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coalmine
British push into Morocco gains momentum.
Very interesting , lets hope Morocco doesn't become overpopulated like other turistic areas,, but of course it wouldn't hurt and might bring more job opportunities for moroccans.
Anyone watching the property market in Morocco will be aware of just how strong the British foray into the market is. In the first phase a lot of the attention was on the riads and dars in Marrakech, Fez and Essaouira, but then came the opening up of the Moroccan coastline to major development projects.
With larger players entering the market, competition has heated up and incentives, such as free flights to inspect property are being offered. One of the players worth keeping an eye on is Property Borders. Not only do they have Mustapha Mezouri, a Moroccan, at the helm, but they have also taken a lot of time and trouble in designing a strong web presence. Mezouri's local knowledge is being touted as "Moroccan Hospitality With British Professionalism". A smart move.
Although their highly professional site is eye-catching, there are still a lot of gaps in the areas where properties could be available, but we expect that to improve in the near future.
The next year should be an interesting time in the top end of the Moroccan property market and we can expect to see new players arrive and possibly some of the less professional leave. One thing is for certain. Competition will get tougher. We will keep you posted.
You can check out the Property Borders website here: Property Borders
Posted by Samir The view from Fes.
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