As the UK grapples with Brexit, L’Amandier in Morocco has emerged as a haven for international property purchasers seeking investments outside of the EU and sales in sterling. Now also marks the final chance to buy as it’s announced that only four villas remain for sale. Achieving significantly higher GDP growth than the UK in 2015, Morocco has recently been named as the third most prosperous African country[ii] yet its real estate prices remain significantly lower than European counterparts meaning the potential for capital growth is considerable.
Spearheading the trend for integrated villa and hotel complexes in the country, L’Amandier is among a handful of luxury developers capitalising on this proven investment model – offering a ready-made rental pool and solid yields of between 5% and 6% net within an established resort complete with infrastructure and services.
Early investors in the 12 acre oasis in the heart of the Atlas Mountains have already enjoyed a 40% increase in their properties’ values – a figure which Founder Anwar Harland-Khan fully expects will only continue to grow as the hotel nears full opening this autumn. ‘We have seen land and property values rise dramatically over the last few years as demand continues to grow fast for integrated sites with access to luxury amenities. Serviced residences are still a relatively rare concept in Morocco meaning those in existence are coveted assets. We expect that today’s prices will increase by 35% in the next 12 months as a direct result of the hotel opening this autumn. The recent Brexit decision is only likely to enhance the appeal of high calibre properties across Morocco for UK buyers as they look to invest their sterling in growth markets.’
Current property owners at L’Amandier include a mixture of British, French and Australian nationals all of which are quick to cite the resort’s outstanding location as one of the main motivators for purchase. Set on a plateau with untouched 360° views over surrounding National Parkland and rolling mountains, homeowners talk of the site’s unmatched serenity and breath-taking natural beauty.
Zach Dovey, a surgeon from the UK, one of L’Amandier’s very first purchasers explains that ‘Investing at L’Amandier has greatly exceeded all of our expectations in everything from the villas’ stunning design and finish to the proven capital appreciation we are already realising. To be a buyer at L’Amandier is to join a like-minded community of individuals who value the true luxuries of life; natural beauty, peace, nature, tranquillity and an intelligent investment. L'Amandier is such good value for money offering a really differentiated property product – and what you get for your money is absolutely unique unlike developments in other parts of the world which often offer ‘cookie-cutter’ houses.’
The four remaining villas for sale are fully completed and come with their own plunge pools and capacious outside verandas and roof terraces from which to enjoy the surrounding landscape. Villa interiors have been created by the hotel’s designer Michael Kopinski in a modern Moroccan style enriched with vibrant colours and textures whilst the architecture is in British architect Nick Gowing’s signature style. Each villa also has full access to the hotel’s amenities including its infinity pool, bar, restaurant and tennis court.
Prices from £339,000 for a 3 bed villa with a roof terrace and plunge pool and full access to the hotel’s amenities.
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