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World Intellectual Property Around £ 80k: Morocco
A budget of  £ 80,000 can go a long way toward protecting a property in Morocco, North Africa, even though property prices have been appreciating annually at a significant rate â € "up to 30 percent in the recent years. Moreover, the cost of living is much cheaper in Morocco than in the United Kingdom, making it possible to experience a comfortable lifestyle at relatively low.
A three-hour flight from the United Kingdom, tourism is rapidly growing in Morocco. Their real leader, King Mohammed VI, a young and visionary monarch future, has ambitious plans for his country. He has pledged to increase tourism from 2.2 million visitors in 2002 to ten million in 2010, in accordance with the national strategy Tourism € ™ â € ~ Vision 2010A. The country has already signed the open skies agreement, which is facilitating this growth by increasing number of airlines flying to Morocco. This includes low-budget airlines like easyJet, Thomson Fly, Atlas Blue and Ryanair.
According to the Official Airline Guide (OAG), had about 39 flights a week between London airports and Marrakesh before the EU agreement on Open Skies was out in 2006. But Adam Cornwell of GEM Estates reported that currently there are over 100 weekly direct flights between the two cities, making tourism the third largest source of income in Morocco, providing around seven percent of GDP. However, the aim is to ensure that tourism accounts for about 20 percent of GDP in 2010, contributing to create another 600,000 jobs. As part of this program, miles of coastline, urban and infrastructure are dramatically transformed, while a series of Targeted new housing complexes being built.
Morocco Properties Robert Shaw said: â € œThe King's € ™ s vision will dramatically increase Moroccoâ € ™ s standards of infrastructure and tourist facilities, which will undoubtedly have a positive effect on investment Estate today.â €
The increase in tourism has not only improved the Moroccan economy, but also promotes the demand for goods, strengthening the country € ™ s housing market. Michael Kent of Moroccan Sands reports that the market in Morocco is at the beginning of the development cycle and that investors are entering a market expansion backed by massive public investment and more than $ 18 billion of private financing the United Arab Emirates. Consequently, the country now has one of the emerging real estate markets of the world's fastest.
Steve Worboys of Experience International comments: â € œMoroccan property in response to this initiative the government has been growing at a rapid but sustainable pace. Its proximity to Europe, together with its Mediterranean climate temperate and significantly lower property prices compared with about European markets, has turned the country into an access point for property investors foreign. Morocco is fast emerging as a substitute product of tradition and popular destinations such as Spain € Portugal.â
But what can buy Moroccan property market, with a budget of  £ 80,000?
Marrakech
Marrakech, which is commonly City known as Red, is increasingly popular among tourists and foreign nationals buying property in Morocco. The city is the second largest in Morocco after Casablanca, and is located south-west of the country, in the foothills of the Atlas Mountains.
Shaw said: â € œMarrakech is exotic elegant and firmly established itself as a major break destination and golf resort in Morocco. Already have an established rental market and long-term comprehensive development plans offering a low risk investment with the possibility of remaining € returns.â
Worboys reported that property prices in the city have experienced a significant annual growth of up to 30 percent in the last three years. The shortage of high quality properties must ensure that this level of recognition is sustainable future foreseeable future. It is still possible to buy property in some parts of the city under £ 80,000.
GEM Estates is currently selling apartments on plane in El Oasis de Marrakech, located in the exclusive Palmeraie area, with prices starting from C96, 000 (approximately £ 70,000). Surrounded by subtropical gardens, facilities include a spa, swimming pools, restaurants, supermarkets, tennis courts, fitness center and a bank and business center. Those who buy property in this development are also being offered the option of a ten percent rental guarantee for ten years by the developer.
Elsewhere in Marrakech, experience Moroccan international arenas are currently selling a selection of attractive Arabic style apartments in the five-star Atlas Golf Resort, also located near the prestigious Palmeraie area. Property prices currently start from around £ 62,000.
Tangier
 £ 80,000 will also go a long way to buy a home in the vibrant city of Tangier, with excellent infrastructure and is located in the northern Mediterranean coast very close to mainland Spain.
Saffron Villas Gristwood Amelia reports that Tangier is growing in popularity as a holiday destination. It is reported easyJet will soon begin to fly in Tangier, which is almost certain that the impact of increasing tourism further. It is still possible to buy an apartment as part £ 60,000 in the area. Property Prices in Tangier Boulevard, for example, now start from £ 58,000.
Shaw reports: â € œOver the past three years, property prices in Tangier have experienced phenomenal growth. With many souks, traditional Moroccan cuisine and nightlife, Tangier is the perfect destination to experience Moroccoâ € ™ s diversity both in taste and culture, as well as a great place to buy a property either for investment or as a party home.â €
It is also worth noting that construction of a 39km rail tunnel will suddenly underway. Worboys reports that the new route will eventually run between Punta Palomas, 40 km west of Gibraltar and Punta Malabata near Tangier.
Worboys says: â € œWith the only way to other lands of Africa requires a detour of a few thousand miles, through the Middle East, it is not difficult to imagine the enormous positive impact that this new connection will Moroccoâ € ™ s strategic importance and on property values in Tangier and near the popular Mediterranean coastal resorts north of Cabo Black and € Tetouan.â
Tetouan
The Mediterranean coast Morocco is similar to that of the south coast of Spain, except in property prices here are much cheaper. International experience is currently selling apartments in a development called Playa Vista, Tetouan, located 25 minutes from the bustling Black Cape. A one bedroom apartment with sea views now part of a £ 49,850.
Mediterrania day Saà ¯
Mediterrania Saà th day, located in the north-east, is a tourist center more sophisticated Mediterranean coast, which is also proving popular with foreign property buyers. The area has three 18 hole golf course, 840 marina berths, six miles of beach, plus other sports and shopping.
Newly built condominiums in the Sahara Resort Beach & Spa, where the architecture is a mixture of Moroccan, Andalucian and Roman styles are available around £ 76,000. On the other hand, view apartments the sea in a new development apart-hotel of five stars called Le Jardin de Fleur, a Sahara Beach Resort & Spa, are available at £ 75,500. Apartments in this tourism development are subject to a system of fully managed leaseback, where the owners enter into a rental pool. The owners are offered the opportunity to use your home for a period of six to eight weeks a year for personal holiday use.
Cornwell concludes: â € œWith all the hype surrounding emerging markets so many destinations people have a misconception that markets such as Morocco come and go overnight. Morocco is here to stay and continue to grow for many years to come. Morocco is a large country with an attractive infinity. Expect that average property prices to appreciate each year 15 to 20 percent over the next five years or € so.â
Marc DaSilva Overseas Homes: Property for sale in Morocco, property investment advice and news.
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Marc DaSilva for Homes Overseas: Property for sale in Morocco, property investment advice and news
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