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It is
also seeing a great investment with the vision 2010 strategy and now has
never been better time for property investment in Morocco.
Invest
in Tangier. Tangier is changing rapidly and is looking to regain its
crown as the night-life and entertainment capital of Northern Africa.
Just 35 minutes from Spain by high speed Ferry its a perfect bolt hole
for many expats living and working in Spain Saturday, Tangier ticks all
the boxes. Off plan property investment in Morocco offers great
benefits. The tax breaks on property investment in Morocco are
extremely generous with no rental tax for 5 years, no inheritance tax if
the property is passed to a family member and initial capital gains tax
rates of only 20% decreasing to zero after 10 years of ownership.
Morocco
Morocco
currently offers investors excellent prospects and a perfect early
investment vehicle in which to generate good rental yields and excellent
capital appreciation. Morocco property ranks as a top emerging market
and the great potential of investment property in Morocco is set to
increase greatly as the the infrastructure continues to be improved at
an unprecedented rate.
Morocco
is one of the most exotic short-haul destinations available to Western
Europeans and with improvements to the country's tourist facilities, it
is now visited by more than 4 million tourists per year. Morocco is
only 14kms from Spain and this has helped to its popularity and many
holidaymakers make the trip by ferry to Gibraltar or fly to the Spanish
enclaves of Melilla and Ceuta.
Morocco is close and it has a magnetic exotic appeal with its mix of
Islamic traditions and long colonial past. Morocco is dominated by the
Mediterranean climate made temperate by the influence of the Atlantic
Ocean in the Northern and Southern parts of the country. Morocco is a
magical North African tourist destination, boasting stunning coastal and
mountain scenery, deserts, orchards, palaces and medinas, and its
northern, un spoilt Mediterranean shores are as accessible as the rest
of Southern Europe's beaches.
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