Azur plan aims to boost tourist numbers in morocco
A planned expansion of tourist numbers could send investor potential in Morocco through the roof
Morocco has become one of the world's leading emerging markets for investment property, which can still be snapped up on both the Atlantic and Mediterranean Coast can at low prices.
The Azur Plan comprises of the construction of six integrated resorts on carefully chosen beaches on the 3,500 km of littoral on the Mediterranean and the Atlantic.
Brainchild of HM King Mohammed VI, the Azur Plan aims to triple the number of tourists coming to Morocco each year from 2.2 million to ten million by 2010.
He is spending heavily on the plan to improving the tourist infrastructure and facilities of the country.
Aimed to attract lucrative high net worth individuals, all six of the new resorts will have access to an array of on site facilities and be fully furnished to European standards.
Such a drastic expansion could provide excellent opportunities for investors in the holiday lettings sector.
Real Estate TV presenter Jo Sinnott, who presents the Next Big Thing programme on sky, has also endorsed the country as a place to buy for the future. "There is massive property investment potential in Morocco," she said.
For a range of Moroccan properties for sale, visit www.themovechannel.com/property/Morocco/