Investment opportunities for apartments for sale in Malabata, Tangier 2023

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Malabata, Tangier is a prime location for investment in real estate, with its growing population and thriving tourism industry. With a total land size of 700 sqm, and a cost price of 21,000,000 dh, there is an opportunity for investors to construct and sell apartments in this area for a significant profit.

One apartment building cost price is estimated to be 46,000,000 dh, and with 110 apartments planned for construction, there will be a significant return on investment. Each apartment will be 100 sqm in size, with a luxury finish, and a selling price of 2,200,000 dh per apartment. The average area price per apartment per sqm is 22,000 dh, and the average area price per land per sqm is 30,000 dh.

The building will have a total of R+22 floors, with each floor containing 5 apartments. The total construction cost is estimated to be 46,000,000 dh, with a minimum profit of 186,000,000 dh. In addition, there is an opportunity to construct luxury villas within the same area, with a price of 4,000 dh per sqm.

Overall, investing in apartments for sale in Malabata, Tangier 2023 is an excellent investment opportunity, with the potential for significant returns on investment. With the growing demand for real estate in the area, investors can take advantage of the prime location and the increasing demand for high-end housing.