Sunday, 21 January 2007

Morocccan Property Boom


Morocco which has over the years attracted all types of visitors from world famous politicians like Winston Churchill & President Roosevelt to celebrities such as George Clooney & David & Victoria Beckham is today receiving a different type of visitor. Visitors who have had enough of the usual overcrowded and overly expensive Spain. This type of visitor seeks to feel the deep culture on offer in Morocco and taste the wonderful food available at less than half of Spanish prices. Morocco is visually exciting to the average visitor who has travelled the usual places on the Mediterranean coast. The colours so bright, the deserts so vast, challenging and beautiful and the people so friendly and welcoming. The lush mountains of the riff shadow golden beaches like that of Kabila, further south are the high Atlas Mountains are the tallest mountains in North Africa.

During winter times the rich and famous staying in their villas and palaces take to the ski slopes of Oukaimeden. The British tycoon Richard Branson has bought a Kasbah named Kasbah Tamadot which is used as a luxury boutique hotel. It is found perched dramatically on a hilltop and surrounded by the peaks of the High Atlas. Located in the Atlas Mountains, Oukaimeden, the valley of four winds, is set to become the ultimate four season mountain destination for recreation, entertainment, relaxation and residence as well as being the Middle East and Africas only golf and ski resort. In keeping with Berber design and the shear beauty of the great Atlas Mountains, Oukaimeden village will combine commercial, office, retail, entertainment and dining amenities with a full range of residential options to choose from. With 2,000 hotel rooms, more than 300 retail units and 25,000 sq. metres of business and conference facilities planned, Oukaimeden will be a year round hive of activity. Artisans of all types are attracted to Morocco and its history. The Almoravid dynasty left wonderful architecture and palaces all over Marrakech.

With the recent open air agreement between Morocco and Europe the first of its kind with a country in Africa, low cost carriers are tripping over themselves to serve Morocco. Easy jet was the first to make flights available followed by the ground breaking deal by Ryan air to serve 20 airports across Morocco. Low cost carrier Monarch is also expected to join the race to serve this emerging market flying to Tangier international airport in 2007. What is the driving force behind all this? Some say its the booming Moroccan property market others say the proposed tunnel linking Morocco with Spain. Buyers from across Europe and the World are jumping on the bandwagon of this hot property growth market and with beachfront ocean view properties, listed with Property Borders, starting from £45.000 who can blame them. Morocco is under 2 hours from most places in Europe with great winter sun available. Property Borders are Moroccan property specialists located in London and have found the market in the last year very exciting, the director Mustapha Mezouri who himself is Moroccan commented saying The Moroccan economy this year is expected to grow at a rate of 7.3% compared to last years growth of 1.8%. This will make buying a property a profitable experience as Moroccans join the race to get on the property ladder. Morocco has thousands of miles of empty golden coastline so what are you waiting for grab your exotic Moroccan home before it's to late. For more information, visit

About the Author
Property Borders is a Moroccan owned agency, its director Mustapha Mezouri was born in Morocco. We have been at the forefront of the Real Estate industry in Morocco for the past two years, continuously developing its services according to market trends and laws we only market property developments after researching areas for their growth potential. Our staff are all conversant with the property market in Morocco and can help and advise you of the most suitable development for either investment or as a holiday or residential home. Investors have come to expect a personalized, professional, one-stop service As a measure of this commitment, we are the only UK based Moroccan owned estate agents with links to all the major developers in Morocco. This helps us provide our clients with greater choice of the best sourced properties. We endeavour to make sure the process is as smooth as possible. We are an independently owned company that treats its customers with Moroccan hospitality and British professionalism. We give our clients prompt, reliable and personal service with no hard sell.


Property, Real Estate, Investing & Business Articles

No comments: