20 March 2013
Assoufid is a luxury private resort, located 10kms south-west of Marrakech's historical centre against the backdrop of the snow-capped Atlas Mountains.  The villas have been designed to reflect the historical and indigenous influences of Morocco and enjoy a tranquil setting with spectacular views. A comprehensive concierge and property management service takes care of every homeowner's needs.

Drawing on four different architectural styles: Art Deco, Contemporary, Atlas and Hivernage, the villas occupy generous individual one hectare plots and are available to buy with three to eight bedrooms, ranging from 500sqm to over 1,000sqm. All villas feature comprehensive, state-of-the-art fixtures and fittings, elegantly designed landscaped gardens as well as large covered terraces. In addition to the main residence, each villa includes a large heated swimming pool, poolhouse, garage, caretaker's lodge and staff accommodation.  Also available are a selection of optional extras: tennis court, gym, officeor  guest pavillions and a sauna/hammam and  Assoufid's multilingual staff are on hand 24/7.

The unique undulating landscape is perfect for the 18 hole golf course designed by Niall Cameron, complete with exclusive clubhouse, private events pavilion, driving range and practice pitching & putting green.  The  5 star luxury hotel and spa will be located at the entrance of the resort and is due to complete in 2015. 

Alicia Pasley-Tyler from Aylesford International comments: "Less than a three and a half hour flight from most European major cities, Morocco is one of the most economically and politically stable countries in North Africa and not being part of the tremoring Euro means Morocco holds the key to the holiday home market. The unique climate allows for wide ranging entertainment for families and adults. You can ski in the Atlas mountains, just an hour from Marrakech and be back for the afternoon to sunbathe poolside, go horse riding, ballooning or quad biking. It's a location that offers real value for money in comparison with so many European destinations."

The first phase of 14 villas is underway  and eight remain available, with two ready for immediate occupation and six available to purchase off-plan.  The Assoufid villas range in price from 1,910,0009 Euros for a three bedroom residence to 2,995,000 Euros for a four bedroom residence with a two bedroom guest pavilion.

About Assoufid
Assoufid is a luxury gated development located 10 kms south-west of Marrakech`s city center and spread throughout 222 hectares of natural undulating landscape, that will boast a limited range of spacious villas, a stunning 18-hole golf course, Driving range, Golf Clubhouse and a 5-star luxury Hotel which will be managed by an international branded hotel operator. The villa construction density is extremely low at less than 1 home per hectare (2.5 acres), ensuring that each property benefits from large open spaces and views of the Atlas mountains. Concierge and property management services, some of which will be provided by the hotel operator, ensures homeowners' needs are cared for.

About Assoufid Properties Development
Assoufid is being developed by Assoufid Properties Development S.A. (APD) with headquarters in Marrakech. Its main shareholder is Kuwait-based North Africa Holding Company (NAH), which is the Private Equity arm of KIPCO group, one of the biggest diversified holding companies in the Middle East and North Africa, listed on the Kuwait Stock Exchange with a market cap of US$ 1.6 bn and over US$ 20 bn assets under management. See www.northafricaholding.com and www.kipco.com for more information.

About Aylesford International
Aylesford International  has an extensive portfolio of international properties with offerings across six continents - including in Switzerland, Morocco, The Caribbean, South Africa, South of France, Italy, The Balearics and Greece.

Based in Chelsea, this top-end estate agent specialises in prime property sales and lettings in Kensington, Chelsea, Belgravia, Mayfair and Knightsbridge.  www.aylesford.com

For press enquiries please contact: Fiona Vogel or Tula Goodwin at VogelGoodwin T: +65 8133 1706 or +65 8189 1720 E: info@vogelgoodwin.com

© Press Release 2013