Morocco top destination for golf property investment
Morocco has been named as a top investment destination for properties near golf courses in an article in the Times.
The newspaper reported that the increase in status and popularity of the country, brought on by increased investment in tourism, could lead to a property price rise.
In particular it cites the area around Casablanca where a new casino and beach resort, including a golf course, has just opened.
Colin Hegarty, president of the Golf Research Group, told the newspaper: "Get the location and formula right, and whenever you put houses near a golf course, the price just goes up."
Recently it was announced that Monte Carlo SBM is planning on managing a £120,000 development in Marrakesh which is predicted to attract A-list celebrities and sporting stars. It is thought that developments like this will entice more tourists and help boost the high end of the property market.
Morocco already boasts a selection of highly recommended golf courses and a thriving golf tourism industry.
Visit our off-plan property Morocco page.
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