Morocco
Morocco Imposes Fines for Late Self-Construction Cost Declarations
Substantial fines will be imposed on people engaged in "Self-construction" projects in case of late declarations of the cost of their work.
Topic
Real estate
Morocco
Moroccan MP Ousted Over State Land Misappropriation Scandal
A member of parliament was stripped of his mandate for his involvement in cases of spoliation of land belonging to the state, the forest domain and the Ministry of the Interior (collective lands). This is revealed by a recent report from the General Inspection of Territorial Administration (IGAT).
Morocco
Cash Payments Resurge in Tangier's Real Estate Market
Major real estate developers have resumed cash payments in commercial transactions related to the sale and acquisition of real estate in Tangier, after the relaxation of the strict measures that had accompanied the tax amnesty.
Morocco
Former Moroccan Royal Castle in France Listed as World's Most Expensive Property
The former castle of King Mohammed VI, inherited from his father, the late Hassan II, located in the commune of Gretz-Armainvilliers, in Seine-et-Marne, is the most expensive in the world. The jewel has been put up for sale at a high price.
Morocco
Historic Casablanca Building Demolished, Sparking Resident Outrage
The authorities of Casablanca proceeded on Friday to the demolition of the historic building in the L’Anfa neighborhood. A measure that has aroused the anger of the residents.
Morocco
Morocco Tightens Real Estate Tax Regulations for Investment Properties
A new circular has been addressed to the land registry conservators regarding the payment of value-added tax (VAT) on investment properties.
Morocco
Marrakech Real Estate Prices Surge Amid Tourism Boom and Rising Costs
In Marrakech, real estate prices have continued the upward trend that began in early 2024. This increase is due to the rise in labor costs, construction material prices and a sharp increase in demand. As for land, prices have almost tripled in recent years, causing concerns.
Morocco
Morocco World Cup Stadium Project Drives Massive Spike in Local Land Prices
Land prices have risen considerably in the province of Benslimane in recent months, reaching up to 1,000 dirhams/m². Several factors justify this price surge.
Morocco
Morocco Rental Income Tax Deadline Looms for Airbnb and Booking Hosts
Moroccan taxpayers, owners of real estate, have only a few days left to declare their rental income and pay their royalties. As of March 1, late payers will face the rigors of the law.
Morocco
Moroccan Real Estate Developer Faces Trial for Alleged Fraud Against Expatriates
The trial of a major real estate developer should open in the next few days before the criminal court of first instance of Aïn Sebaâ in Casablanca. He is involved in a case of "abusive seizures" of 47 properties belonging to members of a housing association of Moroccans residing abroad (MREs).
Morocco
Morocco Grapples with 1.1 Million Vacant Homes Amid Housing Crisis
Many vacant homes are recorded in Morocco. The government of Aziz Akhannouch is working to find a solution to this problem.
Morocco
Court Awards Man Half of Ex-Wife's Property in Moroccan Divorce Case
The court of first instance in Sefrou ruled in favor of a man who sued his ex-wife in court to claim half of a real estate property.