Asilah – an emerging investment Mustapha Mezouri is the founder of Property Borders which is London based Moroccan agency has said location in Morocco
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Asilah – an emerging investment location in Morocco
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Morocco Property investment is one of the world’s most emerging overseas real estate markets. Holiday property investors are looking for the Asilah, which is often referred to as ‘Tuscany of morocco’ and is one of the most beautiful old cities of Morocco, well preserved and ideally located along the cliffs towards the Atlantic Ocean, offering stunning panoramas to the sea.The Portuguese conquered the city during the 15th Century, but later decided to abandon it because of an economic crisis in 1549. In 1692, the town was taken back by the Moroccans. Asilah was a part of Spanish Morocco till 1956. Asilah was finally got back by the Moroccans in 1956.
Select Language Chinese Arabic French German Italian Japanese Korean Portuguese Russian Spanish English
Morocco Property investment is one of the world’s most emerging overseas real estate markets. Holiday property investors are looking for the Asilah, which is often referred to as ‘Tuscany of morocco’ and is one of the most beautiful old cities of Morocco, well preserved and ideally located along the cliffs towards the Atlantic Ocean, offering stunning panoramas to the sea.The Portuguese conquered the city during the 15th Century, but later decided to abandon it because of an economic crisis in 1549. In 1692, the town was taken back by the Moroccans. Asilah was a part of Spanish Morocco till 1956. Asilah was finally got back by the Moroccans in 1956.
Mustapha Mezouri is the founder of Property Borders which is London based Moroccan agency has said that asilah is stunningly beautiful with its surrounding landscape and not only investors but also musicians, artists all over the worlds visit Asilah’s annual arts festival. He said that in recent year’s visitors and investors have begun to realize that property in asilah has a lot to offer and is sure to prove a wise investment. Mayor Mohamed Benaissa is also the ambassador to the US has helped has helped to kick start this property boom by the inaugurating the arts festival in the 70’s. Dubai based Emaar launching their luxury development Tinja and Al Houara resort being developed by Qatar based company Qatari Diar underlines the value of property market in this region.
Mustapha Mezouri further said even though the prices on the luxury Paradise Golf & Beach Resort and the 5 star Tanjah Beach & Golf Resort has increased over 30% there is still plenty of demand. Due to expansion in the market Property Borders expect increases growth rates of at least 20% this year. Renault investing 600 million euros for car production in this region and is expected to create 6000 new jobs further adds to the interest of property investors.
Property Borders has launched Sunset Resort North of Asilah which is going to have 400 apartments and many duplexes with panoramic ocean views and walking distance from the beachfront. Sunset Resort prices start at only £52,088 but price increase is likely to happen due to high demand. This could be the one of the last bargain developments in Asilah, fondly called by Moroccans as the ‘Tuscany of morocco’.
Mustapha Mezouri further said even though the prices on the luxury Paradise Golf & Beach Resort and the 5 star Tanjah Beach & Golf Resort has increased over 30% there is still plenty of demand. Due to expansion in the market Property Borders expect increases growth rates of at least 20% this year. Renault investing 600 million euros for car production in this region and is expected to create 6000 new jobs further adds to the interest of property investors.
Property Borders has launched Sunset Resort North of Asilah which is going to have 400 apartments and many duplexes with panoramic ocean views and walking distance from the beachfront. Sunset Resort prices start at only £52,088 but price increase is likely to happen due to high demand. This could be the one of the last bargain developments in Asilah, fondly called by Moroccans as the ‘Tuscany of morocco’.
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