Morocco Property Investment News

Morocco on the right path

Morocco on the right path

The success of the Vision 2010 tourism plans are set to inspire a boom for the market of investment property in Morocco, one expert has claimed.

Rob Shaw, marketing and operations manager for Moroccan Properties, told Easier.com that King Mohammed VI's ambitious plans were already showing fruition, with 6.5 million tourists visiting the north African country last year.

He commented that the capital was a hive of commercial activity.

"Marrakech is a prosperous centre of business, tourism and culture and is providing a new breed of overseas investors with superb opportunities to prosper, as property prices rise at unprecedented rates.

"Marrakech is the most significant market in Morocco and in the last few years has become renowned as a favoured overseas property hotspot."

He added: "As its popularity continues to rise at a meteoric pace, the general infrastructure is also being improved, paving the way for premier developments and amenities that will help towards the government’s 2010 vision."

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