Archive for June, 2008

Morocco announced efforts to address spike in property prices

A steep rise in housing prices has made the government announce efforts to arrest soaring prices, reports Magharebia.com
Finance Minister Salaheddine Mezouar on May 27th said that he aims to combat housing speculation and slow the rise in price per square meter. The real estate boom has led to a number of large and upmarket developments […]

Popularity: 28% [?]

Modernized Morocco provides safe investment opportunities

King Mohammed VI has called on expatriates to invest in Moroccan properties speaking at Fundamentals of Investment conference in Skhirat, it has been reported.
The Weekly Blitz has reported that the monarch wants to “remove all obstacles to the promotion of investment” in property for sale in Morocco.
Research released at this year’s International Conference on Investment […]

Popularity: 32% [?]

The value of the Moroccan currency attract Americans

Forbes.com recommended Morocco in a list of potential holiday options for leisure travelers affected by the weak US dollar.
Leisure travelers from the US have found that trips to the European country are more costly, as their money will not go as far as it has done in the past. Bob Atkinson, travel product manager at […]

Popularity: 34% [?]

Morocco set to attract German tourists

Magharebia Arabe Press has reported that Moroccan tourist officials are keen to expand further into the German market and attract more visitors. The country’s emergence as a popular holiday destination in recent times may potentially encourage people to purchase property in Morocco.
Tourism minister Mohamed Boussaid in a travel trade show in Berlin has said that […]

Popularity: 25% [?]

Morocco offers dazzling opportunities to surfers

Surfline.com has highlighted Morocco as a good destination for keen surfers with a peak surfing season spanning from October to April. The website has stated that whereas at this time in Europe, it is affected by the brunt of Atlantic cold fronts, freezing water temperatures and windstorms. The easy accessibility, mild waves, superb point breaks, […]

Popularity: 24% [?]

Morocco’s holiday sector in healthy state

Tourism minister Mohamed Boussaid has predicted that Morocco’s tourism industry is likely to see further growth this year and the holiday sector is currently in a very healthy state, reports Reuters.
According to official statistics, Morocco attracted 7.4 million tourists in 2007. The booming Morocco’s tourist sector is a positive development for the government, as it […]

Popularity: 23% [?]

European influences differs Morocco from Africa

The Chicago Tribune has recently reported that Morocco differed from other African nations because of its unique cultural identity and rich history and it has absorbed a variety of influences due to its close proximity to Europe.
The publication has stated that the easy accessibility to Morocco from mainland Europe and its other attractions such as […]

Popularity: 26% [?]

Morocco’s resilient economy spurs property investment

Morocco’s economy has become unperturbed to outside events and its economic growth is set to continue in the near future, experts have predicted.
Moody’s Investors Service annual report into the Moroccan economy has revealed that Moroccan economy is booming and property development is taking hold in a big way. The government’s plans to create more jobs, […]

Popularity: 23% [?]

Advanced telecom project will make Morocco a more attractive investment destination

Morocco’s telecommunications network is one of the most advanced in Africa. The news of impending end of a new undersea broadband fiber optic cable work to France may encourage people to buy property in Morocco, as an advanced telecommunications system could enhance its appeal to foreign companies seeking an offshore base and property investors.
Abdeslam Ahizoune, […]

Popularity: 31% [?]

Morocco Property Investment is Recession Proof

Property experts believe Morocco enjoys economic growth despite the slump in the global marketplace and companies based in Morocco keep on enjoying robust earnings growth. This fact may also be of interest to those who are considering property buying in Morocco.
The related benchmark MASI index for the new stock exchange program improved 34 percent in […]

Popularity: 23% [?]