Morocco Real Estate News

Morocco’s emergence as a hot property destination for overseas property investors was massively stunted by its booming economy with masses of growth potential. After an economic growth of 5.6% last year, it is on track for a GDP growth of 5.3% this year, on the back of a bumper harvest, which boosted farm incomes and [...]

Popularity: 15% [?]

Moroccan government has plans to attract further investors from the Spanish region of Catalonia, and reinforcing the North African country’s presence in this region, according to official reports.
Mohamed Cheikh Biadillah, The Speaker of House of Advisors in the Moroccan parliament, who met with visiting Mayor of Barcelona, Jordi Hereu, underlined the importance of reinforcing bilateral [...]

Popularity: 19% [?]

The first conference on investment opportunities in Morocco is opened in London with the participation of a large Moroccan Ministerial delegation.
According to MAP news agency reports, The London conference, titled “the annual conference on investment in Morocco 2009: opportunities for growth and progress”, is initiated by the Moroccan embassy in London and the Lord Mayor [...]

Popularity: 18% [?]

Morocco’s emergence as a hot property destination for foreign investors is extremely stunted by the credit crunch but its economy has remained strong with masses of growth potential.
A number of trusted organizations including the African Development Bank and the International Monetary Fund have predicted that the Moroccan economy with growth of over 5% this year. [...]

Popularity: 40% [?]

The construction works of $750 million-residential and tourist complex Bab Al Bahr which will be built on the banks of Rabat’s Bouregrag river was officially launched.
The foundation stone was laid by General Shaikh Mohammad Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Prince Moulay [...]

Popularity: 38% [?]

For the first time since 1958, Morocco makes its entry into the prestigious line up of international motor sport events, “Race of Morocco”, which runs from 1-3 May 2009.
Marrakech becomes the only round of the FIA World Touring Car Championship (FIA WTCC) to be held in Africa and the Arab World. The circuit is designed [...]

Popularity: 34% [?]

As the economic recession grips the EUI, rising property prices, expats who want to dodge the money trap of the eurozone are laying down their bags further afield.
According to Chintan Mahida, a spokesperson for property firm Nubricks .com, Morocco is now considered as a safe bet among homemakers. Apartments, duplexes and villas available with private [...]

Popularity: 36% [?]

The continuing increase in tourist activity has resulted in a number of new developments taking place in Morocco and it is due to get a new gaming and mixed-use development in the popular holiday city of Ouarzazate in the middle of the country near the Atlas Mountains.
Ouarzazate is in central Morocco and by all standards [...]

Popularity: 25% [?]

Morocco’s banks vowed to keep credits flowing to maintain the country’s economic growth in the midst of global financial crisis, according to reports.
Morocco’s Banks Professional Grouping (GPBM) has said that banks in morocco continue to finance big infrastructure projects, small and medium enterprises, productive investment projects, real estate and social housing. Spokesperson of the association [...]

Popularity: 20% [?]

The sales results of Moroccan real estate developer Addoha’s are in line with expectations, according to a news story.
Addoha told Le Matin newspaper that company has sales commitment covering nearly 24,000 housing units over the next 18 months, a number which totals 8.2 billion dirhams ($1.02 billion) in secured revenue. Addoha Chairman Anas Sefrioui commented: [...]

Popularity: 23% [?]