Overseas Property News

Morocco

Property market of Morocco attracts escalating investment

Morocco and its Mediterranean climate are attracting an escalating number of property investors from all around the globe. Throughout their array of stylish, fully fitted Moroccan property, overseas property investment specialists David Stanley Redfern Ltd offer a range of considerate services. Guaranteed rental returns, property management services and mortgage availability are applicable to their secure, ideally located apartments flats and villas which start at £54k. MD David Redfern outlined the some of the more attractive aspects that are creating such high investment levels in the country.

"Morocco offers an almost endless number of rewarding opportunities for investors who can safely buy into its property market with the reassurance of property registration and notary supervision as seen in Spain or France for example. In comparison to Europe its property comes around half price and holds minimal taxes on property purchase and maintenance. Living costs are also very low, affording those who relocate an enviable lifestyle. With up to 85% rental occupancy in peak season being frequently achieved, it's no wonder that the country has seen recent capital growth of around 25%"�.

The government's '2010' plan of attracting 10 million tourists by 2010 is to be implemented with widely modernised travel benefits such as regular, discounted flights and improved roads and railway services. Additional retail outlets, recreational facilities and accommodation in a country where English, French and Spanish are commonly spoken can do nothing but increase Morocco's already enticing profile along with demand for rental property. There's an abundance of sun baked beaches, sports clubs, sightseeing and adventure activities too, as you might expect in the culturally opulent and financially rewarding Morocco.

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About David Stanley Redfern

David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. Most properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.

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