MOROCCOReasons Why Morocco Is An Intelligent Property Investment Location
- Low cost of living - experience a luxury lifestyle at little expense
- Booming property market
- Between 0% and 20% tax on any capital gains
- 0% Inheritance tax to family
- No annual property tax for first 5 years
- very high Rental occupancy
- 70% mortgages available
- Huge project (Vision 2010) to increase tourism backed by King Mohammed and the UAE. Aiming to improve infrastructure and increase tourism by 10m visitors per year.
- Increased tourism generated by the Vision 2010 project will create huge requirement for rental accomodation
- Capital growth around 15% - 30% based on last year figures (30% Homes Overseas Magazine)
- Vision 2010 to provide new roads, marinas, trains, 5 star resorts, shopping malls, beach Clubs
- Open skies policy activated on 1st Jan 2006 will allow low cost airlines to service Morocco and create competition lowering fares.
- Safe investment Notary supervised property registration similar to France & Spain
