Morocco are likely to be boosted by growth in the country's tourism sector..." /> Morocco are likely to be boosted by growth in the country's tourism sector..." />
 (What is this?)
Home > Morocco > Property > News : Tourism set to drive up Moroccos house prices-100708
Not registered?  Join IPIN now FREE   |  Forgot password?

Tourism set to drive up Moroccos house prices-100708

Article Date : Thursday, July 10, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

House prices in Morocco are likely to be boosted by growth in the country's tourism sector, according to analysts.

The Global Property Guide stated that the Moroccan government wants to attract 10 million visitors a year by 2010.

As part of this plan, new accommodation for holidaymakers is being created, while authorities are also opening up extra routes for airlines.

The website believes that this could have a knock-on effect on the country's house prices, as these developments could heighten interest in certain areas.

In particular, it is predicting a surge of interest among overseas property buyers, to the point where the market could become more popular than some European countries.

The Global Property Guide commented: "It is difficult not to suspect that Morocco’s success in attracting both summering and settling Europeans will eventually outpace that of Turkey."

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


Article provided by Ready2invest.co.uk.
Read the full article here >>

DISCLAIMER: The opinions expressed here are the views of the author of this news item and do not necessarily reflect the views and opinions of Propertyshowrooms.com.
Listing Separator

Related Articles

  1. CTC to Build Dh1b Pacific Project on Al Marjan
  2. Moroccan market surges ahead for micro finance
  3. Morocco praised by broadcaster
  4. Morocco is an elite property market
  5. Morocco praised by broadcaster



Listing Separator

Let us search for you Let Us find Property in Morocco for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Morocco.


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Morocco
Channel: All

More RSS FeedsGo

Prices from only 169,000 EUR

Fantastic rental investment opportunity. Fully furnished villas with a 9 year rental guarantee starting at 7% per annum, with rental yields increasing by 2% every year! Personal usage also available.

View Investor Report >>

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo