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Great Reasons for Investing Real Estate in Marrakesh

The investment in the real estate markets of Europe and the US have been made difficult and risky due to the international financial crisis. Alternative markets are looked into by many investors in order to make their investments stable and with enough profit margin to make a worthwhile investment. In the country of Morocco particularly Marrakesh, investment has been proving to be attractive in the past years, thus making the place a great destination for investment. For sale in Marrakesh is the popular riad, a traditional Moroccan palace with an interior garden, which is a great investment.

As an investment destination, the Marrakesh real estate has several economic reasons why it is most attractive. First to mention is that the real estate market in Morocco has proven to be a very strong market and with a great growth during the last many years, despite the problems in property in nearby European countries. This is due to the fact the many investors do not have any concern on the effects of the European and other international markets.

The next reason is that foreign investment is strongly encouraged and favoured by the Moroccan tax system. For example, you will have a savings of up to 10% of your original investment added up due to the exemption of taxes on turnover profits during the 5 years. It is also an encouraging fact that the transfers, invested capital and capital gains are fully guaranteed by the Moroccan tax system.

It may be that the Moroccan real estate market is a fairly young market where financial competitiveness is concern. But, it was affected very little by the recent financial crisis which shows a viable monetary stability. Aso, because of their banking structure famously known for its solidity and its discretion, investing in this country is considered a safe move. Due to the ambitious and very highly qualified management and economic organizations, Morocco has demonstrated its competitiveness even as a young market agent.

Marrakesh particularly, is a Morocco’s favourite tourist destination, contributing 30% of the total visitor each year, and this is due to the country’s best and safest regulation in the real estate market. The economy in Morocco has been liberalized increasingly and this created the economic, financial and banking organizations to welcome foreign investors and thus promote a secure foreign exchange.

Marrakesh today remains to be a good investment in real estate target because of the fact that it is a still developing country, it has a large network of financial, legal and fiscal advisers and a continuous showing of tourists. Dubbed as the Pear of the South, Marrakesh is an absolute ideal city to spend holidays or even retire, with its charming city, tourist attractions, entertainment, shopping opportunities and historic monuments, thus making it a great place to invest in real estate.
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