The property market in Morocco has for many years been unfairly linked with other unstable North African and Middle Eastern countries. This has resulted in a significant drop in property values.
However, as time goes by and so many other countries including Turkey, Tunisia and Egypt to name just a few become 'no go areas' property investors or people looking for second homes have started to look at Morocco again as a sensible and safe place to invest.
This autumn Marrakech hosts The United Nations’ Climate Action conference COP22 which will showcase Morocco and particularly Marrakech to the world. The event will provide a welcome boost to what has been a slow market over the past couple of years with only a slight increase in property prices, in Q4 of 2015 residential property prices were only up by around 0.7% with house prices slightly ahead of apartment and villa prices.
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