Uus Maa Real Estate Company announced that in July they started the sales of the real estate in the resort Le Jardin de Fleur, which was established with the partnership of Margus Reinsalu and titled to be the best development in Arabic countries.
Le Jardin de Fleur with its 700 ha of land covers 6 km of beach and consists of 11 resort centres with large villas, terraced houses and apartments, writes aripaev.ee.
According to Marge Ambos, the foreign real estate advisor of Uus Maa, it’s a good investment opportunity, as the complex has been designed for rent. Strategic location, construction quality, as well as a position in a developing market all speaks for the project.
The grand development project, with more than EUR billion invested in it, is part of Morocco’s king Mohammad VI’s tourism promotion plan Vision 2010. The strategy includes 5 other resort areas at the Atlantic Ocean besides Le Jardin de Fleur, and with an EUR 9 billion investment the number of tourists by 2010 is planned to be increased up by to 10 million people. In 2007, the number of tourists visiting Morocco increased by 13 pct, reaching 7.4 million people.
The development company of the project is the international enterprise Property Logic, the owners of which are Estonian Margus Reinsalu, Englishman Sean Cusack, and Dutch Joop Huisman. One of the partners is also Radisson Hotels & Resorts.
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