Why Morocco?
Now is an ideal time to invest in property in Morocco:
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There is a long-term, government backed national tourism strategy to improve infrastructure and attract visitors.
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The Moroccan government has signed an ‘Open Skies’ agreement with the EU to allow European airlines to fly to Morocco without restrictions.
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There are favourable tax laws for foreign investors ie. no property tax for five years and low capital gains taxMortgages are available and easily arranged, with 60-70% being the standard amount borrowed.
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Visitor numbers to Mediterranea-Saida (the area around Jardin de Fleur) are predicted to rise from 250,000 per year to 500,000 per year by 2012
- Located on the north western tip of Africa, yet possessing a unique culture, Morocco has been a popular tourist destination for many years. Currently, more than three million tourists visit Morocco every year, generating on average $1.5 billion in revenues.
- In terms of climate, geography and history, Morocco is much more closely linked to the Mediterranean than it is to Africa and this impression is reinforced in the north by the fine beaches, lush highland valleys and evocative old cities.
- The average temperature in the summer is 29ºC (slightly cooler between October and April) and, with sunshine all year round, it is reliably dry.
- English is spoken, along with French, Spanish and Arabic, whilst the unique culture reflects both European (Morocco is only 14km from Spain) and North African influences.
Interested in this property
For more information on this development please contact Winkworth:
Telephone: +44 (0) 20 7691 4269
Email: international@winkworth.co.uk