Archive for the 'Latest News' Category

Robust property market boost economic growth in Morocco

Increase in property sales and construction activity has driven Strong economic growth in Morocco over the past decade, Reuter’s reports.
According to Morocco’s central bank, the annual growth of property prices in the country nearly doubled during the third quarter of this year. Bank Al-Maghrib said in a note that the price index rose 2.4 per [...]

Demand from domestic population holding up the housing market

The housing market in morocco is struggling due to the global financial crises, political turmoil in the region and the cafe bombing However Demand among the domestic population in Morocco will help to boost the country’s housing market.
According to research by the property company CB Richard Ellis, the abundance of new developments, many as large [...]

Luxury property market in Morocco offers strongest growth

Prime sites located just on the outskirts of Marrakesh are emerging as one of the more fancied investment destinations for individuals keen to expand their international property portfolios, it has been suggested.
According to Overseas Property Professional reports, the strongest growth in the country’s real estate sector is within the top end of the market which [...]

Morocco’s riad market soars in 2010

Property buyers are cashing in on the Moroccan market’s love-affair with the Riad and the sudden influx of big name brands is only serving to increase business. with the government spending heavily on the tourist infrastructure aiming to receive 10 million visitors per year by 2010, Morocco became known as one of the hottest emerging [...]

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 [...]

Morocco committed to promote the business climate and FDI

The Food Agriculture Organization (FAO) will provide technical support to Morocco’s forest preservation programme and it also agreed to cooperate in agriculture and fisheries.
For this purpose, the two parties had also signed an agreement worth USD 994,000 Morocco’s forest preservation programme which covers a period of four years (2010-2014). They also signed [...]

Morocco could see growth in the adventure travel sector

The revenue generated by Morocco’s tourist industry is increasing and the country could see a rise in the number of tourists visiting the destination this year, it has been suggested.
According to Travelzest’s Best of Morocco, the country is the ideal spot for individuals who are looking to go on a budget break, with places like [...]

The Moroccan investment development agency has opened an office in Spain

The Moroccan investment development agency has opened an office in Madrid to encourage Spanish businessmen to invest in Morocco.
Fathallah Sijelmassi, the director of the agency said that the opening of the office aims at proximity, that is to say getting closer to the Spanish business arena. Recalling that over 1000 companies are currently based in [...]

Morocco low-risk property market enjoys high demand

An overseas property expert has said that Morocco’s stable economy makes the country an interesting prospect for property investment.
According to Middle Eastern media and technology Group Al Bawaba, international property agent Knight Frank has claimed that Morocco offers a low-risk environment for property investment. The Moroccan property market is benefiting from the fact it managed [...]

Tourism could boost Moroccan rental market in 2010

Plans by the Moroccan government to boost the country’s tourism industry could have a positive effect on its rental market, reports Reuters.
The North African country’s holiday sector is currently in a very healthy state. The number of arrivals kept growing last year despite the global economic downturn, with an increase of 6 percent. Public works [...]