Also known as the “Maghreb al Aksa” is situated in the North Eastern corner of Africa, only 14km. separate it from Spain amongst other interesting facts we can mention:

Population: 28 million

Area: 710.850km2, 2.900 km. Atlantic coast line and 500 km. of Mediterranean coast line.

Language: The official language is Arabic but the majority of the Moroccan people also speak French and Spanish in the northern areas.

Climate: On the coast the sea breeze prevents excessive summer temperatures. In winter the temperature does not drop below 10 degrees and frost is simply un-heard of.

Currency: the Moroccan currency is the Dirham (DH), on euro fluctuates at around 11 Dirham approximately.

Cuisine: The typical Moroccan dishes are extraordinary, which is famous all over the World, for being, varied, delicious and very healthy. It subtly brings together vegetables fish, meta and exotic aromatic spices. The most typical dishes are Cuscus, Tajine, Mechui, etc.

Nature has made Morocco one of the most beautiful countries in the World. Its great diversity of landscapes answers the demands of its many visitors: relaxation, escapism, egotism…

There are many Spanish and French enclaves on the Mediterranean coast, an area which therefore has been much Europeanised, The Capital of the Country is Rabat, and Morocco’s largest City is Casablanca, which is bombarded by the virgin Atlantic Ocean from the West and gently bathed by the Mediterranean from the North. Morocco has a total of 3500km of coast, all along the Mediterranean coast. Morocco enjoys a subtropical climate which is softened by the oceanic influence that provides the coastal cities with moderate temperatures.

Why invest in property in Morocco?

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 favorable to most other destinations. 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. The Moroccan King Mohammed VI and the UAE have allocated huge investment to drastically increasing tourism further, with a goal of 10 million per year by 2010. This investment along with the creation of several tax advantages also helps investors to feel comfortable in investing in property in Morocco.

Invest inproperty in Morocco

Investing in Property is now the wise investor’s weapon of choice. No other investment allows you to purchase with other peoples’ money (the bank) and then pay this back with other peoples’ money (the rental income from tenants). If you own property you can release equity against this, although there is no law that states that your property will increase in value year on year, it is accepted that a well maintained property in a reasonable area will appreciate in value. 50% of individuals mentioned on “The Times Rich List” made their money through investing in property. A property worth just €4,000 30 years ago would be today worth around €225,000. Buying specifi cally for investment allows you to remove the emotion on your purchase and look at the property as an investment vehicle. This might mean utilising a re-assignable contract option and selling at a substantial profi t prior to completion or taking the buy-to-let situation and generating a reliable rental income as well as substantial capital appreciation.