August 30, 2007
Mediterranean property development aims high
The Saidia property development on Morocco’s Mediterranean coast has attracted the investment of England footballers but is still accessible to those with smaller budgets.
England football captain John Terry and team mates, Rio Ferdinand and Gary Neville, bought luxury properties in the exclusive ‘Le Jardin de Fleur’ development. Due to be completed in 2010, the development includes a cluster of 60 villas called Le Village des Amis and adjacent complex Le Village de Sport.
The Saidia property development covers 7 million square metres, three golf courses including one championship course, has 6 kilometres of sea front, 11 four- and five-star hotels, 17 beach clubs and a marina with 840 moorings. The developers are hoping that Saidia will rival the likes of St Tropez and Puerto Banus with premium brand stores such as Gucci, Hugo Boss, Versace and Armani already confirmed retail outlets.
Le Village de Sport also boasts a football stadium, Olympic-size swimming pool, gyms, tennis courts, an aqua-park and an equestrian centre.
New Era Overseas is marketing the 60 luxury villas that make up the Mediterranean property development with five designs to choose from. ‘Le Village de Sport’ townhouses and villas are also available, with prices starting from a more realistic £160,000 for townhouses and £260,000 for villas.
When asked why he was investing in this Mediterranean property development in particular, Rio Ferdinand commented, “When I visited Morocco I came away with a real fondness for the people and culture. This resort initially attracted me because of its location; the Med is really accessible, but often overpopulated. When I travel I want to be somewhere I can relax with like minded people and enjoy the luxuries of home.”
Posted on: Morocco
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