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% [?]

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 [...]

Popularity: 19% [?]

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% [?]

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: 20% [?]

Overseas property buyers have been encouraged to consider purchasing a residence in the capital city of Morocco.
The city Rabat was praised at the WaterfrontExpo conference in Liverpool, property experts described it as an “incredibly attractive” city in which to invest. Peter Sheard, senior associate at architecture and design consultancy Gensler, described Rabat as an incredibly [...]

Popularity: 23% [?]

People who are thinking of buying a foreign property have been advised that investing in Morocco could be highly profitable.
Middle East developers regard North Africa and Morocco in particular, is remarkably immune from the economic challenges facing many other countries around the world. Many upmarket developments are being created in areas such as Tangier [...]

Popularity: 21% [?]

Those considering buying property in Morocco could be interested to hear the high mortgage maturities and low interest rates which suggest the North African nation is in a period of affluence.
According to recent reports from Morocco’s Central Bank, the amount of mortgage loans outstanding increased by a whopping 47% through June, to 125.9 billion dirhams [...]

Popularity: 26% [?]

Officials in Turkey have revealed that the country’s economy is growing at an increased rate and predicted that this will continue in the next four years.
Finance minister Salaheddine Mezouar stated that the economy is likely to grow by 6.3% on an annual basis till 2012, reports Reuters. The government has implemented numerous economic reforms to [...]

Popularity: 23% [?]

Overseas property buyers are increasingly choosing to snap up properties in the Moroccan resort of Essaouira, a media outlet has revealed.
According to fleewinter.com, the city has become the location of choice for holiday home buyers because this small town South of Casablanca has been a beach destination among Moroccans for several decades. Alisdair Luxmoore, director [...]

Popularity: 23% [?]

Moroccan government has invested Millions of pounds in a new scheme to attract more visitors to Morocco, a media outlet has stated.
According to Magharebia.com, approximately £7.3 million is being spent on creating new recreational facilities and tourist accommodations across the south of the country. The government is aiming to attract holidaymakers by investing in infrastructure [...]

Popularity: 17% [?]