Property Investment Recommended for Morocco as capital growth is set to soar
23.05.2008 16:22:46 Morocco is quickly becoming an investment property hotspot, with great potential for capital gains of around 20 - 30%.
(live-PR.com) - Morocco is considered to have a wealth of untapped property investment potential, according to property investors abroad.
According to the property analyst Fouad Akalay, many foreign buyers could collect good returns in the North African country.When he spoke to the Telegraph last week he explained how Morocco's growing popularity as a holiday destination is fuelling a property boom in many areas, especially in Marrakesh.The beautiful colours and exotic nature of the country are becoming extremely attractive to second home buyers property investors overseas.Akalay commented that "Early investors should expect capital growth of around 20 to 30% for the next several years."He also added that a property investment in Morocco can be safe, secure and free of any hassle.King Mohammed VII has already expressed a desire to increase the annual visitor numbers from 7.4 million last year to 10 million in 2010. As a result, NuWireInvestor has recommended prospective investors consider entering the market before it peaks, as the rising demand is likely to push up property values, where they are currently much lower than the UK.
Author:Jennifer Wallace
(live-PR.com) - Morocco is considered to have a wealth of untapped property investment potential, according to property investors abroad.
According to the property analyst Fouad Akalay, many foreign buyers could collect good returns in the North African country.When he spoke to the Telegraph last week he explained how Morocco's growing popularity as a holiday destination is fuelling a property boom in many areas, especially in Marrakesh.The beautiful colours and exotic nature of the country are becoming extremely attractive to second home buyers property investors overseas.Akalay commented that "Early investors should expect capital growth of around 20 to 30% for the next several years."He also added that a property investment in Morocco can be safe, secure and free of any hassle.King Mohammed VII has already expressed a desire to increase the annual visitor numbers from 7.4 million last year to 10 million in 2010. As a result, NuWireInvestor has recommended prospective investors consider entering the market before it peaks, as the rising demand is likely to push up property values, where they are currently much lower than the UK.
Author:Jennifer Wallace
Aucun commentaire:
Enregistrer un commentaire