Torre Miraflores, Tangier

The most eagerly awaited project in Tangiers. 89 quality apartments close to the beach and centre. Fantastically priced 1 and 2 bedroom apartments, many with sea views. High demand for these units, enquire to avoid disappointment.

Development features

·                                 89 units in a spectacularly designed glass building

·                                 Many units with sea views

·                                 Across the street from the beach and walking distance to the centre

·                                 Close to the newly planned pleasure port

Investment Reasons

·                                 Most eagerly awaited project in Tangiers

·                                 Tangiers is growing rapidly and is the focus of much inward investment

·                                 Miraflores Property Management will handle rental and maintenance

·                                 Extremely well priced from €55,000

Torre Miraflores is the next exciting project from IPP Global’s Moroccan partner, the highly regarded developer Miraflores. This development comprises 89 high quality units, (many with sea views) and is situated on the seafront promenade across the street from the beach and within walking distance to the centre of Tangiers. This has been a very eagerly awaited project following the enormous interest in the project Borj Miraflores. Torre Miraflores will offer the same high qualities and attention to detail that has become the hallmark of Miraflores. Miraflores have also become specialists in property management and maintenance and will offer this essential service to all clients.

The Development
Torre Miraflores is comprised of 89 units in a spectacularly designed glass building. The Miraflores brand is renowned for high quality construction and high attention to detail in all their projects. All Torre Miraflores apartments are designed with modern materials of the highest quality. We offer our selective clientele a framework of optimum comfort, a lifestyle of the highest standard.

·                                 2 underground floor of Garages

·                                 Many units with sea views

·                                 1 Floor of Commercial Shops (RDC – ground floor)

·                                 2 Floors of offices (floors 1 & 2)

·                                 12 floors of apartments (floors 3 to 14) – with 7 apartments on each floor: 4 of Two bedrooms & 3 of One bedroom

·                                 2 floors of large penthouse apartments (floor 15 & 16)

·                                 Location: In the area of New Centre, off the seafront promenade

·                                 All apartments types A, B, C & D have two bedrooms and have some sea-view up to floor 7, while from floor 8 up all have full sea views

·                                 Apartments types E, F & G has one bedroom and view to the green area of the complex

·                                 Apartments on floor 3 & 15 has terraces

·                                 Completion expected July 2010

Investing in Tangiers
Over the last three years Tangiers has experienced phenomenal growth. As the new King Mohammed VI seeks to position Morocco as a key tourist destination under the Plan Azur, Tangiers has been recognised as a key factor in achieving this goal. The progress can already be seen, a new pleasure port and marina is being built in Tangiers as are new conference centres and hotels. The train station has been completely modernised and a new railway line will connect Tangiers with the Mediterranean coast, building on the already established train route to Rabat, Casablanca and Marrakech. However its not just tourism that will drive the growth in Tangiers its also business. The new port, currently being built 30 minutes from the city will be one of the biggest in the Mediterranean and will eclipse its Spanish counterpart Algeciras not just in size but also in the quality of its new modern facilities.

Morocco has been attracting much interest from overseas buyers for the new tourist complexes and resorts, however the city of Tangiers and the project Torre Miraflores are attractive not only on a lifestyle level but also as a wise investment.

Payment Schedule

• UPON SIGNATURE OF THIS PROPERTY RESERVATION NOTE A DEPOSIT
  OF: 3000€
• the balance up to 25% (less deposit) upon signature of definitive
  purchase contract
• 25% within 8(eight) months of the date of the purchase contract
• 10% within 14 (fourteen) months of the date of the purchase contract
• 40% upon the key delivery of the property