As passengers arrive outside Buckingham palace in licensed London taxi's her Royal Highness could be forgiven for thinking that Morocco has arrived in the mall, but if she looks deeper she will see its Property Borders the UK's leading Moroccan run property agencies new marketing campaign hitting some of London's most exclusive places like Harrods, Grosvenor House Hotel and the Savoy Hotel.
“The marketing campaign on London taxis is to highlight Morocco as an up market tourist destination as well as promoting Morocco as a holiday home/investment destination” comments Mustapha Mezouri a Moroccan director for Property Borders.
Morocco is currently going through fundamental changes with the government’s privatisation program in full swing the country is increasingly receiving large amounts of (FDI) foreign direct investment and funding from the (EU) European Union who are encouraged by Morocco's rapidly changing economic and social reforms.
Mustapha Mezouri says “the late King Hassan II had a vision Morocco will one day join the eu. This may be unlikely but morocco is already very closely aligned with the west, Morocco has been designated a major non-Nato US ally”
Mustapha Mezouri says “Property Borders are the first Moroccan run agency specialising in Moroccan property in London and we are very proud of this fact”.
As a Moroccan agency Property Borders are committed to promote Morocco and show the World what a truly fantastic place Morocco is to invest and visit. Most people who think of Morocco think it just a desert but Morocco is a country of contrasts from green hinterlands to majestic mountains where during the winter months you can ski.
Head for the imperial cites of morocco like Fees, Meekness, Marrakech & Rabat the capital of Morocco and see the real Morocco with all it century old traditions. If its open space you’re after head for the vast deserts.
For lovers of sport you will be spoilt for choice in Morocco and you will find it hard to keep the Moroccans away from joining you, Moroccan's are fanatical about their sports. Golf is very popular with some sublime course’s to play on at a fraction of the price one would expect to pay in Europe. If you’re a keen surfer head for the golden beaches on the Atlantic coastline to ride some amazing waves, Morocco has what seems like an endless coastline of incredible powdery beaches.
Fishing is also a great way to enjoy the lifestyle Morocco has to offer with an abundance of fish. Food is part of the Moroccan culture and the country is renowned for its sumptuous mouth watering food at giveaway prices.
Morocco has something for everyone so much so that Sir Winston Churchill Was quoted as saying "It is the most beautiful place in the world".
Property Borders are marketing property all across Morocco and you don’t need a budget of the likes of England captain Rio Ferdinand who along with his team-mates John terry and Gary Neville recently bought property in Morocco.
In Marrakech we are marketing the El Oasis de Marrakech a truly stunning development in the exclusive La Palmeraie area which offers exceptional value for money with excellent, cash flow positive payment options.
All financial issues have been addressed to present this unique mortgage and financial package....
• 25% Deposit 75% Loan to value
• 2 Years interest only mortgages on a 15 year term.
• 2 Years mortgage paid by the developer for the investor.
• 2 Years service changers paid by the developer
• 2 Years guaranteed net rental income at 3% per annum.
• 2 weeks free usage per annum*
• 2 Free plasma televisions fitted with every purchase before 1st June 2007.
• After the initial 2 year there is an option to renegotiate a rental program for a further 3 years.
Prices start at just £81,598
So if you find yourself dreaming of some Moroccan sunshine while being chauffeured around London in one of Property Borders exclusive London taxis and would like further information on living a Moroccan lifestyle or would like to discus the possibilities of investing in one of our many resorts do not hesitate to contact the UK’s 1st Moroccan property agency Property Borders.
This article is the copyright of propertyborders.com. Copyright: propertyborders.com 2007. No part of this article can be reproduced in any form whatsoever, without prior written approval or credit given to propertyborders.com.
View property borders website
Monday, 26 March 2007
Fadesa Invest in Plan Azur resort at Plage Blanche
Fadesa to invest 450 mln eur in Morocco tourist project.
MADRID (AFX) - Fadesa Inmobiliaria SA said it will invest 450 mln eur in its first tourist resort project along the Atlantic coast in Guelmim-Smara, Morroco, broadly confirming an earlier report in Cinco Dias.
In a statement, Fadesa said the 632 hectare complex will comprise eight hotels and more than 5,000 residential dwellings on the beach Playa Blanca.
Separately, Fadesa said it is investing 470 mln eur to promote a residential complex in Smir.
Fadesa is also investing 300 mln eur in a project in Tangiers, it noted.
Fadesa, currently immersed in a merger with Grupo Martinsa, has invested some 3.0 bln eur in Morrocco since 2000, Cinco Dias said.
MADRID (AFX) - Fadesa Inmobiliaria SA said it will invest 450 mln eur in its first tourist resort project along the Atlantic coast in Guelmim-Smara, Morroco, broadly confirming an earlier report in Cinco Dias.
In a statement, Fadesa said the 632 hectare complex will comprise eight hotels and more than 5,000 residential dwellings on the beach Playa Blanca.
Separately, Fadesa said it is investing 470 mln eur to promote a residential complex in Smir.
Fadesa is also investing 300 mln eur in a project in Tangiers, it noted.
Fadesa, currently immersed in a merger with Grupo Martinsa, has invested some 3.0 bln eur in Morrocco since 2000, Cinco Dias said.
Wednesday, 7 March 2007
Spanish Prime Minister Jose Luis Rodriguez Zapatero says "the Spain Morocco tunnel plan is a historic project
Morocco, Spain vow undersea tunnel
From correspondents in Rabat
March 07, 2007 12:00
MOROCCO and Spain vowed overnight to work together to bore a tunnel under the Strait of Gibraltar to link Africa and Europe.
Moroccan experts say the long-mooted 39km rail tunnel would be among the world's most sophisticated engineering works and rival the Channel Tunnel linking England and France.
"We will deploy the necessary effort to achieve this project or at least put it on the right track," Moroccan Prime Minister Driss Jettou said.
Spanish Prime Minister Jose Luis Rodriguez Zapatero, who completed a two-day official visit to Rabat overnight, shared Mr Jettou's optimism and called the plan an "historic project".
Mr Zapatero pledged to drum up European Union support for a project he said "would change Africa and Europe".
"The fixed link would bind the African continent to Europe.
It is an ambitious project but we are sure it is within our reach," Mr Jettou said.
Moroccan authorities displayed blueprints of the project.
Engineers say one of the most daunting obstacles in building the tunnel is the seabed under the Strait of Gibraltar, which is more permeable than it is around the Channel Tunnel.
This would mean boring further down, pushing costs higher.
Neither Mr Jettou nor Mr Zapatero estimated the cost. Expert forecasts have ranged between $US7 billion ($9.1 billion) and $US17 billion ($22.09 billion).
Support for the project reflected how warm ties between Rabat and Madrid have become under Mr Zapatero's Socialist government. Four cooperation accords were also signed, including one on cracking down on illegal migration of children.
Relations had soured under conservative former Prime Minister Jose Maria Aznar over illegal migration, drug trafficking and the disputed territory of Western Sahara. Mr Zapatero replaced Mr Aznar in 2004.
Mr Zapatero cited a 60 per cent drop in illegal migration from Morocco and increases in trade and investment as among fruits reaped from "excellent relations" between the two countries.
Spain is Morocco's second trading partner after France and its second source of foreign investment, with about 1000 Spanish companies present in sectors ranging from energy to tourism, real estate and agriculture
View property borders website
From correspondents in Rabat
March 07, 2007 12:00
MOROCCO and Spain vowed overnight to work together to bore a tunnel under the Strait of Gibraltar to link Africa and Europe.
Moroccan experts say the long-mooted 39km rail tunnel would be among the world's most sophisticated engineering works and rival the Channel Tunnel linking England and France.
"We will deploy the necessary effort to achieve this project or at least put it on the right track," Moroccan Prime Minister Driss Jettou said.
Spanish Prime Minister Jose Luis Rodriguez Zapatero, who completed a two-day official visit to Rabat overnight, shared Mr Jettou's optimism and called the plan an "historic project".
Mr Zapatero pledged to drum up European Union support for a project he said "would change Africa and Europe".
"The fixed link would bind the African continent to Europe.
It is an ambitious project but we are sure it is within our reach," Mr Jettou said.
Moroccan authorities displayed blueprints of the project.
Engineers say one of the most daunting obstacles in building the tunnel is the seabed under the Strait of Gibraltar, which is more permeable than it is around the Channel Tunnel.
This would mean boring further down, pushing costs higher.
Neither Mr Jettou nor Mr Zapatero estimated the cost. Expert forecasts have ranged between $US7 billion ($9.1 billion) and $US17 billion ($22.09 billion).
Support for the project reflected how warm ties between Rabat and Madrid have become under Mr Zapatero's Socialist government. Four cooperation accords were also signed, including one on cracking down on illegal migration of children.
Relations had soured under conservative former Prime Minister Jose Maria Aznar over illegal migration, drug trafficking and the disputed territory of Western Sahara. Mr Zapatero replaced Mr Aznar in 2004.
Mr Zapatero cited a 60 per cent drop in illegal migration from Morocco and increases in trade and investment as among fruits reaped from "excellent relations" between the two countries.
Spain is Morocco's second trading partner after France and its second source of foreign investment, with about 1000 Spanish companies present in sectors ranging from energy to tourism, real estate and agriculture
View property borders website
Tuesday, 6 March 2007
The Plan Azur resort of Mazagan will open its first hotels in August 2007
At the end of his visit to several countries of Central America, Mr Driss Jettou, Prime Minister, has made a guided tour of the tourist station "Atlantis" which belongs to Kerzner International Limited (in the Bahamas), the Group who is charge of the construction of Mazagan's station (Province of El Jadida), within the framework of the Azur Plan.
The Moroccan Prime Minister has been informed about the plans of this mega-project which attracts annually about 2 million tourists from different parts of the world, and more particularly from the Gulf of Mexico and the United States of America.
In a declaration to the 1 st national TV channel, Mr Jettou has pointed out that this visit may allow them to inquire about what will be Mazagan's station, a seaside resort whose construction will be launched next summer.
The creation of this Station is likely to give considerable impetus to the development of Azzemmour and El Jadida, and to contribute to the emergence of a new tourist pole in Morocco.
ith an area of about 500 ha, Mazagan's tourist station will be equipped, at the end, with a global capacity of 8000 beds, including 4000 hotel beds. It will be equally equipped with tourist facilities relating to entertainment, commerce and leisure. The station will be achieved in three stages, the 1 st stage of which will require an amount of 2,4 billion DH, along with the opening of the first hotel in August 2007
View property borders website
The Moroccan Prime Minister has been informed about the plans of this mega-project which attracts annually about 2 million tourists from different parts of the world, and more particularly from the Gulf of Mexico and the United States of America.
In a declaration to the 1 st national TV channel, Mr Jettou has pointed out that this visit may allow them to inquire about what will be Mazagan's station, a seaside resort whose construction will be launched next summer.
The creation of this Station is likely to give considerable impetus to the development of Azzemmour and El Jadida, and to contribute to the emergence of a new tourist pole in Morocco.
ith an area of about 500 ha, Mazagan's tourist station will be equipped, at the end, with a global capacity of 8000 beds, including 4000 hotel beds. It will be equally equipped with tourist facilities relating to entertainment, commerce and leisure. The station will be achieved in three stages, the 1 st stage of which will require an amount of 2,4 billion DH, along with the opening of the first hotel in August 2007
View property borders website
Tuesday, 27 February 2007
More retirees 'may consider' Morocco in the near future
More retirees 'may consider' Morocco in the near future
The north African country of Morocco looks set to become a new hotspot for people thinking of retiring to the sun, after a planned tunnel with Spain received ministerial backing.
Recently, the plans for a tunnel linking Morocco with Spain have gained steam. In an interview, Karim Ghellab, Morocco's minister of transportation said: "It's not easy to predict a date yet, but it is a project that will happen. It will completely change our world."
With several low-cost airlines already offering cheap flights to the country, the new tunnel is only going to improve access to the country for people looking to retire abroad.
According to a Moroccan property expert, Property Borders, foreign investment in the country is already at an all time high and 10 million tourists are expected to visit annually by 2010.
The Independent reports that property in Morocco is also showing impressive returns. According to the paper, a record number of Britons are buying property and experiencing capital gains of more than 20 per cent per year.
Abby Aron, author of Buying a House in Morocco, told the paper that the costal towns of south-west Morocco are particularly suitable for people thinking of buying a property to retire to.
"This stretch of coast is exciting for those looking for a second home, because property prices are still very reasonable," she explained.
26th February 2007
View property borders website
The north African country of Morocco looks set to become a new hotspot for people thinking of retiring to the sun, after a planned tunnel with Spain received ministerial backing.
Recently, the plans for a tunnel linking Morocco with Spain have gained steam. In an interview, Karim Ghellab, Morocco's minister of transportation said: "It's not easy to predict a date yet, but it is a project that will happen. It will completely change our world."
With several low-cost airlines already offering cheap flights to the country, the new tunnel is only going to improve access to the country for people looking to retire abroad.
According to a Moroccan property expert, Property Borders, foreign investment in the country is already at an all time high and 10 million tourists are expected to visit annually by 2010.
The Independent reports that property in Morocco is also showing impressive returns. According to the paper, a record number of Britons are buying property and experiencing capital gains of more than 20 per cent per year.
Abby Aron, author of Buying a House in Morocco, told the paper that the costal towns of south-west Morocco are particularly suitable for people thinking of buying a property to retire to.
"This stretch of coast is exciting for those looking for a second home, because property prices are still very reasonable," she explained.
26th February 2007
View property borders website
Saturday, 17 February 2007
Morocco leading the way for reform in the Arab World
16/02/2007 By Adil Dekkaki for Magharebia in Washington – 16/02/07
The Center for Strategic and International Studies has published a study on political and economic reform in Morocco and the extent to which it can be considered an exemplary model for other Arab states.
A study titled "Arab Reform and Foreign Aid: Lessons from Morocco" was conducted by the Centre for Strategic and International Studies in Washington, to evaluate the experience of Morocco in the field of economic and cultural reform. The authors of the study -- Haim Malka and John Alterman -- conducted a series of interviews with hundreds of Moroccans from various sectors, including members of the government, university teaching staff, journalists, and members of non-governmental and civil society organizations.
Evaluating reforms in Morocco
The study states that the King Mohammed VI, has embraced changes in the country's political, economic and social fields over past years. As a result, an extensive debate is currently under way in Morocco regarding democracy and power, and there is an indication that neutral reform is taking place.
The study also shows that the participation of citizens in political life has risen considerably over past years, since the scope of human rights, individual liberties and women’s rights has been widened, and journalists now are testing the limits permitted by the government in the field of freedom of opinion and expression.
There is considerable and evident consensus among different groups in Morocco that priority should be given to political reform and social change. However, the report shows that the image of Morocco is not all rosy. There is some concern over the future of the country, particularly as Morocco is suffering from difficult economic and social problems like rising unemployment, the ongoing conflict over the Western Sahara and the risk of terrorism.
The study shows the reforms that were adopted by the late king of Morocco, Hassan II, during the 1990s were all positive and noticeable developments. They did however lead to a greater consolidation of power in the hands of king than previously, instead of achieving the goal of drawing the parties and civil society organisations into the running of the country’s affairs.
The challenges and stumbling blocks experienced by the reform process and the changes in many of the Arab states over the past decades have not affected the reform process in Morocco. In the eyes of many international observers, Morocco has become an exemplary and outstanding model for Arab reform. The study attributes this to Morocco itself choosing to adopt a reform agenda, and endeavouring to obtain foreign aid, and to this reform agenda not being imposed on from the outside. Western countries efforts were not focused on launching the reform process in Morocco, but rather on encouraging a programme of reform which the Moroccan government itself originally began and pursued.
The nature of the amendments and reforms
The study indicates that it is possible to divide the latest amendments in Morocco into two basic categories. The first relates to individuals in relation to society and to the government. The amendments that were adopted within this framework include the changes to the Family Code; the formation of the Justice and Reconciliation Committee; the human development initiative; and openings in politics for Islamists and other political groupings.
The second category of reform includes the composition and functioning of the Moroccan government. Economic reforms -- privatisation, opening up economic sectors to foreign investment, relaxing the restrictions imposed on investment, reviewing the Journalism Law, and parliamentary and judicial reform -- have all been implemented.
Morocco is developing quickly with regard to reform, but the report emphasises that time will tell whether Morocco is moving sufficiently fast in this regard. It is too soon to describe the reforms adopted by Morocco as a success story -- the main indications of success will appear over the coming years.
Lessons to be learned
According to the authors, Morocco provides a valuable lesson in political and economic reform, which others in the Arab world can draw on. The Moroccan experiment in the field of reform exposes the importance of the government taking a leading role in the setting-up and managing of the reform process, since the monarchy in Morocco is the real driving force for the adoption of reforms as it made them a strategic choice for its political programme, and thus gave the process of change thrust, strength and efficacy.
The Moroccan model confirms that it is possible to adopt political and economic reform simultaneously, and that the processes of political and economic reform support and assist each other. Morocco has also proved that it is possible to accommodate Islamist movements and bring them into the political process successfully, as shown by the important experiment of the Justice and Development Party’s participation in political activities in Morocco.
An important lesson to draw from the Moroccan experiment, the study concludes, is that reform must be accompanied by a genuine domestic desire for change.
View property borders website
The Center for Strategic and International Studies has published a study on political and economic reform in Morocco and the extent to which it can be considered an exemplary model for other Arab states.
A study titled "Arab Reform and Foreign Aid: Lessons from Morocco" was conducted by the Centre for Strategic and International Studies in Washington, to evaluate the experience of Morocco in the field of economic and cultural reform. The authors of the study -- Haim Malka and John Alterman -- conducted a series of interviews with hundreds of Moroccans from various sectors, including members of the government, university teaching staff, journalists, and members of non-governmental and civil society organizations.
Evaluating reforms in Morocco
The study states that the King Mohammed VI, has embraced changes in the country's political, economic and social fields over past years. As a result, an extensive debate is currently under way in Morocco regarding democracy and power, and there is an indication that neutral reform is taking place.
The study also shows that the participation of citizens in political life has risen considerably over past years, since the scope of human rights, individual liberties and women’s rights has been widened, and journalists now are testing the limits permitted by the government in the field of freedom of opinion and expression.
There is considerable and evident consensus among different groups in Morocco that priority should be given to political reform and social change. However, the report shows that the image of Morocco is not all rosy. There is some concern over the future of the country, particularly as Morocco is suffering from difficult economic and social problems like rising unemployment, the ongoing conflict over the Western Sahara and the risk of terrorism.
The study shows the reforms that were adopted by the late king of Morocco, Hassan II, during the 1990s were all positive and noticeable developments. They did however lead to a greater consolidation of power in the hands of king than previously, instead of achieving the goal of drawing the parties and civil society organisations into the running of the country’s affairs.
The challenges and stumbling blocks experienced by the reform process and the changes in many of the Arab states over the past decades have not affected the reform process in Morocco. In the eyes of many international observers, Morocco has become an exemplary and outstanding model for Arab reform. The study attributes this to Morocco itself choosing to adopt a reform agenda, and endeavouring to obtain foreign aid, and to this reform agenda not being imposed on from the outside. Western countries efforts were not focused on launching the reform process in Morocco, but rather on encouraging a programme of reform which the Moroccan government itself originally began and pursued.
The nature of the amendments and reforms
The study indicates that it is possible to divide the latest amendments in Morocco into two basic categories. The first relates to individuals in relation to society and to the government. The amendments that were adopted within this framework include the changes to the Family Code; the formation of the Justice and Reconciliation Committee; the human development initiative; and openings in politics for Islamists and other political groupings.
The second category of reform includes the composition and functioning of the Moroccan government. Economic reforms -- privatisation, opening up economic sectors to foreign investment, relaxing the restrictions imposed on investment, reviewing the Journalism Law, and parliamentary and judicial reform -- have all been implemented.
Morocco is developing quickly with regard to reform, but the report emphasises that time will tell whether Morocco is moving sufficiently fast in this regard. It is too soon to describe the reforms adopted by Morocco as a success story -- the main indications of success will appear over the coming years.
Lessons to be learned
According to the authors, Morocco provides a valuable lesson in political and economic reform, which others in the Arab world can draw on. The Moroccan experiment in the field of reform exposes the importance of the government taking a leading role in the setting-up and managing of the reform process, since the monarchy in Morocco is the real driving force for the adoption of reforms as it made them a strategic choice for its political programme, and thus gave the process of change thrust, strength and efficacy.
The Moroccan model confirms that it is possible to adopt political and economic reform simultaneously, and that the processes of political and economic reform support and assist each other. Morocco has also proved that it is possible to accommodate Islamist movements and bring them into the political process successfully, as shown by the important experiment of the Justice and Development Party’s participation in political activities in Morocco.
An important lesson to draw from the Moroccan experiment, the study concludes, is that reform must be accompanied by a genuine domestic desire for change.
View property borders website
Monday, 12 February 2007
Morocco - Tunnel Vision
The recent excitement in Morocco and Spain about the potential tunnel linking Morocco Africa with Spain Europe is gaining more ground report UK based Moroccan property agents Property Borders. In a recent interview with Karim Ghellab, Morocco's minister of transportation he stated "It's not easy to predict a date yet, but it is a project that will happen. It will completely change our world,". With many thousands of Moroccan's and tourists crossing the straits of Gibraltar every year on ferries "the tunnel makes sense" says Mustapha Mezouri a Moroccan director for Property Borders.
Property Borders are the UK's leading Moroccan run property agency in London. They sell a wide range of Moroccan property whether it is for a holiday home in Morocco, retirement home or for investment purposes. The tunnel will have a positive effect for both countries, Europe and North Africa if it goes ahead. By 2010 Morocco expects to become part of the Euro-Med free trade zone and is working towards a close relation with the EU this is a significant development that will undoubtedly boost the Moroccan economy further still. Mustapha Mezouri says FDI (Foreign Direct Investments) in Morocco is at a all time high from investors across the globe, France and Spain are a big part of this. The effects of Vision 2010, Morocco's drive to have 10 million tourist by 2010 and the planned tunnel are evident everywhere with the Tangier Med Port the biggest in north Africa and new motorways being constructed. Tangiers airport is being extended in preparation for the flood of low cost and charter carriers that will likely use it. The open skies agreement, signed recently with the EU, will open up the skies to allow no-frills/ low cost airlines to fly to Morocco.
Property Borders receive a large amount of enquiries about the Plan Azur resorts of which they are official agents. They recently released the first units of La Plage at Port Lixus an Exclusive beachfront condo hotel in Larache. Port Lixus is the second of the Plan Azur resorts to be launched. The first 25 units of the condo hotel units at La Plage Port Lixus were sold out in two weeks and Property Borders have a list of clients waiting for the second release which is imminent. Mustapha Mezouri comments "the dynamic King Mohammed VI has made northern Morocco a priority for development with Tangier at its heart and incentives for investors such as 0% Annual property tax for the first 5 years 0% tax on rental income for the first 5 years 0% capital gains tax if profit is under £40K or after 10 years of ownership 0% inheritance tax when a property passes to a family member 100% repatriation of funds when you sell your property."
Tangier which was once seen as a seedy area has changed immensely over the past years. The highly capable mayor Mohamed Hassad has brought in plans to make this area a centre for tourism and business trade. Property Borders have properties for sale in all areas of Morocco including the Exclusive La Baie Panoramique in Tangier the first phase of which is due for completion in December 2007. So if you have tunnel vision about buying a property in Moorish Morocco why not give Property Borders the UK's leading Moroccan run property agency a call. 0208 508 9905
View property borders website
Moroccan Hospitality With British Professionalism
FOPDAC membership number 1378F
Property Borders are the UK's leading Moroccan run property agency in London. They sell a wide range of Moroccan property whether it is for a holiday home in Morocco, retirement home or for investment purposes. The tunnel will have a positive effect for both countries, Europe and North Africa if it goes ahead. By 2010 Morocco expects to become part of the Euro-Med free trade zone and is working towards a close relation with the EU this is a significant development that will undoubtedly boost the Moroccan economy further still. Mustapha Mezouri says FDI (Foreign Direct Investments) in Morocco is at a all time high from investors across the globe, France and Spain are a big part of this. The effects of Vision 2010, Morocco's drive to have 10 million tourist by 2010 and the planned tunnel are evident everywhere with the Tangier Med Port the biggest in north Africa and new motorways being constructed. Tangiers airport is being extended in preparation for the flood of low cost and charter carriers that will likely use it. The open skies agreement, signed recently with the EU, will open up the skies to allow no-frills/ low cost airlines to fly to Morocco.
Property Borders receive a large amount of enquiries about the Plan Azur resorts of which they are official agents. They recently released the first units of La Plage at Port Lixus an Exclusive beachfront condo hotel in Larache. Port Lixus is the second of the Plan Azur resorts to be launched. The first 25 units of the condo hotel units at La Plage Port Lixus were sold out in two weeks and Property Borders have a list of clients waiting for the second release which is imminent. Mustapha Mezouri comments "the dynamic King Mohammed VI has made northern Morocco a priority for development with Tangier at its heart and incentives for investors such as 0% Annual property tax for the first 5 years 0% tax on rental income for the first 5 years 0% capital gains tax if profit is under £40K or after 10 years of ownership 0% inheritance tax when a property passes to a family member 100% repatriation of funds when you sell your property."
Tangier which was once seen as a seedy area has changed immensely over the past years. The highly capable mayor Mohamed Hassad has brought in plans to make this area a centre for tourism and business trade. Property Borders have properties for sale in all areas of Morocco including the Exclusive La Baie Panoramique in Tangier the first phase of which is due for completion in December 2007. So if you have tunnel vision about buying a property in Moorish Morocco why not give Property Borders the UK's leading Moroccan run property agency a call. 0208 508 9905
View property borders website
Moroccan Hospitality With British Professionalism
FOPDAC membership number 1378F
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