Marrakech, one of Morocco’s most dynamic and developing cities, is the one of the highest investment destinations for foreign investors. Offering greatly appreciated luxurious hotels, numerous other lifestyle services, and investment opportunities, Marriott is entitled the “New Madrid Game Changer.” All these aforementioned factors bring foreign investors to the city and they provide the foreign promisees with a view on the many benefits of investing here bright and promising city.
1. Luxury Real Estate Market with Strong ROI
The city, Marrakech of the rich, dose it the best and through it a good number of its properties were built that now are for investment in the city while others are owners of them. The city cruised into the luxury real estate market, the market that was in constant growth and the value of the apartments increasing on regular basis, therefore, became it an area where to put your money for steady returns.
Compared to Madrid, Marrakesh has man of unique spots like Palmeraie, Amelkis, and Al Maaden that may be bought by investors.
Additionally, the increase in the number of short-term luxury rentals through boutique hotels and the placement of high-end accommodations on platforms such as Airbnb has significantly raised the rental yields, and as a result, Marrakech has evolved to a more attractive market for investors with good returns.
2. Favorable Tax Environment and Asset Protection
Marrakech, as Madrid, is a city that allows businesses to grow and prosper thanks to tax benefits. Morocco does not require individuals to pay wealth tax, which is very alluring to high-net-worth clients who are in search to shelter their wealth. Furthermore, low property taxes and friendly fiscal policies enable foreign buyers to make use of their investment strategies to the maximum.
Just like in Spain, where other investors use similar ways to reduce taxes, many overseas entrepreneurs start up companies to deal with the tax affairs in Morocco. This setting is the one that turns this sun city into the favorite place for the asset protection and the financial expansion.
3. High Quality of Life at a Lower Cost
Marrakech is basically a place for enjoying a living of the luxury flavor for less than half the cost that is typical of the European residing areas. Whereas it is true that the quality of life in Madrid is very high, in Marrakech residents can afford to have private chefs, chauffeurs, personal security, and luxury services for much less money than Madrid.
Also, the city is a permanent home for various international stars, business tycoons, and billionaires. Through its variety of high-class restaurants, worldwide top-notch shopping centers, and private clubs, Marrakech has shown that it is a global destination in the A-mark category.
4. Prestigious International Schools: A Major Draw for Expats
Marrakech is an ideal option for those foreign investors who are going to start a family and would like to attend to top international schools for they support a wide network of these institutions that provide high-quality education in English, French, and some of them are even bilingual. Some of the most well-regarded schools in the area are the following:
• Lycée Victor Hugo (achieved by following the French curriculum)
• Lycée Français de Marrakech
• British International School of Marrakech (BISM)
• American School of Marrakesh (ASM)
These leading schools are a vital part of the attractiveness of Marrakech for the potential investors as they make sure that children can enjoy a top-tier schooling that is in line with the extravagant lives of the families.
5. Political Stability, Safety, and Privacy
Marrakech provides a stable political environment and a safe living space that appeals to foreign investors. On the other hand, the Moroccan government is actively involved in the promotion of foreign investment, which is a pro-business climate and legal frameworks that protect international buyers.
The communities of Amelkis and Palmeraie that have barriers are able to determine who enters and leaves. They are the best homes for rich individuals who want to live there and be in secrecy.
Moreover, the track record of American head of states and their accompanying wives being welcome at La Mamounia, Marrakech’s pride and joy, gives a glimpse of both its prestigious past and the luxurious. Of these honorable people:
• Franklin D. Roosevelt, in 1943 when he met with Winston Churchill and Sultan Mohammed V at the La Mamounia, during the Casablanca Conference he was accommodated at La Mamounia.
• La Mamounia was Ronald Reagan’s dream vacation spot, too, where the former president enjoyed the supreme ambience of the noble hotel.
Such visits, on their part, help make a strong case for La Mamounia as a haven home for the rich and famous, blurring the lines between the roles of luxury and history.
6. Global Connectivity and Strategic Location
Marrakech serves as a strategic transit hub between Europe, Africa, and the Middle East and is therefore desirable for investors and businesses seeking a place to invest globally. At Marrakech Menara Airport there is a regular flight schedule to Paris, London, Madrid, and Dubai that are all newer and making international investors’ lives easier.
Much like Madrid, Marrakech is on the way to becoming a central hub by the way of its transport infrastructure. This will enable the mode of travel and the number of flights to be increased making the city a more accessible place.
Marrakech’s Global Connectivity: Direct Flights to Major Cities
By way of the popularity of low-cost airlines and the transportation connections available, Marrakech is globally connected with direct non-stop flights to many countries around the world. Here’s a list of countries and cities offering non-stop flights to Marrakech Menara Airport (RAK):
Germany: Berlin , Frankfurt , Munich
Saudi Arabia: Jeddah , Medina
Canada: Montreal
Spain: Barcelona , Madrid , Malaga , Seville , Valencia
United States: New York
France: Bordeaux , La Rochelle , Lille , Lyon , Marseille , Nice , Paris , Toulouse
Italy: Milan , Rome
United Kingdom: London , Manchester
Switzerland: Basel , Geneva , Zurich
Turkey: Istanbul
7. Growing Prestige and Appeal Among Global Elites
Of late, Marrakech has been the place of the rich and eminent people of the world like billionaires, movie idols and global investors. A city that is home to world-class events such as:
• The Marrakech International Film Festival
• Lavish catwalk in Dior shops
• International art exhibitions and luxury brand launches
The said events have proved Marrakech to be at the same level as Madrid and other high-end international cities as a world-class luxury destination.
8. Cultural and Gastronomic Appeal
Marrakech is actually a great place to visit if you are interested in the side of culture and food. Investors while not just the property owners will be given a privilege to access a town where history is combined with the comforts of the present. From eating in Michelin-starred dining to finding local art galleries and also traditional markets of Marrakech, Marrakech is versatile and offers a life full of exciting experiences.
Marrakech presents a vast number of really good eating places which are members of valuable chains such as the Club of the Most Beautiful Bays in the World as well as Relais & Châteaux. The ones that come to mention are:
• La Villa des Orangers: A five-star hotel and member of Relais & Châteaux which is a refined place with an authentic Moroccan charm.
• Palais Ronsard: Located in the historical palm grove, it is one of the Relais & Châteaux’s finest properties providing a tranquil retreat with luxurious accommodations.
in addition :
The museums of Marrakech such as Yves Saint Laurent Museum, Palmer Museum, and Museum of Marrakech bring a special vintage touch to the atmosphere of the city. Those art collectors and luxury travelers or rather food connoisseurs will find Marrakech a place that combines the hype of exclusivity, culture, and availability of chances to invest.
9. Year-Round Sunshine and Natural Beauty
Marrakech has a long, about 300, sunny days of the year making it a perfect place for those who like warm weather and an active outdoor life. The place is about at a close distance with the Atlas Mountains letting the investors indulge in skiing in winter and also offering them ways of enjoying warm winters, in the middle of the year.
On top of that, Marrakech is home to several elite golf courses including the Royal Golf of Marrakech and Amelkis Golf, besides luxurious hotels and spa retreats. This infrastructure constitutes an interesting place for people who are looking for both relaxation and investment growth.
Marrakech’s Prominence in the International Golf Scene
Marrakech has become the most preferable and must-visit spot for all the people who need to be very interested in international golf tournaments and championships (both professional and amateur), where golf lovers from around the globe can come to experience the sport at a high level. Major international golf events conducted in Marrakech are:
• Trophée Hassan II (European Tour)
• Lalla Meryem Cup (Ladies European Tour)
• Moroccan Golf Open (European Tour/Challenge Tour)
• Allianz Golf Open (European Senior Tour)
• Marrakech Golf Challenge (Alps Tour)
• Royal Golf Marrakech Open (Amateur/Professional)
• Assoufid Golf Challenge (MENA Golf Tour)
10. Investment in Marrakech’s Infrastructure
The Moroccan government persistently pours money into the construction of important infrastructure projects such as highways, high-speed rail, and smart cities. These advances in infrastructure raise property values and thus, they are instrumental in the sustainable growth of Marrakech’s real estate business.
Like Madrid, which has gained from various urban renovation and extension initiatives, the modernization of Marrakech ensures the city to be a top-notch location for the luxury real estate sector in the future.
Notable Personalities Who Have Invested in Marrakech
Marrakech has attracted not only many ordinary people but also a large number of famous people from various countries. It’s a difficult task to maintain a complete current list of all the celebrities who have invested in Marrakech as the city is continually growing. However, some of the most famous people associated with Marrakech either through frequent visits or the property acquisition, are those such as:
In the World of Cinema and Culture:
Yves Saint Laurent and Pierre Bergé: Majorelle garden was the first romantic place that the legendary fashion designer and his boyfriend Pierre Bergé had chosen. It was the place where they set up a public landmark.
Winston Churchill: UK Prime Minister paid routine visits to Marrakech where he was able to let off steam by painting and hanging out.
Charlie Chaplin, Marcello Mastroianni, Claude Lelouch, Francis Ford Coppola: The movies greats did appear in La Mamounia, considered the number one star hideaway place.
Madonna: The singing superstar was 60 when she had a huge celebration in Marrakech.
Brad Pitt, Eddie Redmayne, and Tom Cruise: Hollywood actors including these three were spotted in Marrakech, usually for organized functions, or private visits.
Paloma Picasso: Paloma, the brilliant painter’s daughter, is living in Pablo Picasso’s estate in Marrakech the Palmeraie.
In the World of Sports:
Cristiano Ronaldo: The soccer player has put resources into a four-star hotel in Marrakech, the Pestana CR7.
Other Notable Personalities:
Richard Branson: The British millionaire entrepreneur has also had a share in the property field, a mansion in Marrakech. by DestinaRoad
