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MOROCCANS OVERSEAS TO BENEFIT FROM GOV. MORTGAGE LOAN GUARANTEES

La vie economique MoroccoBoard News 26.06.2009
MOROCCANS OVERSEAS TO BENEFIT FROM GOV. MORTGAGE LOAN GUARANTEES

Loan guarantee for up to $100,000 & up to 25 years. The Moroccan government recently decided to give Moroccans Living Overseas the opportunity to benefit from the guarantee Fogarim" for their home loans.

Real estate downturn boosts Morocco slum clearance

Tom Pfeiffer and Zakia Abdennebi Reuters 27.04.2009
Soaring real estate prices shut out Morocco's middle class

Moroccan private company manager Slimane Belhouat has been trying to buy a house for five years. Even with a monthly income of 12,000 dirhams – in a country where the average citizen earns 1,344 MAD each month – he is currently unable to obtain a loan to buy a flat in a decent and quiet area in the capital.

Children play in Sidi Moumen slum in Casablanca February 20, 2009.

SIDI MOUMEN, Morocco (Reuters) - A slumping world real estate market has given new impetus to Morocco's plans to demolish its shanty towns, where decades of state neglect have bred despair and religious extremism.

Morocco Urban Outfitters

Morocco News Line 31.03.2009
Investment property in Morocco released with guaranteed returns

A global property sales group has released an exclusive investment offer in Morocco, with homes currently listed at 25 per cent below market value. The north African apartments project is in phase three of a development called Blue Pearl Golf Resort, Saidia, and is close to a ‘David Lloyd’ tennis academy.

Morocco Urban Outfitters

Morocco's large construction initiatives are continuing as planned, with both public and private projects breaking new ground. The year 2009 will see a number of improvements to major metropolitan areas and infrastructure throughout the kingdom, with a particular focus on new strategies of urbanisation.

Morocco's Addoha sees big sales gain in 2009

Tom Pfeiffer Reuters 30.03.2009
Morocco's Addoha sees big sales gain in 2009

Says 2008 profit leaps 65 pct despite one-off provision * Sale commitments point to big increase in 2009 turnover (Adds detail on property type, Moroccan economy, analyst

Moroccan developer CGI 2008 net profit up 38 pct

Moroccan real estate developer Cie. Generale Immobiliere reported 38 percent growth in 2008 net profit as new projects came to fruition and said the global economic crisis would not disrupt its plans.

Lafarge sees Morocco cement market growing in 2009

* Lafarge sees state housing supporting Morocco cement mkt * Says has capacity to meet any pick up in demand

Moroccan developer CGI 2008 net profit up 38 pct

- Moroccan real estate developer Cie. Generale Immobiliere reported 38 percent growth in 2008 net profit as new projects came to fruition and said the global economic crisis would not disrupt its plans.

Morocco fights rising tide of fraud John Thorne, The National





 
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