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Welcome to Morocco

APPOINTED AGENT

“Leading the way in overseas property investment”

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- Morocco.................................................................................................................................2 - A guide at your finger tips..................................................................................................3/4 - Tetouan..................................................................................................................................5 - Asilah.....................................................................................................................................6 - Port Lixus..............................................................................................................................7 - Martil.....................................................................................................................................8 - Saidia.....................................................................................................................................9 - Viewing your perfect property .....................................................................................10 / 11 - Making your purchase & Buying costs...............................................................................12 - Mortgages............................................................................................................................13 - World Legal Services..........................................................................................................14 - The Diamond Experience...............................................................................................15/16 - Red Hot Homes...................................................................................................................17

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Ref: BD237 Morocco – hot spot for property investment
Nestling on the northern tip of Africa, with a climate, geography and history more closely related to the Mediterranean than to the rest of Africa, visitors are often struck by the odd sensation of having not reached Africa. A country of mountains and deserts, with a coastline fronting both the Mediterranean and the Atlantic, providing plenty of sandy beaches as well as a number of fascinating old coastal cities and an unmistakably enticing ambiance. Capital Growth Predictions Many sources offer different views on what is expected to happen to the value of new Moroccan property in the newly constructed resorts. There are some differences in opinion as always but the one common factor is that prices are expected to rise and at a rate that will please investors. The growth rate has been quoted as being around 30% (Homes Overseas Magazine) but as a more conservative estimate of 15% is expected as being very achievable. Rental Yield Predictions Rental income from Morocco based property is also of great interest to investors as good rental yields are achievable from property in the new luxury resorts being constructed. It is expected that mortgage payments and bills can be covered for the year from the rental income achieved from the peak season months alone. Peak season months are classed as June - September and rental based on a 2 bed apartment costing around €100,000 is expected to be around €2,000 per month. With 85% rental occupancy currently during the high season and the number of tourists set to grow faster than the amount of available accommodation this figure is expected to grow not drop meaning even larger occupancy levels for investors and even potential growth in rental prices as demand increases. The major catalyst behind the huge growth in Morocco’s tourist industry and the massive amount of overseas investment into the stunning new luxury property developments is the massive national development plan devised by King Mohammed VI in conjunction with the UAE. This project called “Vision 2010” was launched with the purpose of drastically increasing number of annual tourist visitors. In fact the goal was more specific than this to increase tourism by 5 times by 2010 to 10 Million visitors and generate 600,000 new jobs in the process. This very ambitious project was presented by the new and young King Mohammed VI in 2001.

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Ref: BD237 A Guide At Your Fingertips
Why Morocco
• Year round destination with 320 days of sunshine • 35º in summer, 22º in winter • Unspoilt golden sandy beaches • Fully equipped marinas with 5-star hotels and facilities • Sophisticated nightlife, restaurants, clubs & pavement cafes • Markets, snake charmers and traditional restaurants • Superb championship golf courses • Beautiful untouched towns and villages • Ideal conditions for windsurfing, hiking, camel riding and even snow skiing

Living in Morocco
• The official language is Arabic however English, Spanish & French are widely spoken • Low cost of living, lower than Spain and 1/3 cheaper than the UK • EU passport holders do not require a visa (children will need their own passport to enter the country – dual ownership passports are not permitted) • Cosmopolitan lifestyle, great cuisine and culture

Investment
• Capital growth of between 15% to 30% predicted • 2.2 million visitors per year, a rise of 26% • Strict building regulations • Low taxes • Substantial development in excess of $2 million is underway by one of the world’s largest developers, inviting comparisons with Dubai

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Ref: BD237 A Guide At Your Fingertips
• Approximately an 18 month construction period

Facts
• General infrastructure is rapidly improving with billions of dollars being poured into roads, airports and facilities • Popular towns include Tangiers (famous for its bazaars) Marrakesh and Casablanca • Unique and exotic lifestyle • Excellent year round rental opportunities • Much greener than Spain • A stable constitutional monarchy headed by his Royal Highness King Mohammed VI • The entire country measures 446,550m², just one-tenth larger than California

Tax in Morocco
• 0% capital gains tax under 40k or after 10 years • 0% inheritance tax when passed on to a family member • 0% tax on rental income for first five years • 6% plus rental yields • 100% repatriation of funds

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Ref: BD237 Tetuoan – Mediterranean style
Situated on the Mediterranean coast just 40km from the exotic town of Tangiers, Tetouan is the capital of northern Morocco. The region is noted for its natural beauty and rich surroundings awash with fragrant orchards, almond groves, cypresses and charming houses nestling on the hillside. The town is characterised by the distinctive Mediterranean style, blue and white buildings bearing testament to its time as the capital of ‘Spanish’ Morocco. A labyrinth of winding streets leading to busy squares and markets bustling with activity offering rich pickings for tourists and residents alike are just some of the attractions of this delightful town. The dramatic backdrop of the Rif Mountains to the south and west, add a stunning contrast to the lush Martil Valley and also protect the coastline from more extreme winds, creating a temperate year round climate. One town definitely worth visiting whilst in Morocco is the charming coastal town of Asilah situated in northern Morocco just south of the bustling city of Tangier. Dating back to 1500BC, historically an important

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Ref: BD237 Asilah – crystal clear Atlantic waters
fishing port but today the town is a popular coastal resort located on the country’s Atlantic coast. A magnet for beach lovers, water sports enthusiasts, golfers and those looking to explore the rich culture, a unique mix of the exotic tempered with familiar Mediterranean architecture evident in the famous blue and white houses prevalent throughout the region, conjuring up images of Greece and also its close neighbour Spain. The standard of amenities, scenery and ambiance have bewitched many visitors, many artists are attracted the area and there are also festivals, particularly in August celebrating the local artists and musicians. This is a fantastic location for soaking up the authentic atmosphere of the Morocco, whilst still enjoying those little comforts of home.

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Ref: BD237 Port Lixus - Perfect up market destination
The Port Lixus is a luxury all year round beach resort, offering top of the range sports, leisure and health facilities, providing the perfect destination for those looking for a little bit more than a holiday home. Located on the Atlantic coast of Morocco just 40km south from the colourful city of Tangiers, the resort will appeal to the discerning investor looking for a luxury residence, in the best location complimented by plethora of international standard facilities both on-site and within the local vicinity. The Atlantic coast of Morocco is renowned for its crystal clear water and 8km of fine powdery white sandy beaches. Port Lixus will be a magnet for those looking to enjoy outdoor sports and leisure activities such as tennis, gym, swimming and two 18-hole golf courses. It will also attract dedicated marine lovers, for its deep sea fishing and water sports. Amongst the facilities available in the region are an equestrian centre, sports training centre, a pleasure port and a marina.

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Ref: BD237 Martil – the best beaches in Morocco
Located on only twenty minutes from the bustling town centre of Tetouan, we find the charming coastal resort of Martil. Until recently largely undiscovered by overseas tourists or developers, Martil is an established resort enjoyed mainly by wealthy and middle class Moroccan’s during the summer season. The architecture is typical of the regions Moorish style, although unremarkable in design, although the town is bright and enticing, featuring a beautiful promenade, stretching along the beach for several kilometres, ideal for a relaxed stroll whilst watching the sunset. The fine golden sandy beach, lapped by crystal clear waters is up there with the best of them, attracting many visitors looking for a cooling dip, water sports, sailing or just sit on the sand and watch the world go by. Hotel accommodation in the area is limited mainly to the town centre and is generally fully booked during high season, highlighting the need for the new high quality beachside developments.

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Ref: BD237 Saidia – a taste of exotic luxury
One of Morocco’s most popular villages located on the Mediterranean coast is currently undergoing huge transformation into a major tourist centre. MediterraniaSaidia is a unique totally comprehensive international residential and tourist resort designed to provide high quality accommodation within a region measuring over 7,000,000m² and an incredible six kilometers of coastline. A luxury year round location offering a taste of the exotic on the Mediterranean, a fantastic resort with miles of unspoiled sandy beaches, a new 840 berth marina, three 18-hole championship golf courses, eventually seventeen golf courses will line the coastline, luxury hotels and seemingly unlimited leisure facilities. The marina, one of the largest in the Mediterranean will be a magnet to sailing enthusiasts providing a range of services including tourist information and there will be a chandler’s store and the harbour master’s office. In anticipation of demand there will be thousands of luxury residencies, hotels, beach bars, restaurants and international shopping opportunities. Every eventually has been planned for including a heliport, sports, business, conference and exhibition centres against an idyllic Mediterranean backdrop.

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Ref: BD237 Viewing Your Perfect Property
We recommend that you join us on a property inspection programme. Our client services team will be pleased to book your flights and hotel on your behalf. The tours are kept to the best value. We will advise you when you are considering a trip. Arranging a property inspection programme could not be easier. We will take care of your flights and 4-star hotel accommodation and arrange for you to be met at the airport by one of our English speaking team. Arranging a property inspection programme could not be easier. We will take care of your flights and 4-star hotel accommodation and arrange for you to be met at the airport by one of our English speaking team. Payment All flights are booked by us on your credit card, to ensure you are covered by international travel regulations imposed by I.A.T.A protecting your interests in the unlikely even of default. Departure Airports Subsidised inspection flights are available from London, Manchester and Dublin. We are happy to assist you with any arrangements for connecting flights to these airports. The Property Inspection Programme We guarantee your property inspection programme will be most enjoyable and rewarding. • You will be greeted at your UK departure airport by our UK representative who will provide you with our information pack and details of your tour. • On arrival you will be taken to your hotel and given time to relax after your journey. • We will provide a welcome meeting where our team will tell you all about your resort, the legalities of purchasing and our unique after sales service. • We will introduce you to the culture of your destination with a special gala dinner.

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Ref: BD237 Viewing Your Perfect Property - Tangier
• You will be toured in air-conditioned comfort to the properties of your preference. Here is our September programme* MOROCCO, (Ceuta/Tangier) 2NIGHTS; 3 DAYS 6th September – 8th September 13th September – 15th September Departing from Gatwick, Manchester, Dublin to Malaga ₤199 per person MOROCCO, (Saidia) 2 NIGHTS, 3 DAYS 27th September -29th September Departing from Gatwick, Manchester, Dublin to Malaga Private Jet connection to Saidia* ₤199 per person *This tour has to have pre purchase deposit paid. * If these dates are not convenient or you wish to go later please contact us and we will do our best to accommodate you. Contact us on our free phone numbers to talk to our dedicated consultants who will be happy to help you arrange a property inspection programme or help you to decide what and where you would like to purchase. Free phone: UK: 08000 664 980 / IRE: 1800 760 196 or email: info@redhothomes.co.uk www.redhothomes.co.uk

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Ref: BD237 Making Your Purchase & Buying Costs
When you have decided on the property you wish to purchase, it will be necessary to make a deposit starting from 3500€ (incl. 50% legal admin fee). You should have this available by credit card or cash (euros). This deposit will reserve the property for you and it will be removed from the market. This reservation fee forms part of your deposit due upon signing the Private Purchase Contract, which is generally due thirty days later. Immediately after you return home you will be contacted by Worldwide Legal Services our legal advisory service. They will offer to appoint an English speaking lawyer for you and act as an interface between you and your lawyer, throughout your purchase ensuring that you are kept fully aware of when all payments are due and help you with any questions concerning your purchase. You will also be contacted by HiFX our recommended currency exchange organisation. They will demonstrate to you how you will be able to save considerably on your currency payments overseas. Finally our after sales team ‘The Diamond Experience’ will contact you to introduce themselves and will be on hand to help you with any questions relating to the purchase of your property. Should you require a mortgage for your purchase or to make multiple purchases we will be pleases to advise you. Tax issues should be discussed with your own tax advisor. Buying costs Buying a property in Morocco differs from the purchasing process in the UK. It is necessary to allow an additional 6% of the purchase price for taxes, notary and legal fees.

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Ref: BD237 Mortgages - Helping your Investment
Although, Morocco is a recent emerging market there are now several mortgage products available to non-residents that will enable you to comfortably afford your purchase or for you to take advantage of multiple purchases, thereby enhancing your investment. Although, not as developed as in Spain, there are several routes available. Purchasers from the UK and Ireland can release equity on their home property, repayment and interest free mortgages are also available to borrowers on both off-plan and resale properties. Equity release A popular method for UK and Irish purchasers is to release the equity release from their property at home. Interest only mortgages As the name suggests, only the interest is paid on this type of mortgage and the entire purchase price is repayable when the purchaser decides to clear the mortgage. Interest free mortgages are only available for a limited time of three years. Example Purchase price: 40% deposit: Mortgage: 80.080€ 32.032€ 48.048€ Repayment mortgages Generally repayment mortgages last for 25 years. The borrower will repay both the capital borrowed and the interest charged on the entire sum. Example Purchase price: 40% deposit: Mortgage: 80.080€ 32.032€ 48.048€

Monthly repayments on a typical interest only mortgage on 5.5% interest would be only 220.22€, that’s only 7.24€ per day.

Monthly repayments on a 25 year typical repayment mortgage on 6.32% interest would be only 319.04€, which is only 10.48€ per day. For further information contact the Diamond Experience on Free phone: UK – 08000 664 980 / IRE: 1800 760 196

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Ref: BD237 Worldwide Legal Services
Worldwide Legal Services is an interface between overseas purchasers and lawyers. Their service ensures that correct procedures are followed to ensure your property purchase in Morocco goes smoothly. Providing a fully independent legal advisory service utilising a panel of Moroccan Bar registered bi-lingual lawyers, all of whom specialise in property transactions. Your purchase will be tracked throughout the entire procedure and you will be advised when payments are due. The team is at your disposal to obtain the answers to any of your legal questions concerning you purchase. The advisors are available by free phone during office hours. NO OTHER GROUP OFFERS SUCH AN ALL EMBRACING PACKAGE OF BENEFITS TO OVERSEAS PROPERTY PURCHASERS UK 08000 664 970 / IRE 1800 760 195 Email: info@worldlegalservices.co.uk http://www.worldlegalservices.co.uk/

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Ref: BD237 The Diamond Experience
The better way to buy your overseas property When you have made the decision to purchase an overseas property, The Diamond Experience can help you achieve the maximum return and pleasure from your new investment. Providing a dedicated team to assist you, whilst you sit back and relax in the knowledge that your interests are being taken care of, whilst guiding you through the first steps of your purchase right up to the handing over the keys and beyond. Money saving benefits Just have a look at the benefits on offer free of charge to members of The Diamond Experience programme. (However, should you decide not to join the membership program we can still offer you our services on an individual fee basis). A website full of important information at your finger tips As soon as you have purchased your property you will receive regular updates via the member’s section of the website. You will be able to access FREE updates on your new property, a wide range of discounts on other items and a dedicated call centre, which will be on hand to take your call on a free phone number and happily answer your questions. At your side When nearing the completion date for your property, you will be guided through the completion process, including a FREE completion check (snag list), essential in order to allow your lawyer to complete on the purchase. Property Holiday Swap Service The Diamond Experience has devised a unique holiday property swap programme that will enable owners to swap their property, with another member, allowing each to enjoy the benefits of the a different resort. Even if you have chosen a ski property in Bansko, there is no reason why you cannot enjoy a holiday on the tropical islands of Cape Verde.

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Ref: BD237 The Diamond Experience
Benefits for Members • Call centre • Members only area of the website • Access to photos and updates of your new property • FAQ section put together using feedback from clients • Deal with unforeseen / arising issues with a satisfactory resolution time. • A complimentary airport collection • Corporate accommodation rates for pre completion visits • Priority quotations from UK FSA, insurance company • Liaising with developers and financial services ( one point of contact) • Regular updates • Coordination of any out source work requested by members • New benefits being added on an ongoing basis • Total peace of mind that every eventuality is covered • Worldwide Property Swap Service Contact us on Free phone: UK 08000 664 980 / IRE 1800 760 196 Email: info@thediamondexperience.co.uk www.thediamondexperience.co.uk

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Ref: BD237 Red Hot Homes
Red Hot Homes is an established international team with over 200 years experience (collectively), offering the best choice of off-plan, new and exclusive developments in latest emerging markets. All properties featured have been thoroughly researched by our professional Product and Legal departments to ensure that they exceed all the necessary criteria, offering you the best locations, design and hottest investments with highest capital growth and rental potential, sometimes with the rental income guaranteed! We are committed to providing a thorough, professional service starting from first contact, choosing a property, arranging inspection trips, legal and financial advice, through to our extensive after sales services. All clients will be guided by our own highly trained property professionals, who live and work within the regions and are familiar with the local purchase practices. Red Hot Homes take pride in offering the best personalised service within the industry, providing options for long, mid or short-term property investment opportunities in all the hot spots around the world. For further information on prices, availability and the latest new releases contact your agents who will be happy to spend as much time as you wish to help you decide where and what to purchase.

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