Lack of inheritance tax 'attracts buyers to Morocco'

Recent modernistation and a favourable economic climate means the north African destination offers reasonably-priced homes with scope for price growth, said Rob Shaw, Marketing and Operations Manager for Morocco Properties.

"For those looking to invest in Moroccan property, the biggest benefit is the low taxes," he explained.

Investors do not pay tax on rental yields for the first five years of property ownership, while inheritance tax is not a requirement if a home is left to a family member.

"This is a superb enticer and it is easy to see why so many are attracted to this," concluded Mr Shaw.

Meanwhile, the country's leader King Mohammed VI plans to increase the number of tourists visiting Morocco to 10 million a year by 2010.