Investors Choose Morocco for Overseas Property
Early investors in Morocco’s property market are seeing the value of their homes continuing to rise steadily. First-time buyers – some of whom are unable to afford a property in the UK – are among those feeling the benefit of getting in early, with the value of their investments increasing.
Comparable properties in Southern Spain are substantially higher than those in Morocco.
Enquiry levels have been boosted by the availability of low cost direct flights to Morocco from EasyJet and Ryanair. In contrast to the resorts taking shape on the coast, new developments in the Marrakech area are attracting buyers at the top end of the market, seeking exclusivity on smaller luxury developments.
Whilst the highest amount of those that invest in Morocco remains British, there has been an increase in other European countries investing, including Spain, Germany, Belgium, Norway and Sweden.
Morocco Property News