So close to Spain yet a world apart, developers and investors are falling under the spell of Morocco’s exotic culture, glorious beaches, fantastic weather and convenient proximity to Europe. With even King Mohammed VI backing a drive to bring in the foreign punters, Morocco is firing on all cylinders  

Morocco Property Investment

Morocco is believed to be one of the best options available to you for real estate investment today. Property can be purchased in Morocco for a great deal less than in most other destinations and has the added benefit of having an already established and rapidly growing "buy to let" demand. Capital growth is expected to be considerable with estimates of between 15% and 30% being very common.

Reasons why property in Morocco is a good investment

• Property prices are currently very competitive.
• With the low cost of living, it is possible to experience a luxury lifestyle at relatively small expense.
• The property market in Morocco is currently booming and looks set to continue to do so for a considerable time.
• Capital growth is estimated at around 15% - 30%, based on last year´s figures ( Homes Overseas Magazine quotes the growth to be nearer 30%).
• Capital gains tax stands at between only 0% and 20%.
• Inheritance tax is not charged.
• Property tax is not charged during the first 5 years.
• Rental occupancy currently reaches around 85% during peak season and it is set to increase as the Vision 2010 tourism drive continues.
• 70% mortgages are currently available * Vision 2010 to provide additional infrastructure and new roads, marinas, trains, 5 star resorts, shopping malls, beach clubs, thus increasing visitors to the area.
• The Open Skies policy allows competition for Moroccano air routes. It will
  generate competition, increase services and dramatically lower air fares.
• Yacht club and mooring fees are under £27/month. These are turning even the most wealthy away from the more traditional ultra expensive Mediterranean resorts.
• Beautiful sandy beaches with crystal clear water.
• Stunning golf courses, tennis clubs, riding clubs, waterskiing, sailing, scuba diving, hunting, hiking, camel treks, culture attract all types of tourists and investors alike.
• The Mediterranean climate bringshot summers and mild winters, permitting
  year-round tourism.
• French, Spanish and English is widely spoken, as well as traditional Arabic.
• The Costa de la Luz is just thirty minutes away by hydrofoil from Tangiers.
• Morocco is easily accessed through Tangiers via helicopter, ferry or on regularflights to Casablanca, Agadir or Tangiers.