Your guide to buying property in Morocco
Montaña Roja Estate Agents have an extensive range of property for sale in Morocco. If you are looking to buy property abroad or are interested in sales then this buyer’s guide to Moroccan property should be able to help you. Montana Roja Estate Agents have apartments, penthouses, villas, bungalows, townhouses, country houses, fincas, new property developments and off plan investment opportunities throughout Morocco.
An often overlooked investor’s paradise Morocco has long been attracting travelers looking for an intriguing blend of peace and tranquility and exotic adventure and the area has a lot more to offer than most people realize. The Kingdom of Morocco is at the farthest west point of the Arab world and North Africa just under the Straits of Gibraltar. Morocco is strategically located with both Atlantic and Mediterranean coastlines, and a rugged mountainous interior. The 3500 km of Moroccan coastline is speckled with beautiful beaches, stunning mountain ranges and the hustle and bustle of the souk or the labyrinth like medina's, its proximity to Europe and easy connections make it only a stones throw from southern Spain and with its very moderate climate its easy to see why it attracts so many visitors.
The secret is leaking out now and Morocco is no longer an exotic playground for the jet set or a trekker's paradise for the hardy traveler, it is finally taking its rightful place in the tourism spotlight and for property investors now is the time to buy. Property here is of high quality and the price tag is guaranteed to make you smile.
Since 1999 Morocco has adopted a liberal and reformist line and the country now welcomes foreign investment which has started a trend of Spanish developers constructing holiday villages and low density condominium similar to what is an already well established concept of residential tourism in other areas. Government incentives to UK buyers include 0% tax on rental income for the first 5 years, 0% capital gains tax if profit is under the £40K or after 10 years of ownership, 0% inheritance tax when a property passes to a family member and 100% repatriation of funds when you sell.
With this kind financial of climate, Morocco is easily a logical choice for a holiday home. It is beautiful, exotic and easily reachable. Thankfully it is not on the other side of the world, the food is fantastic, the people are incredibly friendly and above all it is affordable.
The people of Morocco have a rich diversity and unique cultural blended from Arab, Berber, European and African influences.
A country of contrasts and outstanding beauty with green plains that often surprise the first time visitor meeting impressive mountain ranges with the highest points reaching some 4000 meters in the high Atlas. Morocco also offers living medieval cities such as Marrakech or Fez famed as some of the most fascinating in the world and not forgetting the vast expanses of the Sahara desert. Just a small part of what makes Morocco special.
