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.

We’ve been reporting on the potential available from property in Morocco since our inception and we have never doubted the unwavering determination of the nation’s ruler to make his country one of the most enticing, enchanting and above all else successful for investors from around the world.  Well, it seems that we’re no longer the only ones to be firmly backing this horse all the way!

As stated HIFX are now offering a unique level of property based insurance for all those buyers from around the world who are purchasing a holiday home, retirement home or who are investing in real estate for rental returns and/or capital appreciation potential in Morocco.  The fact that HIFX have managed to have a Moroccan policy underwritten by the insurers of the calibre of Norwich Union and HISCOX for example is testimony to their faith in the future success and positive development of the Moroccan property market.

The insurance policy will cover policy holders’ properties in Morocco against the likes of earthquake damage, fire, theft, lightening, flood etc., there will be public and employers’ liability cover included as well as automatic cover for outbuildings and permanent structures and accidental damage cover for buildings and contents it likely to be included too.  What’s more, HIFX generally include emergency travel cover within their international policies so that the property owner is covered if the event that they need to travel abroad to mitigate the outcome of a claim.

The exact details of the policy have yet to be published but any interested parties can contact HIFX for full details of the policy as well as for a quotation.  As with all insurance policies always read them through, don’t forget the small print, check out how large an excess you’ll be expected to pay in the event of a claim and make sure everything you expect to be covered is covered!

Special Reports: Property News for Morocco

Morocco Investment Property Facts
The Moroccan property sector is diverse and offers property investors both instant rental income and long term price growth potential

Morocco Property Buying Process
It’s becoming increasingly fashionable to buy property in Morocco but the complexity of the purchase process puts many investors off!

Morocco Property Investment Introduction
The real estate market in Morocco presents property investors with an emerging market within an emerging market hot opportunity.