(What is this?)
Home > Morocco > Property > News : Morocco to be 'a hit' with foreigners in 2007
Not registered?  Join IPIN now FREE   |  Forgot password?

Morocco to be 'a hit' with foreigners in 2007

Article Date : Wednesday, March 14, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Morocco is set to be the top overseas summer hotspot this year, new research has revealed.

According to Rightmove, Morocco is one of the fastest-growing destinations for both property investors and holidaymakers.

Lush gardens, olive groves and palm trees, as well as medieval alleyways and vibrant market stalls, all make Morocco a favourite for tourists, which is why investors are starting to invest in property for renting.

The property firm found that flight bookings to Marrakech rose by 295 per cent last summer compared to the previous year.

"Flight fares to Morocco have dropped dramatically", commented spokesman Justin Figgins.

"This makes the destination a more attractive investment prospect for those looking to cast their nets further afield in search of a holiday home that is a little out of the ordinary."

Rightmove also revealed that average property prices in Morocco currently range between £100,000 and £125,000.

The Independent recently reported that a record number of Brits are buying property in Morocco and enjoying capital gains of at least 20 per cent a year.
Listing Separator

Related Articles

  1. Morocco attracts foreign visitors
  2. Budget airline to launch Morocco flights
  3. Morocco offers adventure to visitors
  4. Africa has "buzzing" property prospects
  5. CTC to Build Dh1b Pacific Project on Al Marjan



Listing Separator

Let us search for you Let Us find Property in Morocco for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Morocco.
Let us searchHelp me find property in Morocco


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Morocco
Channel: All

More RSS FeedsGo

Prices from only 169,000 EUR

Fantastic rental investment opportunity. Fully furnished villas with a 9 year rental guarantee starting at 7% per annum, with rental yields increasing by 2% every year! Personal usage also available.

View Investor Report >>

View News by ChannelView News by Channel

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo