Hotel Land for Sale in Founty Agadir

Dupla-Immo real estate agency offers a land plot located in the Founty neighborhood of Agadir, on the edge of the Palmiers Bay. This project is profitable and meets the current demand, making it an interesting choice for Founty today. The land is located in the Palmiers Bay, in Founty, Agadir. — Hotel sector. The land has an area of 7,800 square meters, with four facades. It is located about 400 meters from the Agadir corniche. Neighboring hotels include the Timoulay & Spa Agadir, the Océan Atlantic View, the Sofitel Agadir Royal Bay Resort, the Iberostar Waves Founty Beach, the Borjs Hotel Suites & SPA Agadir, and the Hotel Riu Palace Tikida Agadir. The total area of the project is 16,000 m², spread over a basement, a ground floor, a first floor, and three floors. The area reserved for accommodation is 9,700 m². It is possible to build up to 104 apartment units, including 200 m² penthouses, or modify the plans to create a 4-star hotel with 160 to 170 units. The built-up area is 40% of the land. The tax benefits associated with this project include: Total exemption from registration fees upon acquisition of the land. Exemption from VAT for construction materials and project equipment. Exemption from customs duties for project equipment. Exemption from corporate tax for the first 5 years of project operation, concerning foreign currency turnover. The investment charter provides for: The state may grant up to 30% of the total cost of any hotel or tourist residence project, including the land price. If you are looking for a strategic location in Agadir, do not hesitate to contact us for more information.