Morocco
Morocco's Housing Boom: Young Buyers and Expats Fuel Government Aid Success
The government’s direct housing assistance program continues to generate strong enthusiasm among Moroccans, particularly Moroccans living abroad.
Topic
Real estate
Morocco
Luxury Home Dream Turns Nightmare: Massive Real Estate Scam Exposed
Victims of a vast real estate fraud involving a developer and a notary, families residing in the Fatima 2 residence have filed a complaint with the King’s Prosecutor.
Morocco
Tax Crackdown Targets Morocco's Hidden Wealth
The Directorate General of Taxes (DGI) has decided to bring out of the shadows certain taxpayers who were escaping the tax radar, while displaying outward signs of wealth (purchases of luxury cars, significant real estate transactions and well-stocked bank accounts).
France
Tragic Discovery: Elderly Tenant Found Dead Years After Rent Payments Ceased
The police and a bailiff discovered the body of Mohand Alouache, an elderly man of nearly 85 years old, whom they had come to evict from his housing in Montrouge due to unpaid rent. The octogenarian had been deceased for more than two years.
Morocco
Municipal Land Grab Scandal Rocks Morocco's Local Governments
Faced with attempts by several municipalities to approve suspicious transfers of municipal land in favor of individuals close to elected officials or retired civil servants, the Ministry of the Interior has dispatched central investigation commissions to examine controversial transfer operations that could undermine the integrity of the land assets of local authorities.
Morocco
Moroccan Tycoon's Quebec Estate Fetches Staggering $14.5M
In Quebec, a vast domain belonging to Morocco’s richest man, Othman Benjelloun, CEO of Bank of Africa (BOA), has been sold at a high price.
Morocco
Morocco's Tourism Boom Sparks Airbnb Dilemma, Threatens Housing Market
Tourism is a major pillar of Morocco’s economic growth, but the "all-tourism" strategy could in the future lead to a real housing crisis, as Airbnbs are not yet regulated by law.
Morocco
Morocco's Building Permit Scandal: Coastal Chaos and Political Corruption
In Morocco, serious irregularities have been reported in the issuance of building permits during the summer, particularly in the Casablanca-Settat and Marrakech-Safi regions. Several commune presidents, as well as local elected officials, are said to be involved in these frauds.
Morocco
Marrakech's Hidden Gem: Inside Jamel Debbouze's Lavish Riad Retreat
French-Moroccan comedian and actor Jamel Debbouze and his wife, French journalist Mélissa Theuriau, own a magnificent riad in Marrakech where they got married.
Morocco
Corruption Crackdown: 20 Moroccan Mayors Face Suspension in Nationwide Real Estate Scandal
Suspected of embezzlement in real estate matters at the level of six major cities in the kingdom, twenty commune presidents will soon be suspended from their elected functions. Other cases will follow, as more than 40 missions currently initiated by the Ministry of the Interior, following complaints, would also have identified numerous dysfunctions and excesses.
Morocco
Billion-Dollar Tax Scandal Rocks Morocco's Real Estate Sector
Tax inspectors from the General Directorate of Taxes have intensified their investigations after receiving serious information concerning tax evasion of several billion dirhams in the real estate sector on the Rabat-Casablanca axis.
Morocco
Marrakech: French Retirees' Paradise for Affordable Luxury Living
Many French retirees prefer to spend their golden years in the city of Marrakech to enjoy a better quality of life at a lower cost.