Morocco Property Forum - Property investment in Morocco - View Single Post

carlisle · 13-08-07, 10:42 PM

Yo Bossman, here's 20 reasons why Morocco!!

1. Low cost of living - experience a luxury lifestyle at little expense
2. Low property prices, 50% less than most other European resorts
3. Booming property market with high capital growth potential
4. Between 0% and 20% tax on any capital gains
5. 0% Inheritance tax to family
6. No annual property tax for first 5 years
7. Rental occupancy expected to reach 85% most years during peak season
8. Mortgages available
9. Vision 2010 aims to increase tourism and improve the infrastructure, achieving a projected increase in tourism of 10 million visitors per year by 2010.
10. Increased tourism generated by the Vision 2010 project due to create a huge demand for rental accommodation
11. Vision 2010 is providing new roads, marinas, trains, 5 star resorts, shopping malls, beach clubs
12. “Open Skies” policy, activated on 1st January 2006, allows low cost airlines to service Morocco and create competitive fares
13. Yacht club and berth fees of under £27/month
14. Safe investment – notary supervised property registration similar to that of France and Spain
15. Beautiful sandy beaches
16. Stunning golf courses, tennis clubs, riding clubs, waterskiing, sailing, scuba diving, hunting, hiking, camel treks and culture.
17. Mediterranean climate - hot summers and mild winters
18. French, Spanish and English widely spoken as well as traditional Arabic
19. Sight seeing and rich Moorish cultural experiences
20. Emerging market backed up by strong tourism and low flight times.

13-08-07, 10:42 PM	#2 (permalink)
carlisle Junior Member Join Date: Aug 2007 Posts: 11	Re: 20 Reasons why Morocco! Yo Bossman, here's 20 reasons why Morocco!! 1. Low cost of living - experience a luxury lifestyle at little expense 2. Low property prices, 50% less than most other European resorts 3. Booming property market with high capital growth potential 4. Between 0% and 20% tax on any capital gains 5. 0% Inheritance tax to family 6. No annual property tax for first 5 years 7. Rental occupancy expected to reach 85% most years during peak season 8. Mortgages available 9. Vision 2010 aims to increase tourism and improve the infrastructure, achieving a projected increase in tourism of 10 million visitors per year by 2010. 10. Increased tourism generated by the Vision 2010 project due to create a huge demand for rental accommodation 11. Vision 2010 is providing new roads, marinas, trains, 5 star resorts, shopping malls, beach clubs 12. “Open Skies” policy, activated on 1st January 2006, allows low cost airlines to service Morocco and create competitive fares 13. Yacht club and berth fees of under £27/month 14. Safe investment – notary supervised property registration similar to that of France and Spain 15. Beautiful sandy beaches 16. Stunning golf courses, tennis clubs, riding clubs, waterskiing, sailing, scuba diving, hunting, hiking, camel treks and culture. 17. Mediterranean climate - hot summers and mild winters 18. French, Spanish and English widely spoken as well as traditional Arabic 19. Sight seeing and rich Moorish cultural experiences 20. Emerging market backed up by strong tourism and low flight times.