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Real Estate In Morocco
Located at 14 km from Europe, both at the same time a berber
land and an arab and african land, Morocco is at the same time a miditerranean
spirit place, where several civilization did meet and mealt together, Morocco
has along the years received several influences being such an important country
in such a very specific geographic location, the north of Africa, the closest
african country to Europe and north America.
Morocco as a country has all it takes to attract tourists and foreign
people who resides in Morocco, sunny beaches, both on the mediterranean and the
atlantic ocean, the desert, the mountains as well as the cultural heritage of
the most famous imperial cities in the world such as Rabat, Meknes, Marrakech as
well as Fez, Morocco is also known for its hospitality and the friendlyness of
the Moroccan people.
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The
market of Real estate in Morocco is huge and expanding on a very high rate, in
Morocco tourism is a very important economic activity for the fact that Morocco
has attracted over 6 millions toursists between Jan and November
2005.
Thanks to the developpement in visitors numbers, the real estate in
Morocco has grwon very important as an activity, because those who come to
Morocco for a short visit would like either to remain in Morocco, be able to
visit on a frequent basis, or reside in Morocco, thus these people end up being
owners of properties in Morocco, such as land, riads, and houses mainly in the
old medinas and the old parts of the moroccan cities, a lot of people now own
their own houses or homes in Morocco, mainly in cities such as Marrakech, Fez,
Taroudant, Meknes, Rabat, and several other cities, most of these people end up
investing in Morocco mainly on the real estate marker, the tourism activity
converting their owned houses and properties to Riads and guest houses where
they accomodate foreign people who visit Morocco.
In
Marrakech alone there is at least over 100 real estate and properties agencies,
in Fez there is several agencies, as well as in other moroccan cities such as
Essaouira, Rabat and Taroudant, in Taroudant one of the real estate agencies
that is leading the way in the real estate market in Morocco is "Taroudant
Immobilier", Taroudant
immobilier is owned by some French Citizens who did reside in Morocco to
invest in the Real Estate Industry, the agency has a catalog of over 500
properties for sale all over Morocco, updated on a daily basis, they also offer
Rent, Land,
Investment, Riads and ancient houses and properties such as Kasbahs and
placaes.
Marrakech is one of the most visited Moroccan cities, but due to the
expansion of the real estate market in Marrakech and the prices not being
affordable for most people, people now are heading west to invest, in cities
such as : Taroudant "knwon as the small marrakech", Tiznit, Sidi Ifni, Aglou,
Tata, Dakhla, Etc |
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