Category: About Morocco

The “Buy to Let” market in Morocco

The “Buy-to-let” property simply means that after the purchase and ownership of the property is completed, the owner will rent out the property. Of course the rent payments will exceed the usual mortgage payments that are being made by the owner. The market has in fact seen a lot of action since the King and the Government has launched the latest Vision 2010. The project has a massive budget of $10 billion and main areas of thrust are the infrastructure, leisure and tourism industry and other aspects that will aid in building the tourism sector.

Cost Effective
Residential property development is also been encouraged and a number of 5 star resorts and apartments are also been commissioned and built. This will also give a huge potential boost to the accommodation that is also being built for the tourists. This is an excellent opportunity for the investors as well since the prices for the buildings are already so low. It is also estimated that there will be an increase of about 15-20% in the price of the investment in the next year. Now the investors can purchase cheap and sell at a higher rate.

Tangier Boulevard

Luxury Ensured
Though the constructions costs are reasonable priced, the resorts are created for those that like super luxury as well. The harbors are also been built and expanded to let the financially rich and elite anchor their boats and yachts as well. In fact the seas side cities re been designed in such a way as to attract the rich and offer competition to the established playgrounds of the rich and famous. Those that purchase the investments in these parts can generate a huge volume of business, as tourist will be able to provide with high rental values.

Investors Choice
During the tourist season, 85% occupancy is quite normal. Morocco is attracting the tourist faster than it can build the resorts. For this reason, the rental incomes for the buy to let properties are currently quite high. Since the investor is looking at generating a second line of income and covering the mortgage payments as well. A ballpark figure for a 2-bedroom apartment that costs 100,000 Euros can produce a rental income of 2000 Euros per month during the tourist high season.

Duration Matters
The investor should also look at the strategy of whether they want to give the property for shorter rental income or longer rental incomes. Some of the property owners also choose to rent for a long term during the off-season and then rent the apartment for a shorter term during the high tourist season. The strategy that you would follow for renting out the apartment would partly depend on the kind of investment that you have currently made.

The strategy of “Buy to let” may not be the ideal situation for every one. This strategy will only work if you have the right location, where the tourism industry is the greatest revenue earner and is close to other attractions and amenities in the location.

Architecture in Morocco – A Seamless Blend

The urban modern architecture in Morocco also takes its inspiration from the old architectural styles. There are four imperial sites that have some of the grandest structures and the rich cultural and architectural heritage can be seen at these sites. Royal palaces, mosques, royal necropolis and many other religious places exhibit beautiful pieces of architecture and art. The style that is represented in the buildings is known as Hassanian architecture.

Property buying environment in Morocco

Buying property in Morocco is currently an extremely lucrative proposition. Since Morocco is well connected with Europe through the flights that operate from there, reaching Morocco is not very difficult. Investors can fly into Morocco and fly out almost the same day, if they wish to do so.

Architectural Styles in Morocco

There are various styles that are found in Moroccan architecture. Let’s have a look at them.

Architecture in Morocco

The country of Morocco is regarded by many as the country that is steeped in mysticism and beautiful natural wonders as well as old architectural styles that have stood the test of time. The beautiful architecture of Morocco is ancient and there are many sites that can be explored by tourists. Though a number of modern architectural styled apartments, office complexes and other buildings have also come up, the older buildings haven’t lost their allure as of yet. Some of the architectural nuances can also be seen in the modern buildings that are been constructed even today.

Property purchase: Know all about taxes in Morocco

If you are planning to buy property in Morocco, this short guide on taxes in Morocco will help you understand the required basics. Further, you must consult a notary or property analyst for detailed advice.

Why real estate in Morocco is a good investment?

Are you looking for a good investment opportunity? Check out real estate in Morocco. Morocco is now one of the top investment destinations in the world. Here are seven key reasons why you should buy property in the kingdom of Morocco:

Morocco – An investment hotspot

Buying a property in Morocco has become immensely popular with overseas investors. Most people are interested in buying the property since the prices are extremely low. Despite these low prices, the quality of construction is superior. This makes property investments a bargain deal for the investors.

Safety & Security in Morocco

If you are buying real estate in Morocco you may be concerned with safety and security. This is true no matter wherever we look for real estate. The simple truth of the matter is real estate in Morocco is no better or worse than real estate anywhere else when it comes to finding safe and secure property. Use common sense and your best judgment and you should have no problem with finding the right real estate in Morocco.

Real Estate in Morocco handled by Property Management Company

If you own or are planning to own real estate in Morocco as a rental property you will want to make sure you have a high quality property management company handle everything for you.