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For those who invest their money in a growing market, the North African country of Morocco, is the right choice, because it is a gradual leader in the luxury property market.

The hotel is adjacent to the northern half of Africa, this country is in close proximity to the Middle East and Europe, which enriches the landscape with Moroccan traditions and cultural wealth from three different continents. Apart from the various cultures and civilizations, Morocco has one of the most picturesque countries on earth. The coastal scenery and sandy beaches, glorify this African Kingdom beyond. It is therefore not surprising that a country like Morocco, with plenty of nature and a government is prepared to apply the power of the global property market.

Why invest in Moroccan property market?

Currently Moroccan property is very attractive due to its comparatively low cost of living. Foreign money will enable the country to live in luxury at a minimal cost. Variety of properties available for investment in the Moroccan real estate market, whether it is a resort or a rental or a company, investors are looking for, there are several hundreds of options available.

The King of Morocco offers incentives to new investors and developers planning to build hotels and apartments in Morocco. The king should have an infrastructure that provides 10 million tourists in 2010. The king has revolutionized the real estate market in a positive manner, through laws that protect foreign investors.

New stations and four streets, bus stops, and new international airports are being built to the arriving tourists into Morocco. Numerous tourist developments along the Mediterranean Sea and Atlantic coast of Morocco, including row houses, stunning apartments, villas, five-star hotels and golf.

In countries such as Spain, the Costa del Sol and other beach were overbuilt, and are very cheap out of the reach of most people. With the same weather and the Mediterranean Coast, Northern Morocco is only 9 miles away to a tenth of the price.

Among the other assets of Morocco are the high quality work at low cost, geographical proximity to Europe, and the mastery of the Spanish and French language by the inhabitants.

The country is very much in demand for international tourism by the quality and diversity of locations and exceptional hospitality of the Moroccans, which in turn favors the real estate market. The main reason for the investor always lured towards Moroccan property market is due to the tax-free income from renting and allowed the first five years. Further, the owner of the property for ten years or more, investors are free of capital gains taxes on resale of the property. Morocco also has no local inheritance tax.

Moroccan real estate in other locations:

Apart from the resorts, there are several other hotspots in Morocco. The other cities and towns in Morocco, enjoy a fixed number of European investors, especially the French real estate investors, and by the former colonial ties with France, Morocco had.

The modern Marrakech, the capital Rabat, the commercial center of Casablanca, and ancient cities such as Fez and Tangier, Morocco are the most popular cities from the ownership perspective.

Moroccan property market is in a booming stage. Within a short period of time, the prices of properties in Morocco are moving in less than every three months. Last year there was an 80% increase in prices. Real estate experts expect an upswing and the dynamics in the real estate and housing in the coming years. The property market in Morocco is currently the way it was in Spain about six years ago, when people who have a good profit by buying and selling real estate. Any investment in the Moroccan property market, is committed to the top, and will be worth the money. It is for investors looking to invest in foreign real estate, luxury vehicle for their money, that the Moroccan real estate market may be considered.

Property market in Morocco and Morocco Real Estate News | Real Estate Bookmark Article