Investor

Thanks for the info, looks really nice but a bit out of my league, us riff raff will have to stick with Tanjer & PBGR. The acid test will be how well these sell at those prices, I hope they are snapped up as it will really put the area on the map.

Mannor Park, Yes these apartments / villa's are def out of reach for myself too, however i know many people have bought on neighbouring resorts such as Tanjah & PBGR so this development is good news for them, Al Houara looks as though its a top end development, & is ideal for those who want exclusive Villas, however the price tag as you know is over 1 Mill for Villas...

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Vimal Parmar

I was discussing Al Houara with someone who sells very high end +£750k villas in Europe (which now seems to include morocco!), and she thinks they will sell, but as someone said earlier to rich Middle Eastern people, not Europeans.

More interestingly she also said the prices may be a deliberate ploy to attract end-users, not investors. Therefore it will be a more stable, permanent resort with few resales and more longer term residents. I think this can only be a good thing for the area - 12 month living not seasonal.

Still dont have the million though!!

Sunnyshores

I think that maybe right about the pricing, mind you would have to be a brave investor to sign up for a 2.5 mil villa and hope to flip it.

I have had a look at the resort map and the road does not seem to affect them, has anyone got a map of how this fits in with the other resorts on this stretch?

I think - from Tangiers North down to Asilah South

Paradise Beach -
average 2 bed appt £77k
golf course
?* hotel

Tinja -
average 2 bed townhouse £175k
estimate for 2 bed appartments £100-£120k
golf course
equestrian centre
5* hotel 600 rooms
670 residential properties

Al Houara - 2.5kms of coast, 234 hectares
average 2 bed appartment £182k
18 hole golf course
equestrien centre
3of 5* hotels
1100 properties - some rental, some private residential

Tanjah
average 2 bed appartments £84k
average 3 bed penthouse appt £120k
18 hole golf course
3500 properties mostly apartments


would be good info to fill in what else is around the area.
Anyone know how far along the coast the other developments stretch ?

On this link (if I am allowed to post it) you can see the overlap, I think the road does not run along the coast and may seperate the two, by running up the middle. The road has been a big talking point with Tanjah, but after my visit did not put me off.

Talk Morocco - Moroccan Property Forum: Tanjah Resort & Al Houara Resort overlap

Hi All,

I am really considering buying a 1 bedroom apartment here. Has anyone purchased here or is planning on purchasing?

Cheers
AI

AI
basically I cant afford to invest here. But, I would have no hesitation in recommending the immediate area/beach it sits in and having studied the brochure it does look like a really nice development and obviously the developer is first class and has lots of experience.

My only reservation would be (and I dont know the answer) what are rentals like on 1 beds ? Obviously you're ruling out families, 2 sets of couples or 2 friends going on holiday together. But I suppose there are 1 beds in holidayville all over the world and it must work.

Al Houra in my opinion & as mentioned before will be a world class resort, prices are high but that will in essance "draw" the wealthy individuals who are looking at buying a nice holiday apt / villa for their personal.

I was in Morocco over the wkend & went to see the main sales agent with regards to this development, they did advise on one aspect which stood out, they are not in no rush to sell units on the development, finance is already in place so the need to sell asap is not vital, they want to sell properties to those who will use & appreciate the development not those who are looking at "flipping" before completion.

I'm going to post some pics i took of the development "model" very soon, hopefully tonight.

If anyone is seriously interested I have contact details of the the sales agents of Al Houara & ive advised them I will refer clients. If this does interest you do advise of your contact details via PM & i shall ask someone from the main sales office in Casablanca to contact you.

Rgds

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Vimal Parmar

Hi Investor27,

Thanks for the info. The current phase is in the best location (beach front), nearly half the 2 million dollar villas and over 60 apartments have already been sold. There will be price increases in the 2nd and subsequent phases.

I am very tempted to buy here, but I was wondering if Tinja will be built in the same class and are they offering finance as well?

If Tinja is in the same class, then I would rather wait for Tinja to release as Tinja will have more facilties, marina, lower density (half the amount of units/villas on the same land size), and not sure about this one but it seems like it will be cheaper in price.

Cheers
AI