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Buying a house on the estate does not only provide the luxury of living in a wonderful environment nearby Marrakech, it also ensures a SECURED INVESTMENT. Marrakech is the perfect place to invest and there are many reasons for this. BUYING COSTS The process of buying and owning a property in Marrakech is safe and straightforward: registration supervised by a solicitor similar to France and Spain. Interestingly buying costs are 50% less than buying its European equivalent making it financially easier to invest in Morocco. GROWTH The Marrakech real estate market is booming with realistic growth of about 15% a year. This growth is confirmed by all the investment specialists based on the motivation of the government to increase the number of tourists to 10 million in the country per year by 2010 from 2.2 million in 2002. Moreover, Morocco is an economically healthy country. Annual growth is a stable 6.8% due to its major industries: mining, textile, tourism and leather goods; the credit crunch however has negatively affected the property market during the course of the last year. RENTAL YIELDS Equally, rental yields are showing impressive performance. Average rental yields of 8.23% have been registered in Marrakech for apartments. The resorts now being developed are expected to be generating excellent rental yields for investors, with occupancy rates already as high as 85% in the high season and with more tourists arriving every year. Villa owners can also make use of our letting services to rent out their house in order to secure their return on investment. OFF-PLAN PROJECT Investing on an off-plan project such as DWAR KER EZZAITOUNA will also allow you to make a better investment by reserving a house at an early development stage because your property will see its value increase across the building phases as the housing market grows and the estate becomes a more popular place. GOVERNMENT INVESTMENT The government has already invested over 8 billion euros to achieve its touristic ambition by building new homes and improving its infrastructure (new roads and motorways, High Speed Trains, new terminals, etc.). "Homes Overseas" believes that this is likely to have a knock-on effect on the Moroccan housing market, which could potentially encourage more foreign investors to look there for possible wealth-generating opportunities. The government is not the only organisation putting money into Morocco and Marrakech in particular, take a look at our Foreign Investment page. If you are now convinced to get on the Moroccan property ladder by reserving a house on the estate, please contact us for further enquiries. |


