Why Invest in Morocco Property

Morocco is serious about tourism as the country’s primary export for the future. The Moroccan Government has embarked on a national tourism strategy that aims to increase the number of foreign visitors from 2.2 million currently to 10 million by 2010. Under “Vision 2010”, the Moroccan Government has guaranteed to provide the necessary infrastructure to connect coastal resorts with the rest of the country and Europe by constructing 1,000 kms of new roads, increasing internal and international flights, and developing new regional airports. Morocco now has an ‘Open Skies’ flying agreement with the EU which means that cheap European flights are now available. As a result, the property market in Morocco is just starting to boom and provides an outstanding investment opportunity.

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Why Invest in Property in Morocco

Low Cost

Property prices are significantly lower in Morocco than other resorts. Extremely spacious and high specification apartments and villas can be up to 50% cheaper than the equivalents elsewhere in Europe. The low cost of living in Morocco also allows the investor or home buyer to experience a luxury lifestyle for little expense.

Low Taxes

Income Tax – no tax is payable on rental income for the first 3 years of ownership.
Capital Gains Tax – no tax is payable if the property is sold after 10 years of ownership. If the property is sold between 5 and 10 years of ownership, tax is charged at only 10% on gains of over 1m Dirhams.
Inheritance Tax – no tax is payable should the property be left to a family member.

High Growth

Annual capital growth of between 15% and 30% is expected based on last year’s figures. 30% according to Homes Overseas Magazine. A huge attraction for the astute property investor.

Rising Tourism

Tourist trade is forecast to double by 2010 to 10m visitors a year, under the government’s Azur Program initiative and Vision 2010 project. Infrastructure is seeing huge improvements including new roads, airports, marinas, train lines, 5 star resorts, shopping malls and beach clubs to name but a few. All this is backed by His Royal Highness King Mohammed VI in his efforts to create favourable investment conditions for foreign investors. This will drive a huge requirement for rental accommodation which is already at 85% occupancy in the high season.

High Accessibility

Most Moroccan resorts are only 2.5 hours flying time from the UK. The Open Skies policy launched on 1st Jan 2006 allows low cost airlines to service Morocco and create competition, thereby lowering airfares and increasing accessibility to Morocco for tourists and homebuyers alike. Easyjet and Ryanair are already flying from London to Marrakech and in addition Ryanair also fly to Fez from London and to Oujda (for Saidia) via Marseille from Glasgow, Dublin and London.

We are currently promoting a large number of Moroccan properties to suit every taste and budget in the following key property investment areas of Morocco. Click on the thumbnail images below to see each of our recommended Moroccan property developments:

Saidia property morocco
Tangier Properties
Real Miraflores
Village de Sport
Tanger Boulevard
Property in Marrakech
Marrakech Riads
Property in Tangier


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