Maha Beach Resort, Cabo Negro, Tetouan, Morocco
You would be forgiven for thinking that the current economic climate would deter many an investor from venturing into the overseas property market, however a surge of interest over the past 4 weeks has seen the Stately Investments summer seminar programme sell out in record time, and so too for the Cabo Negro’s Maha Beach Resort, having to pull forward the autumn release of investment units in order to satisfy the summer investment stampede.
“The property investment market here [Cabo Negro] is going from strength to strength” claims Dominic Daniels of Stately Investments, who have seen two blocks sell out in under two weeks during the first 10 days of August.
“Interest from IFA’s, eager to secure new investment opportunities for their clients, either as affirmative action to the ever closer Retail Distribution Review, or in direct response to the demands of their clients, fed up with domestic investments and uninspiring returns” It would appear that the doom and gloom of recession may actually be fuelling the fire to seek more profitable fresh adventurous alternatives to the uninteresting interest rates at home.
The seminar programme, aimed at introducing the group’s latest hotel investment opportunity is proving popular with financial advisors, who are eager to find safe and secure overseas investments a bit closer to home and with more European flavour for their clients. This newest offering is only 30 minutes by car from Europe, so for many its closer than their home is to their place of work!
Professional overseers are of the highest calibre, with the very backbone of the operation provided by probably the world leader in hotel and hospitality management.
Local interest has been extremely encouraging, and regular recent visits to the Maha Beach Spa Hotel’s adjacent Cabo Negro golf course by members of the Moroccan Royal family have done untold wonders for the project and the area from a press and TV coverage perspective.
Cabo Negro is already very popular with the well-to-do of Moroccan society, from Fez, Casablanca and the capital city of Rabat. The Royal Family traditionally spend summer in the Cabo Negro palace near to Tetouan.
“We have a unique and excellent investment product in a unique and highly sought after area”, continued Daniels, “ and it is not surprising to us that August has already been so busy in terms of sales. You just need to look around. The area has a real feel more like Monaco than Morocco.
Available dates for Stately investment seminars which provide full information on Maha Beach Spa Hotel & Suites at Royal Cabo Negro Golf can be obtained from the company website http://www.statelyinvest.com or by telephone +44 (0)845 193 2313
