Property News for Morocco
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Where Next for Property in Morocco?
There has been an increase in awareness of Morocco recently that has been fuelled by a revisiting of the market by the media as the nation enters the second phase of its ‘Vision 2010’ economic development plans, and it has also been initiated by the fact that there are some increasingly positive fundamentals supporting the emergence of Morocco’s property and tourism markets, creating a healthy environment in which to invest in real estate.
Real Estate TV has certainly picked up on the trend and as a result they are going to be responding directly to viewer based demands for information about where and why to invest in Morocco according to recent news released by the company. They will be screening a new addition to their ‘The Next Big Thing’ series focusing on Morocco – and more specifically focusing on where next for property in Morocco.
Why Are You Buying Property in Morocco?
If you scan the news for opinion and data about the Moroccan property market at the moment, you will be immediately struck by the amount of general and generic information that there is out there backed up by very little substance at all. We are meant to accept that the government in the nation has a plan to bring in more tourism, create a real estate industry out of luxury resort developments and that lots of Brits, Irish, Spanish and French people are buying in and that that should be sufficient data to get us hooked.
Well, if you’re thinking of a Moroccan real estate investment may we ask the question ‘why are you buying property in Morocco?’ please – because off the back of the above data we certainly wouldn’t invest! That’s not to say we’re not interested in Morocco right now – we are – but we have been doing much deeper due diligence than simply following the crowd. And if you’re like us and want a bit more substance to back up your buying decision, read on…
Property in Morocco Proving Profitable
It would be a bit naïve to suggest that there hasn’t been a tightening of belts when it comes to investment in international real estate over the past twelve months. But some markets have proved profitable and of interest even when the global credit crunch has crushed others. Morocco is one such market and even in 2008, property in Morocco is proving profitable.
Dubai based international real estate developers Emaar Properties specifically cited Morocco as one of the markets that has helped them remain in a strong financial position throughout 2007, and what’s more, other global names are lining up to invest money into property in Morocco in 2008. These facts should give individual investors maximum confidence in Morocco as a location consideration for portfolio expansion going forward…
Reasons to Invest in Property in Morocco in Marrakech
It’s a well known fact that the king of Morocco has a vision for the economic development of his nation akin to that of the ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum. For this reason alone people have begun to recognize similarities between the progress and advancement of both locations.
The city of Marrakech is the one location in Morocco that can most closely be compared to Dubai and in this article we cover the reasons to invest in property in Morocco in Marrakech looking at the similarities with Dubai.
Property in Morocco and Plan Azur
We’ve been harping on and on about the potential for property investors in Morocco since the inception of this particular website and for many years prior to that (if anyone was listening back then!) And we have been proven right thus far in our predictions that King Mohammed VI of Morocco is an incredibly astute leader determined to make his nation an economic success.
The king’s current ambitions lie strongly centered on tourism and real estate and the development and promotion of his nation as a country in which to invest for maximum profitability as well as one in which to holiday and reside for a fantastic, low cost, excellent quality of life. In this article we’ll take you through property in Morocco and Plan Azur in particular and show how this tourism based mega-master-plan will guarantee the fortunes for many a real estate speculator.
10 Reasons Why You Should Invest in Property in Morocco Now
Property in Morocco as an investment commodity or as a holiday home choice has been hitting the headlines in everything from British newspapers such as The Times to the global satellite television channel Real Estate TV - which means it’s highly likely you’re already mulling over the still fairly sparse data available as well as the likely property investment prospects from Moroccan real estate and trying to determine whether the market has legs to support your personal property investment objectives.
In which case our guide to the ‘10 reasons why you should invest in property in Morocco now’ should answer your ongoing questions, alleviate any doubts you have and possibly even convince you that Morocco is a fantastic place to invest for attractive medium term price appreciation and good long term rental yield gains.
Investing in Property in Morocco Just Got More Secure
When is property investment a safe investment? When you can insure your property against everything from earthquake damage to a burst pipe, from dodgy tenants to accidental damage maybe? The good news is that by using these criteria to define ‘investing safely,’ investing in property in Morocco just got more secure because there is now an international home and contents insurance policy available to overseas investors with Moroccan real estate assets.
HIFX, who are world leaders in providing comprehensive currency, insurance and general financial services to expatriates and international property investors have taken the bull by the horns and are leading the way with property insurance in Morocco because they believe that this is one property market set for impressive gains and substantial levels of investment interest in the coming years.
Local Lawyer Essential for Property Investment Success in Morocco
Despite the amount of investment being ploughed into the development of Morocco as an exciting tourism and business hub with an active property market, Morocco is still an emerging market and foreign buyers would do well to remember this before rushing in and making wild assumptions about the property purchase and ownership processes and the viability of their particular property investment approach!
There are a number of quirks in the Moroccan property purchase process for example that mean a local lawyer is essential for property investment success in Morocco - and in this article we detail exactly how a lawyer can help and specifically how you should use a lawyer’s services to get the most out of your Moroccan real estate investment.
Investment Property in Morocco Rocks
You could be forgiven for thinking that the property investment climate in much of the world is a little sluggish at the moment as on and on the debate relating to the global property boom rages. But there are certain pockets of the globe that are unaffected by doom and gloom mongers and where there is actually no stopping or denying the investment appeal.
Morocco is one such location, and to us at Amberlamb it’s unsurprising that it’s witnessing such incredibly strong interest from international property investors because there is just so much investment being pumped into the development and promotion of a modern Morocco as a place where people will want to invest, live, holiday, work and return year after year. Investment property in Morocco rocks! It’s being bought for both growth and income by investors and if you want to understand a bit more about how and why you can potentially profit from a Moroccan property purchase, read on…
Property in Morocco a Hot Target for 2007
The word’s out already - property in Morocco is a hot target for 2007 and beyond because the government of Morocco are making it easier for overseas buyers to invest in holiday homes and derive rental income tax free for the first five years, they are making it easier to get to and from Morocco by opening up their skies and airports to cheap flight operators from all across Europe and the UK, and they are totally committed to expanding travel and tourism related traffic and income.
As a result of all these factors we no longer consider Morocco an emerging market – rather it is a rapidly maturing market where prices are rising fast - in fact, 2007 could be the last year for investors to bag property bargains.
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