Morocco is located in North Africa and has an approximate population of 33,241,259.
Its coast on the Atlantic Ocean reaches past the Strait of Gibraltar into the Mediterranean Sea and has international borders with Algeria to the east with Spain to the north and Mauritania to the south.
It is divided into 16 regions and then subdivided further into 62 Prefectures and Provinces.
It is the only African country that is not currently a member of the African Union although it is a member of the Arab League, Arab Maghreb Union, the Francophonie, Organization of the Islamic Conference, Mediterranean Dialogue group, and Group of 77, and is a non-NATO ally of the United States of America.
The capital of Morocco is Rabat and the official spoken languages are Arabic and French.
Most people live west of the Atlas Mountains, a range that insulates the country from the Sahara Desert. Casablanca is at the center of commerce and industry and houses the country’s leading port.
Rabat is the seat of the country’s government, with Tangier being a major port and the gateway to Morocco from Spain, Fez being the centre for culture and religion and last but not least Marrakech which is a major tourist center.
Why Invest In Morocco
Morocco presently is enjoying the investment that is being made into its property market – because it is a unique location in an emerging market prices are extremely reasonable compared to other destinations.
The ‘Vision 2010’ project has been derived to increase tourism backed by King Mohammed VI and the UAE. Their target is to improve infrastructure and increase tourism by 10m visitors each year - This means that there will be requirement for volume rental accommodation.
With investment by King Mohammed accompanied with the creation of tax advantages will help investors to feel comfortable in investing in property in Morocco.
This investment will bring new roads, trains, 5 star resorts, marinas, shopping centres and beach clubs.
Some other benefits:
The property market in Morocco is providing a sense of security for investment. Buy-to-let investors are making reports of 85% occupancy rates in the high season
Safe investment – Notary supervised property registration just like France and Spain
Morocco has a free market economy and allows free movement of money
The Costa del Sol is only 30 minutes away by hydrofoil from Tangiers
Superb golf courses, tennis clubs, riding clubs, water skiing, sailing, scuba diving, hunting, hiking, camel treks, culture for tourists
Hot, dry summers and mild winters
French, Spanish & English widely spoken as well as traditional Arabic
Excellent site seeing
Easily accessible by ferry, fast train or regular budget flights
“Open Skies” policy instigated in 2006 to allow low cost airlines to service Morocco, which will lower fares
