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MOROCCO OFFERS INVESTMENT POTENTIAL

Wednesday, 02 Apr 2008


Global economic problems are not inhibiting growth in Morocco, according to a media outlet.

Morocco offers investment potential Forbes stated that the north African country is currently attracting high levels of foreign direct investment as a result of its strong fiscal performance.

The continuing growth in Morocco's gross domestic product was highlighted as one of its main attributes, along with its low rate of inflation.

This was said to have resulted in greater personal wealth for local people, which has in turn led to strong demand for good-quality properties.

As a result, Forbes believes that Morocco could be a good market for foreign property investors, as it is not being negatively affected by the worldwide slowdown.

The news provider commented: "Although the worldwide real estate market is softening as credit reservoirs dry, some spots are poised for growth."

According to Magharebia, property values in Morocco have risen "dramatically" in recent years 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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