Why invest in Morocco?

In January 2001, his majesty, King Mohammed VI initiated "Vision 2010" for Morocco's tourism industry, creating an extraordinary confluence between the accommodation requirements for the 2010 FIFA World CupT and the national program to create the infrastructure to host 10 million tourists in that same year.

Buy to Let

Moroccan property rental market is growing rapidly and shall continue to grow as more and more tourists, visitors are coming, more jobs are created therefore, more and more rental accomodation is needed to accomodate the labour, business and tourist market. Morocco is also on the world map now as media and tour operators are offering the destination at afforable prices. World Trade exhibitions and confrences taking place.

Capital Appreciation

The Spanish and the French have been purchasing Moroccan properties, now the UK and the gulf states have joined in. It is still possible to buy low in Morocco, especially the Tetouan and Tangier regions are underdevloped where infastructures are underway.There is a fantastic potential for capital growth potential in these areas.

Marina the golden mile has been dubbed as the next Purto Banus. The pundits are predicting 15 to 30% appreciation. Since last year the properties in morocco has gone up by at least 20%.

* Investment of $10 billion in infrastrcural developments and Plan Azure. Both plans are in full sway

* Tangier superport, Europe's biggest port, is being built by the Americans. Works underway

* The straits of Gibraltar tunnel from Tangier to Tarifa (Spain)

* Direct foreign investment coming in the country

* The biggest developers are moving in, the likes of Fadesa, Emaar and Nakhil

* Spain less than 9km

* Unspoilt Mediterranean beach coast with glorious 300 days of sunshine

* The region still in infancy. Prices still one third of neighbouring Spain

* Favourable tax regime. e.g no tax on rental income for 5 years. No IHT if passed on to a family

* Most off-plan properties-therefore benefit from small deposit and large appreciation

* 70% mortgage available subject to usual requirements

* Only three hours flight from major UK airports

* Open sky agreement signed therefore low cost airlines fly and cheaper fares

* High Quality and Prices still affordable

* Property hot spot

* In some region like Tetouan 60/40 building regulations therefore can not overbuild

* Fabulous Sports facilities, Golf Courses, Yachting, Tennis Clubs, Water skiing, Sailing, Scuba diving and Camel treks etc.

* Superb night life, restaurants, open air discos, casinos and more

* Luxurious life style at low cost

* Morocco is the next big thing