Morocco Real Estate News

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: 23% [?]

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: 25% [?]

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: 18% [?]

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: 14% [?]

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: 17% [?]

Owners of rental accommodation in Morocco could be set to benefit from an influx of German holidaymakers as Tourist authorities in Morocco have announced plans to increase the amount of visitors.
Tourism minister Mohamed Boussaid Speaking at a travel trade show in Berlin said that Moroccan government is keen to expand further into the German market [...]

Popularity: 11% [?]

Moroccan is expected to welcome more foreign visitors this month as it is recommended as an adventurous romantic destination with St Valentine’s Day fast-approaching by a luxury tour operator.
According to Cadogan, Morocco is a country of great diversity and exquisite beauty with a rich cultural heritage, making it a popular tourist destination. They have also [...]

Popularity: 10% [?]

Holidaymakers from the UK have been encouraged to visit the Moroccan coastal resort of Essaouira.
According to the Guardian, many British holidaymakers are expected to shun traditionally popular destinations within the eurozone in favor of more affordable alternatives. The publication has chosen Essaouira as one of its top 20 non-Euro zone destinations for 2009, claiming that [...]

Popularity: 10% [?]

Morocco has emerged as one of the property hotspots for investment among members of the online overseas property community, according to a media outlet.
Recently propertywire.com carried out a review of several leading property forums and found Morocco to be one of the most mentioned countries, along with Brazil. The website also cited a recent survey [...]

Popularity: 14% [?]

The housing market in Morocco is expected to remain healthy despite the financial crisis around the world as a government official said foreign companies will continue to invest in Morocco next year.
Mohammed Aref Hassani, acting director of Invest in Morocco, told Reuters recently that the North African nation remains an attractive proposition for international investors [...]

Popularity: 13% [?]