The most desirable city to invest in Morocco

[RedSeaVision.com]

I would like to get opinions on the best place to invest in Morocco. Like rental return, English friendly, food, easy flight access, and so on.

[The Soup Dragon]

Haven't voted. I'd be tempted to plump for Essaouri if it were listed. Accessibility (flights) and Atlantic coast (wind / rip tides) are the downsides. When Plan Azzure resort is next door this place could be special - Morocco's prettiest coastal town will be on the doorstep of a World Class resort.

[JeanLiggett]

Hi, Are we talking right now on in the next few years? I think in the next 2/3 years it will be Tangier. It's 16km from Spain, and easily accessible on the ferry. Once the port in the old town is redeveloped, cruise ships will be stopping there. /Also, the budget airlines will be coming in soon. The Moroccan government has recognised that northern Morocco has been severely under-invested for many years, and they are now playing catch up. The new port 35km east of Tangier is now open, and is reckoned over the next few years to become the biggest port in Africa. The government is marketing Tangier as a major business centre and a place for businesses to outsource resources, call centres, automotive and other skills and semi-skilled jobs. Nissan-Renault is opening a large auto plan in 2010. Tangier area has great weather and the cool breeze whereas Marrakech is oppressively hot. I think the English food will start to migrate to this area. Marrakech has had big price jumps already. So much more opportunity for Tangier. I find the people in Tangier to be very friendly. Tangier used to be an international city and a glamorous one before independence and it aspires to creating this again.

I hope this helps.

Jean

[Na Fianna]

I am in the process of purchasing in Tangiers because it appears to be one of the up and coming cities in Morocco. I read recently that this city will soon be seen as the gate way to Africa. I might be wrong but you have to say that from an investment view point that the entry into the market is reasonable compare to some investments and capital growth is forcast in around 15% which might be optamistic but never the less even if it falls short of that target it might be worth enrty. I beleive there is major re-development and with the new budget flights entering the equation well how know's. As investment's go I think Tangier is one for the future. I would love to know what other think.

[Investy]

Na Fianna

I think youre right on Tangier. I'm hearing that a lot of Russians and Spannish are buying there as it's opposite thier current enclaves in Spain. 10 years from now I think the best address's in Tangiers will command very high prices.

A Brit freind of mine has recently relocated his textiles business from the UK to Tangiers.

[allnewmorocco]

I like both Tangier & Tetouan having bought two units off plan their both have improved significantly since going their 3 years ago just need to sort Tangier port out now

The real key is their closeness to Spain in my opinion along with the new container port the area will be a hive of industry from a toursm and trade point of view with demand for housing from ex pats and locals pushing up prices

Also the fact the king has admitted the area has had significant under investment under his father and he's keen to put this right

[invest in morocco]

Originally Posted by RedSeaVision.com

I would like to get opinions on the best place to invest in Morocco. Like rental return, English friendly, food, easy flight access, and so on.

as a moroccan my opinion is that the best place to invest in morocco is tanger very nice city and u can fine everything there ,even us we doing a big project there and we looking for investors

[RedSeaVision.com]

Originally Posted by invest in morocco

as a moroccan my opinion is that the best place to invest in morocco is tanger very nice city and u can fine everything there ,even us we doing a big project there and we looking for investors

That is where I have decided to look.

[invest in morocco]

yes it is the best place to have project in so do u have any project there or u just looking to start there bcoz for us we looking for investors we have allready project and some investors and we need more bcoz it is a very huge project

[Zela]

I hope that tourism doesnt turn Morrocco into another English colony - why should one be seeing more of English food in a non English country. Such nonsense - I would like to see the Morrocco preserve its culture & religion and not become another anglicised industrial mess.

Originally Posted by JeanLiggett

Hi, Are we talking right now on in the next few years? I think in the next 2/3 years it will be Tangier. It's 16km from Spain, and easily accessible on the ferry. Once the port in the old town is redeveloped, cruise ships will be stopping there. /Also, the budget airlines will be coming in soon. The Moroccan government has recognised that northern Morocco has been severely under-invested for many years, and they are now playing catch up. The new port 35km east of Tangier is now open, and is reckoned over the next few years to become the biggest port in Africa. The government is marketing Tangier as a major business centre and a place for businesses to outsource resources, call centres, automotive and other skills and semi-skilled jobs. Nissan-Renault is opening a large auto plan in 2010. Tangier area has great weather and the cool breeze whereas Marrakech is oppressively hot. I think the English food will start to migrate to this area. Marrakech has had big price jumps already. So much more opportunity for Tangier. I find the people in Tangier to be very friendly. Tangier used to be an international city and a glamorous one before independence and it aspires to creating this again.

I hope this helps.

Jean