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Great Investment Ideas for Marrakesh Real Estate The international financial crisis has made it difficult and quite risky in the investment world especially in the real estate markets of Europe and the US. To make their investments worthwhile, several investors are looking for alternative markets that will give them sufficient profit margin and stability. In the country of Morocco particularly Marrakesh, investment has been proving to be attractive in the past years, thus making the place a great destination for investment. A great real estate investment for example is riad, described as a traditional Moroccan palace with an interior courtyard. As an investment destination, the Marrakesh real estate has several economic reasons why it is most attractive. 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. Furthermore, there is strong encouragement and agreement in the Moroccan tax system about foreign investment. For example, you will have a savings of up to 10% of your original investment added up due to the exemption of taxes on turnover profits during the 5 years. 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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The Moroccan real estate market may be a fairly young market in terms of the competition in finance. During the financial crisis, it has however showed stability in the viable monetary aspect. This made also their banking structure established a solid and discreet reputation that makes investing in this country a safe move. Morocco has also demonstrated to be a competitive market even at its young stage, because of the competitive nature of its economic organizations and ambitious and qualified executives.
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As a favourite tourist destination in Morocco, Marrakesh has the 30% of total visitors each year and considered as the country’s best and safest regulated real estate market. 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. Dubbed as the Pear of the South, Marrakesh is an absolute ideal city to spend holidays or even retire, with its charming city, tourist attractions, entertainment, shopping opportunities and historic monuments, thus making it a great place to invest in real estate.