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Prices
One bedroom from: £90,000
Two bedroom from: £130,000
Three bedroom duplex penthouses from: £260,000
Payments:
- Reservation fee - 2,800 euros plus 2,200 euros administration
- 25% upon exchange of contracts (less 2,800 euros)
- 75% upon completion scheduled for March 2008
- 3% legal fees (paid 75% on exchange of contracts and 25% upon completion)
Mortgages:
- Apply six months prior to completion (status)
- Credit Salam http://www.cih.co.ma/, a Moroccan credit institution listed on the Casablanca Stock Exchange with 100 branches and
1,400 employees
- 75% LTV, interest only
- Minimum two years, maximum 15 years
- Maximum age 65 on the date of maturity of the loan
- A land registry fee of 1% is charged for registering a mortgage at the land registry
- Mortgage paid by developer for first two years
Free plasma TV fitted in apartments for every purchase before 31 May '07
100% freehold
VAT inc.
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