For the past few years, the price of land, apartments, villas, and Riads has continued to rise.
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The booming Moroccan real estate marketCategory: Real estate newsChapter: International property news![]() The real estate market in Morocco has been on a major upward trend for five years. Rising prices have essentially hit the major cities of Marrakech, Tangiers, Casablanca, Rabat, etc. where demand is much stronger than supply. The reason for this increase is based on the development of the Moroccan middle class, on the one hand, and on the consistently rising numbers of foreign investors who, in addition to the beauty of the country and the warmth of the Moroccan people, benefit from substantial tax exemptions.
Updated on:
17/06/2008
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