[trent]

Seems cheap, but what impresses me about Morocco is the combination of fantastic beaches, 3 hour flights and a Government heel bent on putting everything in place to ensure it becomes a world class tourism market, for example no income Tax on rents coupled with huge infrastructure investment to include a tunnel being built between Gibralter and Tangier.
Also many agents are selling the place which is a sure sign of market momentum.
To really make a decent investment I suggest the Mediterrania Saidia site. It offers total security and luxury, unlike the other smaller out on a limb sites. This will be crucial to rental markets. You can buy a marina berth for ?10000 on a 60 year lease, I suspect the rental return on this alone will be significant.
Gucci, Armani and Budha Bars have all acquired commercial premises on this site - that in itself will create hype and expectation. There are apartments from about ?70000, these will become gold dust within 5 years.
Thanks
Trent