The document provides information about property investment opportunities in Morocco. It discusses several coastal towns and new resort developments that would be suitable for purchasing a vacation home or investment property. These include Tetouan, Asilah, Port Lixus, Martil, and Saidia. The document also outlines the process for viewing properties on an arranged tour, making a purchase, costs involved, and mortgage options available to foreign investors. Overall it promotes the prospects for capital growth and rental income from real estate investments in Morocco.

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Welcome to Morocco
“Leading the way in overseas property investment”
APPOINTED AGENT

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Contents
- Morocco.................................................................................................................................2
- A guide at your finger tips..................................................................................................3/4
- Tetouan..................................................................................................................................5
- Asilah.....................................................................................................................................6
- Port Lixus..............................................................................................................................7
- Martil.....................................................................................................................................8
- Saidia.....................................................................................................................................9
- Viewing your perfect property .....................................................................................10 / 11
- Making your purchase & Buying costs...............................................................................12
- Mortgages............................................................................................................................13
- World Legal Services..........................................................................................................14
- The Diamond Experience...............................................................................................15/16
- Red Hot Homes...................................................................................................................17
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Morocco – hot spot for property investment
Nestling on the northern tip of Africa, with a (Homes Overseas Magazine) but as a more even larger occupancy levels for investors
climate, geography and history more closely conservative estimate of 15% is expected as and even potential growth in rental prices as
related to the Mediterranean than to the rest being very achievable. demand increases.
of Africa, visitors are often struck by the
Rental Yield Predictions
odd sensation of having not reached Africa. The major catalyst behind the huge growth in
A country of mountains and deserts, with a Morocco’s tourist industry and the massive
coastline fronting both the Mediterranean Rental income from Morocco based property amount of overseas investment into the
and the Atlantic, providing plenty of sandy is also of great interest to investors as good stunning new luxury property developments
beaches as well as a number of fascinating rental yields are achievable from property is the massive national development
old coastal cities and an unmistakably in the new luxury resorts being constructed. plan devised by King Mohammed VI in
enticing ambiance. It is expected that mortgage payments and conjunction with the UAE. This project
bills can be covered for the year from the called “Vision 2010” was launched with the
Capital Growth Predictions rental income achieved from the peak purpose of drastically increasing number of
season months alone. Peak season months annual tourist visitors. In fact the goal was
Many sources offer different views on what are classed as June - September and rental more specific than this to increase tourism
is expected to happen to the value of new based on a 2 bed apartment costing around by 5 times by 2010 to 10 Million visitors and
Moroccan property in the newly constructed €100,000 is expected to be around €2,000 generate 600,000 new jobs in the process.
resorts. There are some differences in per month. With 85% rental occupancy This very ambitious project was presented
opinion as always but the one common factor currently during the high season and the by the new and young King Mohammed VI
is that prices are expected to rise and at a number of tourists set to grow faster than in 2001.
rate that will please investors. The growth the amount of available accommodation this
rate has been quoted as being around 30% figure is expected to grow not drop meaning
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A Guide At Your Fingertips
Why Morocco • Beautiful untouched towns and • Ideal conditions for windsurfing,
hiking, camel riding and even snow
villages
skiing
• Year round destination with 320 days
of sunshine Living in Morocco
Investment
• 35º in summer, 22º in winter • The official language is Arabic
• Capital growth of between 15% to
however English, Spanish & French
• Unspoilt golden sandy beaches 30% predicted
are widely spoken
• Fully equipped marinas with 5-star • 2.2 million visitors per year, a rise
• Low cost of living, lower than Spain
hotels and facilities of 26%
and 1/3 cheaper than the UK
• Sophisticated nightlife, restaurants, • Strict building regulations
• EU passport holders do not require
clubs & pavement cafes a visa (children will need their own
• Low taxes
passport to enter the country – dual
• Markets, snake charmers and ownership passports are not
traditional restaurants • Substantial development in excess
permitted)
of $2 million is underway by one of
• Superb championship golf courses the world’s largest developers,
• Cosmopolitan lifestyle, great cuisine
inviting comparisons with Dubai
and culture
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A Guide At Your Fingertips
• Approximately an 18 month Facts
construction period
• General infrastructure is rapidly
Tax in Morocco improving with billions of dollars
being poured into roads, airports and
facilities
• 0% capital gains tax under 40k or
after 10 years
• Popular towns include Tangiers
(famous for its bazaars) Marrakesh
• 0% inheritance tax when passed on to
and Casablanca
a family member
• Unique and exotic lifestyle
• 0% tax on rental income for first
five years
• Excellent year round rental
opportunities
• 6% plus rental yields
• Much greener than Spain
• 100% repatriation of funds
• A stable constitutional monarchy
headed by his Royal Highness King
Mohammed VI
• The entire country measures
446,550m², just one-tenth larger than
California
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Tetuoan – Mediterranean style
Situated on the Mediterranean coast just pickings for tourists and residents alike are
40km from the exotic town of Tangiers, just some of the attractions of this delightful
Tetouan is the capital of northern Morocco. town.
The region is noted for its natural beauty
and rich surroundings awash with fragrant The dramatic backdrop of the Rif Mountains
orchards, almond groves, cypresses and to the south and west, add a stunning contrast
charming houses nestling on the hillside. to the lush Martil Valley and also protect the
coastline from more extreme winds, creating
The town is characterised by the distinctive a temperate year round climate.
Mediterranean style, blue and white One town definitely worth visiting whilst
buildings bearing testament to its time as the in Morocco is the charming coastal town
capital of ‘Spanish’ Morocco. A labyrinth of of Asilah situated in northern Morocco just
winding streets leading to busy squares and south of the bustling city of Tangier. Dating
markets bustling with activity offering rich back to 1500BC, historically an important
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Asilah – crystal clear Atlantic waters
fishing port but today the town is a popular The standard of amenities, scenery and
coastal resort located on the country’s ambiance have bewitched many visitors,
Atlantic coast. many artists are attracted the area and there
are also festivals, particularly in August
A magnet for beach lovers, water sports celebrating the local artists and musicians.
enthusiasts, golfers and those looking to This is a fantastic location for soaking up
explore the rich culture, a unique mix of the the authentic atmosphere of the Morocco,
exotic tempered with familiar Mediterranean whilst still enjoying those little comforts of
architecture evident in the famous blue home.
and white houses prevalent throughout the
region, conjuring up images of Greece and
also its close neighbour Spain.
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Port Lixus - Perfect up market destination
The Port Lixus is a luxury all year round The Atlantic coast of Morocco is renowned
beach resort, offering top of the range sports, for its crystal clear water and 8km of fine
leisure and health facilities, providing the powdery white sandy beaches. Port Lixus
perfect destination for those looking for a will be a magnet for those looking to enjoy
little bit more than a holiday home. outdoor sports and leisure activities such
as tennis, gym, swimming and two 18-hole
Located on the Atlantic coast of Morocco golf courses. It will also attract dedicated
just 40km south from the colourful city marine lovers, for its deep sea fishing
of Tangiers, the resort will appeal to the and water sports. Amongst the facilities
discerning investor looking for a luxury available in the region are an equestrian
residence, in the best location complimented centre, sports training centre, a pleasure port
by plethora of international standard and a marina.
facilities both on-site and within the local
vicinity.
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Martil – the best beaches in Morocco
Located on only twenty minutes from the The fine golden sandy beach, lapped by
bustling town centre of Tetouan, we find crystal clear waters is up there with the best
the charming coastal resort of Martil. Until of them, attracting many visitors looking for
recently largely undiscovered by overseas a cooling dip, water sports, sailing or just sit
tourists or developers, Martil is an established on the sand and watch the world go by.
resort enjoyed mainly by wealthy and middle
class Moroccan’s during the summer season. Hotel accommodation in the area is limited
mainly to the town centre and is generally
The architecture is typical of the regions fully booked during high season, highlighting
Moorish style, although unremarkable in the need for the new high quality beachside
design, although the town is bright and developments.
enticing, featuring a beautiful promenade,
stretching along the beach for several
kilometres, ideal for a relaxed stroll whilst
watching the sunset.
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Saidia – a taste of exotic luxury
One of Morocco’s most popular villages unlimited leisure facilities. The marina, one
located on the Mediterranean coast is of the largest in the Mediterranean will be
currently undergoing huge transformation a magnet to sailing enthusiasts providing
into a major tourist centre. Mediterrania- a range of services including tourist
Saidia is a unique totally comprehensive information and there will be a chandler’s
international residential and tourist store and the harbour master’s office.
resort designed to provide high quality
accommodation within a region measuring In anticipation of demand there will be
over 7,000,000m² and an incredible six thousands of luxury residencies, hotels,
kilometers of coastline. beach bars, restaurants and international
shopping opportunities. Every eventually
A luxury year round location offering a has been planned for including a heliport,
taste of the exotic on the Mediterranean, sports, business, conference and exhibition
a fantastic resort with miles of unspoiled centres against an idyllic Mediterranean
sandy beaches, a new 840 berth marina, backdrop.
three 18-hole championship golf courses,
eventually seventeen golf courses will line
the coastline, luxury hotels and seemingly
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Viewing Your Perfect Property
Payment
We recommend that you join us on a • You will be greeted at your UK departure
property inspection programme. Our client All flights are booked by us on your airport by our UK representative who
services team will be pleased to book your credit card, to ensure you are covered by will provide you with our information
flights and hotel on your behalf. The tours international travel regulations imposed pack and details of your tour.
are kept to the best value. We will advise by I.A.T.A protecting your interests in the
you when you are considering a trip. unlikely even of default. • On arrival you will be taken to your hotel
and given time to relax after your
Departure Airports
Arranging a property inspection programme journey.
could not be easier. We will take care of your Subsidised inspection flights are available
flights and 4-star hotel accommodation and from London, Manchester and Dublin. We • We will provide a welcome meeting
arrange for you to be met at the airport by are happy to assist you with any arrangements where our team will tell you all about
one of our English speaking team. for connecting flights to these airports. your resort, the legalities of purchasing
Arranging a property inspection programme and our unique after sales service.
The Property Inspection Programme
could not be easier. We will take care of your
flights and 4-star hotel accommodation and We guarantee your property inspection • We will introduce you to the culture of
arrange for you to be met at the airport by programme will be most enjoyable and your destination with a special gala
one of our English speaking team. rewarding. dinner.
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Viewing Your Perfect Property - Tangier
• You will be toured in air-conditioned *This tour has to have pre purchase deposit
comfort to the properties of your paid.
preference.
* If these dates are not convenient or you
Here is our September programme* wish to go later please contact us and we
will do our best to accommodate you.
MOROCCO, (Ceuta/Tangier) 2NIGHTS;
3 DAYS Contact us on our free phone numbers to
6th September – 8th September talk to our dedicated consultants who will
13th September – 15th September be happy to help you arrange a property
inspection programme or help you to
Departing from Gatwick, Manchester,
decide what and where you would like to
Dublin to Malaga ₤199 per person
purchase.
MOROCCO, (Saidia) 2 NIGHTS, 3
DAYS Free phone:
27th September -29th September UK: 08000 664 980 / IRE: 1800 760 196
or email: info@redhothomes.co.uk
Departing from Gatwick, Manchester,
www.redhothomes.co.uk
Dublin to Malaga
Private Jet connection to Saidia* ₤199 per
person
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Making Your Purchase & Buying Costs
When you have decided on the property when all payments are due and help you with advisor.
you wish to purchase, it will be necessary any questions concerning your purchase.
Buying costs
to make a deposit starting from 3500€ (incl.
50% legal admin fee). You should have this You will also be contacted by HiFX
available by credit card or cash (euros). This our recommended currency exchange Buying a property in Morocco differs from
deposit will reserve the property for you and organisation. They will demonstrate to you the purchasing process in the UK. It is
it will be removed from the market. This how you will be able to save considerably necessary to allow an additional 6% of the
reservation fee forms part of your deposit on your currency payments overseas. purchase price for taxes, notary and legal
due upon signing the Private Purchase fees.
Contract, which is generally due thirty days Finally our after sales team ‘The Diamond
later. Experience’ will contact you to introduce
themselves and will be on hand to help you
Immediately after you return home you will with any questions relating to the purchase
be contacted by Worldwide Legal Services of your property.
our legal advisory service. They will offer
to appoint an English speaking lawyer for Should you require a mortgage for your
you and act as an interface between you purchase or to make multiple purchases we
and your lawyer, throughout your purchase will be pleases to advise you. Tax issues
ensuring that you are kept fully aware of should be discussed with your own tax
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Mortgages - Helping your Investment
Interest only mortgages Repayment mortgages
Although, Morocco is a recent emerging
As the name suggests, only the interest Generally repayment mortgages last for
market there are now several mortgage
is paid on this type of mortgage and the 25 years. The borrower will repay both the
products available to non-residents that
entire purchase price is repayable when the capital borrowed and the interest charged on
will enable you to comfortably afford your
purchaser decides to clear the mortgage. the entire sum.
purchase or for you to take advantage of
Interest free mortgages are only available
multiple purchases, thereby enhancing your
Example
for a limited time of three years.
investment.
Purchase price: 80.080€
Example 40% deposit: 32.032€
Although, not as developed as in Spain, there
Purchase price: 80.080€ Mortgage: 48.048€
are several routes available. Purchasers
40% deposit: 32.032€
from the UK and Ireland can release equity
Mortgage: 48.048€ Monthly repayments on a 25 year typical
on their home property, repayment and
repayment mortgage on 6.32% interest
interest free mortgages are also available
Monthly repayments on a typical interest would be only 319.04€, which is only
to borrowers on both off-plan and resale
only mortgage on 5.5% interest would be 10.48€ per day.
properties.
only 220.22€, that’s only 7.24€ per day.
Equity release For further information contact the Diamond
Experience on Free phone:
A popular method for UK and Irish
UK – 08000 664 980 / IRE: 1800 760 196
purchasers is to release the equity release
from their property at home.
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Worldwide Legal Services
NO OTHER GROUP OFFERS SUCH
Worldwide Legal Services is an interface Your purchase will be tracked throughout
AN ALL EMBRACING PACKAGE OF
between overseas purchasers and lawyers. the entire procedure and you will be advised
BENEFITS TO OVERSEAS PROPERTY
Their service ensures that correct procedures when payments are due. The team is at your
PURCHASERS
are followed to ensure your property purchase disposal to obtain the answers to any of your
in Morocco goes smoothly. Providing a legal questions concerning you purchase.
UK 08000 664 970 / IRE 1800 760 195
fully independent legal advisory service
Email:
utilising a panel of Moroccan Bar registered The advisors are available by free phone
info@worldlegalservices.co.uk
bi-lingual lawyers, all of whom specialise in during office hours.
http://www.worldlegalservices.co.uk/
property transactions.
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The Diamond Experience
The better way to buy your overseas A website full of important information Property Holiday Swap Service
property at your finger tips The Diamond Experience has devised a
When you have made the decision to As soon as you have purchased your property unique holiday property swap programme
purchase an overseas property, The you will receive regular updates via the that will enable owners to swap their
Diamond Experience can help you achieve member’s section of the website. You will property, with another member, allowing
the maximum return and pleasure from your be able to access FREE updates on your new each to enjoy the benefits of the a different
new investment. Providing a dedicated team property, a wide range of discounts on other resort. Even if you have chosen a ski
to assist you, whilst you sit back and relax in items and a dedicated call centre, which will property in Bansko, there is no reason why
the knowledge that your interests are being be on hand to take your call on a free phone you cannot enjoy a holiday on the tropical
taken care of, whilst guiding you through number and happily answer your questions. islands of Cape Verde.
the first steps of your purchase right up to
At your side
the handing over the keys and beyond.
When nearing the completion date for
Money saving benefits your property, you will be guided through
Just have a look at the benefits on offer the completion process, including a FREE
free of charge to members of The Diamond completion check (snag list), essential in
Experience programme. (However, should order to allow your lawyer to complete on
you decide not to join the membership the purchase.
program we can still offer you our services
on an individual fee basis).
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The Diamond Experience
Benefits for Members • Corporate accommodation rates for pre • Worldwide Property Swap Service
completion visits
• Call centre Contact us on Free phone:
UK 08000 664 980 / IRE 1800 760 196
• Priority quotations from UK FSA,
• Members only area of the website insurance company Email:
info@thediamondexperience.co.uk
www.thediamondexperience.co.uk
• Access to photos and updates of your new • Liaising with developers and financial
property services ( one point of contact)
• FAQ section put together using feedback • Regular updates
from clients
• Coordination of any out source work
• Deal with unforeseen / arising issues with requested by members
a satisfactory resolution time.
• New benefits being added on an ongoing
• A complimentary airport collection basis
• Total peace of mind that every eventuality
is covered
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Red Hot Homes
For further information on prices, availability and
Red Hot Homes is an established international We are committed to providing a thorough,
the latest new releases contact your agents who will
team with over 200 years experience professional service starting from first contact,
be happy to spend as much time as you wish to help
(collectively), offering the best choice of choosing a property, arranging inspection trips, legal
you decide where and what to purchase.
off-plan, new and exclusive developments in and financial advice, through to our extensive after
latest emerging markets. sales services. All clients will be guided by our own
highly trained property professionals, who live and
All properties featured have been thoroughly work within the regions and are familiar with the
researched by our professional Product local purchase practices.
and Legal departments to ensure that they
exceed all the necessary criteria, offering Red Hot Homes take pride in offering the best
you the best locations, design and hottest personalised service within the industry, providing
investments with highest capital growth and options for long, mid or short-term property
rental potential, sometimes with the rental investment opportunities in all the hot spots around
income guaranteed! the world.
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