About Morocco
The growth of Morocco as a tourist destination in the past few years has been rapid, and it is clear to see why. Its Mediterranean coastline offers unspoilt, golden beaches and inland, verdant valleys lie between snow-capped mountains, with vast and beautiful desert taking hold in the South of the country. It is a nation as diverse culturally as it is geographically: sitting on the northwest corner of Africa, Morocco is a meeting point of European, African and Arab cultures, with fascinating customs and traditions and a unique heritage.
The tourist boom in Morocco is only just beginning, and the economic benefits to the country mean that tourism is welcomed both by the government and the locals. The government has developed an initiative to increase the number of foreign visitors from 2million to 10million annually by 2010, and this has involved the building of hundreds of new hotels, as well as major infrastructure developments, including over 1000km of new roads. All of this investment and development is continuing, and already Morocco’s image has changed from a destination strictly for seasoned travellers, to one for casual holiday-makers as well.
This rapid expansion of the tourist sector, which includes proposals for new golf and spa resorts as well as the opening of a new airport in Tangiers, means that property prices are set to boom. Whilst prices are still low by Mediterranean standards, capital appreciation is currently at levels around 15% annually, and this looks to be the beginning of a steep growth curve. Off Plan Property World can help its clients to gain from this growth by sourcing prime properties at highly attractive prices. |
