the moroccan product today
At present, Morocco is the country on the African continent that is experiencing one of the fastest growing real estate markets in the region. Morocco has enjoyed relative stability for an extended period of time and the climate in many parts of the country is very appealing to people from many different countries around the world.
With many countries officially coming out of the global recession, in particular, several of Morocco’s key Eurozone trading partners, a recent mission to Morocco by the International Monetary Fund (IMF) has forecast that Morocco is set for a period of steady economic growth.
Morocco’s financial system remains robust and because of its limited integration with the external world, Morocco has not felt the direct effects of the global financial downturn.
“The Moroccan real estate market is booming; real estate development is everywhere,” according to Amine Maoouni, business development coordinator for the Moroccan American Trade and Investment Center (MATIC). There’s once again talks of initiating the tunnel project that will run from Spain to Tangiers… “ Morocco is becoming very popular with the U.K. and Northern Europeans,” Nolan Everard, managing director of CSDS, said. “It’s only really beginning at the moment. It’s like Dubai was ten years ago.”
Lares is in a real estate and investment relationship partnership with local consultancies in Marrakech, Casablanca and Tangiers. We offer direct investment consultancy expertise to advise and guide Clients through investment opportunities, and accompany Clients all throughout the life of the construction project as project managers and representatives in Morocco.
