Archive for August, 2010

Moroccan resort tops the list of best-value destinations

Individuals with property in Morocco may be pleased to hear that Moroccan resorts top the list of best-value destinations in 35 countries across the globe.
International estate agency group Savills has published a list of best-value destinations and the data is derived from the company’s sales figures so are tilted towards the top-end of the market [...]

August 27th, 2010 | Posted in infrastructure, resorts | 1 Comment

Government reinstated affordable housing incentives in its 2010 budget

Morocco has made impressive headway as it had reinstated affordable housing incentives in its 2010 budget after a building slowdown caused by the global recession and the removal of a tax break for low-income housing developers in 2008. Morocco’s total affordable housing shortage is estimated at 1.2m homes, which is expected to increase by 125,000 [...]

August 25th, 2010 | Posted in Uncategorized | No Comments

Morocco aims for 10% increase in tourist arrivals this year

Tourism Minister Yassir Zenagui said that Morocco’s tourism receipts increased by 12 per cent in the first quarter of this year. The minister told the Dubai-based TV channel Al Arabiya that the rise in tourism receipts was the because of the quality of Moroccan hotels services and products.
In order to seize the opportunity to lure [...]

August 12th, 2010 | Posted in Holiday Property, Travel | No Comments

Morocco has diversified economy and a clear trade policy

French State Secretary for European Affairs Pierre Lellouche said that Morocco is a hub of stability and development in a problem-laden region. The Moroccan housing sector is benefiting from the fact it managed to escape the worst of the global economic crisis as high demand from investors and second home buyers boosts its profile.
Lellouche told [...]

August 7th, 2010 | Posted in Latest News, economy | No Comments