According to international agents, luxury and prime property in Morocco, particularly in the cosmopolitan city of Marrakech, is in high demand from discerning professional investors and second home owners from around the globe, who are seeking a relatively lower-risk real estate investment in a country less affected by the recession than others like the UK and USA.
The Jawhar Resort, Spa and Private Residences – a luxury destination resort developed by Aerium Atlas Management and managed by Monte-Carlo SBM, the resort operator behind some of Monaco’s most glamorous casinos, restaurants and hotels – is an example of a new standard of real estate that is being created in Marrakech to cater to this burgeoning demand and is receiving significant interest from the international elite since its launch last November.
source: menareport
