Morocco recommended to investors

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

According to the Global Property Guide, the housing market in the north African nation is likely to expand further over the next few years.

The website has attributed this to continuing growth in the Moroccan tourism sector, as authorities are actively aiming to attract more holidaymakers to the country.

In fact, the government has set itself the target of increasing annual visitor numbers to ten million by 2010 - up from 7.4 million last year.

The Global Property Guide believes this will have a profound impact on the housing market, as the influx of extra tourists will create the need for new leisure facilities and housing.

Furthermore, the demand for rental accommodation should also go up, thereby stimulating the country's buy-to-let sector.

"Tourism almost invariably brings increased interest in buying in the country," the website commented.