London – For investors interested in the buy-to-let sector, Morocco offers good investment opportunities, as this business is likely to prove a profitable move in the country, according to the UK-based foreign exchange money broker Hifx.
Quoting Nik Kapur, director at one of the business agencies, Hifx wrote that the housing market in Morocco has been steadily growing over recent years, marked by a huge demand for rental homes.
³Average yields are far higher than can be found in most developed countries,² director of M2Morocco.com said, stating that ³there is a strong demand for holiday lettings in tourist hotspots like Marrakech.²
Among the key attractions that the Moroccan market provides is the tax advantages that aim to soar interest, Kapur noted.
Kapur added that the Moroccan market has had chance to be ³largely insulated² from the ³ongoing turmoil² of other global markets.
Last modification 09/10/2011 01:43 PM.
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