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Marrakech 'a popular location' for Moroccan property investment

Date : (News Section: Morocco)

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Marrakech 'a popular location' for Moroccan property investment

Many investors in the Moroccan real estate market have been focusing their attention on Marrakech.

According to Nik Kapur, senior consultant at M2Morocco, the city's popularity as a tourist destination and its continued growth have made it a target for those with money to spend on overseas property.

He highlighted improvements being made to transport links - including a new train station and airport terminal - noting there has been a "steady increase" in the number of travellers arriving in Marrakech.

Approximately three million passengers pass through the city's airport every year, with airlines such as easyJet, British Airways and Iberia servicing the destination.

Mr Kapur pointed out the holiday market is a lucrative one for real estate investors who have homes in Marrakech.

"The lack of hotel rooms in the city centre means that there is strong demand for short-term rentals and our investors are achieving healthy yields, as well as expected future capital growth," he asserted.
 


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Article by +Peter Mindenhall on behalf of Propertyshowrooms.com

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