Morocco recommended to investors
Overseas property investors have been advised to consider potential opportunities in Morocco.
According to property analyst Fouad Akalay, foreign buyers could potentially collect good returns in the north African country.
Speaking to the Telegraph, he said Morocco's growing popularity as a holiday destination is fuelling a property boom in many areas.
As a result, it is becoming extremely attractive to second home buyers and investors from overseas.
Mr Akalay commented: "Early investors should expect capital growth of 20 to 30% for the next several years."
He added that an investment in Morocco can be safe, secure and free of any hassle.
King Mohammed VII has already expressed his desire to increase annual visitor numbers from 7.4 million last year to 10 million in 2010.
As a result, NuWireInvestor has recommended that prospective investors consider entering the market before it peaks, as the rising demand is likely to push up property values.
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