.text p{ line-height:34px !important; }

Morocco Property Market Outlook for 2017


Morocco Property Market Outlook for 2017

 Do you have a property for sale in Morocco? Morocco is one of the most popular tourist destinations in North Africa. Tourism is big business here. Recently, the country has been figuring more and more in the overseas property market, which is good to see.

Morocco certainly has a lot of potential for the future, and it’s not a bad time to buy property in Morocco online, if you feel up to it. A number of real estate projects have come up this year in Morocco and more are expected to come up over the next few years. The country is fast becoming a magnet for both tourists and overseas property investors.

 Morocco has done a few things right, which have given it an edge over its neighbours such as Egypt and Tunisia. For one, the country is well connected by flight to Europe and the Middle East. There is a steady flow of visitors to the place from the UK, Germany and France, as well as from the Middle East.

Generally, the first stage of development for an overseas property destination involves tourism. Once tourists start taking interest in a country, start visiting it regularly, they move on to the next stage, which is to buy a second home or holiday home in that country, which allows them to spend more quality time in the place.

 Morocco is a non-traditional tourist destination and has its own unique culture, which has developed over hundreds of years. There is something about this place that brings back the old world charms of the British Empire. Indeed, it appears as though much of the country appears stuck in the first half of the 20th century.

So, while mobile phones and modern technology are everywhere in Morocco, and the English Premier League is followed widely, the people here are very traditional. But that’s a good thing. The lifestyle here is decidedly relaxed and laidback and nothing happens in a hurry.

 The Moroccan government has drawn up ambitious plans to attract more tourists in 2017 and beyond. They want to attract at least 10 million tourists to the country by 2019 and will be spending in the upwards of £7 billion on building the infrastructure.

 Morocco is popular with tourists because there is an air of mystery about it. It is a naturally beautiful country with a number of picturesque locations. The vast natural landscapes of Morocco are certainly a photographer’s delight.

If you are looking to sell property in Morocco fast, you should know that the country was relatively unaffected by the real estate slowdown that hit many parts of Africa and Europe in the aftermath of the global recession of 2008.

The country seems impervious to the ups and downs of the global real estate market. The economy has been growing steadily at 6 percent a year, which is very good. The banking sector here is very conservative, so there is absolutely no chance of a real estate bubble developing here anytime in the future.

 




Leave a Comment








WorldWideGroup © Copyright 2015 all rights reserved