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real estate investments in tangier

Description of the blog

TANGER Strategic City just 15 km from Europe. It presents a perfect location for establishing intercontinental business activities. In recent years real estate investment in Tangier has increased significantly, thanks to the number of tourists who visit the city annually. Buying an apartment in Tangier will cost you 11527 dh per square meter.

Why invest in Tangier?

Tangier is an energetic city and really adorable. Believe it! This is a place that is currently renowned around the world for its resorts and apartments. The Villas and Golf Apartments, the Kasbah Apartments, the Villas and Forest Apartments offered by this city are really unlike.

Its diverse characteristics make Tangier an exclusive city.Tanger is located geographically in the most strategic region of Morocco, only 15 km from Europe. Tangier also has the most extreme location of North Africa and the great advantage of having free and direct access to the Mediterranean, the Atlantic; a perfect location for establishing intercontinental business activities.

 This city is rich in culture. Because of its cultural diversity, it is a place with high opportunities for strong return on investment. With the help of improved infrastructure and premiums to foreign investors, the Moroccan government is taking the best possible initiative to attract a large number of external investors. The major focus is on strengthening the economy in the best way possible.

Some real estate investments:

Economic housing. In this sector, which is controlled by the state, it is logical that tariffs should be known and respected. There are still few, prices are set according to the mood of the promoter. An apartment sold on paper at 200,000 dh, ceiling authorized by the state, is easily sold at 300,000 or 350,000 dh. However, the data may change in favor of low-income classes with entry of operators of the size of Addoha. The latter started the construction of 9,000 economic homes in the new city of Ibn Battouta.

 

Tangier is also experiencing an increasingly noticeable presence of Spanish property developers.

 

Urbas, one of the giants of Spanish real estate with Fadesa, has bought 6500 m2 of land in downtown Tangier. These lands will be dedicated to high-end buildings with office trays.

 

Another Spanish operator, the Salamanca group has just acquired more than 16,000 m2 boulevard Mohamed V. The transaction has been billed more than 65 million dh and the land is intended to receive a leisure and trade center and residences.

 

Miraflores, another Spanish real estate group, is in the process of completing the construction of an imposing 14-storey building with sea views. It will include 77 luxury apartments, office floors and commercial premises. The prices of the apartments.

  • 84, Boulevard Mohammed V

  • 3ème étage, bureau n°8 - Tanger