Morocco sits just 14 kilometers from the shores of Southern Spain and is very easily accessible. Its progressive government is making Morocco a truly viable place in which to own property.
For many, Spains comparatively high prices and overcrowded resorts are making exotic Morocco the ideal choice. Property in Morocco remains wonderfully cheap and ripe for investment, with property prices having trebled in the past 5 years.
The buying process is much the same as in Spain or France and obtaining expert advice over any possible pitfalls is relatively simple. There are already many French home owners present, a fact which continues reassure other European buyers.
Property purchase is straightforward and Morocco is well set up to receive overseas buyers.
The Process
Local agents, or Simsaars assist in finding you a property. A good simsaar will know which properties already have clear ownership which avoids any legal wrangles. A simsaar will charge 2.5% of the purchase price at completion and many of them work solely for commission.
Find a suitable property in the right location. You could seek an architect or structural engineer...
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