Al Johara - the Jewel of the fabled "Red City" of Marrakech
Al Johara means the Jewel - of the fabled "Red City" of Marrakech. Al Johara is a magnificent Marrakech property development that combines the tranquillity of nature with urban proximity. There will be 535 Properties set in 150 acres with lakes and rivers, located in the "exotic historic" City of Marrakech.
And if you buy one of the first 100 units, you will be buying at a substantial of up to 40% discount in a rising market.
Al Johara has been designed by the famous Moroccan architect Elie Mouyal. His designs are fabulous, commanding a premium of 20% over similar non Elie Mouyal designed properties.
13 Reasons to Invest in Al Johara
- Stunning Atlas mountains views
- The developer owns the Al Johara land which has full title, planning approval and building license.
- The stunning architecture and landscaping of the award-winning architect Elie Mouyal
- Great location, ideal for the city and the airport
- World class facilities including a 5 star hotel, Spa, restaurants, children's club, equestrian centre, swimming pools, the largest a wave pool with sand beaches, full range of retail outlets, amphitheatre for live entertainment
- Impressive range of residence types: from 1 bedroom 50m² pavilions to 5 bedroom350m² villas
- Prices up 40% below market value
- Owners have a choice of kitchen, bathrooms and flooring
- All payments will be paid into an escrow account
- Anticipated 15% annual capital growth (Oxford business group)
- Stunning villas at great value for money
- Freehold
- There are now 179 flights per week into Marrakech from the UK
Location
Morocco in general and Marrakech in particular, offers excellent property investment potential. The Moroccan Government's commitment to the expansion of its tourism industry as defined firstly in the Plan Azure, and now in Vision 2010 has already brought significant success in the 60% tourism growth that has occurred in the last four years. There is a 247% increase in flights from the UK in the last 12 months, and there are now 179 flights per week into Marrakech from the UK. EasyJet (Gatwick), Ryan Air (Luton) and Flybe (Manchester) all fly to Marrakech for 12 months of the year.
The Marrakech microclimate makes the Red City the closest winter sun to the UK with an average of 7 hours' sun per day for the months of November to March. During the rest of the year you will enjoy unbroken sunshine, cooling breezes and low humidity.
Al Johara is set just 300 metres off the old road from the centre of Marrakech to the Atlas Mountains. Although only 20 minutes from the centre of the city, the views of the mountains which are snow-capped for 5 months of the year, are stunning.
Al Johara is an oasis of peace and tranquillity whilst a short distance from the hustle and bustle of Marrakech.
The Residences
Al Johara is a walled and gated community that comprises 535 exclusive properties, set in 150 acres with lakes and rivers. All residences are located in a beautiful landscaped setting with planted courtyards, orange and lemon trees and water features.
The majority of the properties at Al Johara follow traditional Moroccan design concepts and have internal courtyard/gardens
The development will be built to the highest quality specifications. For example many properties will have 3 and 4 metre high domed feature living room ceilings. Many have open fireplaces, all have the renowned detail and special architectural features synonymous with the award winning architect Elie Mouyal. All units will have balconies, gardens or sun terraces. Choose your own kitchen furniture, flooring and bathroom finishes.
Pavilion and Villa Palais Properties are 2 and 3 bedroom detached villas, all located on or around the golf course offering lovely golf course views in one direction and stunning Atlas mountain views in the other direction. These properties will all have their own gardens.
The "Rampart" area of the development contains a selection of classic "Mouyal designed" properties. Each with a unique blend of classic and contemporary Moroccan design features.
The range has two and three bedroom duplex townhouses, together with a selection of single level Studio, one and two bedroom apartments.
Borjs are Moroccan "tower" houses built within their own high walled garden/courtyard. At Al Johara, Borjs are available within the Riad and Rampart areas and also on the golf course, although there they do not have walled gardens. All houses have sunroofs, and they are available either as detached villas or as townhouses.
Riads are beautiful, traditional, detached Moroccan villas, built around an internal courtyard/garden which is partly pergola covered. All Al Johara riads are built right on the edge of a large shared swimming pool. The riads have spacious rooms and sunroofs, and some have vaulted ceilings and fireplaces.
There is also a small number of sensational luxury larger villas located front line to the golf course. These superb detached villas are 4 bedrooms and are extremely spacious, with amazing views of the golf course with the Atlas Mountains in the background. All the villas are set in their own substantial grounds (plot sizes close to an acre) and have vaulted ceilings for added spaciousness. Staff quarters are included in the larger villas.
Part of the Al Johara development is a 4/5 Star hotel. This will be comprised of 150 luxury single bedroom hotel apartments ideal for people who prefer a more pampered lifestyle.
Depending on payment schedule (see Purchase Details below) you may benefit from up to 40% discount on the prices below.
| UNIT TYPE | GROSS LIVING AREA | PRICES FROM: | |
| Condo Hotel Apartments |
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| One bedroom condo hotel apartment | PRE-REGISTER | PRE-REGISTER | |
| Apartments (Rampart) |
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| Studio | > 83m² | €139,000 | |
| 1 bed apartments | > 95mm² | €169,000 | |
| 2 bed apartments | > 197m² | €249,000 | |
| 3 bed apartments | > 129m² | €245,000 | |
| Duplex townhouse (Rampart) |
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| 1 bed duplex | > 121m² | €219,900 | |
| 2 bed duplex townhouse | > 331m² | €339,000 | |
| 3 bed duplex townhouse | > 268m² | €584,990 | |
| Riads |
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| 2 bedroom riads | > 141m² | €279,000 | |
| 3 bedroom riads | > 249m² | €415,900 | |
| Towerhouses (Borj) |
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| 2 bedroom villa | > 141m² | €287,900 | |
| 3 bedroom villa | > 164m² | €330,000 | |
| Pavilion Villas |
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| 2 bedroom villas | > 132m² | €223,900 | |
| 3 bedroom villas | > 272m² | €423,000 | |
| Palais Villas | |||
| 2 bedroom villas | > 260m² | €349,000 | |
| 3 bedroom villas | > 272m² | €423,000 | |
| Luxury villas |
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| 4 bedroom villas | 419 - 835m² | €674,000 - 990,000 |
The prices include VAT, currently at 20% (subject to change)
Furniture packages will be available.
Click on the link to Pre-Register for Condo Units at Al Johara and we will send you further info as soon it is available. There is no cost associated with the no-obligation pre-registration
The Facilities
Al Johara will be a cash free resort with superb facilities such as
- A 5 Star Hotel
- Spa
- Clubhouse with gym and fitness centre
- A choice of fast food, family and gourmet restaurants
- A creche and a children's club
- A par 3, 9 hole golf course plus a driving range and practice greens
- An equestrian centre with off-road riding to the Atlas Mountains
- 11 communal swimming pools, the largest a wave pool with sand beaches
- Beautiful communal gardens and waterways
- Tennis Courts
- Jogging track
- Moroccan horse and carriage or golf buggy transport to all properties
- Full range of retail outlets including banking, a supermarket, bakery and patisserie
- Amphitheatre for live entertainment
- Open air cinema
- Business Centre
- Computer games room
- Nightclub
The following services will be available:
- Free to use air-conditioned shuttle bus service to the city centre
- 24 hour, 365 days a year security within a walled and gated community
Rental Programme
A full rental and management programme will be available to Al Johara owners.
IMarrakech's rental market is underpinned by domestic demand from wealthy Moroccans in Casablanca or Rabat who want weekend homes there, so it is not solely reliant on tourists, as the coastal resorts are. 4 and 5 star hotels experience a 93% year round occupancy.
Purchase Details
Al Johara has full planning permission and initial infrastructure construction has already started. The developer will start to build Phase 1 properties in the last quarter of 2008 and deliver the residences in the last half of 2009.
There are 100 properties for sale at a pre-release offer giving buyers three different payment schedules to choose from. These 100 properties will be sold on a strictly first come, first served basis.
- 40% Discount - 50% on exchange of contract and then 15% then 15% with 20% on completion.
- 30% Discount - 20% on exchange of contract then payments of 20% until final 20% on completion.
- 20% Discount - 20% on exchange of contract then 20% next year then 60% on completion.
All payments will be paid into an escrow account controlled by an independent escrow agent, John Howell.
Freehold ownership (with the exception of some villas on the south side).
A Due Diligence Report is available upon request. Click here for requesting this document.
Hot Properties Worldwide is an authorised sales representative of Al Johara
