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Tuesday, 29 July 2008 00:00 |
Those looking to invest in property abroad should consider buying near the coast to ensure they are making the most of their investment.
That is according to property advice site, fleewinter.com, which has said that it is important for investors to consider how appealing a property may be to tourists.
Alisdair Luxmoore, a director at fleewinter.com, said that when it comes to looking at property in Morocco, Essaouira would be most appealing.
Mr Luxmoore explained: "If you want a return on your investment, in terms of tourists coming to stay in your place, then, wherever you are in the world, being by the coast is an enormous help. And that is the closest bit of coastline to Marrakech."
Essaouira is also a popular part of Morocco because of its proximity to Marrakech airport. Mr Luxmoore suggested that having good access is "always a key point for tourists".
The World Travel & Tourism Council's (WTTC) '2008 Travel & Tourism Economic Research - Morocco' has revealed that in 2008 Morocco's travel and tourism was expected to generate £7,118 million of economic activity (Gross Domestic Product). |