| Investment property market in Spain has been booming for years, but now property in Morocco is beginning to attract property investors and holiday home buyers. Deciding where to buy property abroad can be a long difficult process. The investment property and holiday home experts at Amazing Morocco asses the investment opportunities in Spain and Morocco.
“Remember Spain, fifteen years ago, when property prices were cheap, demand was increasing year on year and tourism was booming? Investors who were lucky enough to buy property in Spain in the early 1990s saw their investment increase dramatically but those days are far behind us and new investors in Spain must definitely be in it for the long term,” says Louise Hillcoat from Amazing Morocco.
As an expert in the holiday home market Louise Hillcoat knows that investors are always seeking the emerging holiday home property market. Investment opportunities somewhere close to home, culturally similar but excitingly different and with a climate that makes it a preferred holiday destination.
“Consider property in Morocco, just a short hop from mainland Spain, with a better all year round climate than Spain.” Morocco is currently enjoying huge investment in its infrastructure backed by a determination that comes from the top to increase tourism to 10 million visitors per year.
Savvy investors are taking advantage of the economic upturn currently being enjoyed by Morocco by getting in near the start of an investment property market, reminiscent of Spain before the property “boom”. Property in Morocco is set to take on Europe in a big way.
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