Property values in Morocco are continuing to grow as a result of foreign investment, according to a media report by the Daily Telegraph.
Property values in Morocco are continuing to grow as a result of foreign investment, according to a media report.
The Telegraph stated that house prices in areas such as Marrakesh were "soaring" due to the influx of overseas property buyers.
Morocco's popularity as a holiday destination was also highlighted by the newspaper, as this means that rental accommodation is in high demand among tourists.
Therefore, owners of property in the north African country could benefit from strong rental returns if they let out their residence to visitors, as well as the capital growth caused by the expanding housing market.
Commenting on the country, the Telegraph said: "Morocco is just about as exotic as you can get on a short-haul flight from Britain."
Earlier this month, the newspaper reported that property values in some parts of Morocco have risen by as much as 20% this year.
