STAGE PAYMENT MORTGAGES AVAILABLE!
Prices are from 3,164,000 MAD for a detached luxury 3 bedroom villa. The townhouses are from 2,712,000 MAD

A fully managed 51 villa development, with 3 bedroom villas built in traditional courtyard style with the benefits of open plan living. All villas have the latest mod cons, plus their own pool and terrace surrounded by secluded gardens.

Breathtaking views of the Atlas Mountains
Located just 15 minutes from the centre of Marrakech, lathe villas have fabulous views across to the Atlas mountains. It's also within close proximately to the famous Djamaa El Fna square, a UNESCO World heritage site.

Facilities
The development has a bar, restaurant, well equipped gymnasium, hammam (traditional steam room), communal pool and tennis courts. In addition, preferential green rates have been negotiated with world famous golf courses nearby.

Payment Terms
£2000 on reservation (fully refundable)
20% deposit 21days after reservation
20% on foundation (signing of compre de vente)
20% on walls  (approximately January 2008)
20% on Roof  (approximately March 2008)
10% on Fixtures  & Fittings  (approximately June 2008)
10% on completion/keys (approximately September)

Mortgages
Stage Payment Option
On the stage payment mortgage you only pay the interest on the stage payments. Once the villa is complete then the mortgage will become interest and repayment. Your payments will be approx 10,000 euros per year on a 25 year term. Your villa will rent out for 1500 euros per week minus a 20% rental management fee.

Bank : Bank Populaire: The largest Moroccan bank.
LTV (VAT): 14% on the payments
Term 1: under 7 years: 4.85%
Term 2: over 7 years : 5.25%