Friday 18 April 2008

Morocco offers strong rental market

Property of foreign investors who are looking for profitable buying-to-let investment Morocco can find a suitable place, according to industry experts.

NuBricks company said that the tourism sector in the north African country was "on" and has seen some "spectacular growth in recent years.

This has been attributed largely to the efforts of the Government to enhance the desirability of the nation to foreign leisure travelers.

The authorities have recently pumped money into new buildings, recreation and infrastructure modernization in order to make Morocco property a more attractive destination for holiday-makers.

However, it also led to increased interest from foreign property investors, many of whom feel a strong tourism is a strong rental potential.

NuBricks also said: "Overseas property investors would not be less reason to buy the Moroccan property smart and healthy addition to their real estate portfolios."

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