Overseas property news - Morocco's tourist cash bonanza

Morocco's tourist cash bonanza

Millions of pounds are being invested in a new scheme to attract more visitors to Morocco…

Approximately £7.3 million is being spent on creating new leisure facilities and tourist accommodation across the south of the country, according to Magharebia.com.

These will form part of three brand new holiday resorts in Errachidia, Ouarzazate and Zagora.

The scheme was announced by Morocco's tourist minister Mohamed Boussaid, who commented: “It is likely to result in the creation of thousands of new jobs.

 "It may also lead to an increased number of overseas property investors considering Morocco as a good place in which to invest, as a growing tourist trade will lead to greater demand for rental accommodation’.

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