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Old 13-08-07, 09:25 PM   #1 (permalink)
investingary
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Expected Rental Yields

Also, I’m looking at an apartment in one of the Azur resorts, but am a little concerned about the rental potential. Can someone tell me, what sort of rental yields I can expect on this resort type property?
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Old 13-08-07, 09:35 PM   #2 (permalink)
c4thy
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Re: Expected Rental Yields

It is expected that good rental yields are very likely to be achieved from all these new luxury resort type projects. I have been looking at various sites and reports and it seems that the rental income achieved from peak season months alone (Jun to Sept) based on a 2bed apartment costing around €100,000 is expected to be around €2,000 per month.

With the current statistic of 85% rental occupancy during high season and the number of tourists set to grow faster than the amount of available accommodation, this figure is expected to grow to create even higher demand for property – Hopefully, this will have a knock on affect and increase rental prices, which will be even better for us owners
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Old 17-09-07, 07:15 AM   #3 (permalink)
octanorm
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Re: Expected Rental Yields

The rental profit of a resort on the coast is not so high as in Marrakech. Because on the coast you have not 12 months tourist in Marrakech you have a high season from end september to beginning june and june, july et august is not soo bad. In marrakech the climat is good all the year and is dry and not humid as on the coast , you have only july august who is too hot. Marrakech is consider by the morocoon rich peoples (from Casablanca and Rabat) as the Zoute from Belgium , or St Tropez or Marbella. With the new highway they coming for the week end in Marrakech. Also all the European residents are living in Marrakech (Gueliz), also you have activities all year round , you have big events like Festival International du film. For all this reasons the renting price for a luxury villa is high for example a villa with 4 rooms and hotel service (with 2 personnel) you pay 1000-€ per day ...it means 250-€ for a double room (this is not more than the price in a lxe hotel) . I have a friend who rent is villa 150 days a year at 1000-€ per day and he is not reallly making big publicity ....looking to www.villasofmorocco and looking to the prices
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Old 15-11-07, 07:15 PM   #4 (permalink)
fkdev
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Re: Expected Rental Yields

Quote:
Originally Posted by investingary View Post
Also, I’m looking at an apartment in one of the Azur resorts, but am a little concerned about the rental potential. Can someone tell me, what sort of rental yields I can expect on this resort type property?
Hi,
Few Vacation villas are still available on Saidia Med which is one of the Azur program. This kind of villa allow you 2 options: either use it a yearlong for yourself or whenever you can
Or option 2:
* 3% return in the 1st year (Minimum).
* 4% return in the 2nd year (Minimum).
* Year 3 will go into pool with other owners of complex and the profits will be shared.
They are Front line golf tourist villa accommodation which is just 700m from the beach. Prices start from 133,000€. Fully furnished units.
This option will avoid any empty period and will give you the opportunity of a guaranteed rental income at the beginning. You can sell your Villa anytime you want and you can benefit from the value increase which is very high.
If you are interested in these villas, don't hesitate to contact me
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