Investing in Morocco

Morocco has recently seen a surge in foreign investment when it comes to the real estate market. Not only is the Moroccan real estate market offering the investors with prices half the amount when compared to the cities in Europe, certain policies like tax free rentals etc are making Morocco a hot spot amongst investors.

The recent consensus has shown that the real estate market in Morocco is slowly but steadily expanding, while many schemes offered by the government are boosting the market further. This is correct time for all the investors interested in morocco real estate to invest in the properties. As the tourism industry grows in morocco, what with the open skies policy and Plan Azure Vision 2010, the prices and rates of the properties in morocco are bound to increase by manifold. Timely investment will ensure that investors reap huge benefits and profits from their investments in the Moroccan properties. The real estate market will grow over 15% per annum, while the earnings and yields are bound to touch the double figures in percentage.

While the properties are still ample and prices within reach, investing now will definitely be the smartest thing to do. Experts predict that the prices in the real estate of morocco will see a continuous rise for the next four to five years, before slowing down in growth. At present it is estimated that a two or three bedroom apartment would cost you around 150,000 EUR, while a three bedroom villa can be bagged for 245,000 EUR approximately. Meanwhile, for those seeking for buying apartments, a square meter of area can be had for as low as EUR800. Last one year has seen the prices rise by almost 75%.

Even though the world is facing a big slump in economy and real estate markets especially, morocco is not affected by it at all. While the economy still faces a steady rise, the real estate markets are also becoming stronger by the day. Further, for investors, the new schemes promoted and more liberalized tax systems have ensured the rising interest of foreign investors in morocco.

Rental income in morocco has been exempted from all taxes for 5 years, while the investor does not require paying for the capital gains by selling a property after 10 years of its buy. Besides, properties sold within 6 to 10 years of their purchase will have to pay for 10% profits, while properties sold within 5 years of purchase will be required to pay either 20% profits or 3% of the total sales price. Some of the best cities enjoying the attention from the real estate investors happen to be Casblanca, Rabat, Fes, Marrakech and Tangier. Besides, acquiring loans in morocco is extremely easy. The interest rates vary from 5.5% to 6.5%, while about 70% of the property cost can be had as a loan.

As the tourism industry expands, the real estate market becomes more promising by each passing day. Invest now for an assured investment! When are you investing?

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Morocco Tourism

Where the dessert sways away the feet of the land, where coasts romances plains beside the horizon, where the colossal minarets apparently whisper the tales of culture, tradition and history in the ears of sky, where the sojourners are pampered with the moments of sheer bliss and where arts and crafts mark the cultural phenomena of the place - such is the invigorating atmosphere of Morocco.

The multicultural ethnicity offers a very conducive environment to the visitors where on one hand they can indulge in the ecstasy of emerald water while on the other feel the warmth of love at white sand desert, where they can see lush valleys challenging the peaks of Atlas Mountains. No wonder Morocco enjoys the charm of being one of the most frequented destinations of Africa in the itineraries of the globe trotters.

Morocco has had a glorious past where the original inhabitants of it, the Berbers, had to see the invasions of Phoenicians, Carthiginians, Vandals, Byzantines etc. It was only in the 682 AD when the Arabs arrived here that it saw several dynasties established by the Arabs. The history of Morocco is marked with a conflict between the Berbers and the Arabs. The territorial disputes of Morocco also form a strong foundation of country's history.

The fabulous history renders an authentic culture to Morocco. Being a Muslim country, the forbidden lines are never crossed. Wearing of ostentatious outfits is not allowed to the women in the country. Even the visitors here should be aware of this fact so as to enjoy a hassle free tour here.

The religious sentiments are thoroughly revered to by the citizens and especially during the month of auspicious Ramadan. Homosexuality may be the buzz of the modern world, but here it is a criminal offence. The sexual relationships outside marriage are legally punishable. But the conservatism of Morocco doesn't mean that it lags behind in modernity. Morocco, in its own way, is a perfect blend of contemporary fads and traditional culture.

The visitors to Morocco have enormous opportunities to soak themselves in the rapture of fun activities. It is very hard to resist the temptations of adventure sports of Morocco including trekking and hiking, walking to the Atlas Mountains, golfing, horse riding offered at the clubs, water sports that are a real attraction of the sun kissed beaches, skiing, and the four wheeler motor drives. These activities are more than enough to keep the travelers busy.

Travelers to the country cannot afford to miss to the tourist attractions of Morocco also. These attractions have secured a permanent place in the itinerary of the travelers. Some of them include the Koutoubia Mosque (mosque of the booksellers), Djemaa el-Fna, Dar Si Saïd Museum, Saadian tomb, Oukaimeden in Marrakech; Karaouine Mosque, Tanneries, Fez City Gates, Zaouia Moulay Idriss II in Fez.

Rabat shelters some of the best attractions of Morocco like Kasbah des Oudaïas, Palaces, Archaeological Museums, gardens, the citadel of Chellah, Hasan Mosque, Madina, Casablanca, Temara and many more. The popular places of Morocco that are on hit list of travelers are Asilah, Fez, Marrakech, Imil Gorges, Rabat, Tangier, Tineher, Merzouga Dunes and Zagora.

To have an experience of a lifetime a trip to Morocco is a requisite. So what are you guys waiting for? Just pack your bags, get your bookings done and there you fly for Morocco to have a platter of culture, tradition, art and craft, adventure sports, fun filled activities, heart throbbing destinations and scintillating tourist attractions.

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Exciting Places to Visit in Morocco

Although Morocco is a country of Africa, in many ways it is a country apart. It is more related to the Mediterranean than to the rest of Africa. It is mainly because of the fact that it nestles on the northwestern of Africa and is separated from the rest of the continent by Atlas Mountains and the Sahara itself. Being situated with both Atlantic and Mediterranean coastlines, mountainous interior, it stayed independent for centuries. However, the country have developed a rich culture blended from Arab, Berber, European and African influences. Morocco is an ethnically diverse country with a rich culture and civilization.

Tourism plays an important role for Morocco's economy. The mixture of the cultures that have come here through history has made Morocco an exciting place to visit. Beaches, museums, archaeological sites, historical places and monuments and art galleries are among attractions to visit. Being dominated by the mountains in the north, and by the desert in the South, Morocco makes sunning on the sandy beaches and trekking the high mountains available both.

Rabat is the capital city of Morocco. It has many historical monuments and some of Morocco's most important museums, due to its significant architectural heritage. The Doors of the Kasbah of Oudaïa, The Minaret of The Mosque Hassan (XIIe century) and the Necropolis of Chellah are among the best places to see in Rabat. Also Morocco's best archaeological museum, as well as the several ones , The Main Royal Palace and important learning institutions exist in the city. Rabat is a commercial and industrial city and play a major economic role for Morocco.

Casablanca has one of the largest artificial ports in the world. It is the major city in Morocco and the country's economic capital. It offers a lot of resorts and its many beaches attract surfers. As a landmark of Morocco, Mosque of Hassan II is the biggest and the most important mosque in North Africa. Its traditional Islamic and Arabic architecture is very important and is one of the most striking monuments. Also La Corniche, Quartiers des Habous, Palace Royal are places to see in Casablanca.

Marrakech is a commercial and touristic centre. It is a cultural destination. Djamaa El Fna - Square, El Badi Palace, Koutoubia Minaret & Koutoubia Gardens are charming places for tourists.

Essaouira has a beautiful beach and suitable place for windsurfing. Its festivals of Andalusian and Gnawa music, its medina, pleasant climate and the beaches attract tourists.

Ouarzazate, Tangier, Fez, Meknes are among major cities of Morocco.

Museums of Morocco such as the Dar Batha of Fez, the Oudaïa museum of Marrakech are appealing. They reflect the wealth of the Moroccan cultural heritage.

Markets of Morocco with carpets, statues in wood, and jewelry are charming. Morocco is described as a land of art and emotions. As a result, painters have always been interested in Morocco. Delacroix, Matisse, Torres, Miro, Francis Bacon and Edouard Degas are among these names who have been fascinated by charming local scenes.

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Morocco - Tourism the Top Priority?

The Moroccan tourism industry could soon benefit from a greater range of major attractions as the influx of large number of visitors has necessitated the need for infrastructure improvements, leisure facilities and recreational outlets. The government efforts to make the country's economy less dependent on the agricultural sector are paying dividends. Authorities in Morocco are keen to diversify and generate economic growth in a more long-term sustainable manner by boosting the tourism trade and aiming to boost annual visitor numbers to ten million by 2010.

Research by the UN World Tourism Organization (UNWTO) found that the number of holidaymakers in the country rose by 14 per cent last year. The North African country attracted 7.4 million foreign arrivals in 2007. Morocco is proving to be highly popular with European tourists as nearly three million hailed from France; 1.6 million visitors came from Spain and 419,000 British tourists last year. The tourism industry is now an important source of the growth of country's economy, and it has generated almost a tenth of its gross domestic product last year. The holiday industry generated income of £3.8 billion in 2007 which is 12 per cent more than during the previous year.

Morocco is considered as a good-value holiday destination. The "fabulous" weather, beautiful scenery, beaches and a relaxed pace of life has helped to make Morocco a hotspot for foreign leisure travelers and overseas property buyers. Furthermore, the statistics suggest that there is growing potential in the country's buy-to-let market, as increase in the number of foreign arrivals means that demand for holiday accommodation has gone up.

The main reason for the growing popularity of Morocco among holidaymakers and second home buyers is it is easily accessible with budget airlines while low living costs and ample areas of historical interest makes it an attractive proposition. The price of entering a holiday attraction in Morocco is 3 times lesser than that in Spain. Food and drink in Morocco costs lesser than that in European countries. Figures showed that on average, a pint of beer can be purchased for just 51p and in Spain it would cost £1.56 while a three-course meal is priced at just over £10 and in Spain it is £17.50.

This suggests that property purchase in Morocco could be a potentially lucrative move, as investors in rental accommodation could find themselves in line to benefit from good returns and potentially the proceeds of capital growth. The intensification of tourist-related construction in recent years has suggested that the country has become more and more popular.

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Investing in Morocco

Morocco has recently seen a surge in foreign investment when it comes to the real estate market. Not only is the Moroccan real estate market offering the investors with prices half the amount when compared to the cities in Europe, certain policies like tax free rentals etc are making Morocco a hot spot amongst investors.

The recent consensus has shown that the real estate market in Morocco is slowly but steadily expanding, while many schemes offered by the government are boosting the market further. This is correct time for all the investors interested in morocco real estate to invest in the properties. As the tourism industry grows in morocco, what with the open skies policy and Plan Azure Vision 2010, the prices and rates of the properties in morocco are bound to increase by manifold. Timely investment will ensure that investors reap huge benefits and profits from their investments in the Moroccan properties. The real estate market will grow over 15% per annum, while the earnings and yields are bound to touch the double figures in percentage.

While the properties are still ample and prices within reach, investing now will definitely be the smartest thing to do. Experts predict that the prices in the real estate of morocco will see a continuous rise for the next four to five years, before slowing down in growth. At present it is estimated that a two or three bedroom apartment would cost you around 150,000 EUR, while a three bedroom villa can be bagged for 245,000 EUR approximately. Meanwhile, for those seeking for buying apartments, a square meter of area can be had for as low as EUR800. Last one year has seen the prices rise by almost 75%.

Even though the world is facing a big slump in economy and real estate markets especially, morocco is not affected by it at all. While the economy still faces a steady rise, the real estate markets are also becoming stronger by the day. Further, for investors, the new schemes promoted and more liberalized tax systems have ensured the rising interest of foreign investors in morocco.

Rental income in morocco has been exempted from all taxes for 5 years, while the investor does not require paying for the capital gains by selling a property after 10 years of its buy. Besides, properties sold within 6 to 10 years of their purchase will have to pay for 10% profits, while properties sold within 5 years of purchase will be required to pay either 20% profits or 3% of the total sales price. Some of the best cities enjoying the attention from the real estate investors happen to be Casblanca, Rabat, Fes, Marrakech and Tangier. Besides, acquiring loans in morocco is extremely easy. The interest rates vary from 5.5% to 6.5%, while about 70% of the property cost can be had as a loan.

As the tourism industry expands, the real estate market becomes more promising by each passing day. Invest now for an assured investment! When are you investing?

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My Moroccan Adventure - How I Fell in Love in Morocco

My Moroccan adventure started out as a man in search of love. My friends and family have a hard time understanding the lengths to which I will go in my search for the ideal mate. It all started in May of 2006 when I broke up with my ex-wife. This was the second time we had split up in 2 years. However, this time was different and I just felt the need to move on so I began my search during this separation where else but the internet. And that is where I meet Hajar. In my first communication with hajar she did something that I really liked and appreciated, she gave me her phone number. I really like phone conversation and believe it or not I didn't even add text messaging to my phone until 2010.

I remember the first phone call and she said to me that she was in the car and could I call her later. At that moment I could not imagine her in the car or what type of car she was in etc. But after my first trip to Morocco I could imagine her in the car and I could remember clearly some of our very special moments together in the car.

I meet Hajar in the summer of 2006 and at that point in my marriage it looked as though we were definitely headed for a divorce. I spoke with Hajar quite often throughout that summer and got to know her very well. I don't remember exactly when but at some point in the fall of 2006 I made arrangements to visit Hajar for the first time right after the Christmas holidays. It was around this time that I decided that I needed to file for a divorce. I hold already told Hajar that I was still married and she was very understanding and still wanted me to come and meet her and her family.

So off I went and this is where my Moroccan adventure begins. I flew out of JFK with a small layover in Amsterdam. The cost of a coach flight from the New York Metro area ranges from $800.00-$1200.00 depending upon what time of year you travel so check the internet for the best prices from your area. Our services include an English speaking tour guide as well as food, lodging and transportation. Prices vary depending upon your taste. See our web page located below.

Now let's continue. I remember landing in Casa Blanca and just being overtaken by fear. My friends and family had told me that I was crazy for traveling oversees to meet a woman. After all couldn't I find a decent woman right here in the US. And what if they were right and then I really began to have doubts. I mean I didn't know Hajar or her family and I was about to get off the plane and enter a country that I was unfamiliar with and I couldn't even speak the language. But it was too late for all of that now so I de-boarded the plane and let my adventure begin.

Hajar was waiting there for me at the airport with her father. I didn't know what our plans were but I would soon find out. The airport at Casa Blanca has a train that links directly to it from the city so we purchased our tickets and boarded the train to head off to our destination. We were on our way to Mirit which at this point I was unaware of. Morocco is a Muslim country and I am Muslim. However, I am an American Muslim and I am not accustomed to the entire country shutting down for the EID. So as I would find out we were in a mad race to get back to Mirit which was 6 hours away.

The train ride from the airport at Casa Blanca to the city of Casa Blanca is about 45 minutes. From there we would catch a train to Meknes which is about 3 hrs away. The train ride was pleasant and we were both happy to finally meet. When we got off of the train in the city of Meknes we walked outside of the station which appeared to me to be dark and desolate. Her father stepped away leaving us alone for what seemed like an eternity and at that moment fear overtook me and I realized that if these people had malice in their hearts and some sort of sinister plan in mind then this would be their perfect opportunity. Upon her father's return she looked at me and translated these exact words-My father has found a car to take us to Mirit and he says that you look Moroccan so don't speak because if you do they'll know you're a foreigner and they'll want more money. All three of us entered the back seat of an older Mercedes Benz sedan diesel and Hajar was in the middle. A short time into the ride Hajar tapped her shoulder giving me a signal to rest my head on her shoulder which I gladly obliged and it was my first joyous ride in the car with Hajar.

Once we arrived at the house in Mirit I felt completely safe and was asked if I wanted to shower which of course I did since I had been traveling for more than 36 hours. After I changed we sat down for a meal, chicken taijin, oh how I can taste the food as I write these words. In Moroccan culture it is customary to eat a communal dish and for me it was a great experience. It was that night that I meet her brother Ashrof who spoke perfect English to my pleasant surprise. I spent the next 3 days enjoying the EID feast and I even had the opportunity to slaughter a lamb. My host family was very hospitable and I found the Moroccan people to be very hospitable in general. When I left Morocco after that first trip I couldn't wait to return.

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Real Estate Property Investment Series: Focus Morocco 2007

The Moroccan government realised that the way forward for their nation in terms of creating employment and boosting the economy significantly was to increase tourism and to create an environment so attractive for investors that they would come in their droves and buy up real estate stock.

To that end the government has been promoting Morocco around the world - there is a permanent stand at Walt Disney World Resort in Florida heralding the virtues of this North African nation that practically touches Europe across the Mediterranean Sea that divides it from mainland Spain for example, and now the skies over Morocco are open to cheap flight operators from across Europe and the UK. The nation has year round sunshine and is directly south and a short flying time from affluent Western Europe and all of these factors are starting to affect Morocco positively.

In 2006 in the first nine months alone tourism traffic was up almost 10% on the previous year with revenue generated from tourism up almost 30% which proves that the government are targeting the 'right' sort of tourist - i.e., the ones who come, stay, enjoy and spend money in Morocco! Looking to the longer term the Moroccan government has plans to increase tourism until 10 million visitors annually enter the nation by 2010. There are even plans afoot to build a tunnel under the sea to connect Morocco to Gibraltar in Europe...

'But why all this information about tourism' I hear you ask?

Because it is the tourism market that property investors in Morocco are targeting. On the one hand they are targeting those seeking villa and apartment rental and on the other hand they are aware that today's holiday maker is tomorrow's second, retirement or holiday home buyer. And investors really are in Morocco buying up and developing real estate stock. Already six brand new coastal resorts are in the planning and development stages, money is flooding in from Dubai and Qatar based development companies and European buyers are purchasing off plan knowing full well that their real estate assets are appreciating even before they are completed and handed over. Buyers in 2007 have a chance to buy in ahead of the continued predicted rise in tourism and before Morocco is established in many people's minds as a place to invest in real estate.

Consider buying off plan and flipping stock or better still, simply buying and renting to the tourism market on the Atlantic or Mediterranean coasts or in the mountainous ski resort of Oukaimeden. Rental income is earned tax free in Morocco for the first five years and those who hold property for ten years or more pay no capital gains tax when they resell, furthermore one is not subject to local inheritance tax in Morocco either. In conclusion - Morocco offers an investor a wealth of opportunity. Basically an investor needs to consider his preferred investment approach and his target market and then seek suitable real estate with room for growth or with prospects for returning good yields.

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Morocco Property Investment - A New Overseas Investment Property Hot Spot

A number of factors have come together to make Moroccan property investment a fantastic opportunity for overseas property investors.

If you want great capital growth and an opportunity for significant income from the buy to "let market" then Morocco can offer you great risk to reward

If you are considering overseas property investment you should think of morocco property as an investment first.

Here are the reasons why:

Investment property in Morocco at present is offering annual capital gains of up 35%.

This capital growth is expected to continue, as tourism and cheaper flights make morocco more popular.

Morocco is already a popular tourist destination and the government is allocating 10 billion euros to increase tourism by several million visitors per annum.

Of course, as tourism grows so does demand rental properties.

You can not only make great annual capital gains with low risk ,but supplement this with a significant income from the "buy to let" sector.

If you are looking for cheap property for sale that has excellent capital growth potential then Morocco offers you outstanding risk to reward.

This market is still growing and capital growth looks set to continue for years to come.

Morocco Lifestyle

With its geographical location, just south of Spain it is seeing an increasing number of tourists and investors from Europe and other overseas locations.

Morocco is a country of stunning beauty, but also has the infrastructure to attract an ever growing number of tourists which include:

o Pristine clean sandy beaches and crystal clear seas.

* The stunning Atlas Mountains and the Sahara desert.

o A wealth of recreational facilities including: Fishing, scuba diving, golf, tennis hiking, Camel treks and a wealth of historic Moorish culture.

* Up-market tourist developments, that bring with them excellent cuisine, shopping facilities and improvements in infrastructure.

o A wide variety of languages are spoken and Spanish, English, Italian and French are common.

o It has a perfect location for other destinations to explore such as southern Spain, which is under an hour away.

o A great climate that includes, both hot summers and warm winters making.

The economic and political climate

Of course, all the above advantages of lifestyle are bringing more people to morocco than ever before.

This mass influx is being encouraged by huge investment to improve the facilities and infrastructure and makes Moroccan property investment attractive to buyers seeking both capital growth and rental income.

o Property prices are cheap and are up to 60% less than other similar Mediterranean resorts.

* Capital gains in property can be up 35% in many locations.

o Morocco has a very Low cost of living. For example, Morocco is far cheaper than its near neighbor Spain and provides a luxury lifestyle at affordable cost.

o Morocco has a booming property rental market with occupancy of up to nearly 90% in the peak summer months.

o Taxes are cheap. For example, tax on any capital gains is a maximum of 20% and in many cases can be nothing at all finally, there is no inheritance tax to pay finally, there is no annual property tax for 5 years.

o Finance is available and up to 70% mortgages are available to overseas investors.

For any property investor the major criteria for buying are:

o Affordable property prices with significant capital growth potential.

o Low taxation and flexible finance facilities.

o A stable economic and political climate that will foster growth.

Add in a buoyant "buy to let" market and it is no wonder Moroccan property investment is growing in popularity and the trend looks set to continue.

Discover more about investing in property in morocco and you may be glad you did.

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Investment Property in Morocco

Morocco represents an anagram of different cultures/civilizations and boasts of being one of the most picturesque countries on the planet. Located in the Northern half of the African continent, this paradisiacal country is in close proximity to Europe and the Middle East, which enriches the Moroccan landscape with different traditions and cultural wealth from three different continents.

The coastal backdrop and miles of unspoilt sandy beaches add to the glory of this African Kingdom. Thanks to its natural riches, the country commands the place of pride among world's who cut across different trades. No doubt, a nation with tonnes of natural beauty and a willing government is bound to be a global real estate powerhouse.

Tourism and Its Influence on Moroccan Property

One thing that stands out in favour of the Moroccan property sector is the demand created by country's tourism potential. The picturesque locations of Morocco have left many popular figures speechless and some of them, including Sir Winston Churchill, have historically vouched for Morocco's natural beauty.

With miles and miles of pristine beaches dotting the country's landscape, Morocco has emerged as a dream destination for holiday visitors looking to just take a break from their routine lifestyle. This makes investment in holiday property, like holiday resorts and rental apartments, in the towns and villages along the coastline, a wise decision. The scope for regular rental income is extremely high in the Moroccan holiday property.

Many European tourists have also elicited considerable interest in making Morocco their second home due to the country's proximity to the western part of the continent. The government has also supported moves for regular cheap flights to and from the country to the major European cities and other international destinations.

Morocco's King Mohammed VI has expressed profound desire to optimally exploit the country's tourism potential by roping in the government in the construction and promotion of 'Plan Azur', which is a combination of six mega coastal resorts. The facilities include championship golf courses, marinas, sports facilities, shops and restaurants. These will be located near the town of Oujda and alon the Atlantic coast at Port Lixus near Tangiers, Mogador near Essaouira, Taghazout near Agadir, Mazagan near Casablanca, and at Plage Blanche in Guelmin. The country aims to attract 10 million tourists annually by 2010 primarily through the successful completion and promotion of Plan Azur alone.

It goes without saying that property around any of these resorts are selling like very quickly. A wise investor will buy a property around these resorts before 2010 to reap maximum rental income from the unprecedented tourist influx expected from that year onwards. Moroccan holiday property is also highly traded among the property investors here, which means you get maximum value for your property within no time, as the property trends have really been positive over the last few years.

With prices starting from as little as £21K, you can land yourself luxurious apartments and townhouses in resort towns of Saida, Tetouan, and Asilah. Of course, the prices vary according to the dimensions of the property.

Besides the coastal townships, the mountainous ski resort of Oukaimeden is also attracting lots of property inquiries from the European property investor.

The Moroccan property market also gets a periodic boost from government initiatives, like a proposed Morocco Tunnel under the sea to connect the country with Gibraltar in Europe.

Property Scenario in Other Moroccan Locations Tourist resorts are not the only investment hotspots in Morocco. Other Moroccan towns and cities enjoy a good amount of goodwill among European investors, especially the French property investors, due to past colonial ties with the country of France.

The portfolio of investors in Morocco is diverse, ranging from rental apartments to second home luxury villas and residential homes. And since the commercial activities in the country are on the upswing, investors have struck gold in commercial and industrial property too. In addition to the built-up property, cheap off-plan property is also in the peak among investors.

The major attraction as far as Moroccan property investors are concerned differs to the tax-free rental income for the first five years. And if you hold the property for ten years or more, no capital gain tax is deducted when you resell. Another attractive feature is the exclusion of local inheritance tax in Morocco.

The most popular cities in Morocco from the property viewpoint include the modern Marrakech, commercial centre of Casablanca, capital city Rabat, and ancient cities of Tangier and Fez.

Of course, as with almost every other country, Morocco also has its own laws, rules and regulations regarding the ownership of property by the foreigners. A wise investor will do well to verify from the authorities or some reliable real estate agent about his eligibility, and ways and means to acquire diverse properties in Morocco. However, the rules for the ownership of property are not as stringent in Morocco as in other European countries.

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Buying Property in Morocco - An Attractive Overseas Investment

The property in Morocco is fast becoming an overseas investor favorite due to its transparent economy and huge potential on this flourishing market. The media has indeed elevated its status by such large projects as the 'Vision 2010' which encompassed vast economic developments and widespread upgrades to the tourist sector.

There has been an increase in televised programs and newspapers that continuously publicize the rise of the Moroccan property market, with statistics now showing that currently 3 out of 5 African properties owned by Europeans overseas are within Morocco. This figure is very likely to increase as the government continues to push more initiatives to favor foreign investment and tourism, a win-win situation as the country's economic growth steadily increases and foreign investors will eye a much more favorable market amongst its nearby competition of the likes of Spain, Egypt, Turkey and even Dubai, which are struggling with the pace at which Moroccan properties are rapidly converting.

According to the World Travel and Tourism Council (WTTC), tourism in Morocco is set for steady growth within the next 5 years by between two and four percent. More tourism means the need for more accommodation; the property rental in Morocco is booming and attracting investors in the plenty. Luxury hotels are being built and upgraded all over the country; to name Marrakech that will be opening 20 large 5 star hotel within the festive season alone.

Among the British who now see Morocco real estate as a better option than its Spanish counterpart, so do the Spanish, the French and the Italians. Where the Spanish property market is over saturated with higher risk and prices, the Moroccan property market is still young and has a lower risk to returns ratio.

Moroccan property investor view points:

• Excellent all year round weather conditions

• Purchase tax only 1.0% on the total price

• Government registration fee 4%.

• Legal fees 0.5%.

• Property Agency commission 2.5% - 3%

• Rental income taxed at 13.5%. Rental income is free from tax for the first 5 years.

• 20% Capital Gains Tax if sold within 5 years, 10% to 10 years, 0% thereafter.

• Casablanca and Marrakech property prices average at around ?2,000 m².

• Local property rental market yields at around 7% - 10%

• Real Estate prices may increase by as much as 35% in some hot spots

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Strong House Price Growth Continues in Morocco

Morocco preserves an exotic and historic charm lost in many other Arab countries, plus a warm, dry, healthy climate, and a beautiful landscape, with its markets and traditional architecture, its car-free medinas and palaces hiding breathtaking gardens.

Morocco is now going mass-market. The coasts are a major destination for French tourists and increasingly for retirees. There is a whole associated infrastructure of guest houses, French-speaking newspapers and doctors, and an increasing number of French settlers.

Morocco's economy has been doing quite well. King Mohammed, who succeeded in 1999, is a dynamic monarch who has brought substantial reform to Morocco, and some national reconciliation. Unemployment fell in 2006 to 15.5% in towns (9.7% nationally), down from 18.4% in 2005 (11% nationally).

However national GDP is only expected to grow by 2.5% in 2007, according to the Finance Ministry, due to a poor harvest. This follows a spectacular economic performance in 2006, when GDP grew by 8%. Nevertheless indicators suggest an economy which is steaming ahead, with electricity consumption up 22.9% on the year to March, industrial equipment imports up 12.7%. This is combined with an inflation rate of a mere 2.7%.

In 2007, a study published by the Georgetown University-based Center for Strategic and International Studies called 'Arab Reform and Foreign Aid: Lessons from Morocco' concluded that Morocco provides a valuable lesson in political and economic reform. It showed that top-down reforms can be highly effective, if skilfully and determinedly carried out, and that aid donors should lean towards countries where evidence of such commitment is to be found.

Morocco received US$3 billion in foreign direct investments in 2007, mostly from the Gulf, according to reports in the leading newspaper Aujourdhui.

The forthcoming mass tourism explosion A massive tourism and residential development programme 'Vision 2010' - of which the coastal section has come to be known as 'Plan Azur' - was launched six years ago to bring 10 million visitors a year to Morocco by 2010 and build 250,000 hotel beds, including 180,000 located in or around the cities. There will be 1,300 weekly flights into Morocco, with 15,6 million passengers per year. Many large international hotel chains have already built developments, including Club Med, Liwa, Accor, and Sol Melia. Tourism almost invariably brings increased interest in buying in the country, and will likely have an enormous impact both on Morocco's economy, and on property prices.

Six huge new tourist stations / residential developments in priority coastal resorts are at the heart of Plan Azur, including: Saidia (Oujda), Lixus (Larache), Mazagan (El Jadida), Mogador (Essaouira), Taghazout (Agadir) and Plage Blanche (Guelmim). Saidia is being developed by Fadesa and Property Logic and will have 30,000 beds and three 18-hole golf courses, the first unit opened in 2007. Lixus is being shared between three developers and will have 12,000 beds, and two golf courses; the first unit opens in 2009. Mazagan is being developed by Resort Co, and it will have 3,700 beds, opening in 2009. Mogador is being developed by three developers, will have 6,800 beds, and open in 2009 Taghazout is being developed by Taghazout resort and will have 18,000 beds, and open in 2009 Plage Blanche seems likely to be built by Fadesa, will have 19,500 beds and open in 2012.

Outside the mass market The long Moroccan real estate boom, of course predates the mass market, and concentrates on the 'authentic' Morocco, and above all on giving Westerners a stylish life in exotic, traditional surroundings.

At the core of this has been the craze for buying Riads. It is not unusual to see Riads - traditionally-shaped Moroccan houses, with grand salons giving onto a central tiled courtyard, often with a garden at the centre - offered on the Internet for EUR500,000 or in the case of the most palatial, EUR1,000,000. Around 7,500-15,000 French residents live around Marrakech in these and other accommodations.

Will Morocco run out of Riads? Well there are 50,000 Riads in Marraketch and only 1,000 are sold to foreigners. The coasts are also a major destination for French and other European tourists and those looking for a second home. After the boom caused by the French, "the English market is beginning," says Charles El Fassy of the real estate agent Cabinet Charles El Fassy.

"We have had five years of French buyers. We thought: "Things cannot go on like this any more!" says El Fassy. "But they are going on. It is beginning all over again, with the British." Prices have increased threefold in four years, he says.

Morocco's climate makes it a perfect destination all year round. It is hard to imagine, but it is possible to ski in Morocco, and mountain trecking is very popular.

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Vision for Investment to Property in Morocco

The Kingdom Morocco, the gateway to Europe from North Africa, offers a mystical and exotic culture coupled with a warm Mediterranean climate in the north and a diverse array of natural resources including unspoiled golden beaches along its vast Mediterranean and Atlantic coastlines, the dramatic Atlas & Rif mountain ranges and the Sahara desert in the south which separates Morocco from the rest of the African continent.

Nowadays Morocco is already making a name for itself as a new property in Morocco investment hotspot. Morocco´s luxurious property developments are generally accepted to be of the highest standards available and very competitive prices allow Marrakech property to boast top quality property in 5 star luxury resorts for a fraction of the price of far less caliber property elsewhere. As well as the cultural cities of Marrakech, Casablanca, Fes and Tangiers, Morocco offers an abundance of pristine coastline along both the Atlantic and Mediterranean Sea which is attracting buyers looking for a quieter and more beach orientated way of life.

On January 10th 2001 at the National Meeting on Tourism in Marrakech King Mohamed VI announced the launch of a new tourism policy for Morocco. He had recognised that the country had been underachieving in the tourism sector; it's unbeatable combination of climate, culture and stunning natural scenery should have placed it at the forefront of world travel destinations.

The King announced a new sustainable, integrated tourism policy known as "Vision 2010". Vision 2010 was translated into a framework agreement between the government and the country's leading sector players, with a set of key objectives, including increasing the number of visitors by 15% each year to reach 10 million visitors by 2010.

The Plan Azur is a key component of this endeavor. It provides for six new generation coastal resorts, meant to realize the kingdom's obvious beach tourism potential, while firmly positioning Morocco as a destination combining world-class holidays with cultural, fitness and eco-tourism, for an "intelligent seaside tourism" offer. The locations of the six new resorts were chosen to balance the country's development, long focused on the Casablanca - Rabat axis.

One of the most significant moves to increase tourism is the decision to operate the "Open Skies policy" which makes Morocco far easier for airlines to offer services into Tetouan property. The promotion of competition among airlines will, in turn, bring down the cost of air travel to Morocco and make travelling to Morocco an easier option for potential tourists worldwide.

So far, the plan has succeeded beyond expectation. Morocco welcomed 6.5 million visitors in 2006, compared to 2.2 million in 2001. And with major political, economic and social agreements in place with Europe and America, the foundations are well and truly laid for even greater success.

If you are serious about investing in Morocco then its essential that you firstly fully research the area, your tax and finance options and appoint quality legal representation. As with all emerging property markets its the early investors who take advantage of the best prices the very beginning of the new market.

Tangiers property currently offers investors excellent prospects and a perfect vehicle to invest in early to generate good rental yields and excellent capital appreciation returns over a longer period.

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Buying property in Morocco-attractive overseas investment

Property in Morocco is quickly becoming a favorite of foreign investors because a transparent economy and huge potential in this thriving market. The media really raise their status in major projects such as "Vision 2010", which covers the vast economic changes and updates to the tourism sector.
There has been an increase in television programmes and newspapers that constantly promote Moroccan real estate market statistics now indicate that 3 out of 5 African properties owned by Europeans abroad are in Morocco. This figure is likely to increase as the Government continues to pursue additional initiatives in favour of foreign investment and tourism, a win-win situation, as economic growth has steadily increased and foreign investors would eye much more favourable market competition among surrounding such IspaniiEgipet, Turkey and even Dubaistruggling with the pace at which Morocco properties quickly.

World travel and Tourism Council (WTTC) tourism in Morocco is set for sustained growth over the next 5 years, between two and four percent. More tourism means more accommodating; Rental property in Morocco rapidly and attracting investors in abundance. Luxury hotels were built and the entire country; in the name of Marrakesh, which will be opening 20 major 5-star hotel during the holiday season only.
Among the English, who now see Morocco real estate as better than its Spanish counterpart so do Spanish, French and Italians. When the Spanish property market is saturated with higher risk and price, the property market in Morocco is still young and a lower risk of returns.
An investor perspective Morocco property:
Excellent all year round weather conditions
Purchase tax only 1.0% of total price
State registration fee of 4%.
Legal taxes of 0.5%.
Agency Commission-owned 2.5%-3%
rental income taxable at 13.5%. Rental income is exempt from tax in the first 5 years.
20% capital gains tax if, within a period of 5 years, 10%, up to 10 years, sold 0% thereafter.
Casablanca and Marrakech real estate prices by an average of about 2, 000 m.
Local rental market provides for about 7%-10%
Real estate prices could rise by more than 35% in some hot spots

Rapidly changing Morocco

Morocco is a country where society, culture and various peoples rapidly with the global economy. Although a clear distinction between rich and poor is very notable, just as in India or China, is on the rise in lieu of possible world recession with economic pendulum of the United States.
Traveling in Morocco have reached an all time high in 2007. Some believe that the goal of 10 million plus tourists a year happens much to projected year 2010. The country has its own exotic allure, including Mount housing culture, known as the Berbers, growth, change and different views of women, along with political changes that King Mohammed VI and his wife, Princess Lalla Salma bringing into the country. Changes are slow, steady, but notable.
More world wayfarers are thinking about cultural and religious understanding. Some cultural and custom tours in Morocco are able to get people away from the path of mass tourism and to take them into the heart of this land and its people. Mixed Berber and Arab peoples are not real tension and various groups feel each other with respect. The Berbers, have three main language, which differ considerably from one region to another. In the RIF mountains, near the Middle Atlas mountains in Chefchaouen, near FEZ and High Atlas mountains near Marrakech all have their own language and cultural nuances.
In addition Morocco changes with regard to the rights of women within the family and in public places. Women enjoy freedom in Morocco, based on Western ideas of equality. They now occupy positions in Parliament, are CEOS in companies and start their own business, competing industries in Morocco in a thriving economy. Some laws that remain in the law limiting the role of women in the paper. Some religious bodies would continue to monitor the role of women in society, but these attempts are becoming less and less notable and important.
In General, Morocco has been changing rapidly over time. With Europe and the United States of America, enjoying both economic and political benefit relations with the Kingdom of Morocco in North Africa — towards a prosperous economy, where people are beginning to benefit from these positive implementations. Tourism in Morocco also flourishes and people of Morocco takes tourists from all over the world in their great heritage.

Arabian nights in mysterious Morocco-7 places you must see in Morocco

Two weeks is long enough to fully embrace atmospheric Arabian nights when you go on an adventure tour in Morocco. But it certainly beats, not at all. When you visit is seven places you must see in Morocco.
Casablanca, Humphrey Bogart fame now boasts top class comfortable hotel nestled in the ancient streets. Spend more than a week here, and you can't drag myself away.
FEZ is the oldest of the imperial city and one of the holiest cities in the Islamic world and certainly in its list of the Places you must see in Morocco ".
Imperial City Meknes offers culture, such as the Medersa Bou Inania and wonderful Souk (market) where you can find all activities and everything you could ever need.
Altas mountains are home to typical Moroccans and the famous Barbary apes. The Berber people flock of sheep and work in the fields of nomadic farmers live in traditional goat hair tents.

In Todra Gorge is one of the greatest natural wonders in Morocco, but there not all adventure tours in Morocco.
AIT Ben Haddou is an impressive set of kasbahs, perched on top of a hill. Paradise for filmmakers "Gladiator", "Jesus of Nazareth" and "Lawrence of Arabia".
Marrakech, chaos and charismatic city is a center of culture and tourism in Morocco. Djemaa el Fna square, central square, gives you a real taste of the region. Packed full of traders, Berbers musicians, acrobats, zaklinatelej snakes, witches, sages, acrobats and tooth pullers, hypnotic charm on the square will soon wear off on you.
During this time many people to explore the mysteries of Morocco and recommended to other sites, you should see in Morocco.

L'évolution rapide Maroc

Maroc, où la diversité sociale, culturelle et ethnique est rapidement en train de l'économie mondiale et avec le pays. Riches et pauvres, entre la nette différence très importante, comme l'Inde ou la République populaire de Chine pays États-Unis propre économie Jin en raison de l'essor récession mondiale au lieu des que possible.

2007 haute tout le temps de voyager au Maroc. Parmi les 100 000 plus objectif annuel aux années de 2010-prédit de touristes, il y a croire que ça n'arrivera beaucoup. Roi Mohammed VI du pays et son équipage de femme, montée, le changement et les changements politiques chez les femmes ayant connus différents points de vue des montagnes, dont la culture résidentielle a ses propres charmes exotiques, la Princesse Lalla Salma de prendre le pays. Lentement, progressivement, mais se produit le changement notable.

Monde nomade plus culturel et religieux comprendre [NULL] à réfléchir. Culture spécifique et personnalisé Maroc tournée au-delà de chemin d'accès du tourisme de masse et cette terre et les gens de son peuple et emmener au cœur. Arabes et berbères mixte peuples, aucune tension réelle et les populations diversifiées avec ce qui a trait à l'autre sur la [NULL]. Ensuite, eux-mêmes dans l'un de l'équipe locale diffère sensiblement des trois principales langues. Montagnes du RIF près de Chefchaouen, Fès, les montagnes du Moyen Atlas et toutes les montagnes de haut Atlas près de Marrakech près de leurs propres nuances culturelles et linguistiques.

En outre, Maroc les droits des femmes en ce qui concerne l'accueil et le public. L'égalité des femmes fondée sur l'idée de l'ouest du Maroc jouir de la liberté de. Ils sont maintenant en congrès, Researcher, société chef de la direction et l'économie florissante du Maroc à concourir dans leur propre quartier de l'entreprise pour démarrer. Écrit dans une loi particulière restant sur papier, limité le rôle des femmes. Religieux spécifiques rôle social des femmes de contrôle du corps et souhaite continuer, mais ces tentatives sont moins populaires et les plus importants.

Dans l'ensemble, Maroc a été rapidement changé avec le temps. Europe et Afrique du Nord près de l'économie du Royaume-Uni et la politique des États-Unis jouissant de relations rentables, économie de prospérité Maroc personnes ces avantages positifs de mise en œuvre à partir de chemin d'accès. Maroc également en plein essor dans le tourisme et les gens du Maroc leur patrimoine culturel profond partagé par des quatre coins du monde accepte des voyageurs.

Tour du Maroc pour plus d'informations et de renseignements de voyage Maroc, veuillez visiter notre voyage de voyage au-delà de LLC. Nous les guides de voyage Maroc notre écrivain merveilleusement talentueux personnel est mis à jour quotidiennement par ont une qualité. Nous avons au Maroc toutes sortes d'informations voyageur fournies aime partager.

Surf Maroc au refuge vraisemblablement pour

Vacances au Maroc pour prendre une tendance croissante pour les jeunes semble être le paysage traditionnel et un marché animé. Non, plutôt la thrill seekers bascule décoration un équipage hétéroclite de Corée du Nord, dans le meilleur surf rubrique Maroc Essaouira.
Everyday surfers, planches à voile, kite surf leur enfiler wetsuits et choix au fil de leur Conseil soar vague trouveront en hurlant.
Essaouira a une condition, les sports nautiques pour la vague parfaite pour quelques bonne Houle up fléau avec des vents forts.
Choix et souplesse
Poche du Maroc, une autre attraction est l'éventail des choix disponibles et flexibilité ce libre. Il existe de nombreuses plages dans et autour de Essaouira, tous les autres domaines d'essayer de volonté signifient un accès relativement facile.
Certains de ces plages, tandis que d'autres, la grotte de La Grotto/The comme les surfeurs professionnels et planche à voile pour les débutants est un meilleur ajustement. Cependant, vous avez la plage qui mieux à vos compétences et de nombreux dans la région, le visiteur est soupçonné d'être un problème, partager leurs pensées est ne Keen pas la difficulté de conclusion.
Surf Maroc au refuge vraisemblablement pour
Tourisme principal du Maroc comme une source d'Essaouira, naturellement pas prédire mais cette culture watersport est une Maroc très traditionnelle est une variation sur la ville. Zone sur le, mais le petit village du Maroc sous la surface, tous les attributs de l'éraflure et tous le frisson de ces jeunes demandeurs d'emploi que quelques bars et les amateurs de sports nautiques dans le café, un refuge pour la relaxation trouveront.
Pourquoi le Maroc surf dans ce de plus en plus populaire référence difficile cardiaque, vacances de telles communautés fortes et de créer une zone de plus en plus populaire.







Surf au Maroc vous donnera que le sentiment des vagues est le que coup de l'adrénaline d'adrénaline à qui.

Voyages et du tourisme au Maroc

De même, beaucoup d'autres pays du monde Maroc représente également quelques célèbres et belles destinations et les lieux qui sont très populaires grâce à sortir en Afrique du Nord. Le gouvernement du Maroc est de mettre ses efforts afin d'accumuler de plus en plus de ressources pour développer l'infrastructure globale de l'État, et c'est pourquoi des milliers de œuvres constructif peuvent être vu dans la plupart des villes populaires du pays. Plusieurs lieux célèbres et les villes sont la principale caractéristique attrayante pour les touristes et les visiteurs leurs vols de réservation au Maroc beaucoup de voyageurs d'Europe surtout de Londres apprécient leur voyage au Maroc. Certains des endroits célèbres et clés pour les visiteurs au Maroc sont les suivantes :

Jardins de Agdel
Mosquée de la Koutoubia
Région de Marrakech
Côte méditerranéenne de Saidia
Sahara marocain
Casablanca Twin Center
Montagnes du RIF





Ces lieux fabuleuses et étonnantes tous sont une source majeure d'attirer l'attention du client et des milliers de passagers africaines et internationales de voyage à cette magnifique État du Maroc par l'intermédiaire de leurs vols bon marchés au Maroc. Ces tous les lieux valent regarder et touristes ont montré un grand intérêt dans tous ces endroits. Certains passagers essayant de voyage au Maroc par l'intermédiaire de leurs vols internationaux pour but visite préfèrent voyager beaucoup de différentes villes du Maroc et pour cette raison qu'ils voyagent Casablanca, Rabat, Ifrane, Tanger et nombreux autre ville belle et bien développé. Il y a des choses différentes de tous un intérêt qu'il font a certaines parties du pays qui sont absolument étonnant et ont une valeur unique aux yeux des voyageurs. Services auxiliaires sont offerts à tous les passagers et les voyageurs voyageant au Maroc pour la première fois dans leur vie. Pour avoir un vol au Maroc juste, visitez notre site Web et économiser votre temps et votre argent pour la qualité et le transport aérien pacifiques.
Je suis un grand amateur de musique et aiment à se joindre à des parties de fin de soirée. Le mois dernier, j'ai pris mes vols au Maroc et trouvé une variété de lieux d'activités passionnantes de vie nocturne.