EFTA00849574.pdf

From: "jeffrey E." <[email protected]> To: Marc Pro <1 Subject: Re: Bin Ennakhil Date: Mon, 03 Aug 2015 05:27:40 +0000 marc, thank you for your attention and time, I sincerely appreciate the effort. . I am looking at another property , Im sure you will hear about it.. it is also very beautiful , and as i suggested last time, less than 20m . I am happy that mr kiss does not need the money as I am confident that he will never get anywhere near his asking price.never In addition with the king not well, and uncertainty for the future , the only buyers at this level , are arabs, who want more modem, and more bedrooms. . Mr kiss will eventuallly need to decide the market is the market I feel badly for him as i know how much work and money went into the project.. times have changed. one terrorist incident and the house is worth 5 m at most. On Mon, Aug 3, 2015 at 1:15 AM, Marc Pro < > wrote: Dear Jeffrey, I hate failing. You probably too and still have an eye on Bin Ennakhil. I went for this reasons to Marbella and had a long talk with Mr. Kiss. - He is aware about the enormous qualities and rare defaults of his property. - He knows how much he invested and that it would be impossible to redo today such a palace with 14 m high ceilings and all this handcrafts for less than 40 million, or may be more. - He has no money need. But - The two last written offers didn't succeed. One was canceled for economic reasons by the potential buyer, the second was denied by Mr. Kiss and his bank. - Mr. Kiss does not want to spend time in Morocco to supervise the renovation and other constructions in his property. - You are the first real art lover who has the right feeling for this palace. For all these reasons, I got the authorization to reduce the price at 40 million net for Mr. Kiss. We decided also to start a new advertising campaign in September, at the unchanged price of 55 million. EFTA00849574  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) Tel.: Fax: Cell: Cell: www.kensington-morocco.com please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00849575