Buying property in Morocco is more and more popular with overseas investors as more people find what Morocco property can offer them. This offer ensures high quality developments being constructed at bargain prices. Many of the properties are aimed at the luxury market and they have been fitted with exceptional features and facilities. Those helps Morocco to become famous as the top destination for buying properties.

Morocco is steeped in history and is seen as a magical and mystical world that beckons travelers and tourists alike. Rabat, the Moroccan capital, is a modern day city that still holds its old world charm. The coastline is a favourite with tourists and destinations like Casablanca (made famous by the 1942 American romantic drama) and Marrakech are by all. Morocco is expected to become increasingly fashionable as a tourist destination, therefore investor forecasters are predicting that property prices will keep on in increasing in value.

Morocco has various hot spots that attract some of the world’s rich and famous, such as Saidia and Tangier. Currently the property market in Morocco is emerging as one of the top most developing markets with tremendous potential for investment, which is particularly good news considering today’s economic climate in the UK. The Moroccan government is taking an active role in improving the property market. They have implemented various initiatives, such as the King’s Vision 2010, to boost the country’s tourism and infrastructure, which in turn will improve the property market and economy in the country.

Once you’ve decided where you want to buy a property in Morocco, the next step is to seek legal advice so you don’t make any expensive mistakes. Anyone wanting to turn their property investment into a buy-to-let property will need to pay tax on the income, although the first three years will be exempt of tax. If the property is sold within five years, a capital gains tax is levied based on the sale price less the purchase price. There is some good news regarding tax: because there is a UK-Morocco Tax Treaty in place between the two countries, this protects the investor from being liable for capital gains in both countries.

When it comes to choosing the type of property you want to buy, be prepared to take time, effort and commitment, especially if you want to find an unusual traditional style of property. Know your budget and stick with it, and take photos of each property you view so you can remember each one. Once you have found your property, you will need to place a verbal offer to the seller via the estate agent; bear in mind that negotiation is rarely an option when buying property in Morocco. The seller will then decide if the offer is to be agreed or if the price is to be raised. It is your choice to decide if you want to take the sale of the property forward or to walk away. If you want to proceed, the next step is to draw up a compromis de vente (“a pre-contract signed by the seller and buyer of a property that involves a two-way promise that amounts to a provisional sales agreement”) which is preformed by a notaire (ministry official). Once you have received the compromis de vente you have two weeks in which to change your mind. If you want to proceed there are several more steps to complete and then the property is yours to enjoy.

You are a real estate investor, you can not miss this chance – buying property in Morocco. It is an exciting opportunity for investors because not only will you have a property in an exciting country, but you’ll have a property that could give you a really strong return on your investment.

Buying property in South Africa is an excellent way of generating income. Out of the popular foreign property markets, South Africa offers an exciting blend of beauty, culture, history, nature and environmental friendliness. The South African property market is versatile: you can own a house designed as a retirement home, a holiday home and/or a second home, or a permanent home.

South Africa is known for its diversity and there are eleven official languages spoken throughout the country. However English is the most commonly spoken language in business circles. South African cuisine is heavily meat-based and barbecues or ‘braai’ are a popular social gathering. South Africa is a warm and hospitable country, both in climate and friendliness – the community is keen on welcoming foreign nationals to their country. The country is home to a unique landscape: there are pristine beaches, dense forests, and beautiful mountains. South Africa is one of only seventeen countries in the worldwide to be considered Megadiverse – a group of countries that are home to the majority of the earth’s species, which include lions, leopards, giraffes and elephants. As a result, more and more people want to settle in South Africa.

There are a number of reasons as to why buying property in South Africa as an investment is becoming so popular: South Africa has been a prominent tourist destination for many years. Because South Africa occupies the topmost position as a holiday destination, this has boosted the real estate industry; the next important point that deserves mention as a pivotal factor in buying property in South Africa is the affordability of the real estate options. The fact that the economy of the country is strong and stable means one can expect good returns on investments made in real estate; there is no VAT to be paid on the property that is purchased in South Africa nor is there any stamp duty; people who own property in South Africa are not liable to pay any inheritance tax either. As a result, buyers reap in many benefits when they own an investment property.

South Africa faces a shortage of housing facilities, and as a result, the government has placed this problem on its high priority list. The growth potential of the real estate market is therefore high and the returns are good. The South African real estate developers are being given tax breaks of up to 20%, and another 20% tax break on rental property is available for renovation projects. As a result the property market in South Africa has outperformed the western world.