Morocco
Morocco is in many ways a country apart. It nestles on the northwestern tip of Africa, separated from the rest of the continent by the towering Atlas Mountains and by the Sahara itself.
Its climate, geography, and history are all more closely related to the Mediterranean than to the rest of Africa, and for this reason visitors are often struck by the odd sensation of having not quite reached Africa in Morocco. In the north, its fine beaches, lush highland valleys, and evocative old cities reinforce this impression. Yet, as one moves south and east, into and over the starkly beautiful ranges of the Atlases, Morocco's Mediterranean character melts away like a mirage.
With Morocco being backed by an ambitious government and King Mohammed, tourism is being targeted to reach 10 Million annually by 2010 support by ever increasing low cost flights direct to the country Morocco is has been an idle investment for the rich, famous and smart overseas property and real estate investor and buyers.
Morocco is a currently a unique location for overseas property and real estate buyers and investors and offers the opportunity to purchase overseas property and real estate early in an emerging property market at prices very favourable to most other destinations. Morocco is starting to offer security for property buyers and investors with tourism already improving and set to boom by 2010 and the overseas property rental market already offering around 85% occupancy rates during the high season, Morocco offers a safe arena in which to purchase and invest in property.
Morocco has a booming overseas property and real estate market and with tourism hugely increasing each year, Billions of pounds being spent on the infrastructure, Low cost flights and with a strong rental market Morocco has so much to offer to investors.
Why Invest In Overseas Property & Real Estate In Morocco
- Mediterranean Climate.
- Costa del Sol only 40 minutes away by ferry.
- Low cost of living.
- Property prices nearly 50% cheaper than European countries.
- High Capital Appreciation expected on Property Growth
- Miles of white sandy beaches.
- 10 year structural guarantee similar to European countries.
- Golf Courses with green fees a fraction of price.
- Tourism to be increased to 10 Million per year by 2010.
- Property Rental occupancy rates around 85-90% at peak times.
- Government spending large amount of money on local infrastructure.
Key Facts
Capital:Rabat
Money:Moroccan Dirham
Language:Arabic
Flight time from UK:3 hrs
2006 property Growth:23%
Potential Rental Yields:7-8%
