Morocco 'causing a commotion'

Moroccan resort properties are expected to increase by 30% in value during 2008…

A spokesperson for David Stanley Redfern Ltd explained whhy this may be the case: "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% and 30%, 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/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".

Exceptional climate

In a recent interview, Real Estate TV Managing Director Mark Dodd also praised Morocco's investment potential: â€œFrom speaking to professional investors, developers, market analysts and also consumers it's clear that Morocco is continuing to make headway in terms of popularity and profitability in 2008.

"In favour of Morocco are the facts that it has an exceptional climate, it is affordably and easily accessible from the UK, and it is enjoying massive investment from wealthy UAE based developers".