A dramatic headline maybe, but when you buy property in Marrakech you are purchasing a little bit of Moroccan magic. Shrewd investors in Marrakech are also buying properties with attractive prices and excellent rental/capital appreciation potential.
This enchanting city has been attracting property buyers for several decades. Even before the present boom in Moroccan real estate, travellers, beguiled by the city’s charms have been tempted to invest in Marrakech properties. For these early Marrakech property pioneers, traditional riads were the homes of choice; in fact, so popular has buying riads become, that even the most run down riads can command eye-popping price tags.
However, all is not lost; Marrakech still has properties within the budget of many overseas investors. The recent construction of several stylish city centre apartment developments have come just in time to give those who have missed out on the traditional riad option an opportunity to purchase modern, but none the less attractive Marrakech properties.
It’s true that these new apartments in Marrakech don’t exactly have the old world charm of the citiy’s exotic riads, but with a modicum of interior design flare and bit of hard haggling in the local souk, it wouldn’t take much effort to transform your newly acquired purchase into a living space capable of evoking the full favour of traditional Morocco houses. Furthermore, these eye-catching Marrakech properties have all the modern conveniences and comforts expected of 21st century homes.
With this in mind, Moroccan Sands have some fabulous Marrakech property investments. So forget traditional (and now overpriced) riads; instead, why not take a look at the high spec, centrally located Les Terraces de Gueliz apartments which will give you a luxurious taste of the great properties and great prices available in Marrakech. And remember, buyers of Marrakech properties get a free exotic location with every purchase!