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MOROCCAN TOURISM BOOSTING INVESTMENT POTENTIAL

Monday, 03 Mar 2008


Efforts to boost Morocco's tourist sector are having a positive impact on its investment potential, according to industry experts.

Moroccan tourism boosting investment potential Independent analysts at Amberlamb said the government initiative to attract more foreign visitors has raised awareness of the country among overseas property buyers.

The organisation stated that people were becoming aware that Morocco offers a number of strong fundamentals that would support any future investment.

For example, the government's commitment to boost tourism has resulted in a series of infrastructure improvements, the creation of new leisure facilities and is driving economic growth.

Amberlamb said this had created a "healthy environment" in which to invest in real estate.

In addition, it stated that the country was attracting "serious and increasing" levels of interest from property buyers in the UK.

According to official figures, 7.45 million holidaymakers visited Morocco in 2007.

This is 13 per cent higher than the figure recorded 12 months earlier and a sign that tourist accommodation is attracting increased levels of demand.

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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