Buy into the exotic Morocco Property Market

There can be few countries in the world which had suffered a worse press than Morocco over the years. This slightly mysterious and enchanting land is seen by many as the gateway between Africa and Europe, and while it has taken some time for the tourist market to pick up, we are seeing signs that the country is on the up. There are more and more tourists visiting year on year and ambitious plans to expand the tourism sector still further. So what is happening on the ground in Morocco, why the big change in image?The real catalyst for the recent change seems to have been the appointment of King Mohammed VI, who took the reigns in 1999 determined to push Morocco more into the limelight and increase the profile and wealth of the country. The focus on the tourism sector came about in 2001 which saw the release of Vision 2010, a very ambitious plan to increase tourist number 5 fold and create 600,000 new jobs in the tourism sector. At the time the country was more of an attraction for the so called hippy brigade, but since the announcement of the plans there has been a massive increase in the more traditional area of tourism the mass market have arrived in Morocco!While the country has a very active history, having been under the control of both the French and Spanish at various times it has always remained true to its Arab roots. Morocco is a strong Islamic country which many see as part of the reason for the creation of many urban myths, rumours and untruths about the region. Until recently the Islamic way of life was very much a mystery to those in Europe and other parts of the world, but as cultures converge and interest increases, Morocco seems set to benefit greatly from increased interest in the region.In an interesting development, many are actually comparing the current situation in Morocco with that of Dubai, prior to the massive investment programs which are under way. The land has culture, it has history and there is most definitely room for improvement in the standard of living for many. A number of those property developers who were in Dubai in the early days have moved on to Morocco, where we are seeing a vast number of property developments springing up on a regular basis, with billions of dollars being invested.As you would expect from a modern day tourist attraction, we are also seeing the building of a large number of golf courses and surrounding developments. It may surprise many to learn that gold is one of the more popular pastimes in the country, and actually hosts a number of well known golf tournaments. It is also interesting to note that the ruling government in Morocco have appreciated the need for an understanding tax situation at an early stage, preferring to attract travellers and developers rather than hit them with high taxes. Morocco has more to earn from an increasing tourist trade than tax income at this moment in time.This article was written by Adam Samuel of Nubricks.com an overseas property blog where you can find more articles about Morocco properties.