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Dar Ava, Route D'Ourika, Morocco

€4,000 Per Week

A 4 bedroom country courtyard house with swimming pool surrounded by a private 2-acre walled garden, in the exclusive Saladin Farm estate, 20 minutes from the airport.

The property is one of a small number of exceptional villas designed by one of the country's leading architects, Karim el Achak, in a style influenced by traditional Berber architecture. It was completed in early 2010 and its interiors reflect a mix of Moroccan influences and European style and comfort.

There are 4 air-conditioned double bedrooms, each with an en suite bath, shower and dressing area, and terraces with views of the Atlas Mountains. 3 bedrooms are off the courtyard on the ground floor; the master bedroom is on the first floor with its own dressing room and private terrace.

The reception, with dining area and fireplace, has large French windows on three sides leading to the courtyard and terraces. The sitting room, also with fireplace, has Sky TV, HD Television, a PS3/BlueRay DVD player, surround-sound, laptop, fax and printer.

The house is 16 kms south of Marrakech, off the road to Ourika, and within a 25-minute drive of either the city centre or the foothills of the Atlas Mountains.

Nearest Airport : Menara Airport (RAK) at 20 Kilometres

Nearest Train : Marrakech at 20 Kilometres

Nearest Beach : Essaouira at 100 Kilometres

Nearest Ski : Oukaimeden at 40 Kilometres

Nearest Golf : Royal Marrakech Golf Club at 25 Kilometres

Nearest Restaurant : Various at 10 Kilometres

Car: recommended

PRICES FROM: £3000 PER WEEK

A BUYING GUIDE TO MOROCCO

Unless you have burning desire to buy a farm in Morocco (foreigners are not allowed to buy agricultural land), the property market is well established for Western buyers.

One barrier to remove is language, unless you speak good Arabic or possibly French. Otherwise, you will need an English-speaking local lawyer, and a very useful resource to find one is the UK Government’s website. This carries a list of lawyers known to the embassies there, (although this obviously comes with no specific recommendation).

You will also need a notary, and again the site carries a link to a list drawn from the National Chamber of Notaires.

For both, visit: https://www.gov.uk/guidance/buying-property-in-morocco

The notary, just as in other countries such as France and Spain, typically represents both seller and vendor. He/she will check the vendor’s identity; that they actually have a right to sell the property to you; and that the physical aspects of the property – size, construction etc – are accurate.

Once a price has been agreed, it is normal practice to pay a deposit of around 10%. You are then committed to go ahead with the purchase, and a signature on the final contract should take 6-8 weeks. Your lawyer should take care to ensure that the property is being sold with the consent of all interested parties (e.g. direct family members of the vendor).

Finance

Foreign nationals are allowed to take out a mortgage to finance their purchase, up to a maximum loan-to-value of 50% of the purchase price.
Your purchase will need to be paid in the local currency (the dirham). If you are transferring funds from the UK, it is often worth shopping around for the best currency conversion rate as this can make a considerable difference.
Costs

Every purchase is different, but as a rule of thumb, budget for 12%-17% of your purchase price in additional fees, taxes and charges.

As a buyer you will typically pay:

  • Your lawyer (we strongly recommend you use one), at a cost of up to 5% of the property value, plus 10% VAT.
  • A registration duty of 6%
  • Notary fees of between 0.5% and 1%
  • A land registry fee of 1%
  • Stamp duty of 1%
  • The ‘simsaar’s’ (local agent’s) fee of typically 2.5%

 

Please note: This article reflects Aylesford’s current understanding of property legislation in Morocco. It is offered for general guidance only; specialist legal and tax advice should always be taken for any property transaction.

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