Marrakech Proven To Represent Outstanding Value
2nd August 2010
Moroccan Property News Marrakech
A new way of assessing the cost of holiday homes in different countries has been published in the Daily Telegraph, comparing the cost per square metre on a like-for-like basis in popular, easily accessible tourist destinations. This makes it easier to com... read more
Morocco Sees 6 Percent Tourism Growth In 2010
5th July 2010
Morocco Property News
Morocco expects 9.4 million tourists this year, 6 percent higher than in 2009 but slightly below a target of 10 million set before recessions hit its major markets, the tourism minister has said. Tourism is the biggest source of foreign currency for M... read more
Moroccan Economy Saved Itself From Crisis Says IMF
21st June 2010
Moroccan Property News
Morocco has suffered little from the global economic crisis due to an economy that is diversified and the rising information technology sector in the country, the International Monetary Fund Managing Director Dominique Strauss-Kahn said Wednesday. ''C... read more
Marrakech Golf Property: A Quick Guide
14th May 2010
Moroccan Golf Property News
Marrakech is a vibrant and charming city at the foot of the majestic Atlas Mountains and based around an ancient oasis. With 333 days of sunshine per year and very easy access from northern Europe it offers something for everyone and is already competing... read more
New Hotels Promised In Morocco
22nd April 2010
Marrakech Property News
In a boost to Morocco's burgeoning tourism market, the owner of the Ramada hotel group has announced that it plans to construct eight properties in the North African country. At the opening of the new Ramada Fes, Fawaz Majid Al Badr, the CEO of hotel owne... read more
Morocco Raised To Investment Grade
19th April 2010
Moroccan Property News
Morocco's foreign currency debt has been raised to ''Investment Grade'' by Standard & Poor's Ratings Services. Standard & Poor's has thus raised its long-term foreign currency sovereign credit rating on Morocco to 'BBB-' from 'BB+', and its long-term loca... read more
Morocco Exports Boosting Growth
15th April 2010
Property In Morocco News
Morocco's economy would grow this year by more than the 3.5 percent forecast by the government earlier mainly because of a strong recovery in exports and good cereals harvest, the industry and trade minister said in April 2010. ''We will record higher gro... read more
Tangier Gets An Overhaul
9th April 2010
Morocco Property For Sale
A project for an overhaul of the port in the city of Tangier is in the offing. The plan hopes to transform Tangier into a leading yachting marina in the Mediterranean. Many changes are expected to help return Tangier to a leading position among Mediterran... read more
Luxury Moroccan Property Holds It’s Value
2nd April 2010
Moroccan Property News
According to leading international agent Knight Frank, luxury and prime property in Morocco, particularly in the cosmopolitan city of Marrakech, is still in high demand from discerning professional investors and second home owners from around the globe, w... read more
Buying A Riad Property In Morocco: A Rough Guide
23rd March 2010
Marrakech Property News
Marrakech has always been a popular destination for discerning tourists - with 333 days of sunshine per year and very easy access from northern Europe it offers something for everyone. It is already competing alongside main stay European cities in the hig... read more
World Bank To Double Loans To Morocco To $2.4 Bln
19th February 2010
Marrakech Property News
The World Bank plans to double loans to Morocco to $2.4 billion by 2013 to support the country's efforts to continue its remarkable growth, Moroccan government and bank officials said on Tuesday. ''The World Bank will increase its loans to Morocco to $600... read more
IMF Says Moroccan Economy Strong
19th February 2010
Property In Marrakech News
The Executive Board of the International Monetary Fund (IMF) concluded a consultation with Morocco and discussed the country's economic developments and policies with officials. According to the IMF Consultation Statement, the country’s strong starting po... read more
New 1.7 billion dirham fund announced in Morocco
17th February 2010
Marrakech Riads For Sale News
On Wednesday 17th February a 1.7 billion dirham fund ($206m) was announced in Morocco to give a more competitive edge to the kingdom's key-industrial sectors. The fund, set up within the frame of the “National Pact for Industrial Emergence (PNEI)”, will b... read more
Edinburgh Announces New Flights To Marrakech
10th February 2010
Marrakech Property News
The director of Edinburgh airport has welcomed the news that Ryanair is to operate several new destinations from the capital, as part of expansion plans. Scotland will get its first direct link to Morocco with flights to Marrakech from Edinburgh, amongst... read more
SAMANAH GOLF & COUNTRY CLUB WINS PRESTIGIOUS AWARD
8th January 2010
Moroccan Property News
On 12 November 2009, San Diego welcomed the various contestants for the International Property Awards. This major event rewards the year’s best real estate projects, which are broken down into categories. Crowned “Best Golf Development” in the Arabia z... read more
Jenson Button Buys Palatial Holiday Home In Marrak
20th November 2009
Marrakech Property News
Jenson Button has bought a holiday home in Marrakech, Morocco paying more than 5 million GBP for the pleasure. The Formula One world champion is ''clearly in the mood to celebrate being the new Formula One champion,'' writes The Sunday Times. The prope... read more
Marriott & Jumeirah To Open Hotels In Marrakech
13th November 2009
Estate Agents In Marrakech: News
The Marriott hotel group has committed to its first hotel in Morocco - a 216-room property in the Domain Royal Palm. This luxury golf hotel is planning to open in 2012 and is a joint venture between the Marriott and Domaine Palm Marrakech SAS. The hotel w... read more
IMF Gives Moroccan Property Vote Of Confidence
11th October 2009
Marrakech Property For Sale: News
An International Monetary Fund (IMF) mission led by Mark Lewis visited Rabat from November 2-13. At the conclusion of the visit, the mission issued a statement praising the country’s economic performance. The full statement is the following: ''In the c... read more
Morocco: African Destination Of The Year
15th July 2009
Marrakech Property News
Morocco has been named this year’s African Tourism Destination of the Year by the Commonwealth Business Council (CBC). Recognised as a nation that has been innovative and proactive in mobilising its tourism industry, Morocco has shown that African nations... read more
Marrakech In Brief
10th June 2009
Marrakech Property News
Marrakech offers something very different for the more adventurous traveller and overseas property buyer. One of the most beautiful, fashionable, exotic and sophisticated locations in northern Africa, it is very well established as a premier destination a... read more
Air Arabia opens its Moroccan hub
12th May 2009
Real Estate News for Marrakech 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... read more
What to do in Morocco
30th April 2009
Marrakech Property News
Morocco has a lot to offer tourists – from a wide array of outdoor pursuits, distinct culture, history and food to some of the best beaches and most luxurious hotels money can buy – it really has something for everyone. For the more adventurous traveller,... read more
Asian car makers in talks on Morocco plants
24th April 2009
Marrakech Property and Real Estate News
Asian carmakers are in talks with the Moroccan government to set up plants with a capacity that could exceed 200,000 cars a year, a local car industry group said on Tuesday. French carmaker Renault is already planning a plant on that scale, and Adil Be... read more
Morocco Infrastructure Report 2009
20th March 2009
Property In Marrakech News
Morocco is geographically positioned at the physical crossroads between the Maghreb and Europe. Its physical location plays a major part in the development of the country's infrastructure, as increasing the transport and power links between the two region... read more
Moroccan GDP 5.5% per annum for next 5 years
12th February 2009
Marrakech Property News
Despite the global economic malaise, Moroccan GDP rose by 6.5% in 2008, compared with 2.7% in 2007 and 7.8% in 2006. Average GDP from 2004 to 2008 was 5.2% and real GDP growth is expected to average 5.5% in the 2009-13 period due to prospects in the touri... read more
Morocco property firm Addoha says sales on track
21st January 2009
Property In Marrakech News
Moroccan real estate developer Addoha's sales are in line with expectations and the north African kingdom is able to absorb the impact of recession in the world's major economies, its chairman said. ''Sales are progressing in an entirely satisfying man... read more
Moroccan banks vow to keep credit flowing
16th January 2009
Morocco Property News
Morocco's banks vowed on Monday to keep credits flowing to the economy to sustain the North African country's growth, their association said, amid worries a global financial crisis may damage some key economy sectors in Morocco. ''Morocco's banks cont... read more
Moroccan growth hits 6.5% in 2008
1st January 2009
Marrakech Property News
Morocco's economic growth hit 6.5% in the third quarter of 2008 confirming the government's forecasts that eyed an over 6% rate despite the global financial crisis, official sources told APA Friday in Rabat. The third quarter recorded a drop with a de... read more
David Lloyd announces plans to open in Saidia
1st December 2008
Property in Marrakech News
David Lloyd has announced plans to open its first fractional ownership resort on Morocco’s Mediterranean coast in Saïdia, in partnership with resort brand Le Jardin de Fleur. The resort will open in 2010 and offer fractional ownership, luxury build standa... read more
Financial Times Backs Morocco For Investment
28th October 2008
Moroccan Property News
An article in The Financial Times by Heba Saleh recently recognised that Morocco’s economy is remarkably immune from the economic challenges facing many other countries around the world. There is solid evidence to show it is maintaining economic stability... read more
Golden Tulip Launches in Saidia
28th October 2008
Marrakech Property News
Golden Tulip Hospitality Group, a worldwide hospitality company with more than 780 hotels and 75,000 rooms in more than 50 countries, has just signed a management contract with Le Jardin de Fleur to manage property in its RT7 development, Saïdia, Morocco.... read more
Morocco: a safe haven from credit crisis
8th October 2008
Marrakech Property News
The Moroccan government is optimistic about its economic performance and should record a 6.8% growth in GDP in 2008, despite the international financial situation. The Moroccan Finance Minister has given an assurance that the country is safe from the sub-... read more
2.5million tourists visited Morocco up to late May
5th August 2008
Marrakech Property News
Some 2.5 million tourists visited Morocco during the first five months of 2008, which represents an 11% increase compared to the same period in 2007, according to the latest figures of the National Tourism Observatory. French tourists topped the list with... read more
Moroccan housing market to see further growth
5th August 2008
Marrakech Property News
House prices in Morocco have been tipped to go up at a considerable rate over the next few years. Homes Overseas magazine stated that authorities in the country have spent more than £7 billion on building new homes and improving its infrastructure. The go... read more
Retirees tempted by Moroccan property
28th July 2008
Marrakech Property News
Sun, sand and tax benefits - three reasons why Moroccan property is rising in popularity with British retirees. Foreign exchange specialists Currencies Direct recently revealed that there has been a significant surge in demand for Moroccan dirham, suggest... read more
InterContinental announces 1st property in Morocco
1st July 2008
Marrakech Property News
InterContinental Hotels & Resorts will venture into Morocco for the very first time. The new-build resort development in Marrakech is scheduled to open in the first quarter of 2011 and InterContinental is working closely with developer Groupe Cadex to cre... read more
Property Logic wins CNBC awards again
30th June 2008
Morocco Property News
Property Logic have won three of this year’s CNBC Arabian Property Awards for the categories of Best Architecture, Best Development and Best Golf Development for its flagship project, Le Jardin de Fleur located in Mediterrania-Saidia, Morocco. The awards... read more
Investing abroad could be lucrative
5th June 2008
Marrakech Property News
British investors have been told that the current downturn in the property market could make a foreign investment, such as Marrakech property, a better option. The Telegraph stated that house prices in the UK are currently falling and are not likely to... read more
Property in Morocco, a smart buy
30th May 2008
Morocco Property News
Overseas property investors have been advised to enter the Moroccan market sooner rather than later. According to property expert Fouad Akalay, the north African country is currently enjoying considerable growth in its tourism industry. Speaking to the... read more
New opportunities in Morocco
5th May 2008
Marrakech Property News
Morocco’s emergence as a popular tourist destination is driving the creation of new properties across the country. According to the ‘Associated Press’, the north African nation is increasingly attracting highly sophisticated and fashionable visitors, beco... read more
Morocco plans infrastructure improvements
2nd May 2008
Morocco Property News
Morocco's government is investing nearly £9 billion in improving its transport network in order to boost it's economy. More than £7 billion will be spent on improving ports, airports and roads, while £1.3 billion will go towards a planned high-speed rail... read more
Moroccan officials promote the country abroad
7th April 2008
Morocco Property News
Owners of rental property in Morocco could soon benefit from increased occupancy rates as a result of a new promotional effort. As well as advertising in the UK, Tourism officials from Morocco are aiming to market the country at a major travel event in... read more
Emerging markets are attracting more visitors
4th April 2008
Morocco Property News
Emerging holiday destinations outside Europe are becoming more and more popular, according to experts. Teletext Holidays stated that consumers in the UK are becoming more adventurous and are increasingly opting to visit more exotic locations such as Af... read more
Now is the best time to buy a property in Morocco
7th March 2008
Marrakech Property News
People considering buying property in Morocco should to enter the market early. As with all emerging property markets, investors would benefit most if they took advantage of the current low prices. This would boost the potential to achieve high returns as... read more
New flights to boost Moroccan tourism
6th March 2008
Morocco Property News
Owners of property in Morocco could see a surge in demand for rental accommodation this year. This is due to the introduction of a new flight between Madrid and Tangiers by low-cost airline EasyJet, with more routes to follow. These services should ope... read more
Marina expansion for Morocco's Mediterrania Saidia
13th February 2008
Morocco Property News
Due to high demand from the outset, the existing 840 berth marina at the outstanding Mediterrania Saidia Resort will be expanded to over 1,100 berths, taking the costs to more than 21 million Euros. Just across the water, southern Spain’s most popular... read more
Moroccan tourism at the highest ever
13th February 2008
Marrakech Property News
A total of 7.45 million tourists visited Morocco last year, that’s more than at any other time in the last forty years and a 13% increase compared to 2006, which yielded some US$7.7 billion, Moroccan Tourism and Craft Minister, Mohamed Boussaid, has decla... read more
Marrakech appeals to buyers of Morocco property
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... read more
Morocco marketing to target Britons
12th December 2007
Marrakech Property News
Consumers in the UK are to be targeted by a new advertising campaign from the Moroccan National Tourist Office (MNTO). The organisation is increasing investment in marketing the North African country overseas in order to attract more foreign visitors.... read more
Morocco to expand annual airport capacity to 30m
25th November 2007
Marrakech Property News
Morocco plans to increase its airport capacity to 30 million passengers per year by 2010, quotes the Director of the Moroccan Airport Office. Casablanca's Mohammed V international airport is expected to receive 11 million passengers per year following... read more
Morocco's first Arab speed train
17th November 2007
Marrakech Property News
Morocco expects to start work on the first high-speed trains in an Arab country, which would connect the Mediterranean coast to the Sahara Desert in 2007. The speed of the trains would be 300 kilometres per hour and they would run from Tangier to Agad... read more
Statistics demonstrate growing appeal of Morocco
10th October 2007
Marrakech Property News
The latest stats from Morocco's Ministry of Tourism continue to show growth in tourist arrival numbers for 2007. A 10% year on year increase has been reported. Approximately 4.3 million tourists visited Morocco in the first seven months of 2007, an i... read more
100 flights per week between UK & Morocco
21st August 2007
Marrakech Property News
Thanks to airline deregulation, Marrakech is now well placed to compete alongside main stay European destinations such as Prague, Barcelona & Rome in the lucrative high income earning sector of city breaks. According to the Official Airline Guide (OAG... read more
Marrakech is a ''significant'' property market
15th August 2007
Marrakech Property News
The increase in Moroccan tourism has turned Marrakech in particular into a property hotspot, according to a property expert. Some 4.5 million tourists have visited the country since 2001 and is seeking to increase that to 6.5 by 2010, reports Easier.co... read more
Golf property on course for world domination
28th July 2007
Marrakech Property News
Once almost the exclusive preserve of Spain and Portugal, resorts offering golf property are now branching out to new & far away destinations. Over the last decade there has been a marked increase in the number of golfers going abroad, combining their... read more
