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Why Morocco? Why now?

Discussion in 'Morocco Property' started by Janoulaki, Oct 30, 2007.

  1. Janoulaki

    Janoulaki New Member

    Short reason why a lot of investors invest in Morocco.

    Do you agree with this statement?

    Morocco is a currently a unique location for property investors and offers the opportunity to purchase property early in an emerging market at prices very favourable to most other destinations.
    Rental income from Morocco based property is also of great interest to investors as good rental yields are achievable from property in the new luxury resorts currently under construction. It is expected that mortgage payments and bills can be covered for the year from the rental income achieved from peak season months (only June to September) and rental based on a 2 bed apartment costing around €100,000 is expected to be around €2,000 per month.
    What is unique about the property market in Morocco is the sense of security for investors: with tourism already improving at a fast rate and buy-to-let investors reporting 85% occupancy rates during the high season, Morocco offers a safe arena in which to purchase property.

     Huge project to increase tourism backed by King Mohammed and the UAE.
     Increased tourism generated by the project will create huge requirement for rental accommodation.
     New roads, marinas, trains, 5 star resorts, shopping malls, beach clubs to be developed.
     Safe investment – notary supervised property registration similar to France and Spain
     Morocco is a free market economy and allows free movement of money.
     Stunning golf courses, tennis clubs, riding clubs, water skiing, sailing, scuba diving, hunting, hiking, camel treks, culture
     Mediterranean climate – hot, dry summers and mild winters
     French, Spanish & English widely spoken as well as traditional Arabic
     Site Seeing – from bustling Medinas and ancient cities to snow capped mountains or golden beaches
     Easily accessible via helicopter, ferry, fast train or regular budget flights.
     “Open Skies” policy activated on 1st Jan 2006 will allow low cost airlines to service Morocco and create competition, which will lower fares

    Ryanair (UK, Ireland, Germany and France)
    Easyjet (UK)
    British Airways
    Thomson Fly (UK)
    Atlas Blue (UK, Belgium and France)
    Jet4You (France and Belgium)
    Air France
    Air Berlin (Germany and Austria)
    Lufthansa (Germany)
    Transavia (Netherlands
    JetairFly (Belgium)
    Helvetic (Switzerland)
    Binter Canarias (Spain, Canary Islands)
    Iberia Airlines (Spain)
     
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