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Morocco offers strong rental market

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Foreign property investors who are seeking a lucrative buy-to-let investment could find Morocco a suitable location, according to industry experts.

NuBricks.com said the tourism sector in the north African country is "on the up" and has witnessed some "impressive growth" in recent years.

This was largely attributed to efforts by the government to boost the desirability of the nation to foreign leisure travellers.

Authorities have recently pumped money into new buildings, leisure facilities and infrastructure upgrades in order to make Morocco more appealing to holidaymakers.

However, this is also leading to additional interest among foreign property investors, many of whom believe the strong tourist trade is creating strong rental potential.

NuBricks.com remarked: "Overseas property investors will not be short of reasons why Moroccan property is a smart buy and a sound addition to their real estate portfolios."

This comes after the Foreign Property Buyer website said that the government's plan to increase the number of visitors to Morocco over the next two years "bodes well" for its rental market.


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