Buying property in Morocco offers investors the opportunity to enter a strong emerging market. Property in Morocco's prime tourist locations is in high demand amongst holiday homebuyers and tourists alike.
Overseas investors are making the most of the opportunity to buy property in Morocco while prices remain comparatively low and growth rates are reassuringly high.
Those buying property in Morocco are undoubtedly attracted by the fact that quality residential real estate can be found just a few kilometres across the water from Spain’s Costa del Sol, but at a fraction of the cost. Buying property off-plan in Morocco’s new coastal resort projects on the Mediterranean and Atlantic coasts is a favoured option amongst many of today’s buyers of property in Morocco. They offer great buy-to-let potential and luxury facilities to please even the most discerning of modern-day tourists. Meanwhile more adventurous buyers of property in Morocco are snapping up traditional Riad-style properties in and around Marrakech or Fez and renovating them into luxury homes or hotels.
Buying property in Morocco is a relatively simple procedure, akin to the French system. Foreigners can buy Moroccan property without restrictions but you’ll need to employ a good English-speaking lawyer who will ensure the issue of title deeds is clear and that your purchase runs smoothly.
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