Archive for the 'market trends' 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 [...]

Indicators again showing healthy growth in Moroccan property sector

Moroccan property market is benefiting from the fact it is emerging as property hot spot as high demand from investors, both local and international boosts its profile.
There is an growing number of opportunities for investors in the real estate sector with rental values in the main cities are continuing to rise. Individuals looking [...]

Properties in coastal villages of Morocco has growth potential

Many investors in Moroccan property market are choosing to look away from established holiday resorts and are starting to look away from the highly developed tourist spots and consider purchasing in nearby villages.

The vast majority of tourists and residents come to Morocco to relax on the beaches and in the coastal resorts. The fabulous climate [...]

Moroccan properties reap 20 percent gain in 2010

The demographics of Morocco’s property market could be changing as more people are attracted by the prospect of second homes in the sun as houses in Morocco are much cheaper than those in nearby Mediterranean nations.
According to the Independent, Property buyers are benefiting from high rate of capital appreciation, as current economic crisis is [...]

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 [...]

Government investment plans boost property sector

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 [...]

Morocco is shielded from the full effect of the global credit crisis

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 said [...]

Moroccan real estate developer Addoha’s sales are in line

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: [...]

Morocco popular with online overseas property community

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 [...]