Archive for May, 2008

Moroccan real estate market prosperous with 20% gains per year

According to the Telegraph, People who are considering purchasing property for sale overseas have been advised to look at Morocco as houses in Morocco are much cheaper than those in nearby Mediterranean nations.
Property investors are benefiting from high rate of capital appreciation, as current economic problems across the world are not inhibiting its economic growth. [...]

Morocco attracts Gap-year university students

Wessex Scene has recommended Morocco as a good destination for gap-year university students to visit as it described the African country as a multi-cultural nation that offered diverse attractions.
The Kilkenny Advertiser recently stated that booking a trip to Morocco could help lift the sagging spirits as it would give them something to look forward to. [...]

Amlak Finance in Morocco gives more choices in home finance

Amlak Finance, the first property financing company in the UAE, announced in May 2007 that it has sent a delegation to Morocco to initiate discussions about budding expansion plans. Amlak has seized the opportunity to take advantage of on the growth of foreign investments in Morocco. Amlak Finance’s delegation held discussions for their expansion plans [...]

Tamuda Bay is an excellent alternative to Spanish costas

Tamuda Bay on the Mediterranean side of Northern Morocco is an attractive alternative to the crowded Spanish costas, it has been claimed. This stretch of Tetouanaise coastline already draws vast number of tourists who come here to enjoy the sunshine.
Tamuda Bay stretches out over 50 hectares and has a range of hotel infrastructures and is [...]

Foreign investments in real estate in Morocco hits an all time high

As more and more overseas investors are choosing to buy property for sale in Morocco, Foreign investments in real estate in Morocco have catapulted to 7 billion Moroccan Dirhams in 2007. State MAP news agency has reported that from 245 million dollars in 2002 it has reached 0.91 billion U.S. dollars last year.
Housing Minister Ahmed [...]

Morocco properties are cheapest of Mediterranean nations

Property experts have predicted that Investors who purchase property for sale in Morocco could collect considerable returns with cheaper investment when comparing other countries. Recently Telegraph has reported that properties in Morocco are much cheaper than those in neighboring Mediterranean nations. Purchasing a Property in Spain could cost about three times as much as a [...]

Morocco airlines receives top honour by IATA

The news provider Panapress has reported that Atlas Blue, a subsidiary of Royal Air Maroc, was awarded a certificate by the International Air Transport Association. This was awarded in appreciation of the low-cost carrier’s high safety standards and the superiority of its overall operations.
Royal Air Maroc presently runs services to 70 destinations across the world. [...]

British taking 3-day holiday favor Morocco

According to a recent study, 73 % of the British spend their holidays abroad and that comes to nearly 36 million people. Two thirds of those who holiday abroad, or plan to do so, typically take their holidays in the summer; one in ten go on for a holiday in winter and one in four [...]

Morocco EU talks boost foreign investment

Morocco’s Foreign Minister Taieb Fassi-Fihri said at a conference on EU Mediterranean rim cooperation that negotiations on an advanced status for Morocco will open with the European Union in this spring. This was clearly supported by The EU Commissioner for External Relations and European Neighbourhood Policy, Benita Ferrero-Waldner.
Moroccan government feels that progress towards an advanced [...]