Wednesday 20 August | 03:32
Furniture Packs in Morocco, for investors and home-owners.
Rent-a-car in Marrakech and throughout Morocco.
Villas, Apartments and Property for Sale in Morocco.
Ultimate guide to Restaurants in Marrakech, Morocco.
The launch of the King’s Azur Projects in 2000, which aim to increase the number of tourists to Morocco to 10 million visitors in 2010 was the beginning of a major boost to the Morocco Real-Estate Market. Infrastructure development projects are currently underway through-out Morocco, one of the most notable is the high-way that links Casablanca – the commercial capital, with Marrakech – the most popular destination for tourists coming to Morocco. This was completed in the summer of 2007. A high-way development is currently underway that is due to link Marrakech with Agadir – a major sea resort, extremely popular with surfers and European tourists. Real-Estate investment in Morocco is therefore, currently at it highest levels for many years.
Properties in Morocco as a result of these infrastructure developments have seen a huge jump in price. Statistics show that from 2005 to 2007, properties in Morocco have doubled in value in many areas of the country. The relaxing of bank rules and particularly lending has resulted many Moroccans taking out mortgages to buy properties. This is a new trend and is growing in popularity especially that there is a real demand for rental properties in Morocco, which means that investors can cover the cost of their loans by letting out their properties.
Villas for sale in Morocco tend to be within touristic resorts that come complete with swimming pools and a club house. Some villas for sale in Morocco will have their private swimming pool and even Hamam. Morocco villas for sale, can be bought off-plan, with most developments taking a couple more years to complete, buying a villa in Morocco now is a good investment as prices are sure to rise.
In nearly every city in Morocco you will find apartments for sale, whether in residential developments or touristic developments. Apartments for sake in Morocco are featured in free magazines that are distributed in the major cities and also with local real-estate agents.
As the real-estate market in Morocco has developed, real-estate agents have started to mushroom through-out the country. The majority of agents being French. More recently though, a number of British real-estate agents have started operating in the Moroccan market.