Marrakech

Marrakech is known for it’s warm, sunny climate, amazing crafts and arts, relaxed way of life and it proximity to all the major European cities (London, Paris and Milan are all 3 hours away by plane) Barely 7 km away from the central medina on one of the main routes into the city a new suburb of luxury houses and apartments is springing up. With unparalleled views of the snow capped Atlas Mountains and surrounded by greenery and olive groves this new development marries the best of both worlds.

Marrakesh is truly the city of entertainment in Morocco. In the center of Marrakesh is a square, Djemaa el fna, which is the operating point for entertainers like acrobats, drummers, dancers, pipe musicians, comedians and storytellers. There's plenty of choice for meals, including the spectacle of the Djemaa el Fna food stalls, many inexpensive cafe-restaurants and a number of up market palace-restaurants, which offer Morocco's traditional cuisine at its very best.

Marrakesh is Morocco's second largest city and its population continues to rise. It has a prosperous industrial area and is the most significant market and organizational centre of Southern Morocco. Marrakesh is not a place of many historical monuments and buildings, but its beauty lies in the atmosphere and the spectacular location. Marrakesh with the outstanding peaks of the Atlas expanding behind the city has very warm humid summers and shimmering white snowy winters. Marrakshis are well-known for their warmth and sociability, their humor and honesty.

Marrakech property and tourism

Morocco is serious about tourism as the country’s primary export for the future. The Moroccan Government has embarked on a national tourism strategy that aims to increase the number of foreign visitors from 2.2 million currently to 10 million by 2010. Under “Vision 2010”, the Moroccan Government has guaranteed to provide the necessary infrastructure to connect coastal resorts with the rest of the country and Europe by constructing 1,000 kms of new roads, increasing internal and international flights, and developing new regional airports. Morocco now has an ‘Open Skies’ flying agreement with the EU which means that cheap European flights are now available. As a result, the property market in Morocco is just starting to boom and provides an outstanding investment opportunity.

A vast move towards urbanisation is underway in the fast developing Red City and the Residence ADAMA project fits perfectly into this market. As it grows and focuses particularly on family holidays, the city is increasingly part of the European market, whilst still retaining the soul of its Medina and local craft industries.

The Development

The Route d’Amizmiz highway, also referred to as Route du Barrage, is the Red City’s only oasis, located along the main route between Marrakech and the Lake TAKERKOUST 21 miles) away. It is an increasingly popular location. The first 3 ½ miles runs through the Agdal tourist area (205 acres), and passes by the Royal Equestrian Club and the new "Oasiria" water park. Until the interchange with Route d’Asni, you are still in the urban area. This is the area in which the most recent large-scale property developments have been built, Les Parcs de l’Agdal, Domaine Samana with its 18-hole golf course, 4 and 5 star hotels and 400 villas.

The development is 4 ½ miles from Marrakech, located in a 37 acre estate referred to as BLED ZAMANE, comprising 20 custom built villas, a Boutique-Hotel and a farm.
By 4 miles out of the city, you are in the countryside, surrounded by olive and palm trees and a view over the Atlas Mountains. This route connects directly to Avenue Mohamed VI, the chicest street in Marrakech, making it one of the quickest ways into the city. The Adama residence is set in a 6 acre estate. It is located 10 minutes from the airport and 5 minutes from the leading golf courses (Golf Royal, Golf d'Amelkis, Golf Atlas Cherifa)

The Residence "Adama" is designed as a little hamlet, with a village square, private Arabic gardens, pedestrian streets and avenues, all designed in accordance with Moroccan architecture. The whole property is encircled by traditional walls and ramparts, to recreate the Medina feel.

Residence ADAMA comprises:

1 reception building (approximately 150 m2 (1,615 sq ft) floor area), including:
reception,
administrative offices,
luggage area,
laundry
and a restaurant opened out on to the gardens;

2 shared swimming pools, starting from which the development is split into two distinct areas :
a first area comprising:
-10 artist studios
-13 houses
and a second area comprising:
-25 apartments
-14 houses

A total of 62 units are intended for sale to individual investors. Management of the accommodation will be provided by a single operator, RESIDHOTEL Maroc, a subsidiary of the prestigious French chain RESIDHOTEL, for a fixed term of 11 years. The owners will receive 2 weeks occupation per year and a rental income of 5.5%

Advertiser contact details
Name: Your French Property
Email: Contact the Advertiser
Ad Ref: 119523