Overseas property news - Movie magic in morocco

Movie magic in morocco

Investors and holidaymakers are not the only people benefiting from Morocco’s diversification…

Long before the King of Morocco ratified the Vision 2010 national development plan to help diversify the economy and bring foreign investment, Morocco was a popular destination for international film producers.

Films such as Ridley Scott’s ‘Gladiator’ and ‘The Kingdom of Heaven’ have recently been shot there and Morocco’s now so famous as a film set that it has a series of internationally acclaimed film festivals annually such as the Mediterranean Short Film Festival in Tangier and the Trans-Sahara Film Festival in Zagora, which both take place in June.

Naturally, now that the King of Morocco’s ambitious plans for economic diversification are coming to fruition as laid out and detailed in Vision 2010, the film industry is one to benefit even more from the new policies and legislation that have brought about greater business transparency in a successful bid to attract significant and sustainable levels of foreign direct investment.

Popular for property investment

One of the latest productions to benefit was the BBC’s ‘The Passion.’ Speaking in an interview with The Sun specifically about the filming experience, actor James Nesbitt who played Pontius Pilate remarked that: “from the bustle of Marrakech’s colourful souks to the vast beauty of the Atlas Mountains, it is surprisingly different from anywhere in Europe” – despite being only a short three hour hop away from the UK!

And the film industry is certainly not the only one to benefit from Vision 2010 and the strong economic emergence of Morocco; forming strategically central roles in the national development plan are the tourism and real estate industries which is why Morocco has suddenly become such a popular place for property investment.

Internationally recognised

According to Steve Worboys, MD of Experience International: “Boutique-style development are being snatched up by investors well aware that demand will potentially push up values in the city where there have been predictions of 15% annual capital growth, but that as Vision 2010 comes to completion, Morocco will likely be internationally recognised as a superb place to live, work, invest and do business.”

For others, the appeal of Morocco is not just about its economic strength and fantastic investment landscape – it’s more about the beauty of the nation, the fabulous weather, the history, the magical cities and the people. This is why Morocco is such a popular choice with film producers, holiday-makers and now second home buyers alike.

Source: www.experience-international.com

© www.propertyo.com All Rights Reserved.24 Jacks Place, Shoreditch, London, E1 6NN.
Terms & Conditions | Privacy Policy