Sotheby's International Realty opens first office in Morocco

Sotheby’s International Realty, which is already present in approximately 1,000 offices in 75 countries worldwide, announced on 28 September the opening of an office in Morocco, the first one in Northern Africa. Morocco Sotheby’s International Realty, located in Marrakech, is owned and operated by David Chicard. It will service the surrounding region, with plans for future expansion in Essaouira, Tangier and Rabat. The office will be led by Nicolas Beguin who has lived there for almost 20 years.

The president of Sotheby’s International Realty Philip White says about Morocco that it « offers a stable and inviting environment for global investors ». Many Americans, Middle Eastern and investors come there because of its proximity to Western Europe. Moreover, the region offers a cost-effective alternative to Europe and many coveted luxury properties: villas with golf, riads located in the historic heart of the city etc.

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