LA BELLE VUE, PORT LIXUS, is a very special resort on the second D'Azur plan. It is situated on the most elevated position on Port lixus with breathtaking views, complete privacy is assured, many will have frontline golf views and all will be on large plots. Choice of garden apartments, duplexes and townhouses with the top floor being a penthouse with spectacular views.
La Belle Vue is about location, location , location. Luxury, Space, Privacy, Freedom, breathtaking views, and with apartments starting at £188,000 or €273.000 easily affordable with mortgages of up to 65% on offer ( subject to status).
Port Lixus is THE resort you have to see, we have two dedicated inspection trip representatives based in the region, who will meet and greet you at the airport take you around the area, show you Port Lixus and La Belle Vue. You will not be disappointed. The location is second to none.
For more information or to book an inspection trip Call or e-mail now.
Quest 2 Invest is a specialist international property agency dealing only with emerging markets suitable for short and long term capital appreciation or rental investment. La Belle Vue is one of our top recommendations.
 |
| About This Property |
|
| Category: |
| Resorts | | Address: |
| Port Lixus
Larache
Tangier
Morocco | | For Sale By: |
| Agent | | Construction Year: |
| 2008 | | Area: |
| 120 m2 | | | Bedrooms: |
| 3 | | Bathrooms: |
| 2.5 | | Sleeps: |
| n/a | | Stories: |
| 4 | | Parking Spaces: |
| 2 | |
|
| Features - Amenities |
|
| - Appliances
- Pet Friendly
- Maid's Quarters
- Pool
- Tennis Court
- Gym/Spa
- Balcony
- Terrace
- Patio
| | - Cable TV
- Ocean View
- * Exclusive Private Development
- * Large Luxury Apartments, 2 And 3 Bedroom Duplexes, Townhouses
- * 3/4 Bedroom Luxury Villas
- * 30 Minutes Away From Tangier Airport
- * 2 X 18 Championship Golf Courses
- * 750 Berth Marina Plus A Yacht And Sailing Club
- * Huge Sports Centre Plus A Separate Sport Facilites Area With All Popular Sports Catered For
| | - * Equestrian Centre
- * Spa, Beauty And Fitness Centre
- * Several 5 Star Hotels
- * Magnifcent Views With Breathtaking Scenery On The Most Elevated Resort In Port Lixus
- * Investment Returns Huge On This Second D'Azur Plan
- * This Is The Most Exclusive And Luxurious Resort In The Area
- * Backed By The King Of Morocco
|
|
| Contact - More Information |
|
3 comments:
Tempting proposal. Can you say more about taxes in morocco and perspectives of invest in Tangiers property
Real estate Taxes in Morocco
What is the annual tax liability likely to be?
The Morocco tax system is modelled on the French system. All purchasers are strongly advised to get independent tax advice on their Bab Adrar purchase and to employ a local reliable accountant to deal with their tax claims. The UK and Morocco subscribe to a double tax agreement.
The following information gives a very basic outline of the Morocco tax implications for UK purchasers:
Buy to Let
Personal Income Tax on Rental Income (IGR) for a non-tax resident
Anyone generating an income in Morocco, whether they are tax resident or not, will have to complete a tax return declaring their income. Buying a property and letting it out incurs tax liability on the income. In Morocco, the first 20,000dhs are tax exempt and the remainder is taxed at a sliding scale from 13% (with reduction of 2,600dhs) for income between 20,000 and 24,000dhs, rising to 44% for income surpassing 60,000dhs per year.
Local Property Tax (Taxe Urbaine- TU) and Taze d'édilité (TE) (Personal holiday home option)
A Property may incur this annual tax, but for the first five years, private purchasers of a newly constructed property have full exemption (Property agencies and companies are not exempt). There is a 75% discount if the home is your permanent residence.
At the moment, no urban tax is payable on a rural residence.
Property Rental Tax (Taxe Urbaine) (Investment only)
Investors are liable for 13.50% tax on the rental value of the property if they do not live at the property at all.
Refuse Collection Tax (Fiscalite des collectivites locales)
At the moment, there is a 5 year exoneration from the garbage collection tax. In subsequent years, tax is calculated at 10% of the property's annual rental value.
Buy and Resell
Capital Gains Tax (Taxe sur les Profits Immobiliers - TPI)
20% Capital gains tax is payable on the profit from resell, with a minimum payment of 3% of the final sale price. TPI is based on the sale price less the purchase price. In this instance, the purchase price is deemed to include the following:
Cost of borrowing, Registration and legal costs, Notary fees and taxes, Repairs and maintenance costs,
Brokerage fees, Inflation (based on a current government figures)
Sellers are exempt from Capital Gains Tax if the property is sold after it has been owned for more than ten years.
When the property is owned for more than 5 years but less than 10 years, the TPI tax will be 10% of any capital gain over 1 million Dirhams.
Inheritance Tax
No inheritance tax is payable for family members. Expert advice should always be obtained prior to implementing any inheritance tax planning strategies.
Owners are strongly advised to make a Moroccan will.
UK - Morocco Tax Treaty
There is a double tax treaty between the UK and Morocco that ensures purchasers do not suffer Income or Capital Gains tax in both countries.
Corporate Tax
If you intend to purchase a number of Moroccan properties it may well be worth considering establishing a Moroccan Private Limited Company -The private limited company (SARL). Detailed legal advice is essential in this instance.
Post a Comment