Morocco Property

Over the last 5 years Moroccan property has become a rapidly converging market with outstanding potential for opportunist investors. Never before has there been such an influx of interest from buyers wanting to purchase property abroad since the Spanish real estate boom.

However we know that is now saturated with higher property prices and little reward on investment, Morocco’s property boom has just begun and its times like these that you want to get on in the action, as prices obviously will not be the same. And when I say not the same, iam talking of outstanding annual capital gains of 35% +

If you require excellent capital growth and an opportunity for significant income then Morocco can offer you great rewards with little risks attached.

If you are toying with the idea of investing in overseas property you should consider Morocco as one of your first choices, and here is some concrete facts as to why you should:

• Currently Morocco property investment is creating capital gains exceeding 35% per year.
  
  
• Capital growth is long term due to other economic factors such as an increase of airlines now flying to top destinations within Morocco such as Marrakech at very cheap rates.
• The Moroccan government is injecting more than 12 billion Euros into the tourism sector to increase the number of holiday makers by a few million each year.
  
  
• The increase in tourism has created an influx of demand for property, especially property for rent such as Marrakech riads, Morocco villas and Morocco apartments
  
  
• You can not only make outstanding yearly capital gains with little risk ,but also supplement this with a significant income from the “buy to let” sector.
  
  
• If you are looking for property that’s a fraction of the cost of European property for instance, and has high capital gains then Morocco offers you excellent investment opportunities.
  
  
• The Moroccan property market has just spurted growth and has been forecasted to continue growing steadily as other economic factors back these statistics.
  
  
• Since it’s independence in the 1950’s Morocco has enjoyed stable economic and political climate up until now and has been forecasted to continue rapid economic growth due to the projected funding from the government.
• Moroccan property is up to 50% cheaper than its European counterparts.
  
  
• Taxes are considerably low. Capital gains tax is set to a maximum of 20% with no taxes on inheritance and annual property tax for the first 5 years.
  
  
• Up to 75% mortgages are available to overseas investors/
  

Morocco just a stone throw away from Europe is situated in amongst the big players of the property market, or should we say once were the dominate forces in overseas property namely in Spain, Italy and France. However with Morocco now developing and being funded with billions of Euros each year to upgrade the tourism sector, never has there been a sought after destination to purchase your overseas property.

Morocco is a unique country with micro climates, 2 sea fronts of the Atlantic and Mediterranean Ocean, the Sahara desert, the Atlas Mountains and a wealth of beauty in-between. With excellent weather all year round and a democratic system, Morocco is favorably attracting foreign investors away from property markets in Dubai and Spain to name a few.