Sotheby’s International Realty announced on September 28 the opening of an agency in Marrakech to offer its luxury real estate services to customers in the Kingdom. Morocco becomes the first country to the presence of Sotheby’s International Realty in North Africa.
The Moroccan office of Sotheby’s International Realty will be headed by Nicolas Beguin, who has lived in Morocco for nearly 20 years. He will cover the high-end residential property market in Ochre City, with plans for future expansion to Essaouira, Tangier, and Rabat.
Marrakech is a promising global city with a growing high-end segment. For Philip White, President, and CEO of Sotheby’s International Realty, Morocco offers a stable and welcoming environment for international investors. “Morocco has a variety of highly desirable properties that meet the interests and requirements of all buyers,” he added.
Note that the portfolio of Sotheby’s International Realty of Morocco will be marketed through the global site sothebysrealty.com.