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Excellent Opportunity to buy a distressed project in Marrakech: 850.000 Eur

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  • Excellent Opportunity to buy a distressed project in Marrakech: 850.000 Eur

    Excellent opportunity to acquire a 7ha project with 4600m2 of building from a distressed developer.

    The 60% completed project located Rte de Fez at 20km from Marrakech consists of 10 properties:

    10 villas of 550m2 built + 3 villas of 750m2 to 950m2 built.

    Extremely good payment terms (850.000 Eur cash injection immediately + 800.000 Eur deferred payment)

    Based on conservative sales prices of 650 Eur/m2 we are confident the project will generate a minimum profit of 1.000.000- Eur with a cash injection of 850.000- Eur.

    This makes a conservative Return of Investment of 118% over max 24 months.

    For further details contact:

    Christian at +212 0 661681993

    or
    christian(at)moroccoland.com
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