Great Investment Ideas for Marrakesh Real Estate The investment in the real estate markets of Europe and the US have been made difficult and risky due to the international financial crisis. To make their investments worthwhile, several investors are looking for alternative markets that will give them sufficient profit margin and stability. In the country […]
Great Investment Ideas for Marrakesh Real Estate The investment in the real estate markets of Europe and the US have been made difficult and risky due to the international financial crisis. To make their investments worthwhile, several investors are looking for alternative markets that will give them sufficient profit margin and stability. In the country of Morocco particularly Marrakesh, investment has been proving to be attractive in the past years, thus making the place a great destination for investment. An example of a great investment in Marrakesh is the riad, which is a traditional Moroccan house or palace with an interior courtyard of garden. Marrakesh real estate has some economic clear reasons making it a most attractive investment destination. First to mention is that the real estate market in Morocco has proven to be a very strong market and with a great growth during the last many years, despite the problems in property in nearby European countries. The dependence on the European and other international markets has stopped to be a concern among investors in this country. Another reason is that the Moroccan tax system encourages and strongly agrees on foreign investment. For example, you will have a savings of up to 10% of your original investment added up due to the exemption of taxes on turnover profits during the 5 years. The transfers, invested capital and capital gains are fully guaranteed, making that an encouraging data to invest in real estate in Marrakesh.
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In terms of financial competitiveness, Morocco may be considered as a fairly young market in the real estate. However, it’s stability in the viable monetary aspect has long been shown, and very little affected during the financial crisis. The banking structure also in this country has been renowned for its solidity and discretion which makes investment in the country a safe action. Due to the ambitious and very highly qualified management and economic organizations, Morocco has demonstrated its competitiveness even as a young market agent.
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As a favourite tourist destination in Morocco, Marrakesh has the 30% of total visitors each year and considered as the country’s best and safest regulated real estate market. The economy in Morocco has been liberalized increasingly and this created the economic, financial and banking organizations to welcome foreign investors and thus promote a secure foreign exchange. Marrakesh today remains to be a good investment in real estate target because of the fact that it is a still developing country, it has a large network of financial, legal and fiscal advisers and a continuous showing of tourists. Investing in real estate in Marrakesh has further reasons in the fact that the city is a great and ideal place to spend your holidays and to retire, and with the city’s charm, historic monuments, entertainment and shopping opportunities, it is known to be the Pearl of the South.