Morocco grabbed UK Lifestyle buyers attention
Morocco has become a popular destination for lifestyle buyers from the UK, an expert has stated.
According to Currencies Direct, Morocco is an attractive option for expats and holiday home buyers. Mark O’Sullivan, spokesperson of Currencies Direct has commented that many of purchasers are buying homes in the country wish to live on a permanent basis. Morocco is said to be appealing because if offers high standards, high-quality housing and natural attractions such as good weather.
According to a study by Teletext Holidays, overseas investors who purchase property in Morocco will be able to enjoy low living costs. This may be one reason for the growing popularity of Morocco among property investors from UK.
UK-based newspaper the Telegraph said that good transport links and morocco’s emergence as world’s leading holiday destinations also had an impact in this trend. The publication also stated that house prices in Morocco have increased significantly in the last few years, partly because of its popularity as a holiday destination.
The increasing tourist trade bodes well for the country’s rental market and this has caused strong demand for homes in the most desirable areas. Moreover, the growing popularity as a holiday destination resulted in the establishment of new developments and leisure facilities, as well as the regular and affordable flights from the UK.
This follows a report in The Independent which stated that Morocco offers better weather than the UK, as well as affordable house prices.
Popularity: 19% [?]
