Medina Andalusí - NOW FOR SALE

CHEFCHAOUEN

Chefchaouen, an enchanting Moorish town, lies in the heart of the Rif mountains just one and a half hours drive inland from Tangier. Perched on the side of a mountain it overlooks valleys of farms and forest covered mountains. Also known simply as Chaouen, it looks a little like an Andalucian village painted in every shade of whites and blues... with friendly locals and a sand coloured Kasbah in the centre of the old town where the red-hued walls enclose a beautiful garden and a small folk museum. The main square in the centre of the medina (Plaza Uta el-Hammam) is a delightful place to sip fresh orange juice or mint tea and look at the mountain peaks, the Grand Mosque and the 17th century ruins of the Kasbah walls that run along one side of the square.

Visitors to Chaouen can marvel at the local handcrafts still made by traditional methods, stroll around the Medina with its narrow cobbled streets, barter with the locals selling hand-made leather goods, woven cloth, pottery and ceramics, watch local carpenters work as if time had stood still, be flooded with the most delightful aromas of spices and herbs and freshly baked bread from wooden ovens, or try the locally produced olives and cheeses.

There are many small hotels and hostals offering very economical prices. The main hotel is the Parador (no connection to the Paradors in Spain), and offers very comfortable accommodation with swimming pool, adjacant to the main square in the old part of the town (see map on right). There is also an abundance of restaurants surrounding the square offering local and international cuisine.

The province of Chaouen offers magnificent landscapes for all types of outdoor activities such as hiking, excursions on horseback or mule, mountain-bike, cycling, canoing, rafting, fishing or caving.

Chaouen is small and manageable and is an essential visit for tourists touring Morocco. (See interactive map).

Grupo Inmobiliario ESPMAR has recently completed their first complex of eighteen apartments, Chaouen Narixa I, in Chaouen. Our second complex, Chaouen Narixa II, is currently under construction and all apartments are sold.

MEDINA ANDALUSÍ

We are now pleased to announce our third project in Chaouen, Medina Andalusí, a new promotion comprising studios, 1, 2 & 3 bedroomed apartments and duplex penthouses in its own Arab style Medina, surrounded by lawned gardens and swimming pool. All apartments will have fitted kitchens, and terraces overlooking the surrounding countryside of Chaouen. Private underground parking will be provided, as well as a Mosque, Hammam and coffee shop.

The first phase of Medina Andalusí consists of 7 small apartment buildings on three floors together with communal gardens and swimming pool (see model, development and floor plans on the right).

Initially, Blocks 1, 2 & 4 are NOW FOR SALE. Each block consists of between 10 and 12 apartments and each floor has three or four apartments per floor. Blocks 3, 5, 6 & 7 will become available at a later date.

CONSTRUCTION SCHEDULE

Construction of Blocks 1, 2 & 4 of Medina Andalusí will commence April 2009 and will be completed by April 2011. The remaining blocks, 3, 5, 6 & 7, will commence during this period.

BUILDING SPECIFICATION

Is included within the sets of Block Plans, and can be downloaded on the right.

PRICES IN DIRHAMS - BLOCKS 1, 2 & 4:
Divide by 11 for EUROS.
(Prices also downloadable on the right.)

BLOCK 1:

BLOCK 2:

BLOCK 4:

PAYMENT TERMS

TAXES

Although some taxes vary slightly, the total amount payable is in the region of 5% of the price paid. IVA (VAT) is included in the above prices.

This is made up as follows:

• Registration fees 2.5%
• Notary's Tax 0.5%
• Notary's fees 1.0% to a max of 2,500Dh
• Land registry 1.0%
• Sundry expenses 2000 Dh
• Dh = Moroccan Dirhams also know as MAD.

For further information please see our guide to a property purchase in Morocco.

For further information about visiting the complex or making a reservation, please contact us.

(Page updated 13th March 2009.)

Grupo Inmobiliario ESPMAR
International Real Estate Agents & Developers.
Agencia Inmobiliaria.
Calle El Barrio, 53, 1º
Nerja, 29780 (Málaga),
Costa del Sol, Spain.
Tel. (00 34) 95 252 8424 / 2661
Fax: (00 34) 95 252 2661
web:www.espmar.com
Email: Contact us.