Investments opportunities for 72 apartments for sale 2023

Full description

Property type: Apartment
Property Status: Projects and Investments
City : Tangier
Neighborhood: Centre
Year: 2023
Number of buildings: 1
Lot size: 900 sqm
Average price of land per sqm: 22 000 000
Average price of apartment per sqm: 20 000 000 dh
How many floors: R12
Minimum Profit: 114 000 000 dh
Number of Apartments: 72
One apartment building cost price : 400 000 dh
One apartment selling price: 2 200 000 dh
Total construction cost : 33 600 000 dh
Number of apartments in each floor : 6
One apartment sqm : 100 sqm
Luxury finish villas price per sqm : 4000 000 dh



If you’re looking for a promising investment opportunity in the Tangier region of Morocco, you may want to consider purchasing an apartment building in Centre. With a total land price of 19,800,000 DH, you can construct a building with 72 apartments, each priced at 2,200,000 DH, for a minimum total profit of 114,000,000 DH.

The total construction cost for the building will be 33,600,000 DH, giving you a total investment of 53,400,000 DH. The land size is 900 sqm, and the building will have 12 floors, with 6 apartments on each floor. Each apartment will have a size of 100 sqm.

The average area price per sqm for an apartment is 20,000 DH, while the average area price per sqm for land is 22,000 DH. This indicates a strong market for real estate in the area, and suggests that your investment is likely to appreciate in value over time.

To maximize your profits, you may want to consider adding luxury finishes to the apartments, which can significantly increase their value. According to local market trends, luxury villas with high-end finishes can sell for as much as 4,000,000 DH per sqm.

Overall, investing in an apartment building in Centre Tangier, can be a lucrative opportunity for those looking to enter the real estate market. With strong demand for apartments in the area and the potential for high returns on investment, this could be a smart move for investors looking to grow their wealth over the long-term.