These two bedroom open-plan apartments are situated near wide, sandy beaches and Northern Morocco’s finest golf course at the prestigious Cabo Negro. Tangier is just a 2 hours 30 minutes from the UK by plane, with only a one hour drive from Tangier through green hills and alongside beautiful beaches to the complex itself.



There are plans for a new International Airport for 2007 which will be on the route of the new coastal motorway between Tangier and Tetouan, also due for completion in 2007, there are also proposed, direct flights from the UK to Tetouan itself, just 30 minutes from the complex again, scheduled to start from 2007.



Residents and their guest at the Mirador Golf development will benefit from private transportation between the golf course and the beach, making the location ideal for golfers and those who prefer to take advantage of the beach alike, also of course those who wish to purchase a property for rental investment.

In addition to the golf and beaches those interested in boating, fishing or simply the delights of a harbour environment will discover that the nearby Marina Smir, Marina Kabila and the Royal Yacht Club, provide moorings, slipways and everything needed to enjoy boating along this beautiful coastline.



The resort amenities include restaurant, swimming pool with poolside bar, tennis courts, children’s playground and supermarket, whilst the apartments themselves are of the highest quality, designed with open plan kitchens and floor to ceiling windows opening on to the terraces to allow for maximum light and space, accentuated by the panoramic views of the beaches and golf fairways



GF 2bed
Two bedroom and one bathroom apartments offering 65m2 constructed area with terraces of 10m2 with prices from 32,000 to 33,000 GBP

Elevated 2bed

Two bedroom and one bathroom penthouse apartments offering 65m2 constructed area with terraces of 10m2 priced at 34,000 to 35000 GBP

Less than 18 months later these apartments are selling for as much as £53k which is still amazingly cheap for a 2 bed apartment and clearly less than £1000 psqm.



Having paid a deposit of 40% of £13200 of a sale prices of £33k (ignoring fees) my return on the deposit is £20k or 151% not bad and this is clearly only going one way.

Should achieve £65k in the short term (12 months) as the market for existing property gathers speed. Mainly off plan property market which basically includes many speculators.

From a rental point of view I will be aiming for net income £5k per annum which may not be achievable in the first year but will be from 2008 onwards giving a yield of 15%



August 2007 Update OK the development has slipped past the expected completion date but the site is 95% finished now and the surrounding are beginning to taking shape added some pictures

October 2007 Visited the site and my appartment is complete and looks good only minor snagging issues, the development is not completly finished but should have the keys in 2007 perhaps. These area has moved on tremendously with much of the infastructure either completed or in progress. Will add some photo's this week

December 2007 completed the purchase at Mirador go back in June to sort utilities and funish the appartment for the season.



May 2008 Booked a week in June to furnish and set up the unit to enable letting initially via www.vista-rent.com for the peak season and off peak I will be marketing myself too on www.mirador-golf.com
These units are now selling for £65k furnished which is a good return yet still inexpensive at that level

June 2008 Furnished my unit for about £3500 enjoyed the whole process
and the weather was great pool now full and ready to be enjoyed hope to get back after the peak season and hoping for some rental during August

Aware of units for sale for around £60k let me know if anyone interested as still very good value at this level.