About Morocco
Morocco has some of the best coastlines the Mediterranean has to offer as well as the fantastic sunshine you would expect from an African country. Only 9 miles away from Spain by sea, 3 hours flying time from the UK and just 2 hours from Paris its location makes Morocco an ideal holiday retreat.
With a healthy economy homeowners in cities like Marrakech and Casablanca have seen their properties increase 35%-40% in the last 3 years, inline with these returns investors seeing the potential are investing in Morocco's second home market particularly on the Mediterranean with properties comparable to those on the Costa del Sol without the price tag.
A reflection of Morocco's booming economy can be seen in the 2.2 billion MAD King Mohammed VI has invested into his Plan Azur projects.
With 6 coastal resorts being built between now and 2010, the first at Saidia on Morocco's Mediterranean coast, the aim of the King and the Moroccan government is to attract 10 million tourists by 2010.
The coastal areas of Morocco are being targeted and much is being invested into their infrastructure and with properties benefiting from the exemption of rental tax for five years, no inheritance tax and no capital gains if the property is sold after 10 years this emerging market is rocketing.
