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Off Plan Properties in Tangier

About Tangier

The city, once Morocco’s leading destination, attracting a bohemian crowd of artists and writers, is investing millions of euros in capital projects designed to turn this gateway to Africa, just 17 kilometres from mainland Europe, into a major player in the property and tourism markets.

Tangiers’ decline from its 1950s heyday meant it became a virtual no-go zone for many property buyers. King Mohammed VI, has worked hard since 2001 to reverse these four decades of neglect. King Mohammed has big plans for a city which he calls the ‘‘gateway to Africa’’ and where he holidays every August with his family.

As part of his audacious Vision 2010 plan, he wants to increase tourism to Morocco fourfold to an annual ten million visitors with six planned beach resorts along the 2,170 mile coastline.

A new wadi (mayor) was appointed in Tangiers, the same man who had transformed Marrakech into a tourist hotspot. He tore down illegal buildings, tackled the thriving black market and cleaned up the city. Major infrastructure projects include a €1.4 billion new port set to become the largest in Africa, a new motorway linking Casablanca and Tangiers and a recently announced €1.6 billion TGV train line linking Marrakech and Tangiers.

‘‘Tangiers is like an old lady who has finally had a face lift,’’ said Khadir Amraoui, director general of the Tangiers Tourist Board. ‘‘The assets were always here but they were well hidden. Now there are plans to add another 29,000 beds in the Tangiers and Tetouan region, and the coast from Asilah to the new port is ready for careful development.”

‘‘Buyers who might have looked to Spain but think the market there is saturated should consider Tangiers,” said Majid Bennouna of Dubai-based developers Emaar. ‘‘Prices here are more affordable with high-quality build, good facilities and importantly, proximity to both Europe and exotic cities like Marrakech and Casablanca.”

 

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