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MOROCCO

Located in the north-west corner of Africa, yet possessing a unique culture, Morocco has been a popular tourist destination for years. It has a wonderful climate with an average of 30ºC during the summer and 18°C in the winter, makes Morocco an obvious investment choice. It is a vibrant and diverse and is known for its Atlantic and Mediterranean beaches, high mountains, Sahara Desert, imperial cities, and open-air souks. Its rich history and culture reflect the influence of a long succession of invaders and settlers - including the Carthaginians, Romans, Vandals, French, Spanish, and Arabs, as well as the presence of the Berbers, Morocco’s indigenous people, who make up half of the nation’s population.

Culture and modern Moroccan society is a fascinating melting pot of different cultures: Berber, Arab, Jewish, Muslim, African and European. The fine cuisine, the rich culture, the hospitality, the diverse geography and biodiversity, the Andalusian heritage and the longest reigning monarchy in the world, all make it an interesting location for buying property.

Take a look at the advantages that Morocco has to offer :-

• Mediterranean Climate
• Costa del Sol only 40 minutes away by ferry
• Low cost of living
• Property prices nearly 50% cheaper than European countries
• High Capital Appreciation expected
• Miles of white sandy beaches
• 10 year structural guarantee similar to European countries
• Golf Courses with green fees a fraction of price

Morocco is serious about tourism as the country’s primary export for the future. The Moroccan Government has embarked on a national tourism strategy that aims to increase the number of foreign visitors from 2.2 million currently to 10 million by 2010. Under “Vision 2010”, the Moroccan Government has guaranteed to provide the necessary infrastructure to connect coastal resorts with the rest of the country and Europe by constructing 1,000 kms of new roads, increasing internal and international flights, and developing new regional airports. Morocco now has an ‘Open Skies’ flying agreement with the EU which means that cheap European flights are now available. As a result, the property market in Morocco is just starting to boom and provides an outstanding investment opportunity.


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