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New 5 star luxury gated development in a prime location in Hurghada city centre.
Apartments from only £19,964 to £60,000 Easy Payment Plan More »
WHY BUY PROPERTY IN MOROCCO
With miles of un-spoilt beaches & the same warm, sunny days experienced by other Mediterranean resorts, the attraction is clear from the outset.
As
is so often the case with developing countries tourism is providing
a huge draw both in foriegn visitors, currency and investment.
Morocco's proximity to Europe and the low flying times has encouraged
the low cost airlines to establish services to Morocco (Easyjet
for example) and this will only encourage more visitors and more
investment in holiday homes and property in general.More...
Morocco has a free market economy that has grown by an average of 4% a year since 1983. The government has adopted a proactive privatization creating opportunities in the telecommunication, utilities and automotive sectors.
Morocco enjoys financial stability and economic reform is firmly
on the Government's agenda. The Moroccan Government is keen to
attract foreign investment and sub-contracting and has provided
a number of incentives to encourage foreigners to invest. Foreigners
may invest in any sector available to Moroccans. The Investment
Promotion and Protection Agreement and Double Taxation Agreement
allow for the protection of existing and future investments.
Why Buy Property in Morocco
- Property prices 50% less than other European resorts
- Low cost of living
- Beautiful Golf Courses, Tennis Clubs, & Riding Clubs
- Mediterranean climate
- Yacht club & berth fees for under £27/month
- 10 year build guarantee (similar to NHBC)
- French, Spanish & English widely spoken as well as traditional Arabic
- Costa del Sol is just 30 minutes away by hydrofoil once past the border
- Moorish culture at its best
- Enjoy a luxury lifestyle for very little!
The Financial Benefits of Buying Moroccan Property
Morocco offers some very encouraging financial benefits which makes it a highly attractive prospect for purchasers:
- Low property taxes
- Safe investment – Notary supervised property registration similar to France & Spain
- Easy repatriation of investment should you re-sell in the future
- Only 20% tax on any capital gains
- Property market booming – average rises of 15% per year achievable
- Rental occupancy reaching 85% most years during the Peak Season
- 70% mortgages available with current 7% mortgage rates
There is also a three year exoneration for the first three years the property is owned.
Mortgage Calculator
How much that dream property or investment property will cost? Click here to use our handy mortgage calculator to work out your payments.
Shared Ownership
Rising prices have meant that people wanting to own a holiday home in Spain are finding it harder to raise the finance. Shared ownership could be the answer. Unlike timeshare, you actually hold Title Deeds and own a percentage of that property.... More »