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  Morocco Intro

Property in Morocco is now becoming one of the world's leading luxury emerging markets. One major reason is the excellent price that luxury property can be purchased for during this era of major development and construction. High build quality and low cost makes the Moroccan real estate market a very appealing opportunity for investors. In addition, the Moroccan government has recently made it more trouble free and appealing for foreign investors to own and profit from real estate in Morocco. Keen worldwide investors are beginning to take notice of the new government initiatives that are successfully improving the infrastructure and tourist economy which are creating an exciting new emerging market. Today, Morocco is a forward-thinking and safe country to invest in.

Economic Overview:

  • Property prices less than other European resorts.
  • Morocco is a free market economy and allows free movement of money.
  • Live a luxury lifestyle at small expense.
  • Safe investment as property registration is notary supervised (similar to systems in France and Spain).
  • Thriving property market, and appears to continue to for a significant time.
  • Open Skies policy allowed budget airlines to service Morocco and create competition thus lowering fares.
  • 0 per cent inheritance tax to family.
  • Capital growth about 15 to 30 per cent (30 per cent reported by Homes Overseas Magazine).
  • No annual property tax for first 5 years.
  • Vision 2010 project to better infrastructure and boost tourism by 10 million visitors per year, including marinas, beach clubs, 5 star resorts, shopping malls, trains and new roads.
  • Vision 2010 project to increase tourism thus creating a huge need for rental accommodation.
  • Rental occupancy is currently about 85 per cent in peak season and is expected to rise as the Vision 2010 tourism project carries on.
  • Mortgages available.


Natural and Cultural Overview:

  • The Mediterranean climate brings hot summers and pleasant winters, allowing for year-round tourism.
  • Stunning beaches with crystal clear water.
  • Spectacular golf courses, tennis and riding clubs, sailing, waterskiing, scuba diving, hiking, camel treks, and even hunting.
  • English, Spanish, and French widely spoken among traditional Arabic.
  • Morocco is easily accessible via Tangiers by helicopter, ferry and on routine flights to Casablanca, Agadir and Tangiers.
  • Opportunity to experience Moorish culture.
  • Costa del Sol is just 30 minutes away from Tangiers by hydrofoil.
  • Fantastic site seeing available; from golden beaches to snow capped mountains, from ancient cities to lively Medinas.
 

 

 

Property Development Search
 

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Colina Smir

Compass properties and property developers offers prospective buyers an ideal opportunity to buy properties in Tetouan, Morocco, direct from the developer. Colina Smir offers luxury apartments...

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