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House / Villa • 1000 m² Tanger
10 bedrooms Land 472 m² (about 5074 ft²)
We are delighted to exclusively present this stunning Colonial villa in the heart of the sought-after quartier of Marshan. This villa of considerable standing has been subdivided into 8 individually styled and fully-serviced, one bedroom apartments with private balconies and a sumptuous private penthouse complete with terrace. Accessed via an oasis of greenery which serves as a communal garden the property provides further comfortable communal areas; including a wonderful salon in which to entertain guests and an expansive terrace from which you can revel in the unrivalled views across the city and bay beyond. The entire property has been impeccably restored to an exceptionally high standard employing noble materials. The result, is a property that offers all modern conveniences, but continues to encapsulates the charms and traditions of Tangier. The property provides the ideal opportunity to produce a substantial revenue stream. Letting the apartments on a seasonal basis would generate in the region of 150 000euros net per annum. This is the ultimate turn key investment with the property being sold fully furnished, enabling the future purchaser to benefit immediately from this income stream. In addition, the constant evolution and improvement of Tangiers as a first-class tourist destination makes this a very sound long term investment.