|
Thursday, 31 July 2008 00:00 |
Interest in the Moroccan property market has been 'strong' in the last couple of years.
That is according to Alisdair Luxmoore, director of free property advice website fleewinter.com.
Whilst Mr Luxmoore admitted that there was a "very high level of bureaucracy" within the country, he has said that he does not believe it is caused by the majority religion in Morocco.
Sharia law, he said, does not have any influence on property transactions and Mr Luxmoore said that "it's a very interesting country to invest in".
The World Travel & Tourism Council's (WTTC) '2008 Travel & Tourism Economic Research has forecast that real economy growth in the country will reach five per cent and real direct industry Gross Domestic Product (GDP) growth will be 4.7 per cent.
Commenting in the Telegraph on the appeal of the country, Mark O'Sullivan, director of dealing at Currencies Direct, said: "Morocco benefits from coasts on the Atlantic and the Mediterranean, giving the growing number of retirees that we have witnessed purchasing property there a choice of dramatic beach locations." |
News Archive