Just a few media quotes over the last 2-3 years
Conservative estimates of 15% growth per annum for the next 5 years and double digit yields are really possible. - Richard Chapman September 2005
"It is no surprise that the pioneering investors are streaming into the Northern Moroccan Mediterranean Coast with its endless white beaches & 300 days plus sunshine every year"
"With the King of Morocco's summer palace sited only a few miles away from Playa Vista on the stunning coast line of clear blue & turquoise sea. Buyers are secure in the thought that their overseas property is located in the region that is fit for a King" Richard Padgett of the Playa Vista development company said in October 2005
Holiday Home Brits are off to North Africa for Bargain Beach front Investment opportunities - Sunday Express January 2006
That's not to mention property prices being 50% less that other European resorts but rising on average 15%per year and rental occupancy being almost 85%. - Terry Kendal Prestige Properties January 2006
Morocco is on the cusp of big change. Marrakech and Essaouira will keep their unique appeal, but new places are opening up and drawing people in. With a stable economy, the Moroccan dirham pegged against the Euro and house prices on a steady increase, Morocco has a lot to be proud of. With no government restrictions on buying property, all you need to do is fix a budget and go seek your own personal palace. - Abby Aron April 2006
"The king's actions are making foreigners more willing to invest here," says Ignacio Parrado Castro, an estate agent with Moroccan Homes, which has offices in Spain and Tangier. "I see the effect of it every day. Prices per square metre have already doubled in Tangier in the past two years." But even if you buy in Tangier," he claims, "you are likely to double your money in a couple of years. Wherever you go, prices are lower than in Spain ." Sunday Times May 2006
This week North Africa became the latest battleground for low-cost airlines as EasyJet launched flights from Gatwick to Marrakesh from just £60 return. Atlas Blue, the low-cost arm of Royal Air Maroc, has already begun services; Thomsonfly and Jet4You are scheduled to do so later this year; and Ryanair has promised 20 routes between European and Moroccan airports by 2010. Times August 2006
Morocco on a roll -In a few years the peaceful market towns, fishing villages and desert oases could be joined by exotic coastal resorts , five star hotels and golf courses. So invest now to get your slice of this emerging market - Abby Aron Living aboard September 2006
This means that there are many possibilities for house hunters looking for somewhere a bit different. The tricky part is finding your own personal space before everyone else turns up - Homes Overseas August 2006
Morocco on a roll -In a few years the peaceful market towns, fishing villages and desert oases could be joined by exotic coastal resorts , five star hotels and golf courses. So invest now to get your slice of this emerging market - Abby Aron Living aboard September 2006
British Airways Magazine September 2006
Real estate agents are gearing up for more European vacationers and retirees as cheap air fares make commuting to and from Europe easier. They expect rents to rise and say developers are already getting ahead by building small studios and flats more suited to Westerners than the cavernous apartments meant for traditionally large Moroccan families.
Said French real estate agent Olivier Boisard, who caters mainly to French retirees moving to Morocco : "The potential is enorme, enorme, enorme!"
Telegraph Travel section September 2006
The government has also begun a $58 million advertising campaign, packaging Morocco as an exotic-yet-safe destination for Europeans: cheap, warm and steeped in tradition
But the most radical move perhaps was to open up the skies. In 2004, Morocco allowed 11 second-string European airlines to taxi down its runways, and last year it introduced its own low-cost airline, Atlas Blue, which has blanketed France with cheap flights to Marrakesh and Agadir, Morocco's answer to Cancún, on the southern coast. This year, the British are coming on easyJet, Ryanair and Thomsonfly, which advertises round-trip fares from London to Marrakesh as low as £40.
DALE FUCHS New York Times Travel supplement October 2006
Summer 2006 flight bookings to Marrakesh leapt 295% year-on-year, and is the fastest growing destination for holidaymakers who buy flights through lastminute.comThe other popular Moroccan destination is Tangier, which is the fifth fastest growing destination with bookings of up to 132% year-on-year.
Magreb Arabe Presse October 2006
"It is no surprise that the pioneering investors are streaming into the Northern Moroccan Mediterranean Coast with its endless white beaches & 300 days plus sunshine every year"
"With the King of Morocco's summer palace sited only a few miles away from Playa Vista on the stunning coast line of clear blue & turquoise sea. Buyers are secure in the thought that their overseas property is located in the region that is fit for a King" Richard Padgett of the Playa Vista development company said in October 2005
Holiday Home Brits are off to North Africa for Bargain Beach front Investment opportunities - Sunday Express January 2006
That's not to mention property prices being 50% less that other European resorts but rising on average 15%per year and rental occupancy being almost 85%. - Terry Kendal Prestige Properties January 2006
Morocco is on the cusp of big change. Marrakech and Essaouira will keep their unique appeal, but new places are opening up and drawing people in. With a stable economy, the Moroccan dirham pegged against the Euro and house prices on a steady increase, Morocco has a lot to be proud of. With no government restrictions on buying property, all you need to do is fix a budget and go seek your own personal palace. - Abby Aron April 2006
"The king's actions are making foreigners more willing to invest here," says Ignacio Parrado Castro, an estate agent with Moroccan Homes, which has offices in Spain and Tangier. "I see the effect of it every day. Prices per square metre have already doubled in Tangier in the past two years." But even if you buy in Tangier," he claims, "you are likely to double your money in a couple of years. Wherever you go, prices are lower than in Spain ." Sunday Times May 2006
This week North Africa became the latest battleground for low-cost airlines as EasyJet launched flights from Gatwick to Marrakesh from just £60 return. Atlas Blue, the low-cost arm of Royal Air Maroc, has already begun services; Thomsonfly and Jet4You are scheduled to do so later this year; and Ryanair has promised 20 routes between European and Moroccan airports by 2010. Times August 2006
Morocco on a roll -In a few years the peaceful market towns, fishing villages and desert oases could be joined by exotic coastal resorts , five star hotels and golf courses. So invest now to get your slice of this emerging market - Abby Aron Living aboard September 2006
This means that there are many possibilities for house hunters looking for somewhere a bit different. The tricky part is finding your own personal space before everyone else turns up - Homes Overseas August 2006
Morocco on a roll -In a few years the peaceful market towns, fishing villages and desert oases could be joined by exotic coastal resorts , five star hotels and golf courses. So invest now to get your slice of this emerging market - Abby Aron Living aboard September 2006
British Airways Magazine September 2006
Real estate agents are gearing up for more European vacationers and retirees as cheap air fares make commuting to and from Europe easier. They expect rents to rise and say developers are already getting ahead by building small studios and flats more suited to Westerners than the cavernous apartments meant for traditionally large Moroccan families.
Said French real estate agent Olivier Boisard, who caters mainly to French retirees moving to Morocco : "The potential is enorme, enorme, enorme!"
Telegraph Travel section September 2006
The government has also begun a $58 million advertising campaign, packaging Morocco as an exotic-yet-safe destination for Europeans: cheap, warm and steeped in tradition
But the most radical move perhaps was to open up the skies. In 2004, Morocco allowed 11 second-string European airlines to taxi down its runways, and last year it introduced its own low-cost airline, Atlas Blue, which has blanketed France with cheap flights to Marrakesh and Agadir, Morocco's answer to Cancún, on the southern coast. This year, the British are coming on easyJet, Ryanair and Thomsonfly, which advertises round-trip fares from London to Marrakesh as low as £40.
DALE FUCHS New York Times Travel supplement October 2006
Summer 2006 flight bookings to Marrakesh leapt 295% year-on-year, and is the fastest growing destination for holidaymakers who buy flights through lastminute.comThe other popular Moroccan destination is Tangier, which is the fifth fastest growing destination with bookings of up to 132% year-on-year.
Magreb Arabe Presse October 2006