Investment opportunities for villas for sale in Manar, Tangier 2023

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If you are looking for a lucrative investment opportunity in Tangier, then you might want to consider buying villas for sale in Manar. This area is a prime location, with a lot of potential for growth and development, making it an ideal place for real estate investments.

With a total land size of 8,000 sqm, you can build 12 villas in Manar. The cost of one villa building is 6,000,000 dh, which means the total construction cost for all 12 villas will be 72,000,000 dh. Additionally, the total land price is 96,000,000 dh. This brings the total investment cost to 168,000,000 dh.

Each villa has a size of 500 sqm, with 2 floors (R+2), and a luxury finish. The average area price for a villa per sqm is 23,000 dh, which means that the price of each villa will be 11,500,000 dh (500 sqm x 23,000 dh). The total revenue generated from selling all 12 villas will be 138,000,000 dh (12 villas x 11,500,000 dh).

By subtracting the investment cost from the total revenue generated, you will get a minimum profit of 246,000,000 dh (138,000,000 dh – 168,000,000 dh). This means that you will earn a return on investment (ROI) of 146% on this project.

In addition to the standard finish villas, you could also consider building luxury finish villas, which have a higher price per sqm of 4,000 dh. This will increase the selling price of each villa to 18,000,000 dh (500 sqm x 4,000 dh + 6,000,000 dh). If you sell all 12 luxury finish villas, you will generate a total revenue of 216,000,000 dh. This means that your profit will be 48,000,000 dh (216,000,000 dh – 168,000,000 dh), and your ROI will be 28.57%.

In conclusion, investing in villas for sale in Manar, Tangier in 2023 could be a smart investment move. With the potential to earn a minimum profit of 246,000,000 dh, and an ROI of 146%, this project could provide a great return on investment. If you want to increase your profits, consider building luxury finish villas, which will provide a higher selling price per sqm.