searching for places

Searching the net.. and its realy difficult to find a place near the beach for sale specialy when your budget is limited. However I did find some intresting places



In Tetouan, ancienne médina

67000€

200 m² of habitable surface (2153 sqFt)
64 m² of land (689 sqFt)
12 rooms
4 bedrooms
good structural condition



But its 1 h car driving to the asilah side and the Atlantic ocean site.


Howerever this is a sheep place to maby start the project and maby if everything smothe on we can buy a new place after an year or two to expand..



I have made a calculation for the bank on thuesday..

The numbers for brake even are 50 people staying for 2. with a loan of 900K

No money will be earnd and everyone wil be happy..



900 000 3.15 %rent monthly pay = 8000 (realistic numbers taken from banks webpage)

then add aproxemently 6500 in other cost for living. total 14500 every month



cost 175000 every year.

175 000/14(days of visit)/(250 room rent cost a day inc. food?) =50 people a year.. possible?

guest cost two weeks

250x14=3500 living cost. flight ticket from 3000 a total of 6500.-



just to compare with hotelprice 95€/night.



However if people realy find this place worth visiting and we fully book all the 8 beds.. we will be able to bring down the cost as low as 150.- per night.. total of 2100 for two weeks..



If we are able start a surfshop and or can give som courses then maby we can even have lover living prices...

the project is taking shape.