REAL ESTATE DEVELOPMENT PROJECTS MARRAKECH

Morocco is fast becoming ‘the’ investment hotspot for European investors. It’s proximity to Europe along with a moderate modern democracy is causing a stir in the most tame investor circles....

Coupled with this Morocco is the gateway to Africa. This alone will boost the economy as countries with dealings in Africa set up their bases in Morocco. China has already purchased a heavy percentage of facilities in the port areas and the American presence is notable to say the least.

As Europe becomes too expensive on a competitive global scale, French speaking countries such as France and Belgium are outsourcing work to Morocco, in a similar way the UK and Ireland have ‘exported’ their lower level technological work to India and other English speaking countries with low labour rates.

Tourism is another factor that has investors’ pulses racing. With King Mohammed VI ‘plan azur’ on track to meet the target of 10 million visitors by the year 2010 now is the time to invest in the future potential of the country.

With all this activity the question is; where to invest?
 

Marrakech, a modern cultured city with nightlife to rival Europes top cities is a good bet. The demand for high quality residences by expatriates and locals alike is on the increase as buying power grows.

It is an undeniable fact that the local emerging middle class will in turn wish to upgrade their lifestyle and Western business people and expatriates demand a higher quality of living than what is currently available on the market.

Take a look at the investment possibilities here