Morocco

MARRAKECH - MIRLEFT

Morocco is currently becoming one of the world’s leading emerging markets.

desert scene in MoroccoStrategically situated with both Atlantic and Mediterranean coastlines but with a rugged mountainous interior, it stayed independent for centuries while developing a rich culture blended from Arab, Berber, European and African influences. Morocco's Arabic name of "al-Maghreb" means the "farthest land of the setting sun." Morocco has often been described as an oasis of the senses, offering up the beauty of the Sahara Desert, the rugged yet lush Atlas Mountains, and the warm hospitality of its people.

Morocco is the largest silver market in Africa and the largest exporter of phosphate in the world. The economy is fast growing due to several factors however tourism is probably one of the strongest. Tourism numbers continue to increase due to the Open Skies initiative, inviting budget package airlines to extend their services to Moroccan airports. Low cost, direct flights are now available from most major cities in Europe, making Morocco an increasingly popular tourist destination. With the construction of quality new hotels and properties now in full-swing, morocco is well equipped to handle increased tourist numbers as well as to offer investors some potentially excellent buy-to-let options and high rental occupancies.

Property can be purchased in Morocco for a great deal less than in most other destinations and has the added benefit of having an already established and rapidly growing ‘buy to let’ demand. Capital Growth is expected to be considerable with estimates of between 15% and 30% being very common.

The ‘Vision 2010’ initiative has ear-marked 6 areas or resorts for major development and these will be the locations of most of the new property developments in the near future. Focus is on five star luxury facilities which are being brought about by an advanced infrastructure outside and within the resorts creating easier access to and from ports and airports to the resorts. This attracts increasing numbers of investors and second home buyers to Morocco.

Our Morocco Property Selection

MARRAKECH

Gardens of Fedala 1 Gardens of Fedala 1

The resort will be located 15 minutes from Marrakech airport on a site of 8 hectares. Orange trees, olive groves and rose gardens dot the area, giving a luxurious sanctuary-like feel to the resort. The resort comprises of two different types of unit of which there are 96 altogether, all villas will be situated around a spacious garden and pool area.…. Read more…

 

 

 

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 MIRLEFT

Gardens of Fedala 1 Gardens of Fedala 1

On a gently-rising hillside overlooking the ebb and flow of the Atlantic sits the Gardens of Fedala development. There will be 120 villas built to the highest standard, to include a choice of 2-bed villas with outdoor patio space, or 3-bed villas spread over two floors also with patio space and roof terrace. All can include an optional private pool. Read more...

 

 

 


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IMPORTANT FACTS ABOUT MOROCCO

Capital gains tax stands at between only 0% and 20%
Property prices are currently very competitive
Capital growth is estimated at around 15% - 30%
Inheritance tax is not charged
Property tax is not charged during the first 5 years
Beautiful sandy beaches with crystal clear water
French, Spanish and English is widely spoken, as well as traditional Arabic
Rental occupancy currently reaches around 85% during peak season and it set to increase
Yacht club and mooring fees are under £27/month
The Mediterranean climate brings hot summers and mild winters permitting year-round tourism


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For further information on all of the above properties please email us at info@ajpropertyeurope.co.uk

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