Houses for sale Marrakech 2023 with luxuriouspropertiesmarrakech.com

Quality real estate agency Marrakech today: Welcome to our real estate agency in Marrakech , specializing in exceptional properties. We offer you an exclusive selection of luxury villas and apartments in Marrakech, as well as high-end rental services. Whether you are looking to buy, sell or rent real estate in Marrakech, our dedicated team supports you to bring your most prestigious real estate projects to fruition. With sumptuous villas offering magnificent panoramas and refined apartments, we offer you a range of choices for living or investing in luxury real estate in Marrakech. We put our local market expertise, professionalism and discretion at your disposal to guarantee a tailor-made experience and successful transactions. Contact us today and let us guide you to your luxury residence in Marrakech, where comfort and refinement meet to create a unique living experience. Find extra information at Real estate agency in Marrakech.

The capital gain is calculated as the difference between the sale price and the acquisition price of the property, after the application of certain deductions authorized by law. The way in which real estate capital gains are taxed in Morocco depends on the period during which the property was owned. In general, there are three categories of taxation: Less than 5 years of ownership: if you sell your villa in Marrakech after holding it for less than 5 years, the capital gain will be subject to a tax rate of 20% . This is equivalent to 20% of the difference between the sale price and the purchase price which will be withheld as income tax.

Built in 1565 by the Saadians, the Medersa (madrassa – Islamic school of learning) of Ben Youssef is the largest theological college in Morocco. The warrens of rooms (with student cells that once were home to 900 pupils) are clustered around small internal courtyards in typical Islamic architecture style, but the main internal courtyard is the real highlight here. The fine zellige tiling, stalactite ceilings, cedar-wood detailing, and Kufic inscriptions used as decoration across the courtyard’s interior make this medersa one of Morocco’s most beautiful buildings and a star medina attraction.

Essaouira is a relaxed fishing port, protected by a natural bay. It was formerly known, by the 16th century Portuguese as Mogador. The present city of Essaouira was only built during the 18th century to increase trade exchanges with the European powers. Nowadays, Essaouira is renowned for its kitesurfing and windsurfing, with the powerful trade wind blowing almost constantly onto the protected bay. Parasols tend to be used on the beach as a protection against the wind and the blowing sand. The medina of Essaouira is home to many small arts and crafts businesses, notably cabinet making and wood-carving.

Inland, in Morocco’s eastern Sahara region, are the grand and rippling sand dunes of the Erg Chebbi, where would-be explorers and adventure-seekers head to get a dose of desert action. This is prime territory for dune-surfing, four-wheel-drive dune-bashing, and the (much more authentic) camel trekking. For those with less of an active nature, just sitting amid the sand dune splendor is worthy enough of the long journey out here. For most travelers who make it this far, the highlight is spending the evening at a desert camp amid the dunes themselves.

On September 8, 2023, a devastating magnitude 7 earthquake struck Marrakech and its surroundings, causing significant material damage, taking the lives of more than 3,000 people and destroying entire villages, particularly in the Al-Haouz region. Beyond the human tragedy, this natural disaster has raised questions about the future of two major economic pillars of Marrakech: real estate and tourism. Marrakech, considered one of the pearls of the kingdom, has seen its real estate landscape flourish over the years, with a harmonious mix of traditional riads, modern villas and residential complexes. See even more details at https://luxuriouspropertiesmarrakech.com/.