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.

Plan Azur is the name given to King Mohammed VI of Morocco’s six phase mega development of themed resorts across the nation of Morocco.  Each resort will incorporate a whole host of leisure activities and amenities from equestrian centres to dive centres, from ski resorts to golf courses, spas, marinas, beach clubs and shopping malls to name but a few of the experiences that are under development and which will be on offer.

Within each of the six resorts within Plan Azur there will of course be the development of both tourism and residential real estate – some of which is already coming to the market for sale and being snapped up by astute international investors.  And to encourage take up – if encouragement were needed – there are a series of guaranteed ways for a property investor to profit from their real estate investment under the terms of Plan Azur.

Certain property developments within the master resorts are either Résidences Immobilières Touristiques (RIT) or Villages de Vacances Touristiques (VVT) meaning that buyers and owners have the right to lease their property back and entrust it to a professional onsite management team for a minimum of nine years during which time they will benefit from the rental income generated without having to be hands on in the management and letting process – they will retain a certain amount of personal usage of their property and of course they will benefit from the annual capital appreciation of their property.

For the first five years of the scheme owners will not be charged any form of income taxation on their rental income – neither will they face property tax for the first five years, there is 0% IHT on property willed to family members and mortgages are available for property in Morocco meaning that an investor is covered from all angles.

If you want the nearest thing there is to guaranteed property investment success – we suggest you look more closely at King Mohammed VI of Morocco’s Plan Azur and the opportunities for real estate investors therein.

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.