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Morocco gathers pace in 2008 - 14 January 2008
Moroccan resort properties are expected to increase by 30 per cent in value during 2008, as leading industry experts clamour to put it at the top of their lists of top destination picks for 2008.
Increasing interest in Morocco from foreign investors is understandable, not just for alluring, government supported property market but for its strong tourism industry and the ever escalating accommodation requirements it provides. Commonplace capital growth estimates for Morocco lie anywhere between 15 per cent and 30 per cent, making it one of today’s world leading emerging markets.
Considering the many attributes that feature with many resort properties, including: bank guarantees, 18-hole golf courses and rental and management services, along with the familiar inclusion of bars, restaurants and supermarkets, gym and fitness centres and pools, it’s no wonder that Morocco is causing a commotion.
In addition to the obvious attractions on the resort developments themselves, the low-cost airline industry has also seen the potential in Morocco, and over the next few years will be introducing further flights and destinations. The predictions are that there will be over 20 different budget routes into Morocco by the time most of the new developments are completed.
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