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Project apartment for sale in Nouinouich, Tangier

  • Property type: Apartment
  • Property Status: Projects and Investments
  • City : Tangier
  • Neighborhood: Nouinouich
  • Year: 2023
  • Number of buildings: 7
  • Lot size: 5000 sqm
  • Average price of land per sqm: 15 000 dh
  • How many floors: R+7
  • Minimum Profit: 335 000 000 dh
  • Number of Apartments: 196
  • One appartment building cost price: 400 000 dh
  • One apartment selling price: 2 500 000 dh
  • Total construction cost: 102 000 000 dh
  • Number of appartments in each floor : 4
  • one apartment sqm : 100 sqm
  • Average area price appartment per sqm : 20 000 dh
  • Luxury finish apartment price per sqm: 4000 dh
$7,505,684

Details

Welcome to our latest project of luxury villas for sale in Nouinouich, Tangier! With a minimum profit of 335,000,000 DH and a total land price of 75,000,000 DH, this is a highly profitable investment opportunity that’s not to be missed.

The project consists of seven apartment buildings, each with seven floors and four apartments on each floor. In total, there are 196 apartments, each with an area of 100 sqm. The cost price of each apartment building is 400,000 DH, while the selling price for each apartment is 2,500,000 DH. The total construction cost for the project is 102,000,000 DH.

The land size for the project is 5000 sqm, with an average area price of 15,000 DH per sqm. This makes the total land cost 75,000,000 DH. Additionally, the average area price per sqm for each apartment is 20,000 DH, making the total revenue from apartment sales 490,000,000 DH.

In addition to the apartment buildings, the project includes luxury villas with a selling price of 4,000 DH per sqm. These villas are finished to the highest standards and offer a luxurious living experience that’s second to none. With the average area price for apartments at 20,000 DH per sqm, the sale of luxury villas will bring in additional profits for the project.

Overall, this project is an excellent investment opportunity for anyone looking to make a significant profit in the real estate market. With a minimum profit of 335,000,000 DH, there’s plenty of room for growth and expansion. So don’t miss out on this incredible opportunity to own a piece of the beautiful Tangier landscape – invest in our luxury villa project today!

  • ID: 8495
  • Published: May 3, 2023
  • Last Update: June 9, 2023
  • Views: 363
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