10th January 2008: Marrakech Property News
Marrakech is proving to be a highly popular market with overseas property investors, experts have revealed.
The city has become an alluring destination on the strength of its exotic surroundings, leisure attractions and shops.
The housing market in the area has been buoyant over the last few years, which means that buyers are likely to benefit from capital appreciation. Marrakech is highlighted as one location to have seen ''sustainable'' appreciation in recent years.
Property investors also received a boost from the news that during the last year, visitor numbers to Morocco have increased by 14 per cent.
According to official figures, the north African country is attracting millions of visitors from European countries such as France and Spain. In addition, Morocco was also found to be highly popular among people from the UK, Italy, Germany and the Netherlands.
The country's broad appeal means that the demand for holiday homes in Morocco is increasing, therefore creating new investment opportunities in the country.
The government has made tourism a major priority in the last few years, as it is highly lucrative for the economy.
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