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The Spanish Real Estae investors are allured by Morocco

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  #1  
Old 29-01-2008, 07:50 PM
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Default The Spanish Real Estae investors are allured by Morocco

The Spanish property and land investors are allured by Morocco.
In fact, in the area, Morocco is the principal trade partner of the peninsula ibérique. The origin of these performances, the climate of investment founded by the vision 2010 and which generated a whole dynamics of investment in real estate and touism industry.
Thus many Spanish operators in tourism, property and land development prefered to invest in Morocco and signed many conventions with the Moroccan government. This same climate of confidence allowed the arrival of many Spanish signs which developed projects, successfully, in tourism and the real estate. According to statistics' of the Moroccan ministry of Tourism, the tourism and real estate sectors attracted, between 2006 and 2007, several Spanish, marocco-Spanish companies and also British-Morocco-Spanish partners who are serious about working together in Morocco. All the projects which are established in Tangier, Asilah, Larache, Tetouan and El Jadida represent plenty of milliard of Euros of investment and more than 3000 employment. It should be also said that the Spanish investment in Morocco took new proportions thanks to the alliances concluded between Spanish and Moroccan groups. In this respect, they carry out a joint project in the Atlantic and the Mediditerranean coast. It acts of the creation of luxury hotels of a capacity of 720 beds each, residential zone (10.000 apartments and 510 villas) and sporting equipment and leisures and hospitals. With different programs also commercial zones, parks and a golf courses. The total cost of some projects exceeds the 2,86 billion DH. In Safi the fishing town the total investment of 3,7 billion DH, this méga building site envisages the installation of marinas, luxury hotels of a capacity of 174 beds at least. In addition to these holiday and tourist resorts, trade, zones of animations, more than 800 apartments, 550 villas and 350 apartments are also envisaged. These projects are under development. Acting of the planned projects, they envisage a total investment of about 6,02 billion DH. It will carry out a few kilometres from Bab Sebta the projects of Al Coudia Smir and Smir & Laguna Smir. Of an investment of 3,6 billion DH, these two projects are based on the creation of hotels, apartments, villas and center of life and trade. Golfs and a tennis court are also envisaged there. It should be noted that potential Morocco-Spanish and British investors already a large building site in different sites even in the Eastern one. In Fes a land of 700 hectars will be transformed into a true tourist village high standing. For the hour, the file awaits its validation with the ministry for the Interior. I am not promoting any overseas group but i am showing that Morocco real estate and tourism building market is growing fast and even the potential and the experts did not expect The present Moroccan property and tourism booming.
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Old 31-01-2008, 09:37 PM
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As the gravy train has hit the buffers in Spain. Spain & Morocco apart from their Geography also has historic links.

As an investor I would go deep into the background of some of them.
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Old 01-02-2008, 02:33 PM
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Camel you talk in riddles. Is this to impress? Do you enjoy dangleing little tantalising morsels for the rest of us to scrabble after like hungry hounds?
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Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year
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Old 01-02-2008, 07:42 PM
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Investy. It not or ever has been my intention to talk in riddles or need to impress anybody.

The matter that we discuss have many facets and tangents and as some one who still uses one finger on the key board a constraint of mine and this may leave things to the understanding & assumption of the forum users.
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Old 02-02-2008, 06:50 PM
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Hi all overseas real esate investors, developers and brokers.
We are here this lovely forum thanks for the admisn, moderator and the whole team who make this propery forum in live which is very successful and useful for the whole real estate community. We are here to exchange experience and tips...in property investment in abroad especially Morocco property. Our aim is to extend the property investment network and to work in a team work. I am specialised in Land investment and development in Morocco.
All investors and developers welcome.
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