Morocco
Morocco is a country surging ahead into the 21st century while still retaining a wealth of tradition and history. Its progressive ruler is actively encouraging foreign investment and is intent on upping the country’s international profile.
Morocco is already making a name for itself as a new property investment hotspot as Morocco´s luxurious property developments are generally accepted to be of the highest standards available whilst very competitive prices allow Morocco to boast top quality property in 5 star luxury resorts for a fraction of the price of far less caliber property elsewhere.
Given all indicting factors, it is inevitable that property prices will rise at a rate that will please investors. The growth rate has been quoted at around 30% (Homes Overseas Magazine) while as a more conservative estimate, 15% is expected to be easily achievable.
- Property prices 50% less than other European resorts;
- Low cost of living;
- Between 0% and 20% tax on any capital gains;
- 0% inheritance tax to family
- No annual property tax for first 5 years