Investors pointed towards Morocco

Morocco has been flagged up as a potentially lucrative location for foreign property buyers to consider.

Homes Overseas magazine stated that efforts to boost the country's tourism sector are having leading to growth in its housing market.

This is because money is being spent on new homes and infrastructure improvements, thereby enhancing the desirability of many areas.

Furthermore, the likely influx of extra visitors could lead to much greater demand for rental accommodation in Morocco, creating more wealth-generating opportunities for property owners.

As a result, house prices are going upwards and are likely to keep doing so, which means investors could enjoy considerable capital growth.

Homes Overseas commented: "Expect property prices to appreciate significantly over the next few years."

The government in Morocco has set itself the target of increasing annual visitor numbers to ten million by 2010 - up from 7.4 million last year.