Morocco Property Investment
Why Invest in Morocco real estate?
Morocco property investment is becoming increasingly popular with international property purchasers because it offers a unique investment opportunity with outstanding capital growth prospects in the region of 15- 30% (Homes Overseas Magazine 30%).
The country's ruler king Mohammed VI has expressed a wish to make Morocco world class by attracting world class developers and advancing the infrastucture of the country to rival anything Europe has to offer.
- Huge project (Vision 2010) to improve the infrastructure and increase tourism by 10 million visitors per year, including new roads, marinas, trains, 5 star resorts, shopping malls, beach clubs.
- Increased tourism generated by the Vision 2010 project will create a huge requirement for rental accommodation.
- Safe investment - Notary supervised property registration similar to systems in France and Spain
- Low cost of living - experience a luxury lifestyle at little expense.
- 70% mortgages available.
- Tangier airport is in the middle of a multi-million dollar refurbishment program to increase its capacity in anticipation of an increase in tourist numbers.
- The Moroccan government is actively seeking and supporting property investors.
Morocco property investment allows investors to follow both the "buy to let" investment strategy and also the "pure investment" strategy. The Morocco real estate market is growing quickly as is its tourism trade creating huge requirements for rental accommodation which in turn opens the door for "buy to let" investors to generate solid rental yields. The investor looking purely for capital gains can potentially use Morocco as an investment vehicle.
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Morocco Real Estate
Morocco brims over with contrast, colour and mystery. It has a timeless quality that no longer exists in the modern world, a sense that the past with all its glory still lives on. You are plunged into a culture, a religion and a lifestyle utterly unlike anything that you have ever experienced before; a mystery tour of a land of endless surprises, enchantment and enduring fascination.
For some, the countries main appeal lies in the quality of its beaches. Morocco has always been a crossroads, the place where the East collides with the West, it also marks the merger of the Mediterranean with the Atlantic and this gives Morocco two strikingly different coasts.
Saidia is a coastal resort and is set to become one of Europe's greatest tourist locations. The white sandy beaches are superb and the sea is crystal blue, with over 17 beach clubs in absolutely beautiful surroundings.
The city is lively and the locals area easy going with a good assortment of bars, restaurants and shops. The area is ideal for all types of water sports, with a lovely bay providing a safe place for bathing and sailing.
The marina covers an area of 290,000sqm with 740 berths and every imaginable facility. Berthing costs can be as little as £300 per year.
The 3 new golf courses are set in 2,000,000sqm of land and the King of Spain is known to play golf there.
Foreign tourists are attracted by the traditional folk music festival every August.
The area is surrounded by a natural bird preserve of marsh and woodland, and access to the main beach is through a eucalyptus forest.
The weather in the coastal regions of Morocco is good virtually all year round and is very similar to the Costa del Sol with average summer temperatures of 35°C and winter temperatures as high as 22°C - perfect for renting out or visiting all year round.
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Tangier, also known as the White City, revolves around its brilliant import and export port and you are sure to see many millionaires' yachts where the Mediterranean and Atlantic Ocean meets.
The city is very popular with tourists and Moroccan holiday makers as it has beautiful beaches to entertain them. This beautiful city is energetic, very likeable, extremely individual and has an enduring peculiarity.
The beaches are a big attraction in Tangier with people enjoying camel rides, windsurfing, acrobatics and football. The beaches here have a number of beach bars that are only open in the summer. Most of them offer showers, deck chairs, food and drink and provide cabarets at night.
Tangiers newly revamped international airport is with 15 minutes drive of the new development here, the new toll road to Marrakech is nearby and so is the vibrant ferry port of Tangier, with its regular ferry crossings to southern Spain.
As well as a major overhaul, Tangier airport is also gearing itself up for the imminent arrival of low cost operator EasyJet, with many other bargain airlines expected to follow suit as Morocco's visitor numbers continue their meteoric rise.
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The beautiful city of Asilah is situated in the north part of morocco (south of Tangier). It is a very interesting blend of laid back and city, cultural and tourist, and all the lines that meet in between.
Asilah is today one of the beautiful seaside resorts on Morocco's Atlantic coast, especially the summer, with so many quiet beaches, Mediterranean architecture of the houses, museums and street-artists from around the world.
Asilah is a small fishing village whose history stretches back nearly 3,500 years. It is well known for its lovely beaches and natural harbour. Today it is a popular tourist destination, in part because of the aptly named Paradise Beach, a relaxing pace of life, and a series of cultural festivals that have made Asilah one of the great cultural centres of the Muslim world.
It is easily accessible from the nearby city Tangier by train or bus, which makes it a popular spot for tourists to take a few relaxing days to recharge after seeing the sights of a bustling tourist city Tangier.
Asilah's transformation into a cultural and artistic hub has once again restored it to a place popular to visit and important to the country.
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