Two thumbs up for morocco

Morocco has consolidated its position as one of the world’s top emerging hotspots…

According to a survey conducted by property investment magazine Jet-to-Let, Morocco is the sixth most popular country for prospective foreign property investors in 2008. This is a drop of two places from 2007’s survey, but being in the top 10 for two years running is still a laudable achievement for Morocco

In order to provide an up-to-date snapshot of investor intentions in 2008, Jet-to-Let magazine surveyed 1000 new readers who recently subscribed to their free quarterly investment magazine.

The results, which provide an interesting comparison with a similar survey conducted last year, show that investor interest is continuing to shift away from the UK buy-to-let market and towards foreign investment opportunities.

Dominic Farrell, editor of Jet-to-Let magazine ““We have seen a significant increase in investing in overseas property since the beginning of 2008, which reflects an ongoing ‘substitution’ away from UK, Irish and US property, as well as equities and other financial products. A well-selected, cashflow-positive property in a country with a sound legal framework and economy will always beat alternative investments hands down.”

The Jet-to-Let 2008 top 10 survey results are:

1. Cyprus
2. France
3. Spain
4. Germany
5. USA
6. Morocco
7. Italy
8. United Arab Emirates
9. Turkey
10. Brazil

The top 10 in 2007 were:

1. Cyprus
2. Spain
3. France
4. Morocco
5. Portugal
6. Bulgaria
7. USA
8. Germany
9. Turkey
10. Poland