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MOROCCAN HOUSE PRICES SET TO KEEP GROWING

Tuesday, 25 Mar 2008


Overseas property investors have been advised about the potential for capital growth in Morocco.

Moroccan house prices set to keep growing According to Home Move, house prices in the country are rising at an ever-increasing rate every year.

This trend of upwards growth is set to continue as Morocco becomes more popular, making it a potentially lucrative investment market for foreign buyers.

However, Home Move stated that rate of increase could be less dramatic in future years because the country will be more firmly ensconced in the mainstream.

This means that people who choose to buy a property in Morocco early could benefit from greater levels of capital appreciation.

Furthermore, the growing popularity of the country could enable investors to sell their property on at a higher price, particularly if it is in a highly desirable location.

Home Move commented: "The market in Morocco is still considered to be one of the strongest investment options around the globe."

According to Magharebia, property values in the country have risen "dramatically" as a result of demand outstripping supply.

Property Select offers a comprehensive selection of overseas property in Morocco, news, members club and reviews of the latest property developments.


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