Why invest in Morocco?
‘Marrakech is to Morocco what Dubai is to the UAE’
Off-plan properties bought 4 years ago in the UAE for £60,000/€87,700 are now worth in excess of £140,000/€203,000.
Highlighting the huge development prospects in Morocco, the UAE’s largest property developer Emaar has stated they are to strengthen their position in this new market place, investing over AED23.5 billion (£3.3billion/?4.7billion) into Morocco and opening headquarters in Marrakech.
Morocco investment facts (download Morocco Research Document)
- Large Scale government investment to develop the tourism market as part of the Plan Azur; 2010 Vision.
- Rapidly improving infrastructure and transport network.
- Fast Growing Tourism market, attracting 6.5 million foreign tourists in 2006 (12% increase).
- Politically stable, with a liberal, forward thinking leader intent on modernising the country
- Strong economy with 7.6 % GDP growth in 2006
- 25% capital gain in 2006
- Stable currency pegged to the €uro
- Low Inflation of 2.0% in 2006.
- Attracted just under $3bilion (£1.65 billion)Foreign Direct Investment in 2005
- Large scale investment from UAE developers
- Named number 1 at this year's Arabian Hotel Investment Conference (AHIC) for ‘the potential to be the next Spain’ in terms of tourism development and revenue.
- Mediterranean climate – hot summers, mild winters
- Low Cost of living.
Find out more about Morocco Property Market
Developments available; Atlas Golf Resort, Marrakech
Register for Morocco Property details
