Property market in Morocco booms - As other European second-home markets, such as Spain and Portugal, continue to slow, there is more demand for a Moroccan home. The Marrakech property market has seen a growing influx of French, Spanish and British property investors, eager to cash in on this emerging market.
Two years from the fulfilment of the King of Morocco’s 2010 vision, tourism and infrastructure development continue apace across the entire Kingdom, and in particular around the popular city of Marrakech. Since 2002 Marrakech land prices have soared by 1,500% in areas like the Ourika Valley.
“The countryside ‘peasants’ are very shrewd negotiators, with their ears to the ground and their hearts set on a fair price for their homeland.
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