Buying real estate in Morocco means buying into one of the world's leading emerging property markets.
The Westernised nature of Moroccan policies and the heavy influence of the country's forward-thinking, reform-minded King Mohammed VI are encouraging signs for today's buyers of property in Morocco today.
For years, the World's rich and famous have been buying real estate in Morocco. Today they are doing so partly due to the fact that real estate in Morocco is has sound investment potential, but also because they can live in the same luxury in Morocco as they can in more traditional destinations like St Tropez or Monaco. Life at a fraction of the cost is an added advantage, while they enjoy a new, exotic culture so near yet so far from Europe's constraints.
With construction now well underway to finish the six King's Resorts, many buyers of real estate in Morocco are regarding now as a timely opportunity to enter Morocco's real estate market. Prices remain low in the run-up to 2010 when the government's plans will come into fruition an expected 10 million tourist arrivals per annum are due to propel today's emerging real estate market in Morocco to a more established one.
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