Investment property in Morocco
Buying Guide
Property Overview
Continuing potential
Morocco can probably still claim to be an 'emerging market' in property terms, but so great has been the interest, in particular from northern Europeans, in snapping up affordable homes in the sun, either for investment or holiday-home purposes, that 'emerging' will not be applicable for long.
The overseas property investor is undoubtedly attracted by the fact that quality residential product is available just a few kilometres over the water from the Costa del Sol, but at a fraction of the price and with better weather and a lower cost of living to boot.
New coastal or renovated riad?
Most are buying off-plan in new coastal projects, Mediterranean and Atlantic, with prices starting from as little as 30,000 GBP for an apartment with communal facilities.
The more adventurous are buying up traditional old riad-style properties in Marrakesh or Fez and renovating into luxurious homes or hotels.
Whilst the middle-ground is taken with brand new properties built in traditional Arabic riad-style but with all of the conveniences of a modern development on the outskirts of Morocco's major cities.
A stable, sophisticated holiday destination
Morocco is certainly 'booming', in a similar manner to Spain or Portugal 15 years ago.
Thanks to King Mohammed's vision, tourist arrivals are soaring, capital appreciation is in double figures year-on-year and rental return is high as new hotel beds rush to keep apace with the rush of visitors.
With new development targeted at the high-end, offering five star luxury and facilities for the well-heeled such as marinas and spas, the stage is set for Morocco to become a stable, sophisticated, fully-fledged holiday destination with property prices to suit, hence the rush to buy now.
Key facts
- Popular and still emerging property market
- Quality residential product just a few kilometres from the Costa del Sol, with better weather and lower living costs, at a fraction of the price
- Buying off-plan in new Mediterranean and Atlantic coastal projects is favoured; prices start from 30,000 GBP for an apartment with communal facilities
- Transform a traditional old riad-style property in Marrakesh or Fez into luxurious homes or hotels
- New builds on city outskirts offer all five star luxury mod cons within a traditional Arabic riad-style property
- Tourist arrivals are soaring, capital appreciation is in double figures year-on-year and rental return is high as hotels rush to keep pace with demand
- Morocco seeks to be a stable, sophisticated holiday destination with high-end property options to suit, hence the rush to buy now
Downloadable Reports and Documents
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