Why Tangier Real Estate?
If you, like many investors, are looking into real estate in Morocco you may be choosing from real estate in Tangier, Marrakesh and Casablanca among other cities. It may not be easy to choose among these locations because each contains some great property choices. Some of the most popular real estate in Morocco is in Tangier; Marrakesh; Casablanca and Fez.
Savvy investors are leaning towards real estate in Tangier. Tangier is the most cosmopolitan city in Morocco and has a strong economy and infrastructure. Foreign investors are pouring money into the area and tourism is robust. In fact tourism is one of the main reasons foreigners are investing heavily in real estate in Tangier.
Home Choices
Real estate in Tangier is a great investment. There are basically two types of real estate in Tangier that investors are buying. There are traditional homes in the historic areas of the city and there is newer construction in resort-like complexes.
Choices: Traditional Homes
The traditional homes are typically in need of refurbishing. For an investor willing to put the time and money into refurbishing one of these traditional homes they are proving to be a sound investment. The homes are available at close to rock-bottom prices and they jump significantly in value when the refurbishment is completed.
Choices: New Construction
The new construction being built is typically being done in resort-style complexes. These stunning complexes are built with luxury in mind and contain all the amenities that vacation and holiday travelers look for. These are proving to be a very sound investment for people looking for real estate in Tangier that can be rented.
Economy and Infrastructure
Real estate in Tangier is proving to be an excellent investment. The economy of Tangier is strong and the infrastructure is solid. Foreign money being invested in the city is resulting in an improvement in the infrastructure of the city especially in the segments of the infrastructure that supports the tourism industry.
Tangier has a very strong economy with the primary industries being tourism; mechanical/chemical; naval and agriculture. There are sufficient job opportunities to make Tangier’s economy strong and keep property values and the quality of life up.
Culture & Education
Tangier is a great city with plenty to see and do. Tangier also boasts five different educational systems including: Arabic, American; Spanish, French and British. This makes integration into the city easy for people relocating to Tangier.
There are many cultural attractions in Tangier. The city has attracted artists and musicians for decades and continues to do so. Some of the most famous writers and artists have visited and continue to visit Tangier.
Bottom Line
The bottom line when it comes to real estate in Tangier is that investing in the city makes sense. With many really good deals remaining on the market, savvy investors are engaging real estate professionals to keep an eye out for a good deal. You can find some great real estate in Tangier and there is no time like the present to invest in property in Tangier.
Filed Under: About Tangier
