Advertisements for seized real estate properties sold at low prices at auction are multiplying on social networks in Morocco. Presented as lucrative opportunities under catchy titles, these sales hide a complex social reality, marked by an increase in mortgage defaults.
The construction and public works (BTP) sector in Morocco is facing a shortage of skilled labor, a situation exacerbated by the major construction projects launched in preparation for the 2025 Africa Cup of Nations and the 2030 World Cup.
The Moroccan real estate market is sluggish. The number of transactions has dropped by 21.2%. As for prices, they have remained stable, with a 0.1% increase for the residential sector.
A letter sent from prison by an incarcerated drug baron as part of the dismantling of a drug trafficking network is causing difficulties for a notary in Kenitra.
Rental properties in the provinces of the Balearic Islands (29.1%), Alicante (27.4%), Malaga (25.7%), Santa Cruz de Tenerife (21.9%) and Las Palmas (19.2%) have attracted "significant" interest from foreigners, including Moroccans, during the first quarter of this year, according to the latest study by the real estate portal Idealista.
Many young Moroccans in search of employment are rushing to Marrakech to build a better future. But they are quickly confronted with a housing crisis and soaring rents.
In Casablanca, the relocation of the Bouih slum located in the Aïn Sebaâ neighborhood is not well received by the slum residents. They denounce "dubious maneuvers" within the framework of the real estate project intended to rehouse them before the demolition of their precarious dwellings.
Selling land or an apartment in Morocco can hold an unpleasant surprise. Weeks after the signing, the tax authorities send an additional invoice to many sellers. Some even end up losing money on the transaction. What is the cause of these unexpected tax adjustments?
The Moroccan real estate market is going through a major crisis, marked by weak demand and declining sales. The sector is also facing a general rise in prices.
Owning property in Morocco or receiving rental income involves complying with several tax and reporting obligations. For Moroccans residing abroad (MREs), these steps are sometimes forgotten, leading to penalties and complications. Here are the five most important ones to never neglect.
Selling real estate in Morocco may seem simple, but for Moroccans residing abroad (MREs), certain tax rules are often misunderstood. The result: costly mistakes that lead to tax adjustments or penalties. Here are the five most common ones.
The Moroccan tax system provides several tax breaks for Moroccans residing abroad (MREs). However, many are unaware of certain provisions that can significantly reduce their taxes. Here are five little-known but very useful benefits.