Certainly it had to happen. We at Direct Auctions have been researching the emerging market scene as many of our sellers and buyers really wanted to know where else to invest.
After looking at the obvious markets such as Bulgaria and Monte Negro, we have decided on Morocco.
Why, you will ask, well for many reasons. Most people will have heard about the new Kings commitment to the Plan Azur, but wont really know what this means. Basically the King has realized in order to ensure the future of his kingdom, changes have to be made and his people have to become self sufficient. The land is positioned perfectly for tourism, which is aimed to be increased fourfold by 2010.
As Morocco is not part of the EU and cannot rely on money given to it by anywhere else, foreign investments is very much welcomed and courted. The Americans are behind the new Tangier trade port, this port is a free zone which is very strategically placed for access to the middle east. The port will be huge and will require workers full time, and these people will need housing.
In Tangier development is going on with commercial units for workers, office blocks are being built and in time this town will become a rich city, as it once was.
Along both the Mediterranean and Atlantic coasts, frontline land is being bought for various developments, from social housing projects to luxury all-inclusive resorts.
The weather is perfect, the reichness of the land will attract all manner of tourism and now the skies have been opened up to foreign airlines.
The time is right to invest in Morocco, whether as a single unit buyer or a developer, there are exciting projects for all.
We have researched the market for 18 months, finding out exactly what buyers need to do and what advice they need. We work with english speaking notaries and lawyers as well as dealing directly with the developers and land owners to ensure the best deal.
We have a second website www.directmorroco.com where a few projects are displayed. All projects have licenses and bank guarantees in place.
We can advise you with regards to off-shore companies, tax legislation and where you should buy, all without hard sales.
We look forward to hearing from you soon.
