The UAE-based developer Green Valley International Real Estate has launched projects worth a combined AED620 million ($168.8m) in Morocco and Bosnia.

Close on the heels of completing projects in the Emirates and Turkey, the company has announced the City of Green Valley Marrakesh project, worth AED500 million ($136.1m). The 410,000sqm project comprises 350 villas and is located around 11km from the city centre. It offers facilities such as a swimming pool, health centre, spa, sports complex, shopping centre, restaurants and mosques.

Green Valley has also launched the AED120 million ($32.7m) Green Valley City project in Sarajevo, located at Vogosca on one of the highest peaks in the city. The 73,000sqm project is Green Valley’s first foray in Bosnia, and consists of 106 independent villas and 224 apartments.

The launch of the two projects is part of Green Valley’s plans to offer GCC nationals the opportunity to invest in properties outside the region.

“We are privileged to announce two new iconic projects in Marrakesh and Sarajevo, which offer an excellent growth potential for investors looking for substantial return on investments. Both are luxury projects that offer amazing investment opportunities,” said Ali Saeed Al Salami, owner of Green Valley Real Estate.

Green Valley’s previous projects include the Bursa Boulevard, Sapanca Villas and Yelwa Villas developments in Turkey.