EFTA Document EFTA01956562

To: From: Sent: Subject: Fwd: RE: Sun 9/15/2013 11:27:08 PM Sent from my iPhonc Begin forwarded message: From: "Marc" ‹ > Date: Sc tember IS 2013, 7:16:22 PM EDT To: ' Subject: RE: Dear la, I will try to explain the Palmeraie market and to justified the asking price (55 million €). 1) Naked plot price on the Circuit de la Palmeraie is 1 000 000 € / hectare (around 5 millions € for the whole plot) 2) You have a fantastic garden, 20 years old, with 6 wells, 7 richly decorated exterior pavilions, 60 marble fountains and Roses 1 200 units Cypress 100 units Olive trees 286 units Citrus trees 150 units Traditional palm trees 1 950 units Phoenix palm trees 125 units 3) The palace is a real monument, probably the most wonderful Arabo- andalou construction in Morocco and may be in the whole Arabic world. It is a real replica of Alhambra palace in Granada, with fantastic handcraft, 14 m high ceilings, gold painted walls, etc. ... 4) The palace is in the same class than Bab Atlas property, sold two years ago for more than 70 million € to the Emir of Qatar. But this property was not in the heart of the Palmeraie and his former owner agreed himself that Bin Ennakhil Palace is incomparable. 5) Only very few people visited this property. No picture or movie can show the real exquisite quality of this monument. It needs really a visit. 6) For 5 or 6 million €, you can find some average properties in the Palmeraie (1 000 m2 on 1 hectare), with normal modern handcraft. 7) Bin Ennakhil would be a very exclusive investment as to purchase the Joconde, for a real art lover. The second is unfortunately not on the EFTA_R1_00427639 EFTA01956562 market ! Please let us know what kind of investment your principal would like to do in Marrakech or Morocco. Your target prices ? Private or business investment ? We would be happy to send you more offers. Kindest regards Marc LEON Managing Director KENSINGTON Finest Properties Marrakech Sarlau license partner of KENSINGTON Finest Properties International Exclusive affiliate of CHRISTIE'S International Real Estate Private Office Marrakech Avenue Yacoub El Mansour Arset Bata 3, App. 13, 50 et. Gueliz - 40000 - Marrakech (Morocco) M M=I www.kensinoton-morocco.com M ssa e d'origine De : [an Envo e : dimanche 15 se•tembre2013 17:20 A: Objet : Re: My principal is a serious person. Please provide other sale info of houses in the palmerai. We were just sent a hotel for less than 5. I don't understand. Sent from my iPhone On Sep 15, 2013, at 12:05 PM, wrote: > Hi > You will receive a full answer in about 3 hours. Your contacts are mistaking. But I understand. It is impossible to know that this kind of monument is existing in Marrakech ! > Kindest regards Message d'origine EFTA_R1_00427640 EFTA01956563 > De: > A: > Objet: > Envoye: 15 Sept. 2013 13:32 > Hi Marc, > we have spoken to two arab princes with large houses in the palmerai. They asked if the price was fifty five. or more appropriately five or six. million. they both assumed that there was a typo in the price. > Sent from my iPhone > Envoyo depuis mon BlackBerry Wireless Handheld de inwi. EFTA_R1_00427641 EFTA01956564