremely competitively priced per sqm and should be considered by any investor in Morocco.

This exclusive development comprises six residential towers, two office towers, a five star hotel and a shopping complex - all set around an artificial lake only 600m from the beachfront in Tangier. We expect this mixed use development will attract Tangier's burgeoning professional class as well as young couples looking for a first home.

One, two and three bedroom apartments available. With sea or lake views.

La Baie Panoramique is the home of your dreams. There is plenty to choose from with three bedroom apartments ranging in size from approx. 120 Sqm to 158 Sqm. Classic architectural style is matched with modern luxuries and the attention to detail that any discerning buyer would expect. Luxuriously finished, each home enjoys two bathrooms and imported quality kitchens.

Balconies, roof terraces and spectacular view complete the picture, whether they are of the Mediterranean Sea, Tangier Bay, the 'old' city or forest landscapes.

As a home owner you will have allocated parking and exclusive unlimited use to the private sports ground and swimming pool.

La Baie Panoramique is the perfect introduction to your new enviable lifestyle.

As central Tangier continues to expand there are pleasantly located districts to the west of the city that are becoming the places of choice for the new Tangier business elite and the increasing numbers of ex-pat professionals. Attracted by low-density Moroccan property projects, panoramic vistas and the proximity of the five star Movenpick Hotel's restaurant and Casino, the area has become the focus for premier villa developments in Tangier.

Foremost amongst these projects is Les Jardins de Malabata, a stylish development of 43 high specification architect designed villas benefitting from a privileged location above Tangier bay. Les Jardins de Malabata is set within the Ghandouri Tourist Complex: Ghandouri is a planned development area consisting of four and five star hotels, luxury spas, a new medina, a collection of riads, commercial property, restaurants and other leisure amenities including an open-air cinema. It is anticipated that the villas will always remain highly sought-after due to their unparalleled specification and fantastic location. Facilities in the villas include an individual swimming pool, hammam, jacuzzi, Moroccan steam room and gym area.

The three and four bedroom villas have balconies affording excellent views over Tangier city and the sea. There are very few residences offering this level quality and superb location in Tangiers. Interiors are fitted with high-spec kitchens and bathrooms that are befitting of houses of this quality. There is 24/7 on-site security; additionally, there are underground car parking spaces included in the purchase price. The project’s developer has a strong track record in Morocco having been responsible for developing some of the most stylish and successful areas of Marrakech.

In our opinion these villas would make luxurious primary residences in Tangier or be ideal upscale, buy-to-let investments for long or short term rental income.

Completion Date: Winter 2009

Payment Terms: 10% / 10% / 10% then 70% on completion which can be funded by a mortgage.

Prices From: £440,000 (€560,000 Euros)

Mortgages are available