Buy-to-let investors pointed towards Morocco

People who plan to invest in a buy-to-let property overseas have been advised to consider purchasing in Morocco.

According to Fleewinter.com, the north African country currently has a growing tourism industry, which means that rental demand is very strong.

Therefore, owners of a buy-to-let property in popular tourism hotspots could be able to benefit from considerable rental returns.

However, the website has advised that if people wish to make the most of the potential the market currently offers, they should invest in a property near the sea.

Alisdair Luxmoore, spokesperson for Fleewinter.com, said: "If you want a return on your investment, in terms of tourists coming to stay in your place, then being by the coast is an enormous help."

He added that a property's rental potential could also be maximised if they buy in a place which is easy to reach, such as Marrakech.

According to official figures, more than seven million foreign leisure travellers visited Morocco in 2007.

 

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