Home Hunts International Luxury property search specialist

Morrocan property - Property for sale in Marrakech

international — Mon, 23 Mar 2009 20:22:00 +0000

If you are an International property investor looking for the latest hotspot, you should take a look at Morocco real estate.

There is no tax on rental income for the first five years of holding an investment moroccan property and there is a reciprocal tax agreement between the UK and Morocco so even when tax does become payable on the moroccan property, it can be offset against your UK liability.

And there are other tax breaks too. There is no inheritance tax if you are leaving your property to a family member, and once you have owned the property for over 10 years there is no capital gains tax either.

Access is good too. ‘Recent airline deregulation has led to over 100 direct flights every week between London and Marrakech. This was imperative in order for the economy and the moroccan property market to move forward,’ said Tim Swannie of Home Hunts.

Morocco offers a huge range of moroccan properties from studio apartments for less than 100,000 Euros to multi-million Euro riadhs and palaces.

International property purchases by the international property investor accounted for more than 15% of foreign investment in Morocco in 2006. The hub of this activity was Marrakech, where half of all property purchases are now made by international property investor. The French are overwhelmingly the largest group of foreign buyers, investing in nearly ten times more moroccan property and luxury property in morocco than the Brits or Americans.

Reasons for the popularity of morocco real estate as an international property investment among property buyers include:

a) It’s affordable – The average cost per square metre for a moroccan property (€750–€1,500) is roughly half of that for Spain (€2,000) or France (€2,400).

b) The tax conditions are favourable – There is no inheritance tax when a property is passed on to a family member, capital gains tax ranges from 0%–20%, and new properties are exempt from most property taxes in the first five years of ownership.

c) The rental market is strong – Peak-season rental occupancy can be as high as 85%, allowing mortgages to be covered for the whole year from just summer-time rental income.

d) It’s close to Europe – Morocco’s geographical proximity to Europe and good travel connections make it an easy place to visit. Both easyJet and Ryanair have launched low-cost routes to Morocco.

e) Quality of life can be good – Morocco has a relatively low cost of living, a pleasant climate and beautiful natural environment, and expatriates can often manage with English, French or Spanish.

Home Hunts the international property consultants specializing in the international property market. We have a team of international estate agent and consultants based in Morocco to assist you with enquiries into property for sale in morocco. Contact Home Hunts to discover morocco real estate and to discuss you requirements.

Telephone - 0033 970 44 66 43

or email info@home-hunts.com

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international — Mon, 23 Feb 2009 20:49:00 +0000

WELCOME TO THE HOME HUNTS INTERNATIONAL BLOG

international — Tue, 03 Feb 2009 21:41:00 +0000

Looking for a holiday home or investment overseas?

Home Hunts specialise in finding luxury properties around the world for international clients.

We have Luxury international property throughout Europe, the Middle East, Africa and the Americas. We also have a number of properties in Asia available - we are constantly growing.

If you are looking for a luxury home overseas in one of the following countries or areas, give us a call

FRANCE ITALY SPAIN PORTUGAL USA CANADA MOROCCO

or further afield. We can find properties for sale ANYWHERE in the world!

Our luxury property specialists are on hand to help. Keep your eye on the home hunts blog for updates and also visit our website at www.home-hunts.com

Prospering Moroccan Real Estate

international — Wed, 12 Dec 2007 14:06:00 +0000

When you stand amongst Morocco’s vast canyons, sprawling deserts, mosaic rich riad’s and rich fossil deposits, there is no denying that a truly ancient history is on display here as in few other places on earth. Located along the North Atlantic and the Mediterranean Sea and tucked between Algeria and the Western Sahara, Morocco is an historical cradle of culture and revolution that saw Arab progress, Spanish conquest, French rule and finally independence in nineteen fifty-six.

Morocco’s resulting polyglot identity provides endless fascination and intrigue for travelers. The official language in Morocco is Arabic, although Morocco’s original inhabitants, the Berbers, who still constitute more than half of the population, speak a dialect which belongs to the same family of languages as Arabic and Hebrew. It is believed to be the oldest language in North Africa. Following the Berber language, French, the legacy of the protectorate is the third most widely spoken language. Then a multitude of other languages including Spanish, Italian, English, Swedish and Japanese can be heard when winding through the crowded souks.

The current King Mohammed VI is investing great resources and billions of dollars into advancing Morocco’s economy, Moroccan property and the country’s appeal to foreign tourists and investors. King Mohammed’s VI initiatives will emphasize and strengthen every sector of the country including the current infrastructure – with advancements in education and health care, increase of telecommunications, electricity, construction of new highways and improvements to insurances. With King Mohammed VI’s dedicated initiative to improve the country’s image and economy, Morocco is proving to be an excellent location for investors interested in real estate in Morocco and property in Morocco.

Furthermore, the Morocco real estate market offers considerable diversity in the types of Morocco property for sale. Be it an original Moroccan riad, beach front villa or a mansion in Marrakech, Moroccan property offers something for all tastes, purposes and budgets. Furthermore, Morocco poses an attractive location for investment due to the low cost of living and exchange rate for the Euro and British Pound. Therefore, the degree of foreign interest in Moroccan real estate can be easily understood as it provides a luxury and lucrative exchange for your money.

Morocco property is currently becoming one of the world's leading luxury emerging markets. It is popular for many reasons but one of the major considerations is the excellent price that luxury Moroccan homes can be purchased for during this era of major development and construction.

Contact Home Hunts to secure you Moroccan property investment.

Is Owning A Luxury Overseas Property Appealing to You?

international — Thu, 20 Sep 2007 13:56:00 +0000

Home Hunts knows that purchasing property in any overseas location requires an extensive amount of research, planning and preparation. Our expertise knowledge of overseas property combined with our well established connections with international real estate agents, and international property consultants enables us to assist those interested in overseas property investment buyers and sellers with intelligent and reliable information and services on holiday homes overseas.

Home Hunts are professionals who can guide you through a successful investment in property abroad. One call to a Home Hunts consultants provides buyers and sellers with the support needed to make a wise purchase decision regarding international real estate.