Increase in Transport means Tourism, Says Financial Post
Overseas property investors in Morocco will gain a higher rate of capital appreciation, says the newspaper Financial Post. The Newspaper revealed its positive outlook in one of its recent column. It has stated that house prices in certain tourist spots in Morocco have gone up to 50 percent last year.
It is true that Morocco’s economy has increased by 8.1 per cent during 2006. In 2005 it was only 2.4 per cent. If this progress is allowed to continue, the properties in Morocco will yield more money, for the property investors will naturally put more money into these investments in order to get a better margin out of it.
If the above speculation is to be materialized transportation facilities to Marrakech are to be upgraded. Or else the anticipation will be thwarted.
With this assumption, the newspaper suggests, a new airport terminal has to be constructed in the Marrakech airport. Such a move from the government will enhance the passenger capacity of the airport so that there will be an increase in the overseas tourists to Morocco.
The suggestion of the newspaper shall be viewed and assessed in the context of the report of Moroccan government that 6.3 million tourists have visited Morocco during the period from January 2007 to October 2007.
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