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A Histroy and Investment Lesson - Kenitra

On the road linking Rabat and Tangier lies Kenitra along the Atlantic Ocean by the Sebour River.  Marshal Louis Hubert Gonzalve Lyauteyin founded Kenitra in 1912. He was the primary French resident general who converted Kenitra into a military fort in place of Larache.  It was under Lyauteyin’s rule when Kenitra was renamed Port Lyauteyin. In 1965 when the French relinquished Morocco over to Moroccan rule the name was changed into Kenitra.

Nowadays, Kenitra is still a very significant naval base and it is exporting grains, fruits, vegetables, citrus and zinc coming from the Midlet and cork souced from the Mamora forests.  The city also ventured into textile milling, tobacco processing, fish importation and fertilizer processing.

Mehdiya is located just outside Kenitra.  It is a town with a suitable beach flooded with tourists, especially during the months of July and August.  Though Mehdiya has probably nothing that special to write home about, there is a lot of scenery to look for.  This is like the ruined Kasbah which oversees a picturesque view.  For the bird lovers, bird watching would be a nice experience at the Lac du Sidi Bourhaba with the sight of the freshwater lake flowing.  These sights can be experienced by foot, although beware of the insects and wildlife.  The place is also a habitat for toads and frogs which croaks at sunset.

If you are spending the night at Kenitra, you can ride a taxi to Mehdiya going to Lac Du Sidi Bourhaba.  This is a nice place for a walk and sight seeing, most especially in the morning or late afternoons. There are not many Moroccans around the sea during summertime, so it’s like having the whole place all by yourself.  If photography is your hobby of choice, then Kenitra is the right place for you.  The breathtaking sceneries will literally take up your days taking picture after picture with the scenic views.  The wildlife and beautiful gardens are worth every film that you take.  You might even spot some flamingos, the African marsh owl and godwits in Kenitra during winter time.  The plants and flowers such as marigolds and brooms are abundant in the springtime.

Plage des Nations and the Jardins Exotiques is just about 22 kilometers from Kenitra.  Though this place is limited to bird watching, these locations have nice beaches to loaf around before heading back.  Swimming in the beaches here is a nice way to unwind, even women in skimpy bikinis don’t get bothered that much compared to other cities in Morocco.  This is also a great place for surfers.  Even though lifeguards are on duty, tourists should take note because the currents here are very strong.

Jardins Exotiques is a great place to visit while in Kenitra. This is an exotic garden situated just 5 kilometers from Plage des Nations.  The garden was started by a Frenchman named Fancois during the 1950’s.  The garden boasts of beautiful and very exotic plants that can only be found here.  Kenitra has all these beautiful activities that make a region where people can spend their day lying down with the sun, watching wildlife and taking a walk within the exotic gardens.

Today, Kenitra is an important and modern city.  In 1911, there was just one Kasbah that was used for the troops of Mahzen to take refuge in that was lost in the sands.  The troops needed a place to rest in while they were forced to walk in a very unsure country. The Petitjean Captain was killed in an engagement at Kenitra.  They brought the body back to the Kasbah. The mutiny of the troops happened on April 17, 1912 where they surrounded Sultan Moulay Hafid.

Kenitra’s Investment Potential

In the last year, Kenitra has made itself known to property investors in Morocco, Europe and most especially Britain. King Mohamed VI’s infrastructure and economic policies has greatly improved Northern Morocco’s market viability. In the newspapers distributed in London, you will see how it is projected the most British people and European’s will have owned a piece of property in Morocco by the year 2020. In Kenitra, properties are being sold at a much affordable price than its famed counterparts.

With all the beautiful places in Kenitra how will you look for just the right one? Here’s a tip, if you concentrate on the section of Kenitra where Moroccans from England are purchasing property then the choice won’t be so difficult. What’s more because that particular location in Kenitra is considered “hot” then it won’t be very difficult on your part if you wish to resell your property.

A luxury two bedroom flat is sold for just £60,000, and a long term tenant is not that hard to find either. A home owner will look at 10% yield annually. The holiday maker’s potential is substantial because Kenitra is not plagued by disasters such as typhoons or hurricanes. The weather is great all year round. In the winter, Kenitra becomes a surfer’s paradise.

There are plenty of lands and properties being sold in Kenitra today.  From the markets of Tetouan, Tangier Marina Smir, Martil, the Mediterranean coast, and lots more.  The market has an expandable growth and has created some wealthy investors in the area.  Today, investors are looking to get the hottest properties in Kenitra.  The market is growing and is rising continuously.  The city is getting more and more visitors and some potential investors now with the newly approved international port with free trading zone.  Once you get to see the place, you can see how fast the place is growing.

The government is really settling on the improvement of the economy by 2010 with foreign investors investing in the city.  There are new business establishments that are open everyday that encourages foreign visitors to invest in the city.  Lands today are currently undervalued with prices ranging around 20,000 pounds. The only competition that foreign investors have is from the Moroccans living outside Morocco and from locals themselves. 

Kenitra is a beautiful place, people are very friendly, the beaches are amazing, and they have very delicious food. Kenitra real estate prices will have sustained growth over the next five years, prices are continuously escalating.  Invest now and see your money’s worth and watch it grow.  Kenitra is the best place to invest overseas.  The market is reaching its higher potential.  So the best place to invest is Kenitra and the best time to invest is now.

 
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Newsflash

The Moroccan city of Tetouan is located a few miles south of the Strait of Gibraltar and southeast of Tangier. It is the capital and cultural centre of the region Tangier and the only open port of Morocco on the Mediterranean Sea. The Jews comprise about a fifth of the 320,539 inhabitants since 2004.

Their language is Moroccan Darija-Arabic and Berber-Tamazight.  They do not use Arabic as their national language.  This is although Spanish and French are still widely used by the intellectuals and the business people.  Considering that the main religion is Islam, there are those who practice Judaism and Christianity as well.