The Rocksure Property Bravo fund has just bought a new property in Marrakech as its approaches its final closing.
Its purchase is a 700sqm villa near the Moroccan city, adding to properties it already owns in Colorado, Portugal and Croatia. The fund, which has so far raised around £5m, also plans to buy villas in Brazil, and Thailand. Property Bravo invests in luxury villas around the world averaging in £1m. Investors are allowed to stay in the properties for up to four weeks per year for each unit they hold in the fund. At the end of its seven year life, the properties are sold and investors partake in any capital appreciation. Investment is set at £189,000 for a full unit £141,750 per three-qua...
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