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Morocco offers the savvy investor an excellent opportunity with prices currently being approx. 50% less than in other European hotspots like France, Spain and Italy.

Areas like Saidia on the Mediterranean coast are offers excellent investment potential being only 40 minutes flying time from The Costa Del Sol, yet a fraction of the price.

The development in this area is aimed at the up market set, with many big name designers already snapping up some of the retail areas and rumours of some of the world’s best footballers having already invested here are rife.

King Mohammed’s 2010 vision is fuelling the demand. This plan should see some 10 billion Euros invested to bring Morocco’s tourism up to first class standards. Part of the vision is The Plan Azure.

This centres around six new up market resort areas, with the aim being to attract 10 million visitors by 2010. These investment areas together with the planned upgrades to the infrastructure, which include new local airports, motorways, high speed rail links, new ports and even an ambitious plan to build a tunnel under the sea linking Morocco and Spain, should over the next few years, see any buy to let investors gaining a good return whilst sitting on a prime piece of real estate.

Why Morocco?

-	Prices approx 50% cheaper than other favoured European resorts.
-	Low cost of living.
-	10 year build guarantee similar to NHBC system in the UK.
-	Heavy investment in tourism and related infrastructure.
-	Since 1st January 2006 an "open skies" agreement has been in place with the effect that low cost airlines have been flooding in, boosting the number of tourists.
-	The Economy is healthy and stable, in 2006 the GDP (Gross Domestic Product) stood at 8%.
-	Mortgages up to 70% of the property value are now available.
-	For the first 5 years NO property tax needs to be paid.
-	The tax is then paid on the annual rental value of the property, which is up to 30% on a sliding scale.
-	A buy to let investor who never lives in the property will have to pay 13.5% on the rental per annum.
-	Morocco has a double taxation treaty with the UK meaning that where tax is due you only pay it once.

Morocco has the perfect holiday climate, giving a long all year season, great news for investors wanting to maximize the rental potential of their investment!

As in any rising market, Moroccan foreign buyers should enjoy healthy capital gains as investments in Moroccan infrastructure to support the building boom come into fruition.