Property Market in Morocco

Property Market in Morocco

Property market in Morocco was until fairly recently virtually nonexistent for overseas buyers it has long been a travel destination for the more adventurous tourist or traveller perhaps epitomised in the 60s and 70s for its influx of hippies artists and bohemians attracted by the air of mystique and perhaps biblical feel of its ancient towns and cities.

Given the close proximity to southern Europe and the investor friendly conditions created by King Mohammed VI it was a certainty that overseas property investors would move into Morocco.

The new resort Mediterranea Saiada is huge and will be most impressive when it is finished it is planned for more than ten top quality hotels, all the top brands in swanky new shopping centres and a marina with moorings for more than 800 boats, it really is a vision in the making. This resort also has royal backing as part of the project Vision, this gives the project extra credence in Morocco and beyond. All of the services that you would expect in a resort of extinction are their including marble flooring in the buildings, baby sitting services, 24hour security, and a maid service.

Property Market in Morocco

Infrastructure is also improving at pace with road building programs and a new terminal at the Oujda airport which will all be ready by the time the development is finished. The journey time from the Airport will be less than half an hour making it comparable with most of the top holiday destinations in the world. There are several major Airlines bidding for routes into this airport fuelling more interest from domestic and serious investors alike.

The Mediterranean resorts are not the only places worth investing in; the majority of the cities also have great property investment opportunity Morocco is a wonderful place to visit and will become a top tourist destination in the near future making it one of the top places to invest in right now.