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If you ever wondered whether the property market in Morocco was secondary in any way to the government, the economy and for the future success of the nation you would be wrong, and a recent report from MAP (Maghreb Arabe Presse in Rabat) supports this view.

By now all investors and would-be investors have the Moroccan Vision 2010 blueprint for the nation - well, 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 to 2010.

And a part of the plan, these numbers have always been to develop sites across the country. These places 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 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. So a synonym for luxury and quality is the name of Emaar that with a double benefit for the country.

On one side is the profile of Morocco and the country's commitment to the development of truly exclusive and luxurious resorts, and secondly it is to ensure that interest is intense, and it is already positive for real estate as a contribution for the industry overall economy.

And that's not to say that the government has lost sight of the plight of their population in all of this. While there are those who undoubtedly will benefit from the underlying growing prosperity of the nation and up to the point where they better afford to buy their property, the government in Morocco to build affordable housing and access to finance for a larger number of its people to ensure that the gap between rich and poor does not lead to a gap can not bridge.

According to a survey conducted by property investment magazine Jet-to-Let, Morocco is the sixth most popular country for foreign real estate investors in 2008. This is a drop of two places from 2007 to the collection, but in the Top 10 for two years, is still a laudable achievement for Morocco.

These should be all music to the ears of investors in which they found pockets of real estate with potential long-term support for market successes and desirable.

The above-mentioned report by the Maghreb Arabe Presse was based on information provided by Housing Minister Ahmed Toufiq Hejira. The report shows 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. What's more, there is an almost 33% increase in the number of jobs in the construction industry over the same period.

According to the Association of Independent Tour Operators (AITO), the strength of the pound against the euro is direct impact on the travel industry.

Derek Moore, AITO Chairman commented: "Britons are avoiding the most expensive European countries for cheaper alternatives, including Morocco. This means that owners of rental accommodation in tourist hotspots such as Marrakech find their services in demand.

"The current financial situation in the North African country, more and more popular with holidaymakers. Consequently there is a growing number of countries are on the edge of the euro zone as Morocco."

All in all, Morocco is doing everything to ensure a healthy and balanced, desirable and feasible nor property market as an important contribution to the long-term success of the economy.

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