Morocco property market Property investment in MoroccoSome of the key facts that make Morocco property investment an attractive proposition are as follows: - Morocco property prices are 50% less than other European resorts
- Low cost of living in Morocco - experience a luxury lifestyle at little expense
- Booming Moroccan property market
- Between 0% and 20% tax on any capital gains on sale of Morocco property
- 0% Inheritance tax to family
- No annual Morocco property tax for first 5 years
- Rental occupancy reaching 85% most years during the Peak Season
- Vision 2010 to increase proposed tourism and implemented by King Mohammed VI to increase tourism by 10m visitors per year by 2010
- Increased tourism generated by the Vision 2010 project will create huge requirement for rental accommodation in the Morocco property market
- Moroccan property market growth predicted to grow around 15% - 30% based on last years figures
- 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
- Mediterranean climate - Hot summers and mild winters
- Costa del Sol is just 30 minutes away by hydrofoil from Tangiers
- Accessible (Tangiers) via ferry and regular flights
- Large foreign investment from major developers from all around the world contributing Billions into Morocco i.e. The Azur program consisting of 6 major resorts.
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