Built by the French in 1929 and known as Morocco’s Switzerland, the wintersport resort Ifrane is now a popular destination for the Moroccan’s. Located at 1.650 meters. Ifrane could well be located in the Alps. Here’s another look at Ifrane, real-estate and property development projects in the style as we saw in Dubai-UAE, though on a modest scale.
Morocco’s wintersport resort Ifrane
Ifrane in Morocco is located on a flat plane at 1.650 meters in the Atlas mountains. High enough to get it’s fair share of snow for wintersport action. Even in may 2010 it can be a cold place, reaching just 10 degrees with wind and rain. Ifrane is located near two big imperial Moroccan cities, Meknes and Fes – just an hour drive away.
|Ifrane in Morocco, wintersport resort on a flat plane at 1.650 meters|
Property – real-estate boom in Ifrane, Morocco
While looking for the road to Marakkech – which is not sign posted – we ended up in the construction area of Ifrane.
|Ifrane in Morocco, luxury villa construction in May 2010|
It felt a bit like being back in the UAE – construction activities all around with glossy big billboards announcing the construction of luxury villa’s in Ifrane. And there is an Arabian Gulf connection here - CMKD has roots in Kuwait. (Consortium Maroco Koweitien de Développement)
|Real estate / property development by CMKD a joint Moroccan - Kuwaiti project|
Deserted area in Ifrane of new unused villa’s
Same as in the UAE – we drove through an area with lots of empty villa’s. Most of them looked unused, never sold and already in a state of decline with the weather eating away at the paintwork.
|New and unused, deserted villa's in Ifrane.|
With construction still continuing at Ifrane, the impression is the same as in Dubai.
There might soon be a time of consolidation and real-estate property price decline arriving in Ifrane, if it’s not going on already. At least some of the cranes where still moving – one of the indicators in Dubai for property development progress.
|Construction cranes still moving in Ifrane, Morocco|