Morocco recommended to investors-120708

Overseas property investors have been encouraged to consider buying a residence in Morocco.

According to Homes Overseas magazine, authorities in the north African country are looking at boosting its tourism sector.

In fact, the government is aiming to boost annual visitor numbers to more than ten million within the next two years.

The publication believes this could create a number of investment opportunities across Morocco during the intervening period, as new homes are being created and work to improve its infrastructure is being carried out.

As a result, many areas are becoming more desirable to both lifestyle buyers and those who could benefit from investing in the country.

Homes Overseas said this is pushing up property values in Morocco, adding that this trend is likely to continue.

The publication remarked: "Expect prices to appreciate significantly over the next few years."

Morocco attracted a record number of people last year, as about 7.4 million tourists chose to visit places such as Marrakesh and Tangier.