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Rock the casbah! Morocco is being heavily hyped to property investors, but is it all just hot air..?

Rock the casbah! Morocco is being heavily hyped to property investors, but is it all just hot air..?
26th June 2007

By Tony Booth

They say, unlike some other less favourable countries, Morocco also has an established rental foundation in its migrant workforce.

But does this really make the country ripe for high property yields or is it just a lot of marketing spiel by politicians and developers?

Morocco gained independence from France in 1956 and, in the last few years, the French seem to have been systematically buying it back acre by acre.

The coasts have always been popular resorts for French tourists and there is a very established infrastructure that now serves them, including French guesthouses, newspapers and magazines, health centres, bars and coffee shops.

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