Atlantic Magna luxury 2 bed apartment offered for Sale or rent on Tangiers Atlantic coast Kings Beach

Atlantic Magna 5 star luxury on the Kings beach Tangier

Atlantic Magna is located in the most prestigious and exclusive area of Tangier, close to Cape Spartel and the Caves of Hercules yet only 10 mins from the airport and 15 from Tangier Centre.
This large 2 bedroom 2 bathroom ground floor apartment sleeps 6 people and is finished with traditional Tadelakt walls and Travatino marble in the bathrooms. The finishing throughout is of exceptionally high qualities.
As a ground floor apartment you can walk out to the landscaped gardens and pools, yet still have magnificent views to the Atlantic.

Bathrooms are finished in wall to ceiling Travatino Marble

The apartment is available for rental short or long term from January 2009. The apartment is also offered for sale immediately.

Technical Specification:

2 bedrooms 2 Bathrooms (1 en suite)

Fitted kitchen, living room, dining area, tea room

Berber lounge - could be converted to 3rd bedroom with access to:

interior and exterior patios.

Build surface 120.60 m2

Terrace and interior patio 45.57 m2

24 hour gated security, underground parking, storage room.

Architects: Gonzales & Jacobson.

41,130 m2 site, 72 apartments of 2/3 bedrooms

Atlantic Magna is perched front line above the beach and only a pleasant stroll to the Caves of Hercules and the magnificent Mirage Hotel with a wonderful al fresco dining terrace and a colonial feel club house bar. The Mirage has 25 suites built into the cliff side and it really is a special place to enjoy a civilised lunch or sundowner or two.

Rental
The Apartment is managed by Jurgen and Farida the owners of La Tangerina Hotel in the Kasba of Tangier. La Tangerina handle all rental bookings and the day to day management of the apartment in the same profesional way they manage their excellent hotel.

The apartment will be furnished to the highest standards and available for rent from the 1st January 2009.

For bookings of less than & week a 2 night minimum applies.

Long Term Rental 2000/month min 6 month contract.

Prices in Euros

Per night/min 2 per week 2 Bed sleep 6: 220 night / 1400 week

Additional bed +20% taxes included

+20% High season (March April /July & August)

Offer: For Sale

This 2 bedroom ground floor apartment of 165 sq metres situated in the residential complex of Atlantic Magna, Tangier is due for completion in October 2008.

Price:

Reserve price range of 295,000 - 335,000+ depending on the progression from uncompleted property with private contract to furnished rental apartment with ongoing rental bookings. (Prior to completion developer guarenteed finance available up to 150k)

Please contact me through the reservations system if you are interested in purchasing the property for a price update and progress report.

Morocco
While most house buyers are initially drawn to Morocco for its cheap property prices and its low cost of living, it does not take them long for them to become enamoured by the country, which has since the Romans, charmed and fascinatedthose that land on its shores. In 1999, the new King Mohammed VI came into power vowing to modernize Morocco, strengthen civil libertiesand democratise the country. Foreigners are warmly welcomed and their are no restrictions on foreign investment.

Investment bullet points:
Tangier superport, Europe's biggest port managed by Maersk opens 2008.

The straits of Gibraltar tunnel from Tangier to Tarifa (Spain)

20 Bn USD Direct foreign investment into Tangier mainly from the Gulf countries.

Spain only 14 km and 35 minutes on the fast ferry.

Unspoilt Atlantic beach coast with glorious 300 days of sunshine

The region still in infancy.

Prices significantly cheaper than Spain.

Favourable tax regime. e.g no tax on rental income for 5 years. No IHT if passed on to a family
70% mortgage available subject to usual requirements

Only three hours flight from major UK airports

Open sky agreement signed therefore low cost airlines fly and cheaper fares

High Quality and Prices still affordable Property hot spot Fabulous Sports facilities, Golf Courses, Yachting, Tennis Clubs, Water skiing, Sailing, Scuba diving and Camel treks etc.

Luxurious life style at low cost For more information leave a comment with your email on this post and I will get back to you:

Tangier To Benefit From New High Speed Rail Link

In a move that is sure to have a positive effect on future prices of Tangier properties, Morocco’s state railway company are planning to invest millions of Euros in a new high speed rail network. Initially, the massive investment project will link the vibrant port city of Tangier to Casablanca which is a major centre for commerce and industry.

The vibrant port of Tangier is an investment hotspot for 2008

Work is scheduled to start this year on the new rail link. When complete prices of Tangier properties to expected to rise due to demand from wealthy citizens of Casablanca looking for second homes in the north of the country. It can be confidently expected that the high speed line will see greater numbers of visitors passing through Tangier’s ferry port, further adding to the local economy.

The company also envisage that the improved transport links to the rest of Morocco will encourage more international corporations to join the growing numbers of businesses locating in Tangier free zone, thus further fuelling the demand for quality new-build Tangier properties.

This is the first phase of a project costing 100 billion Moroccan Dirhams (10 billion Euros). The project aims to increase rail usage from its present level of 52 million passengers, to 133 million by 2030.

According to Morocco’s state railway company (ONCF) Director Strategy & Development, Azzedine El Amraoui, the new line is required to increase Morocco’s network capacity and tackle congestion on existing routes.

He went on to explain: “Building these lines for high speed operation will improve the network’s competitiveness and support the increasing demands for mobility in a sustainable way”. When complete, the 1500 km network would comprise two main corridors: The Atlantic route connecting Tanger, Casablanca and Marrakech with Agadir and Laâyoune, and the Maghreb line from Rabat to Fès, Oujda and potentially Alger. El Amraoui continued: “The new rail lines will improve links between the north and south of the country, encourage economic development and support the tourist industry, as well as facilitating international integration”.

Construction work on the Tangier – Casablanca section of line is expected to commence in the second quarter of 2009, with the first two sections of 320km route totalling 370km to be completed by 2015.
The introduction of a high speed line will cut the Casablanca - Tangier journey time from 5 hours to 2 hours 10 min. The new line is expected to handle 8 million passengers per year.

Thanks to Moroccan Sands for the article

Sight seeing in Tangier

Here is a small selection of some great things to do and see whilst in Tangiers.

The Forbes Museum.

Billionaire magazine publisher Malcolm Forbes built an entire museum out of toy soldiers in his former residence - the Mendob Palace. A collection of over 115,000 lead soldiers that are set up re-enacting major battle like Waterloo to Dien Bien Phû.
You'll see entire armies of tiny soldiers on guard in the showcases and in the gardens 600 statues bearing silent homage to the Battle of the Three Kings.


Cap Spartel

Located just outside Tangiers is the Lighthouse of Cap Spartel, a favourite viewing and picnic point, where you can sometimes see the extraordinary meeting of the Atlantic Ocean and Mediterranean Sea; one turquoise and the other one dark blue



The caves of Hercules.
Located just 14kms west of Tangiers is a place of stunning natural beauty and great archeological significance. This is where the mythical figure, Hercules rested after finishing his 12 labours.
Swimming here can be quite dangerous, the offshore currents can get very strong. If you're not a strong swimmer, it's best to stick to sunbathing or sightseeing.



Roman Ruins at Cotta.
A short distance from the caves you'll see the remains of an ancient Roman town that dates back to the 2nd and 3rd century. After extensive excavation, archeologists revealed several walled sections along with the layout of the Roman town. There are temples, shrines, Roman baths, oils presses and a courtyard where they used to process oil and other products in large vats.

Like many other ancient Roman sites on the coast of Morocco, Cotta specialized in the manufacture of a pungent anchovy paste called "Garrum". It was made from fish guts, but the Romans loved the stuff.