Top Overseas Property Investment. Investing in Morocco
Investment property in the North African state of Morocco has been available for foreigners to buy for a few years now, the developments are now starting to take shape and attracting more tourists as well as investors and developers. Property in the North African state of Morocco has been available for foreigners to buy for a few years now, the developments are now starting to take shape and attracting more tourists as well as investors and developers reaching the maturity of investment. With the support of the well-liked King of Morocco, Morocco became the most popular place for middle class, rich and famous immigrants, the developments feature golf and beach properties to rival much of what Spain has to offer, and flight times to the Mediterranean coast around three hours with low-cost airlines. Morocco is seen as a progressive and democratic nation with established legal and property processes, so with good legal advice, there should be no issues with buying there. Smart investors say it’s Morocco Time and hurry up before it will be late your place for investment is still waiting for you!
Morocco properties
Morocco is fast becoming a hotbed of investment opportunity and is amongst the fastest growing and most sought-after worldwide property locations.
Why invest in Morocco, what is so special about Moroccan property and the accommodation in Morocco?
- Mortgages available with 60%-70% finance available, which make it easier for people to finance a second/third… home in Morocco.
- World-class resorts (offering for example a golf holiday) are being developed offering excellent but-to-let opportunities
- English, French and Spanish widely spoken
- Rental occupancy of property in morocco reaching 85% in most peak seasons
- Favorable tax laws with incentives for investors - no property tax for 5 years & low capital gains tax
- Warm and sunny Mediterranean climate
- Investment Property: Lucrative year round rental potential
- Low cost of living - experience a luxury lifestyle at little expense
- Thriving economy and stable currency in Morocco (even during the economic crisis)
- The ‘open skies’ agreement has seen the arrival of cheap flights to morocco. Low cost airlines such as Easyjet, Thomsonfly and Ryanair announcing new routes with further routes planned
- Exciting Morocco Property growth (15-30% per annum)
- Morocco properties for sale are rapidly increasing in price, seize the opportunities now
- Morocco: villas of the rich and famous (The Beckhams, Jude Law, George Clooney and Brad Pitt )have recently visited and bought