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CAPITAL
The capital of Morocco is Rabat.
POPULATION
32,725.847 (growth rate @ 1.6% p/a)
LANGUAGE
The official language is Arabic. English & Spanish are widely spoken.
French is often the language of business, government and diplomacy.
PASSPORTS & VISAS
No visas required for EU passport holders. Children need their own passports to enter the country - entry is prohibited for children who have dual ownership passports with their guardians.
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CLIMATE
Mediterranean
Average Summer Temperature 84`F, they have over 300 days of sunshine a year. (Much greener than Spain despite common belief).
CURRENCY
A Euro equals 10.8 Dirhams, & a Pound Sterling equals 16.3 Dirhams. The unit of currency is the Dirham (Dh), which is divided into 100 centimes. Business visitors are advised to consult their banks for the current rate of exchange. Overseas visitors need to change their currency into Dirhams locally. The Moroccan Central Bank (Bank Al Maghreb) fixes the value of the Dirham using a basket of currencies including the Euro, Dollar and Yen
LIFESTYLE
Cosmopolitan lifestyle, great cuisine & extremely cultural. 6 star hotels & 5 star resorts
AIRPORT
2 costal airports – Ceuta and Tangiers
HOSPITALS
Medical facilities including a state of the art hospital can be found in Ceuta.
AREA
Land: 446.300 sq km Water: 250 sq km Total: 446.550 sq km
GOLF
There are more than 30 golf courses in Morocco, all at a very high standard. The pay to play and fees range from 100 to 500 Dh
SPORTS
Over 3,000 kms of coastline plus numerous natural and artificial lakes, there are a wide variety of water sports including: Sailing, Scuba Diving, Surfing, Kite Surfing, Canoeing and Rafting. There are a wide variety of schools and clubs if you need to have lessons. Essaouira has become known as The Windy City as it is windy for 320 days of the year, international windsurfing competitions are hosted here. Skiing is also possible in Oukaimeden which is 70km from Marrakech for several months of the year until late April. The winter sports also include Mule Skiing in Mischliffen which is on the doorstep of Meknes and Fes. Alternatively you can hike through the Atlas Mountains. Camel riding and trekking are also perfect sports to practice here. |
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Morocco FAQ's
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Who can buy
Any investor (overseas or resident) can purchase in Morocco’s luxury property developments.
Leasehold or Freehold
All properties for sale with Brighthouse Overseas SL are freehold.
Holding Deposits
A holding deposit can be paid prior to viewing our Morocco properties. These vary between 3-5,000 € dependant on the developers requirements - Holding deposits are fully refundable prior to viewing.
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Payment Terms
Full deposit of between 30-40% (dependant on developer) will be payable upon signing of full reservation contract. No further payments are required prior to completion. Deposits on resale property in Morocco may vary.
Bank Accounts
Local bank accounts can be arranged to facilitate your purchase, Brighthouse Overseas SL are happy to assist you with this.
Re-sale
You can sell your property or assign your agreement to anybody. This can be done at any point throughout the build period or after.
Capital Appreciation
Property prices in Morocco have experienced considerable growth, and are forecast to remain this way for some time. This can be clearly seen if comparing current prices with those of 6 months ago.
Property market booming – average rises of 20% per year achievable |
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Morocco
