1. Property Prices
Morocco is recognized as an emerging property market, a perfect time to invest as property prices are at a low and appear to rise as the Moroccan property market and supporting infrastructure develops. Finest, beach front apartments in elite resorts are available for a fraction of the cost of equivalent properties along the Spanish coast just 35km away. Average prices are currently around 50% to 70% cheaper than other Europe holiday property markets.

2. Massive Governmental and Foreign Investment
The Moroccan government is currently spending over $12.2 billion dollars developing Morocco´s tourism industry and its supporting infrastructure. From major new road and rail links and massive airport upgrades to modernize port facilities and a tunnel linking Morocco to Spain via the Straits of Gibraltar. King Mohammad VI and the UAE have created a huge project to invest massive funds into Morocco with the initial aim at increasing tourism. Other Foreign investment pouring into the country comes from major international developers.

3. Booming Tourism Industry
In 2001 King Mohammed VI launched his ambitious Vision 2010 plan to bring 10 million tourists to Morocco every year. That year (2001) saw 2.5 million tourists, by 2003 that figure had risen to 4.3 million. In 2005 they hit 5.8 million and are estimated to reach 6.8 million by the end of 2006.

4. Investment Potential
Investors are currently experiencing excellent capital appreciation of anywhere between 15% and 35% p.a. on quality coastal properties depending on location. With beach front properties in exclusive Moroccan Mediterranean resorts available for around a third of equivalent Spanish property prices, the potential for capital growth is extensive. Good rental yields of around 6% p.a. are also currently being experienced, although these are expected to rise considerably as the tourist industry matures over the next two to three years.

5. Stable Economy
Morocco is enjoying a stable economy, which has experienced continuous growth over the last 50 years. Current GDP per capita is growing at a sustainable 6.8‰, aided by the Government’s liberal economic policy and important free trade agreements such as the Euro-Mediterranean agreement with the EU- Morocco Free Trade Agreement which came into force in January 2006.

6. Build Quality
Unlike many emerging Eastern-European property markets, which have suffered from poor build quality problems, the construction standards in Morocco are excellent and comparable to those in Spain and France, where the bulk of Morocco´s tourists and foreign property owners originate from.

7. Favorable Tax Laws
The Moroccan Government has removed all impediments to foreign land and property ownership and is courting property investors with extremely favorable tax laws. The first 5 years of rental income is completely exempt from tax.

Capital Gains Tax is payable on a sliding scale:
> 0% if sell after 10 years
> 10% if you sell within 5-10 years
> 20% if you sell within the first 5 years

There is no inheritance tax on properties passed on to family members. Proceeds of property sales can be fully repatriated.

8. Natural Factors
Morocco is a country that really does offer an array of environments to explore.

Whether it be, the un-spoilt, peaceful coastlines, or the mountain and deserts, or even the many interesting towns that provide a westerner a taste of cultural diversity, Morocco is full of opportunities to be experienced by tourists. For potential investors it is reassuring to know that King Mohammad VI is making an effort to ensure that developments keep in harmony within the surroundings.

North Morocco also provides a more Mediterranean lifestyle than the rest of the country, especially Tangiers where it was once an official international city, formerly governed by Britain, Spain, Italy, Germany, America, Portugal and France. This is reflected in the area as many Spanish and French influences can be seen in everyday life.

9. Excellent Climates
Not surprisingly, being just 35km away, the climate on Morocco´s Mediterranean coast is very similar to that of Spain´s with more than 300 days of sunshine. Temperatures are consistent throughout the year, rarely exceeding 35°C during the summer or falling below 10°C in the winter, when an average of 18°C is normal. And unlike Morocco´s southern Atlantic coast, it doesn´t get cold at night.

10. Low Cost of Living
The cost of living in Morocco has been likened to that of Spain in the 1980´s, but with everything the well heeled tourist would expect readily on hand, including the finest Arabic, Spanish and French cuisine.

Local Beer: €0.90 a glass
Petrol: €0.95 per liter
Tea & coffee: €0.45
Taxi: €3.00 for five miles
Food: Three course meal in a good restaurant: €12.00 - €18.00