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15 July 2008

Simplyzigzag presents Morrocan investment opportunity

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by Gill Montia

Simplyzigzag presents Morrocan investment opportunity

Online property firm,, has announced that it has become the exclusive online supplier for the Tafedna Bay Golf & Spa development, in Morocco.

The development is based around an international sports arena at Tafedna, which is located on the country’s west coast, 40km south of Essaouiria and 80km north of Agadir.

The site will include tournament standard sports and leisure facilities; a 150 berth marina and water sports centre; six five-star hotels plus restaurants, retail and commercial centres.

Properties range from one bed apartments to five-bed villas with pool and garden.

According to Achim Amann, director of, Tafedna Bay is a unique concept which rivals any resort worldwide and represents one of the leading buy-to-let investment opportunities in 2008; on completion, the development is providing a 6% guaranteed rental return for the first two years.

Prior to the project’s launch during the second half of this year, investors can avail themselves of a Founder Member deal which requires a 15% deposit to secure a property, with nothing further to pay until completion.

The discounted off-plan prices range from €95,000 for a one-bed villa apartment (deposit: €16,800), to €435,000 for a three-bed Villa (Deposit: €76,800).

Morocco aims to make tourism the country’s largest export and increase the number of its annual visitors to 10 million by 2010.

The country currently offers property prices up to 50% below those of other European resorts, low property taxes and a flexible mortgages market.

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