Belgium
Belgian Politician Sparks Outrage with Comments on Moroccan Property Owners Receiving Benefits
Georges-Louis Bouchez, president of the Reformist Movement (MR), made comments deemed racist about "unemployed homeowners" in Morocco.
Topic
Real estate
Morocco
Moroccan Real Estate Developers Under Investigation for Undeclared Foreign Currency Payments
Real estate developers are accused of not declaring significant sums received from Moroccans Residing Abroad (MRE) for the purchase of apartments in Morocco.
Morocco
Casablanca Residents Prompt Closure of Unauthorized African Migrant Churches
Following complaints from residents of the Hay Hassani neighborhood (Casablanca) denouncing the transformation by migrants from sub-Saharan African countries of several garages and residential premises into unauthorized churches and temples, some owners have given up renting their properties.
Morocco
Morocco Launches Probe into Building Permit Irregularities in Major Cities
Suspecting irregularities concerning the issuance of building permits, the central services of the Ministry of Interior have reportedly sent requests for explanation to presidents of communes in the regions of Casablanca and Rabat.
Morocco
Morocco Launches Tax Probe into Expat Real Estate Investments Amid Money Laundering Concerns
Based on suspicions of money laundering from real estate professionals, the control services of the National Financial Intelligence Authority (ANRF) have launched investigations in the cities of Casablanca and Marrakech concerning certain real estate projects of the "office space" type.
Spain
Spain Ends 'Golden Visa' Program, Impacting Foreign Real Estate Investors
The Spanish government has ended the golden visa that allowed foreigners, including Moroccans, to obtain a residence permit if they invested at least 500,000 euros in real estate.
Morocco
French Town Sues Tangier Over Alleged Illegal Cemetery on Shared Land
The municipality of Tangier is once again agitated by a land issue. This time, a French municipality is accusing it of having transformed a plot of land belonging to it into a cemetery and has taken it to court.
Morocco
Former Moroccan Royal Estate in France Listed for Record $180 Million
Considered the most expensive property for sale in France, the former castle of King Mohammed VI, inherited from his father, the late Hassan II, located in Tournan-en-Brie (Seine-et-Marne), on a 1100 ha property straddling Tournan, Gretz-Armainvilliers and Favières, is looking for a buyer.
Morocco
Major Casablanca Bank Embroiled in Real Estate Loan Fraud Scandal
The internal control services of a major banking group based in Casablanca have uncovered irregularities in the granting of real estate loans to certain clients. Branch managers, client managers and loan analysts would be involved in this case of forgery.
Spain
EU Probes Spain's Tax Treatment of Foreign Property Owners
The European Commission is examining a complaint filed on March 19 against Spain, accused of fiscal discrimination against foreign owners renting out real estate. Moroccans (non-residents) owning real estate in Spain are affected.
Morocco
Moroccan Real Estate Scam Victims Protest After Court Hearing Postponed Again
The Bab Darna case, considered the largest real estate scam in Morocco, has seen a new development with the protest of victims in front of the Court of Appeal of Casablanca.
Morocco
Rabat Residents Protest Demolitions, File Complaint with Ombudsman
The residents of the El Mouhit (Océan) and Saniet El Gharbia neighborhoods in Rabat, affected by the ongoing demolition operations, have decided to refer the matter to the Ombudsman’s Office to inform him of the damages they are suffering from this situation.