|
|
Buying Property In Morroco
Morocco. Situated on the north eastern coast of Africa and bordered by the Atlantic Ocean and the Mediterranean Sea, it’s a fascinating mix of lavish experiences. From the snow-capped Atlas Mountains to the Sahara desert, from the spice souks of Marrakech to the sandy beaches of Agadir, Morocco offers something for all.
The Straits of Gibraltar separate Morocco from Southern Spain. Morocco is a fascinating mix of French colonialism and Arabic culture. The capital is Rabat, but other cities are far more famous – perhaps none more so than Casablanca - the biggest city and economic centre, followed by Marrakech, the tourist hub, vibrant Tangiers and Fez.
There’s so much for you to discover in Morocco: long, golden sandy beaches, the Atlas Mountains, snowfields and the deserts of the south. You can wander around Roman ruins, imperial cities, elaborate mosques, ancient tombs and explore French and Spanish colonial relics.
Morocco is probably most famous for its souks, or markets. Here you can barter away to your heart’s content for every kind of handicraft. As well as shopping, you can enjoy so many more activities in Morocco: trekking, skiing, riding, fishing and a whole range of water sports including sailing, yachting, windsurfing, surfing, swimming, white water rafting, kayaking and diving.
Morocco also has a wonderful moderate climate, cooled by breezes off the Mediterranean Sea and Atlantic Ocean. Marrakech, for instance, has an average winter temperature of 21ºC (70ºF) and 100°F (38°C) in the summer. While in the interior, the temperatures are more extreme, with fairly cold winters and extremely hot summers.
10 good reasons to buy a property in Morroco
- Marrakech appeared in Channel 4’s list of the top 20 locations to buy abroad in 2006 ahead of Dubai and the French Riviera.
- King Mohammed VI is giving incentives for new investors and developers to build hotels and holiday homes in Morocco. The King’s Plan Azur 2010 includes the creation of a number of new tourist developments on Morocco's Mediterranean and Atlantic coasts.
- These will be built over the next five years and will include brand new complexes with golf courses, five star hotels, beach clubs, marinas, convention centres, riding clubs, spas and stunning apartments, townhouses and villas.
- The King’s plan is also to have the infrastructure in place for ten million tourists by 2010. New seaside resorts, shopping centres, four lane roads, railway stations and high speed trains, bus stations and a new international airport are all being built to accommodate these extra tourists and overseas homeowners.
- An underground tunnel between Morocco and Spain is planned to be completed by 2010.
- The Moroccan Government is offering a variety of tax incentives to UK buyers including 0% tax on rental income for the first 5 years, 0% capital gains tax (if profit is under £40K or after 10 years of ownership), 0% inheritance tax and 100% repatriation of funds when you sell.
- A number of articles in the real estate media have been predicting that properties in Morocco will rise in price anywhere from five to ten times over the next five years.
- Morocco now has an ‘Open Skies’ flying agreement with the EU which means that cheap European flights are now operating to the country. Low cost carriers are predicted soon.
- With a flight time from the UK of around three hours Morocco is easily accessible, even for just a long weekend!
- Morocco has developed a very distinguished form of tourism. Exclusive developments at places like Tamuda Bay combine the best Mediterranean beaches and outstanding golfing opportunities.
Renting out your property in Morroco is easy and we can help you every step of the way
|
|
Featured Properties
|
|
|
|