Property Investment in Morocco

There are a number of aspects that have combined in the last 10 years to make Morocco property investment a going concern.

First was the recognition by the government that it could not forever be reliant on it's main industry of phosphate mining which currently accounts for more than 50% of GDP. The agriculture industry, contributing up to 20% of GDP is also at risk from climate change and how that may affect rainfall. The word of the moment is "diversify".

Morocco economy does not have the oil and gas reserves that most of their African neighbours possess in one form or another so, in the case of Morocco they formed a three-pronged attack.

The first was to create low inflation, stable but flexible conditions and to allow the use of EU free trade rules to increase general trade.

The second was to allow privatisation of certain aspects of the Moroccan economy which generated a flood of industrial investment.

The third was to begin to educate its population in the need for change. This in turn created trust and an investment environment which in turn opened an avenue for Morocco property investment and development.

Opinions vary but, average return yields for property investment in Morocco range between 8-13% which currently beats stocks and shares.