Finance Articles

Morocco Property Investment Emerging as the One to Watch

London, UK (PRWEB) August 18, 2007 -- The Moroccan King has currently invested £2.2 billion in developing up-market coastal resorts, including hotels, villas, apartments, golf courses and marinas. The country's infrastructure is maturing well with expansion of airports and new road systems, plus within three years, Morocco will become accessible via an under water train link from San Pedro in Spain.

Budget airlines are also aiding the increasing interest in Morocco property investment (http://www.obeliskinternational.com/Morocco-Property-Investment.html) stimulating tourism and economic growth. Low cost airlines such as easyJet and Monarch both fly to the North African country with many other economical carriers following suit.

Some property companies are promoting Morocco as the next Spain; however being branded the new Spain is the last thing the Moroccan government wants. They have made plans to turn their coastline into a non high rise, aesthetical pleasing destination with the emphasis on environmental care. As the country offers everything from economical apartments to million pound villas, Morocco property investment (http://www.obeliskinternational.com/Morocco-Property-Investment.html) is attracting all types of investors, from the first time buyer to the more seasoned investor, all of which are keen to tap into this emerging market.

Morocco property investment (http://www.obeliskinternational.com/Morocco-Property-Investment.html) is proving to be very lucrative with prices doubling within a year, and according to property reports, property price growth is set to continue well into next year. Property experts predict growth figures of 40% within the next three years with a rental yield of 10%.

As established markets, Marrakech and Casablanca are among the country's strongest investment areas. As Morocco boasts 3,000 miles of coastline, developers are now looking across the country to build within the various emerging hotspots. Morocco property investment (http://www.obeliskinternational.com/Morocco-Property-Investment.html) also provides investors with exceptional tax advantages including no tax on rental income within a 3 year period, a double tax treaty with the UK and no inheritance tax.

The main surge of interest is for off-plan developments, set to breathe life into Morocco's coastline. For early investors, who take advantage of the off-plan investment opportunity, even a short term hold is sure to provide high profits. Morocco also provides tax benefits for the long term investor, making it the ideal place to build a property portfolio.

"Today Morocco is a promising emerging market and a huge growth in developments to the region is living proof of this. The Moroccan government's commitment to increase the numbers of tourists is a real incentive for developers and investors alike," said Daniel Shashoua, vice president of property developer, Benisha.

For more information on property investment in Morocco and to find out about Obelisk International's latest global projects, contact: Obelisk International on 0808 1600670.

###

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

Overseas Investment Property Market Set to be Transformed? Experience International Launch Innovative New Website
Experience International, a dynamic and forward thinking property agent dedicated to showcasing exciting overseas investment property (http://www.experience-international.com) opportunities in some of the fastest growing emerging markets of today, are pleased to announce the launch of their brand new website. To celebrate they are holding competitions to win experiences of a lifetime, read below.....

Mortgage Loan Information - Know The Basics When You Refinance or Purchase a Home
If you are currently looking for a new home, chances are that in all the excitement you won't really give any thought to the type of home loan mortgage you take out, instead going with the first one offered to you. This could be a serious mistake – costing you thousands, if not tens of thousands.

The Flattening of the Information World Produces a New Investment System Called SmartKnowledgeU™
SmartKnowledgeU™, an online investment education course, is the first comprehensive investment system that does not utilize fundamental or technical analysis as the primary drivers to identify the safest places to invest money.

Progress and Frustration in China's Banking and Petroleum Industries
Perhaps the two domestic industries that have yielded most reluctantly to market oriented reforms in China, the banking and petroleum industry, have recently shown encouraging signs of progress. At the end of last month.

Banking Basics: The Advantages Of Banking
Nearly everyone has access to some sort of account with which to conduct the regular business of banking. Access to a financial institution's accounts and other services is often taken for granted. The advantages of banking can become clearer if you review some of the basics. This is even more relevant if you happen to be one of the few that have yet to open a checking or savings account with their local bank. You not only need to know what sort of obvious advantages a bank offers, such as the different features that are available to customers, but also how these relate to you particular needs.

Mortgages. An Interest Only Mortgage: It Could Cost You More
Over 200,000 homebuyers in London during 2005 took out an interest-only loan according to the Council of Mortgage Lenders (CML). None of whom had a repayment vehicle in place and of these, 60,900 were first-time buyers.

Florida Needs An Economic Boost, Tequesta Investment Firm Has A Plan
Mirzam's New Horizons Investor Green Card program plans to bring economic injection into Florida.

Brainshark Sinks Its Teeth into Subscription Accounting with Softrax
Leading SaaS company selects Softrax to automate billing and revenue recognition.

The Fallacy Of Return On Investment In Marketing
Return on investment in marketing cannot be measured accurately.

CoreStates Capital Advisors, LLC Hires Capital Market Consultants, LLC To Build Custom Investment Platform
Capital Market Consultants, LLC, the market leader in custom Open Architecture Investment Management (OAIM) research, platforms, content and solutions for RIA's and financial intermediaries focused on the High Net-Worth space, has been selected to provide investment research and manager due-diligence for CoreStates Capital Advisors, LLC, a fee-based R.I.A. located in Newtown, PA.

Mortgage Lead Companies With Quality Mortgage Leads
With all of the internet mortgage lead companies out there on the internet, finding the one with the quality mortgage leads you are looking for may prove to be difficult and time consuming.

Did You Try the New Way of Banking?
Years ago the only way to pay for something was with a check or a credit card The idea of debit cards didn't even exist and people were accustomed to paying for things with checks

4 Simple Tests To Find Good Real Estate Investment Properties
You're driving along the road when you spot it. There in the middle of a shaggy lawn sits a disheveled property.

Advantages and Disadvantages Of A Reverse Mortgage
Betty and John, are in their mid-seventies and are currently weighing the advantages and disadvantages of a reverse mortgage as a way of freeing up some cash. The couple purchased their home 45 years ago for about $14,000 since then home values have skyrocketed and recent single family homes in their neighborhood have been selling for a minimum of $160,000.