EFTA02312782.pdf

From: 1 <jeevacation@gmail.com> Sent: Wednesday, January 2, 2019 4:22 PM To: Karyna Shuliak Subject: Re: Marrakech Property alex. thank you very much , hope you had a nice holi=ay. We were told that an offer had been accepted in the low =0s by another buyer. . We think a price between 15 and =0 would be as high as we would go. and that would include all taxes. 40=A0 we calcualted that at least 5- 10 m would be needed and 18months =o finish the guest , redo plumbing electrical and infrastructure.40=A0 which frankly appeared quite old. If your other offer falls throu=h. please contact me. otherwise thank you very much for =our time.. We understand sellers can sometimes be stubborn , but t=ere is a reason that this has been on the market for so long without a sal=. happy new year On Wed, Jan 2, 2019 at 10:52 AM Karyna Shuliak ‹ > wrote: Begin forwarded message: From: Alex Pet= ea» Date: January 2, 2019 at 10:17:35 AM EST To: Ka= na Shuliak «mailto <mailto > Subject: Re: Marrakech Pr=perty Dear Karyna Hap=y New Year. I thought I would check you well rece=ved all the photos and information I sent through and wondered if there wa= any feedback? All the best <=iv>Alex Alex Peto Partner4=ont> EFTA_R1_01201689 EFTA02312782 (0ffice) C*229 (Maros Cell) (UK Cell) www.kensingtonmorocco.com <http://www.kensingtonmo=occo.com/> Find us on Facebook <https://www.facebook.com/kensingtonm=rocco/> I Instagram <https://www.instagr=m.com/kensington.morocco/> l Twitter <https://twitter.com/kens_properties> <=pan style="font-size:12ptfont-family:"Times New Roman",serif"= Private Office Marrakech</=iv> 1st Floor, Imm EI=Pacha 67 Rue Ibn=Khaldoun, 40000 Marrakech wrote: Dear Karyna It was a pleasure to meet you and show you=some properties during your visit to Marrakech. Below is a brief synopsis =f each of the 3 properties you saw. Bin Ennakhil = the asking price remains at 55m euros but as discussed this price is nego=iable and we had it under contact last year but due to health reasons the =urchaser had to pull out. I now believe an offer circa 35m euros would be =cceptable. This property is unique and will never be able to be recreated,=it is a work of art or a monument as much as fabulous property. =br> Dar Olfa - like Bin Ennakhil the asking price remains at 65m=euros and was also under contact last year but due tax reasons the deal di= not go ahead - it is likely a figure around 40 - 45m euros would be accep=able. The only comparable recent sale was in this compound known as Bab At=as and was the sale of the largest property there for a reputed 100m euros=to The Emir of Qatar. Ksar Swari - also located i= Bab Atlas with an asking price of 30m euros is less negotiable. This prop=rty is owned by the developer of the whole project and as you saw has some=wonderful workmanship with hand carved cedar ceilings and beautiful garden=. As it is lived in most of the year it has a much warmer or homely feelin= to the all the others you saw. The very high end=property market in Marrakech is as expected a tiny part of the market and =here are no comparable sales since the purchase by the Emir however right =ow AU Bongo from Gabon and Al Nahyan family of Abu Dhabi are both buildin= palaces which will cost over 40m euros each. Nor=ally when purchasing a property in Morocco one should add approximately 10= to the purchase price spilt 6% in government taxes, 1% Notaire fees and 3= real estate agency fees however in the case of Bin Ennakhil for example a= the property is owned by a company in Lichtenstein there are no governmen= taxes to be paid in Morocco. 2 EFTA_R1_01201690 EFTA02312783 I am sending v=a wetransfer more pictures of Bin Ennakhil, Ksar Swari and Dar Olfa and yo= have the PDF brochures for each property. = look forward to hearing from you and of course I remain at your disposal =hould you have any more questions. Kind regards</=iv> Alex </=iv> Alex Peto Partne= (Office) (Maroc Cell) =UK Cell) www.kensingtonmorocco.com <http://www.kensingtonmoroc=o.com/> =C24e Find us on Facebook = Instag=am <https://www.instagram.com/kensington.morocco/> I Twitter <https://=witter.com/kens_properties> aspan> Private Office Marrakech=u> 1st Floor, Imm El Pacha<=div> 67 Rue Ibn Khaldoun, 40000=/div> Marrakech Morocco cunknown.png> Please consider the environment before printing this email. 4,=A0 Th=s e-mail may contain confidential and/or privileged information. If you ar= not the intended recipient (or have received this e-mail in error) please=notify the sender immediately and destroy this e-mail. Any unauthorized co=ying, disclosure or distribution of the material in this e-mail is strictl= forbidden. •=A0 please note 3 EFTA_R1_01201691 EFTA02312784 The information contained in this commu=ication is confidential, may be attorney-client privileged, may cons=itute inside information, and is intended only for the use of the addre=see. It is the property of JEE Unauthorized use, disclosure or copyi=g of this communication or any part thereof is strictly prohibited a=d may be unlawful. If you have received this communication in error, pl=ase notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, a=d destroy this communication and all copies thereof, including all a=tachments. copyright -all rights reserved 4 EFTA_R1_01201692 EFTA02312785