Welcome to Cornerstone Worldwide Property
Wherever you want to be in the World
00 44 (0)1603 700007
How can we help?
Our range of services are designed to support you all the way when buying Property Abroad. Please call us with your requirements or e mail our offices to find out more about any property that suits your needs.
"After our inspection visit not only did Cornerstone find our dream property but we also found that we had made a new friend! Also I have found that the after sales service to your customers is second to none. You couldn’t have made it all any easier.”
Mr & Mrs Gold (London)
Over 12,000 properties available online
Morocco
A bit about Morocco
- Good choice of areas
- Low cost of living
- Cosmopolitan and up and coming tourist destination
- French and English widely spoken
- Good mix of ages
- Great weather conditions
- Good investment potential
Property prices:
- Coastal apartments from £20,000
- Costal villas from £30,000
- Plots from £20,000
Property purchase costs and procedure.
- Allow 10% - 12% of purchase price to cover costs
- Initial reservation deposit of between 1,000 and 2,000 pounds required
- Contracts signed once searches carried out.
- If buying a new development stage payments may be required
- From offer to completion usually takes around six to eight weeks
Can I take a mortgage?
- Maximum 50% mortgage for Morocco based mortgage
- Maximum term is 15 years
- Interest rate as 7% - 8%
- Proof of income is required
Getting there:
- Wide choice of departure airports
- Good mix of charter and scheduled flights
- Also flight to Gibraltar and high speed ferry across
What about Jobs?
- Work permit required
Can I take my Pet?
- Certificate from European vet stating that the animal is free from major disease required/pet passport
Transferring money
- Best rates available through money transfer specialists.
Driving licenses.
- You can use your UK license in Morocco
What about schools?
- Private English schools available in key areas
Some Key points
- Always use a lawyer represented in Morocco when purchasing property.
- Be aware of freelance agents