Morocco is becoming an investor’s paradise with tourism and real estate scene witnessing astonishing growth. The government is undertaking extensive changes both on ground and in laws to make it easy and safe for investors.
Morocco has become a hotspot for real estate investment. The boom in the tourism sector proves to show a great demand to buy property and rent it out to make huge profits. The government with the backing and support of King Mohammad has launched the Vision 2010 to boost the overall infrastructure to support 10 million tourists per year by the year 2010. There are new resorts coming up, which are planned and promoted by the government as good investment options. People also find Morocco as a good location to build a second or vacation home here. What investment you make now is bound to get good returns over a period of time.
Tangier is located in the Northern Morocco on Strait of the Gibraltar. It is a multifaceted city and always been a meeting place between Africa and Europe. The traits that were left by Europeans highly influence the Tangier’s architecture and culture that are totally different from usual Moroccan standard.
Morocco has become an elite hotspot as a foreign property investment option. This is due to the growth of the tourism industry in the country, which has many visitors throughout the major part of the year. The government aims to attract over 10 million visitors a year by 2010. There are many tax benefits offered for foreign investors too. There are lots of investment opportunities with the government planning to develop six coastal resorts and provide all necessary infrastructures with the support of the government. Overall, the structure is made much simpler that is highly inviting overseas buyers to purchase properties or homes.
A land of horizon where sand dunes, mountain, sea and sky extend interminably is Morocco that enjoys several natural contrasts together. In Morocco, you find snow-capped peaks well framed with desert, fertile valleys protected through bare rocks formations as well as beauty exists along squalor. The unique characteristic that makes Morocco extraordinary is its position where different culture meets together: the European and African, western and eastern, Christianity and Islam, Mediterranean Sea and Atlantic Ocean.
Morocco is the emerging jewel in the African crown and this small country is all set to witness a steady increase of tourists in the near future. With rapid changes taking place in various policies and even on the ground, Morocco has the potential of growing at a tremendous pace within the next couple of years. Thus, this is the ideal time to put your hand in the Moroccan real estate pie. Here are the top reasons to buy real estate in Morocco.
The great continent Africa has a small and beautiful gateway that welcomes its visitors with traditional hospitality. This is no other than Tangier and it has a great name in the world.
There are some really good real estate deals waiting for you in Morocco, but the key is to successfully negotiate a good deal for yourself even as you avoid any pitfalls associated with it. Since you might be located at a great distance from your property, it is imperative that you get it right the first time itself. Here are some tips that can help you to successfully negotiate a good real estate deal in Morocco.
