Moroccan Mortgage

In an excellent blog from Morocco EverythingMorocco says

“Anyone with an interest in Morocco knows that an integral part of the future economic plan involves making revenue from tourism a major source of the national economy’s income. Foreign investment is being encouraged and development in that arena has been ongoing for a long time now.”

With discount airfares from Europe and the promise of an underwater tunnel from Spain, Morocco is preparing for a surge of Foreign visitors and investors. The challenge is to retain and invest in local culture and infrastructure, while benefiting from tourist spending.

More good new for Moroccan property invetors from Obelisk

King Mohammed of Morocco has announced big plans for the country, including a key strategic vision to boost tourism figures to 10 million by 2010 — all good news for Morocco property investment.
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LE JARDIN DE FLEUR TO WIN HIGHLY PRESTIGIOUS PROPERTY AWARD

Property Logic, the developer behind Le Jardin de Fleur Beach & Golf Resort in Mediterrania Saïdia, Morocco, is one of the winners of the prestigious CNBC Arabian Property Awards 2007 . The awards will be presented in October.

Le Jardin de Fleur consists of eleven beach and golf resorts with villas and condominiums, each with their own amenities. The resorts are located within the Mediterrania Saïdia coastal development -aka as Morocco’s Cote d’Azur and include a marina, 6 km of white sandy beaches, beach clubs, shopping centres and golf courses.

I was recommended to use sirocco, but preferred to look myself the first time.
I spent a lot of time looking at some very good forums about Moroccan property.
I am still cautious about buying property off-plan. Architects and interior designers may be able to visualise virtual real estate, but not me

The sixteen regions of the Kingdom of Morocco are: (more…)