french property investment

As some real estate markets have been in a" tightening of belts' when it comes to investing in international real estate over the last twelve months, other property markets have been exactly the opposite of the situation, as these markets proved profitable and of interest, even if the global credit crunch has crushed others. Morocco is one such market and also in 2008, property in Morocco as more and more profitable, as they say, go for ...

Morocco has been recommended by many experts as a feature of markets has helped to ensure that they remain in a strong financial position during 2007, while the other global names lining up to invest money in property in Morocco in 2008. These facts should be the maximum of individual investors confidence in Morocco as a location for investment in real estate.

A popular real estate company has recently published data showing how they "achieved 3.2% year on year rise in profits and Jordanian based developer Mawared hopes that they will also with the Moroccan market to its profits from 2008."

In response to this random time, "early this month, the developers a massive joint venture with the largest public fund in Morocco in the development of projects in the likes of Fes and Tarfya in southern Morocco. The developments combine residential and commercial properties based on leisure especially in tourism and international centers focused buyer of the property. "- A more positive turn over Morocco.

There has been real estate professionals, "Mawared banks are not only on the fact that Emaar have proved that property in Morocco is still very profitable, but perhaps they are put on an impressive number, from the Moroccan tourism market. "

In a statement made by the Tourism Minister, Mohamed Boussaid, recently, the Minister said that "the tourism sector in the region of 5.27 billion euros in 2007." Another indication that there is actually potential and confidence in Morocco.

Have you ever wondered whether the property market in Morocco was secondary in any way to "the government, the economy and the successes of the future of the nation", it would badly wrong, as evidenced by a recent report from MAP (the Maghreb Arabe Presse in Rabat), the direct support of this fact only shows how much a participant Real Estate is for the economy in Morocco.

As expected by all investors and would-be investors in property in Morocco, Morocco's Vision 2010 blueprint for the nation is to further promote and convince investors that Morocco is the choice of the season, and an excellent investment choice!

The plan is as follows: "A very important and long-term strategic part of this plan is to improve tourism numbers so that they contribute to a sustainable annual average of 10 million by 2010."

Recently, resorts developed are set to "combine hotel accommodation with private ownership - and hence the massive undeniable connection between tourism desired growth and development, promotion and the desired success of the property market in Morocco."

The Moroccan government is committed to the development of entirely desirable properties in these important places, that it has agreed plans with Dubai based Emaar Properties to develop at 6 destinations across the nation. "

This special partnership will raise the profile of Morocco. The country's commitment to the development of truly exclusive and luxurious resorts ensures that the interest in the Moroccan property market is still intense, because they are already "back to real estate as a positive contribution to the areas of the economy as a whole."

The above-mentioned report (from Maghreb Arabe Presse) was based on information provided by the Minister for Housing of Morocco, Ahmed Toufiq Hejira.

This report points out that "since the property was such an important part of the national agenda for economic diversification and expansion, foreign direct investment in property in Morocco have reached 0.91 billion U.S. dollars - from 245 million U.S. dollars in 2002 back. What's more, there is an almost 33% increase in the number of jobs in the construction industry during the same period. "

It is important for us to point out that all of these fundamental tax changes and upgrades, the Moroccan government has definitely not lost sight of the plight of its own population.

While it is undeniably and undoubtedly many individuals and groups who, for the underlying increased prosperity of the nation to present the government in Morocco is also currently implementing the construction of low cost housing, while providing access to funding for a larger number of people to ensure that the gap between rich and poor is not an unbridgeable gap that only the rich and wealthy can afford to cross.

All in all, one can safely assume that Morocco, as an emerging economy and property sector is doing everything to ensure a healthy, balanced, desirable and lucrative real estate market and the economy as a whole.

Published on: ISNAR Free Article Directory http://www.isnare.com
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