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Moroccan Mortgage maroc, morocco, marueccos,Marokkanische Feiertage,

Washington / Morocco Board News Service -

The second  Morocco Property Expo will be held in Montreal’s Convention Center June 26th & 27th 2010.  This real estate exhibition is aiming to help Moroccans living abroad who want to buy a new home in Morocco.
The first event, last year, attracted more than 4,000 visitors.

The exhibition lasted 2 days and featured the largest real estate groups in Morocco. Visitors who decided to acquire a property in Morocco were able to close the deal on the spot.

The Expo was marked by the attendance of Mr. Ahmed Taoufik Hejira, minister of housing, Nouzha Chekrouni, Moroccan Ambassador to Canada.

Lower Prices in Marrakesh

Written by Best on October 24th, 2009 in Property.

The recession has caused several developers in Marrakesh to suspend building plans, and there are less buyers looking for properties, resulting in price falls, however local Moroccan estate agents say that in cities such as Rabat and Casablanca property prices have not fallen at all, and  in some cases are rising.

Raffles Marrakesh Resort

will have 150 rooms and 36 luxury villas, three restaurants options offering an extensive range of cuisines, plus state-of-the-art conference and meeting facilities.

For relaxation Raffles ‘Amrita Spa’ is also planned at Raffles Resort Marrakech.
According to an ancient Sanskrit legend, ‘Amrita’ is the gift of living well, sought by deities.

Nov 2007

Moroccan developers protest the potential loss of building-sector tax breaks.

The 2008 Finance Act passed by the cabinet on November 7th raised the issue of property tax breaks.Due to a change in the system, developers will now have to pay 15 % corporate tax in 2008 and 30% in 2009. The VAT (Value Added Tax) on sale prices will also rise from 14% to 20%.

This could cause property developers to re-evaluate projects

air arabia aircraft

Air Arabia to open second hub in Rabat, Morocco to
serve Europe, Middle East and Africa

Recently name “Low-Cost Carrier of the YearAir Arabia is investing in Morocco, which will give access to European destinations

  • The Sharjah-based carrier dramatically expands its geographic reach through agreement with Regional Air Lines of Morocco
  • Air Arabia intends to assume management rights for Morocco-based carrier
  • Air Arabia and Ithmaar Bank provide capital injection for Regional Air Lines

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