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Property in Morocco - 20 reasons

This is a discussion on Property in Morocco - 20 reasons within the Property in Morocco forums, part of the Morocco Travel Forums category; 1. Low cost of living - experience a luxury lifestyle at little expense 2. Low property prices, 50% less than ...

  

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Old 12-09-2008, 11:54 PM   #1
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Cool Property in Morocco - 20 reasons

1. Low cost of living - experience a luxury lifestyle at little expense
2. Low property prices, 50% less than most other European resorts
3. Booming property market with high capital growth potential
4. Between 0% and 20% tax on any capital gains
5. 0% Inheritance tax to family
6. No annual property tax for first 5 years
7. Rental occupancy expected to reach 85% most years during peak season
8. Mortgages available
9. Vision 2010 aims to increase tourism and improve the infrastructure, achieving a projected increase in tourism of 10 million visitors per year by 2010.
10. Increased tourism generated by the Vision 2010 project due to create a huge demand for rental accommodation
11. Vision 2010 is providing new roads, marinas, trains, 5 star resorts, shopping malls, beach clubs
12. “Open Skies” policy, activated on 1st January 2006, allows low cost airlines to service Morocco and create competitive fares
13. Yacht club and berth fees of under £27/month
14. Safe investment – notary supervised property registration similar to that of France and Spain
15. Beautiful sandy beaches
16. Stunning golf courses, tennis clubs, riding clubs, waterskiing, sailing, scuba diving, hunting, hiking, camel treks and culture.
17. Mediterranean climate - hot summers and mild winters
18. French, Spanish and English widely spoken as well as traditional Arabic
19. Sight seeing and rich Moorish cultural experiences
20. Emerging market backed up by strong tourism and low flight times.
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Old 12-10-2008, 12:57 AM   #2
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Yes Morocco has many advantages such as those you mentioned in addition to many others which would make it a very good tousristy destination . what it lacks actaully is advertisement because many people especially in the USA don't know much about Morocco.
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