Great Investment Ideas for Marrakesh Real Estate The investment in the real estate markets of Europe and the US have been made difficult and risky due to the international financial crisis. Several investors are then searching for alternative markets that...<br /><a class="read-more-button" href="http://www.6cs8.com/the-best-advice-about-options-ive-ever-written.html">Read more</a>
Great Investment Ideas for Marrakesh Real Estate The investment in the real estate markets of Europe and the US have been made difficult and risky due to the international financial crisis. Several investors are then searching for alternative markets that will give enough stability and profit margin to make their investments worthwhile. Proving to be an attractive place for real estate investment in the past years is Morocco, and particularly in Marrakesh. An example of a great investment in Marrakesh is the riad, which is a traditional Moroccan house or palace with an interior courtyard of garden. Marrakesh real estate has some economic clear reasons making it a most attractive investment destination. First of all, despite the property problems in surrounding Europe, real estate in Morocco has proven to be very strong in the last many years. In fact in Morocco, there is no concern among investors about the depending the European and other international markets. The next reason is that foreign investment is strongly encouraged and favoured by the Moroccan tax system. An example is the exemption of taxes turnover profits for 5 years, which will add up to in some instances a savings of up to 10% from the original investment. The transfers, invested capital and capital gains are fully guaranteed, making that an encouraging data to invest in real estate in Marrakesh.
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In terms of financial competitiveness, Morocco may be considered as a fairly young market in the real estate. During the financial crisis, it has however showed stability in the viable monetary aspect. Aso, because of their banking structure famously known for its solidity and its discretion, investing in this country is considered a safe move. The young, ambitious, and very highly qualified executives and economic organizations in Morocco has helped in demonstrating the competitiveness of its young market.
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The country’s best and safest regulation in the real estate market has made Marrakesh a favourite tourist destination in Morocco, with a contribution of 30% total visitors every year. 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. Other good reasons to invest in real estate in Marrakesh are that it is still a developing country, with a large network of financial, legal and fiscal advisers, and its tourism is continually increasing. Another reason is that Marrakesh is still an ideal place to spend your holidays or even retire, making it known as the Pearl of the South, with its city full of charm, entertainment, shopping opportunities and great historic monuments.