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Welcome to TheMoveChannel.com Morocco News Homepage, where you can keep up with all the latest Moroccan property news, covering a range of property investment, real estate industry and personal finance news topics. If you like our news, why not sign up to one of our newsletters or RSS feeds and read it every day!Top of the Props: Spain reclaims property crown
Photo credit: Dale Musselman
Spain has reclaimed its property crown, according to the latest Top of the Props report from TheMoveChannel.com. Following America's unexpected victory in November, US property fell in popularity last month, dropping three places in the overseas portal's chart.
That dip was all Spain needed to soar back to top spot, along with several other property stalwarts. After buyers seemed to flock to America to avoid Europe's troubled markets, Spain, Portugal and France charged up the table, pushing America down to fourth. In total, the top three destinations accounted for just over a third of all enquiries on the site in December.
Latest Morocco News
The world's housing markets had a weak third quarter of 2011, according to the latest survey of worldwide house price indices prepared by the Global Property Guide. During the year to end Q3 2011, house prices fell in 25 countries (out of the 44 for which quarterly house price statistics are available) and rose in only 19.
Morocco continues to expand into the luxury gold resort market, announcing plans this week to open a new world-class golf course called The Marrakech Golf Club, Assoufid, in March 2012. The development includes a luxury, 98-room Rocco Forte Collection hotel and spa, and “a sumptuous clubhouse.”
Domestic and international demand has helped boost growth in the Moroccan property market, it has been asserted.
The terrorist bombing of a Marrakech cafe in April, which left 16 people dead, dealt another blow to Morocco's struggling holiday-home industry.
In the context of identifying new areas of mutual cooperation and developing close relationships with Europe, the Moroccan Office of Industrial and Commercial Property (OMPIC) launched on June 14, 2011 a project funded by the European Union (EU), according to Margreb Arabe Press.
No less than 13 new golf courses are due to open in Morocco over the course of the next three years, the country's national tourism office has revealed.
The international hotel brand has opened its latest property in the Moroccan seaside town of Essaouira.
The UK's national carrier will launch regular flights to Morocco from March next year.
Samanah Country Club has announced that its new Golf Club House will finally be opened next month at the foot of the Atlas Mountains just 15 minutes from the heart of Marrakech...
Middle East based developers are increasingly looking to North Africa where demand for real estate is expected to grow both from nationals and foreign investors...
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