La Dune: Agadir, Morocco

La dune is a development of luxury beach front villas, only a 10 munte drive from Mirleft, south of Agadir. Mirleft has the Atlantic coast on the west and the Sahara desert on the east. During the past decade Mirleft has attracted visitors from nature lovers and sporting enthusiasts , particularly surfers and windsurfers. A world champion surfer is a semi-permanent resident in the Mirleft.

Many people (French and British) have come to Mirleft in recent years to holiday and even to buy and restore old fishermen’s houses or to construct luxury villas overlooking the beautiful Atlantic coast.

La Dune offers 196 semi detached and 24 detached quality four bedroom, four bathroom villas which can be enjoyed by all the family. The development is located on the coast road between Agadir and Mirleft and is a gated community with unrivalled sea views.

Facilities:

  • Restaurant, bar
  • Supermarket
  • Lounge and piano bar
  • Fitness Centre including tennis Courts and spa
  • Children´s Club
  • Boutiques
  • Airport transfers
  • Car Hire
  • 24h Security
  • Outdoor pursuits:
  • Surfing
  • Windsurfing
  • Body-boarding
  • Water-skiing
  • Beach volleyball
  • Horse-riding
  • Quad biking
  • Paragliding
  • Tennis

Specifications:
Total build are is 283m2; covered area is 163m2; Covered terrace is 20m2; Roof terrace, Lower level, Ground floor is 100m2

A big emphasis has been put on the size of the outdoor living areas so residents can fully enjoy the Moroccan outdoor/indoor living. Each villa has a lot of natural light, with amazing sea views and very big roof terraces ideal for sunbathing or barbequing.

High return on investment:
An experienced French operator will manage the rental pool programme with the following returns on rental to be expected:

  • Average price: €270,000
  • Occupancy: 35% pa (18 wks)
  • Average weekly gross income: (accommodation 4-8 people) €1,800
  • Total annual income €32,400
  • Less costs (rental management / maintenance): 40% pa €12,960
  • Net income (€32,400 - €12,960) €19,440
  • Return on Investment €19,440... 7.2%

Prices:
The price is approximately €270,000 for a 4 bed/4 bathroom per villa (fully equipped kitchen) Prices are forecast to increase at least 3% per quarter during construction. Furniture packages are available. Building licence and planning permission both granted. A show flat is available on site and is open for viewing.