Moroccan Properties Ltd

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About Morocco

About Morocco

  • Situation - Situated on the western end of North Africa, the kingdom of Morocco has a coastline that stretches from the Mediterranean to the Atlantic.
  • Languages Spoken - Mainly Arabic & French.  Spanish spoken near to the Med Coast and English in most Tourist areas.
  • Currency - Dirhams. 1 Moroccan Dirham = 100 centimes.
  • Time Zone - Greenwich Mean Time (same as UK)
  • The Economy - Agriculture: exports include cereals, Dates, figs olives, almonds,oranges and lately bananas and roses
  • Minerals - Morocco has a rich reserve of phosphates( approx three quarters of the worlds stock, this has historically accounted for about 40% of it’s export earnings.
  • Entry requirements - Passport. ( Check passport validity and visa requirement for some countries).
  • Transportation - Railway network 1.893 km, Highways and paved roads 59.474 km.
  • Electricity - 220/240 volts.
  • Driving - On the right side.
  • Airports - Agadir, Al Hociema, Casablanca, Dakhla, Essaouira, Fes, Laâyoune, Marrakech, Nador, Ouarzazate, Oujda, Rabat-Salé, Tangier and Tetouan.
  • Climate - The climate varies according to the regions, the coast has a very mild climate in the summer and humid in the winter, average temperature from 16°C to 26°C. Inland is much warmer during the summer up to 33°C.

Why Morocco

  • Property prices are in some cases as much as 60% cheaper than similar European Resorts.
  • Morocco has an incredibly low cost of living in comparison to other European resorts.
  • It is a property hot spot and the best by far in comparison to other emerging markets worldwide.
  •  Only 3 hours from London
  • No rental tax for 5 years.
  • Capital gains tax is 20% on profits over €60,000 - After 5 years that goes down to 10% and after 10 years there is no capital gains tax as it is rated at 0%.
  • There is no inheritance tax if you leave your property to a family member.
  •  The Open Skies agreement starting in Morocco in January 2007 will open the country up to all the low cost airlines such as Ryan Air, Easy jet, Monarch, BMI etc.
Playa Vista

Playa Vista

Stunning 180 views of the Mediterranean sea guaranteed with each luxurious apartment and penthouse.

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Domain del Akhdar

Domain del Akhdar

Luxury boutique design, private riad-style villas by renowned architect Charles Boccara.

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Malaysia

Malaysia

Guaranteed 8% rental yield return on a 13 year period on this unique water chalet development.  

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