Archive for May, 2009

Facts About Morocco

Wednesday, May 20th, 2009

Moroccan Property News. Morocco is a fantastic year round destination and one of the most stable economies in northern Africa. In 2008, the IMF reported that its economy would grow on average by 5.5% annually over the next 5 years, even during the global financial crisis. It has a warm Mediterranean climate ideal for year round tourism, 1000’s miles of unspoilt beach and a rich history / culture.

Morocco is firmly established in the minds of international tourists and attracts the more discerning type of international traveller. A secure real estate market using the European notary system, mortgages widely available to international buyers and attractive tax laws make Morocco the ideal emerging market for property investment. (more…)

Air Arabia opens its Moroccan hub

Tuesday, May 12th, 2009

Buying a Moroccan Property in Tangier

Real Estate News for Moroccan Property Buyers. Low-cost carrier Air Arabia opened its Moroccan hub on May 6 with its first flight going to London.

From Casablanca Airport the airline named Air Arabia Maroc, will also fly to selected destinations across Europe and North Africa.

Managing director Adel Ali said the carrier will offer value for money air travel.

Air Arabia’s chairman Sheikh Abdullah Bin Mohammed Al Thani added the service would significantly strengthen the airline’s market share.

“Air Arabia Maroc will reach the wider European, Middle Eastern and African markets, further expanding the strong presence and brand recognition Air Arabia already enjoys,” he said.

All routes will be serviced by two Airbus A320 aircraft.