Morocco Overview
Morocco represents an anagram of different cultures/civilizations and boasts of being one of the most picturesque countries on the planet. Located in the Northern half of the African continent, this paradisiacal country is in close proximity to Europe and the Middle East, which enriches the Moroccan landscape with different traditions and cultural wealth from three different continents.
The coastal backdrop and miles of unspoilt sandy beaches add to the glory of this African Kingdom. Thanks to its natural riches, the country commands the place of pride among world’s who cut across different trades. No doubt, a nation with tonnes of natural beauty and a willing government is bound to be a global real estate powerhouse.
10 Reasons to invest in Morocco
- Low cost of living - experience a luxury lifestyle at little expense.
- Booming property market.
- 0% inheritance tax to family.
- No annual property tax for first 5 years.
- Rental occupancy reaching 85% most years during the Peak Season.
- 70% mortgages available.
- Huge projects to improve the infrastructure and increase tourism by 10 million visitors per year
- Increased tourism generated by the Vision 2010 project will create a huge requirement for rental accommodation.
- Capital growth around 15% - 30% based on last year figures (30% Homes Overseas Magazine).
- Safe investment – Notary supervised property registration similar to systems in France and Spain