Morocco offers investment opportunities as region is 'resilient'
Morocco is among the countries that are proving to be durable in the eyes of property investors, it has been observed.
Sergio Casari of developer Emaar International told Arabian Business that the Middle East and north Africa (Mena) region is outperforming western markets.
Projects in Morocco and Turkey are among those being prioritised by the company, with nations throughout Mena not being affected by the credit crunch to the same extent as other nations.
"Mena will be more resilient than western markets," Mr Casari was quoted as saying. "Fundamentals remain strong from a social demographic and an underlying demand perspective."
Those planning to invest in buy-to-let property in Morocco or Turkey may be benefiting from an increase in tourism, as an expert recently noted that more Britons are choosing to holiday outside the eurozone.
Francesca Ecsery of Cheapflights.co.uk explained that searches for travel to these countries are rising because they are inexpensive and relatively close to the UK.
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