Morocco Property News

Radisson Hotels & Resorts, part of a leading hotel chain operating over 330 establishments across 53 countries, has selected a brace of Le Jardin de Fleur resorts within the resort of Mediterrania Saïdia for its first foray into the Moroccan market.

Long before the King of Morocco ratified the Vision 2010 national development plan to help diversify the economy and bring foreign investment, Morocco was a popular destination for international film producers.

Aside from the six Plan Azur coastal resorts, the Moroccan Government has various other Action Plans on the go throughout the country, Tamuda Bay being one of them.

As Morocco’s national tourism strategy, Vision 2010, begins to unfold and a whole new set of infrastructure improvements comes into play, the future is looking brighter than ever in Morocco.

The masterminds behind the purpose-built Moroccan resort, Mediterrania Saidia, are less than surprised to discover that the marina needs extending even before they’ve finished building it.

Adding a little touch of mysticism to their enviable portfolio of global properties, overseas property development specialists David Stanley Redfern Ltd now offer investors Moroccan property from as little as £56k, with attractive 2 bedroom apartments and more adventurous 3 bedroom villas featuring throughout their selection of majestic developments.

Retailers have oft inspired confidence in their products by offering money-back guarantees. “Return the product to us in its original condition within 30 days and we’ll refund in full...” But what about a property? And what about not 30 days later but nine years later?

Morocco has recently being referred to as ‘remarkable’ by the International Monetary Fund (IMF) in recognition of its economic progress over the last year.

The 11 Le Jardin de Fleur resorts-within-a-resort at Mediterrania Saïdia have had quite a whirlwind of a year. England stars John Terry, Rio Ferdinand and Gary Neville have publicly invested in their own villas, the 2007 CNBC Arabian Property Awards have acknowledged the developer by way of two honours and the King of Morocco himself has been a regular visitor on site to check on progress.

Benjamin Franklin once said that there was nothing guaranteed in life but death and taxes. Having lived in the 18th century he couldn’t have known that a ten year 10% rental guarantee at El Oasis de Marrakech could also be added to his list. In terms of location, value for money, payment terms and facilities, El Oasis de Marrakech is simply unbeatable.

International Mortgage Solutions (IMS) - the overseas mortgage specialists - has recently added Morocco its non-resident mortgage portfolio. 2007 has already seen expansion from Spain into France, Portugal and Italy, and IMS has revealed that Morocco will be joined by yet more new markets before the year is out.

Morocco looks to be on track to meet its 2010 vision, with news that last year they welcomed 6.5 million tourists.

When a young 43 year old king unveils to the world his ambitious strategy to boost tourist arrivals to his country from 4.4 million in 2001 to 10 million by 2010 thus creating 600,000 new jobs and forming 20% of the nation’s GDP, the last thing that king wants is egg on his face.

For serious investors, Morocco must rate as one of the best investments around. Recent modernisation reforms have made it an exceptional place to do business and with a dual tax treaty between Morocco and the UK along with serious investment into infrastructure Morocco is in a superb position to attract overseas investors.

When industry leaders participating at this year’s Arabian Hotel Investment Conference (AHIC) were asked which country they thought had the potential to be the next Spain in terms of revenue and tourism development, Morocco came out on top. Latest figures show that in 2006 some 6.5 million tourists visited the North African country, up 700,000 on the previous year.

Rob Shaw Marketing and Operations Manager for Morocco Properties, says, “Morocco has certainly come to the fore in the last year and is now strongly tipped to be one of the best overseas investment opportunities around.

Rocco Forte has been signed as the operator on Morroco's first private members estate. Assoufid offers Marrakech's most compelling investment, combining the service excellence of Rocco Forte Hotels with the breathtaking views, challenging topography and luxury living.

Plans for the first villa riads to be built at Mediterrania-Saidia, the €1.6 billion golf and marina five-star resort taking shape along six kilometres of the 14 kilometre golden sandy beach at Saidia - a stunning beach location on northern Morocco’s Mediterranean coast - have been unveiled by Saffron Villas Ltd.

La Dune, perched on a stretch of beautiful beach in Mirleft, a tiny fishing town south of Agadir, is a resort of four bedroom four bathroom Arabic-styled villas arranged over three floors to maximize the attractive sea views. Suitable for families, couples, groups, sun worshippers and sports fanatics, La Dune offers high standards and quality fittings at an affordable price.

Charles Boccara’s design of the 47 three-bedroom villas which make up Domaine De L’Akhdar Vue Du Paradis on the outskirts of Marrakech is inspired by that of traditional Moroccan riad homes which have a central courtyard or garden, sometimes with a fountain.

Steady growth and the development of more major resorts looks set to be the trend for the Morocco property market in 2007 according to Paul Staines, managing director of Newbury-based Saffron Villas Ltd.

Money management firm, Jones Lang La Salle, describes Europe as being “in the midst of a hotel transaction boom” thanks to “an increase in investment appetite for the hospitality sector”.

Thanks to airline deregulation, Marrakech is now well-placed to compete alongside Prague, Barcelona and Rome in the lucrative, high income earning sector of City Breaks.

Paul Staines, Director of Saffron Villas speaks with Adam Samuel of Nubricks.com to give us his inside information on purchasing property in Morocco, the full interview is available to download only at nubricks.com.

Many estate agents offer inspection trips, with flights included, but few take their clients by private jet. That is the experience enjoyed by customers of Prime Properties International.

A rare opportunity for investors and second home buyers to acquire front-line homes on one of Morocco’s finest Atlantic beaches, south of Casablanca, is announced this week by Saffron Villas Ltd, the Newbury-based Moroccan property specialist.

The north African kingdom of Morocco is famed for its culture, colour and cuisine, but it’s time investors started looking at its beaches, according to Spanish-based agents, Prime Properties International.

Rooftop pools and glass walls are among innovative features in townhouses to be built on Morocco’s Mediterranean coast by Property Logic, the Spanish developer of Le Jardin de Fleur, a new scheme close to the marina, beach and shopping areas within the Mediterrania-Saidia golf and beach resort.

The wraps have come off homes for sale in a major new country club development in Morocco where residents will be able to enjoy year-round holidays which include skiing in the winter months.