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Country Selection - Morocco

Morocco

Azure Investment Property continue to look for hot emerging markets for it members, and Morocco is currently considered one of the Worlds leading luxury hot spots for property investment. With excellent prices, high quality build and predicted capital growth Morocco is regarded as a very sound investment opportunity.

Many factors endorse this as a country for serious investors:

  • Capital Growth quoted at up to 30% for 2006
  • Low cost of living
  • 0% inheritance tax
  • 70% mortgages available
  • No annual property tax for first 5 years
  • Established high quality property in 5 star luxury resorts
  • Huge media coverage, resulting in high profile rich and famous purchasing property

However, the major catalyst is the Plan Azur National Development Plan 2010 which is driving vast investment from overseas. This directive aims to create 600,000 new jobs, and major infrastructure developments are planned by 2010 which include:

  • The construction of 6 new coastal resorts (5 on the Atlantic Coast and 1 on the Mediterranean Coast)
  • New motorways to be built and upgraded
  • New regional airports to be built and where possible upgraded
  • Increase and de-regulate incoming flights from all over Europe by introducing an "Open Skies" policy
  • New ports, marinas and high speed trains to be created and implemented
  • To serve the increase in tourist visitors, the government plans new shopping malls, golf courses, beach clubs, equestrian centres, spas which are all designed to promote a 5 star luxury lifestyle.
  • Increasing the number of annual visitors to 10 million by 2010 – and they are well on track to achieve that.

Register your interest now and be one of the first to take advantage of the exciting development coming in Morocco from Azure.

Also, don't forget to join the Azure Members Club to benefit from the FREE Guides we offer on living and investing in any of the hot spots Azure Investment Property recommend.

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