Morocco Real Estate News

Morocco achieved remarkable progress in tourism by hosting 6.5 million tourists last year. The country is fast approaching the 2010 vision. This is an invincible feat considering the fact that only 4.5 million tourists visited Morocco in 2001. The economic reforms accelerate the growth of Morocco and the investors are allured to it.

Rob Shaw, Marketing and Operations Manager for Morocco Properties remarked that Marrakech, in Morocco has become the most sought after tourist spot. Its popularity soars high and the general infrastructure is undergoing changes. This reflects on premier developments which fulfills the 2010 vision of Morocco.

Marrakech has distinguished environment in tourism, business and culture. The arrival of overseas investors creates unprecedented price hikes on properties in Marrakech. Since Britain and Spain are very near demand for developments in Marrakech will be high.

The climate and quality based value of developments and the culture transform Morocco into a property hotspot to compete with Brazil and Turkey.

The introduction of Atlas Golf Resort in Marrakech by Morocco Properties Ltd is considered an achievement in this context. It is located 4km away from the city. It offers a wide range of apartments, villas etc., on the 18-hole golf course frontline. It has star hotels, sports and other facilities including an in-built market.

The apartments and hotels shaped in traditional Moroccan styles are set in immaculate landscapes with Atlas Mountains as backdrops.

Prices start at £62,500 for apartments and £208,000 for riads with 60% mortgages and feasible rental program.

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