Overseas property news - Egypt and morocco ‘profitable'

Egypt and morocco ‘profitable'

An expert has lavished praise on two of the world’s most exciting emerging markets…

In a recent interview, Real Estate TV Managing Director Mark Dodd commented: “From speaking to professional investors, developers, market analysts and also consumers it's clear that…Egypt and Morocco are continuing to make headway in terms of popularity and profitability in 2008.

“Boosting Egypt's prospects are the facts that the nation's security standards have improved, Egypt's economy is looking more robust, and winter sun tourism arrivals are increasing.

“Investors and buyers are also selecting freehold properties, which make for an even more sound investment choice. 

"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".

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