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Morocco

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Morocco has long been attracting travelers looking for that intriguing blend of peace and tranquility and exotic adventure; and with over 3500 km of coastline speckled with beautiful beaches, stunning mountain ranges and the hustle and bustle of the souk or the labyrinth like medina's, its easy to see why.

Morocco has more to offer than most people realize, its proximity to Europe and easy connections make it only a stones throw from southern Spain; and with a very moderate climate, in the North the average winter temperature is around 18ºC, it is easy to see why the inhabitants of the Costa del Sol have been coming here for years. Well the secret is now out, Morocco is no longer an exotic playground only for the jet set or a trekker's paradise for the hardy traveler, Morocco is finally taking its just place in the tourism spotlight.

It's a country of contrasts with green plains that often surprise the first time visitor, meeting impressive mountain ranges with the highest points reaching some 4000 meters in the high Atlas. Living medieval cities such as Marrakech or Fez are amongst the most fascinating in the world and of course the vast expanses of the Sahara desert are just part of what makes Morocco special.

Since King Mohammed VI assumed power in 1999 Morocco has adopted a liberal and reformist line, the country now welcomes foreign investment and this has started a trend of Spanish developers constructing holiday villages and low density condominium similar to what is the already well established concept of residential tourism on the Costa del Sol. Government incentives to UK buyers include:

  • 20% before 8 years
  • After 8 years reduces to 0%
  • 0% inheritance tax when a property passes to a family member
  • 100% repatriation of funds when you sell

With the financial climate being as it is Morocco is a logical choice for a holiday home, its beautiful, its exotic but easily reachable, its not on the other side of the world, the food is fantastic, the people are incredibly friendly and above all its cheap!

Property is of high quality and the price tag is guaranteed to make you smile, similarly the lifestyle is great and the price won't hurt your wallet. A slap up lobster, prawn & spider crab meal in a beachfront restaurant will cost a fraction of what it would cost anywhere on the Costa del Sol. However one of the most attractive aspects of this country is the warm outgoing nature of its people.

About Morocco

Morocco has more to offer than most people realize, its proximity to Europe and easy connections make it only a stones throw from southern Spain; and with a very moderate climate, in the North the average winter temperature is around 18ºC, it is easy to see why the inhabitants of the Costa del Sol have been coming here for years.

Well the secret is now out, Morocco is no longer an exotic playground only for the jet set or a trekker's paradise for the hardy traveler, Morocco is finally taking its just place in the tourism spotlight.

What is the Capital of Morocco?
Rabat

What is the Population of Morocco?
32 million

Who is the King?
Morocco is a Kingdom ruled by King Mohammed VI. He came to power in 1999 aged 34. His father King Hassan II was the longest serving leader in the Arab World from 1962 to 1999.

What is the time in Morocco?
Morocco is on Greenwich Mean time so is the same time as London.

What language do they speak in Morocco?
Arabic is the official language however French, Spanish and English are widely spoken

What currency do they use?
They use the Moroccan Dirham (MAD). However visitors cannot bring Dirhams into the country so you can change your money on arrival or just withdraw cash from any of the cashpoints.

What is the exchange rate?
€1 = 10.96 MAD
1 GBP = 15.89 MAD
US$ = 9.06 MAD
(Valid on 5th January 2006 - these rates are subject to change)

How far is Morocco from the UK?
Average flying time of 2 ½ hours

How far is Morocco from Spain?
Ceuta to Algeciras is just a 30 minute ferry ride and with the new Channel Tunnel being built by 2010 getting to the Costa del Sol will be even easier!

Can I play Golf?
There are over 30 golf courses in Morocco. King Hassan II was an internationally ranked golfer so Morocco has recently developed quite a reputation for excellent golf courses.

How much is a round of Golf?
Typically you would pay €40 for a round of golf.

Are there any marinas and how much is a berth?
Yes there are a number of marinas and on average you will pay €300 per year for berth fees

What activities are available?
There are a number of tennis clubs, equestrian centres, a wide range of watersports, golf courses, plus numerous marinas offering sailing and boat trips. You can go skiing in the Atlas Mountains and camel trekking in the Sahara Desert.

Ask about Morocco at any of our property exhibitions or offices and discover why this country is about to become the hottest new destination for residential tourism and an investors paradise.

If you would like more information about property in Morocco, please feel free to contact us