Why invest in Morocco?

Morocco is in the process of becoming the leading emerging luxury property market as a direct result of King Mohammed’s staggeringly ambitious ‘2010 vision’ with which he hopes to put Morocco ‘on the map’ The plans to increase tourism to over 10 million by 2010 have led to Morocco implementing a number of policies that open the country up to foreign investment which include freehold rights for foreign property owners and the ‘Open Skies’ agreement making Morocco infinitely more accessible to foreigners. With high rental yields now reaching around 8% whilst property prices remain low in comparison to mainland Europe, Morocco offers the perfect climate for property investors.