Thursday 8 May 2008

New opportunities in Morocco

Morocco’s emergence as a popular tourist destination is driving the creation of new properties across the country. According to the ‘Associated Press’, the north African nation is increasingly attracting highly sophisticated and fashionable visitors, becoming a focal point of activity for foreign property buyers and developers.

The news provider stated that many upmarket developments are being created in areas such as Marrakech, as this is one of the most popular locations.

Commenting on the city, it said: ''Marrakech is fast becoming a real estate hotspot thanks to its warm winters and priceless landscapes.'' The media outlet added that house prices in the city have appreciated very healthi;y in the last decade as a result of the extra interest from abroad.

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