Détails Blog

Description of the blog

The Kingdom of Morocco is a country in north-west Africa. It has a long coastline on the Atlantic Ocean which extends after the Strait of Gibraltar to the Mediterranean Sea. Morocco is full of contrast, color and mystery and all you can do is just catch your breath and marvel. It has a timeless quality that no longer exists in the modern world. Morocco has become one of the main holiday destinations in the Mediterranean, an exotic place endowed with an extraordinary natural and cultural wealth. A rapidly growing vacation market focused on quality. Today, Morocco is a promising emerging market and the strong growth of developments in the region is living proof.

The Moroccan government's commitment to increase the number of tourists is a real incentive for developers and investors. There are several reasons why Moroccan real estate is such a profitable investment, in particular the fact that Morocco enjoys stability relative for a long time. In addition, the climate in many parts of the country is very attractive to people in many countries of the world. Capital growth has been strongest in several major cities, including Casblanca, Fez, Marrakech and Tangier. Areas along the Mediterranean coast are expected to experience the next boom - prices are currently very low. The relatively low cost of living is another reason why investment in real estate in Morocco is currently so attractive.

Foreign money can go very far in the country, which makes luxury living very inexpensive. This led to the creation of numerous foreign real estate investment companies specializing in helping investors to find the ideal property for their investments. There is also a wide variety of types of property available on the Moroccan real estate market. Whether you want to invest in a vacation resort, rental unit or business, there are hundreds of viable options. The Moroccan real estate market provides a great abundance of investments, making it easily accessible to all groups of investors whatever their budgetary constraints. When buying a property in Morocco, the most important factor is to work with an established agent , who can guide you through each step of the process and help you avoid the pitfalls. When you have chosen a property to buy in Morocco, you will have to make a verbal offer through the agent, which must be accepted by the seller. Once a price agreement is reached, sales negotiations will continue. Also, it is wise to appoint a lawyer who is fluent in your language in order to fully understand all legal issues and to know exactly what is going on.

And buying property in Morocco is a standard procedure, similar to anywhere on the European continent. The buyer will open a euro account with a bank in Morocco and transfer pounds or euros to it. The euros will then be converted into dirhams when the seller pays funds.