Overseas. This North Africa country has displaced other leading investment hotspots such as Australia and Slovakia. No surprises as Morocco not only offers affordable house prices but has recently seen a democratisation of public life, education and health, and strengthening of basic infrastructure leading to both social and political stability.Investing in Morocco could potentially lead to high return and it offers great investment potential for overseas property buyers. Among the advantages of investing in Morocco, the low cost and the high quality of labour leads the way; closely accompanied by their policy of structural reforms which attract the interest of the investors.
Costa de la Luz in Spain and other beach areas have been overbuilt and are therefore over-priced. These escalated prices have lead investors to look to Morocco. It offers the same sunny weather, the same Mediterranean coast and is only 9 miles away in northern Morocco at sometimes 1/10 of the price.
As the property market in the UK shows no signs of improvng, investors can choose from a number of foreign destinations offering great returns.
2 comments:
Moroccan coastline makes an excellent investment opp especially for investors looking to rent out their home to holidaymakers. Some good websites to look for Moroccan property are:- http://www.moroccanventure.co.uk/ and http://www.moroccansands.com/
Morocco seems to be really popular now...
Is it true that Morocco is not affected by the credit crunch as much?
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