Kabila Marina , Colina Smir 1BD
CS001
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Morocco Golden Mile
With ocean views from the ground floor Colina Smir offers spectacular sights, swimming pools, 300 meter stroll to vast beaches, a tennis club, and children’s play areas.
Anything from Souvenir hunting in a labyrinth of Moroccan passage ways to slowing down the pace of life soaking in the sun all is well in paradise.
Show family and friends the joys of success, where sensible pricing ensures your peaceful investment
White sand beaches, luscious golf courses, and luxurious marinas are just some of the qualities surrounding Colina Smir.
Investing has found its reward nestled between a 5 star hotel, fresh fish restaurants, a therapy spa, tennis courts, and even a water park.
Bathe in the tropical weather where you can vacation year round, or escape to paradise in a matter of hours.
Two and three bedroom units are also available, featuring one or two bathrooms.
£72,279
[Estimated conversion of actual MAD1,011,905 price]
Type:
Built Property • Beds: 1 • Baths: 1 • Terraces: 1
Total Area: 72 m² • Terrace Area: 8 m²
Additional Information:
Where Is Colina Smir Located?
Behind Kabila Hotel and Marina, 20 minutes Southeast of Ceuta
What Range Of Housing Is Offered At Colina Smir?
All apartments, ranging from 1, 2 and 3 bedrooms and 1 and 2 bathrooms
What Is The Price Range For One Bedroom Units?
Varies according to location, views, square meters, terraces Between: £47,930 - £76,253
What Is The Size Range For One Bedroom Units?
72 m2 - 100 m2 including terrace with additional terrace space available on select units
What Sort Of Views Can I Expect?
Colina Smir has view of pool, Mediterranean, the mountains and Cabo Negro Point. It is elevated off the ground and from even ground floor apartments you have sea views.
What Are The Payment Terms For Purchasing?
Fully Refundable Holding Deposit: £2,000
Signed Contract: 40% deposit
Purchase Administration Fee: £2,000
Completion: 60% balance.
Closing fees: Approximately 5.5%.
When Can I Expect Colina Smir To Be Completed?
Summer 2008 for First Phase.
Did The Price Of The Apartment Increase?
Currency Fluctuation: This is a concern that some clients have expressed.
Firstly it is crucial to understand that all properties are purchased in MOROCCAN DIRHAMS NOT STERLING.
We only use a Sterling equivalent as a guideline and it is possible for the Pound to fluctuate against the Dirham.
The price in dirhams has never changed and it will never change.
We have intentionally used a conservative exchange rate calculation of 15.7 Dhirhams (MAD) to Pounds Sterling (GBP) for the holding deposit. This is done in order to protect clients from potential fluctuations that could leave clients with insufficient funding for reservation deposits.
Although this will result in a slightly higher payment for the Reservation Deposit, please note that this payment is made in the form of a "deposit" and, as such, it is credited to the purchasers account.
We have used the exchange rate of the day of contract in the past only to find that the exchange rate changed when the deposit hit Morocco which left the client with insufficient funds to complete the reservation deposit. Again the important thing to note is that the price is fixed in stone and any additional money paid with the reservation deposit is credited to the completion.
We utilize the same system with all of the developments that we sell in Morocco.
What Kind Of Rental Management Will Be In Place After The First Year?
Owner may utilize the services of the agency of their choice. We recommend our partner www.vista-rent.com
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