Morocco
Moroccan Real Estate Market Surges as Expats Return Home for Summer
Government initiatives and the massive return of Moroccans living abroad (MRE) are contributing to the revival of the Moroccan real estate market.
Topic
Real estate
Morocco
Tangier Tightens Regulations on Real Estate Development Near Forests
Restrictions are now being imposed on real estate developers who will obtain permits in the vicinity of local forests in Tangier.
Morocco
Morocco Cracks Down on Unpaid Taxes for Second Homes, Owners Face Large Bills
Tens of thousands of owners of second homes in Morocco have received tax notifications from the Treasury General of the Kingdom, demanding the payment of outstanding property tax and cleanliness tax.
Morocco
Morocco Real Estate Scam: Developer Flees After Selling Non-Existent Plots to Prominent Buyers
A real estate developer in El Jadida has defrauded many clients to whom he sold land that he does not own. Having fled, he is actively being sought by the justice system to answer for his actions.
Morocco
Moroccan Real Estate Market Seeks Boost from Expats as Summer Approaches
Real estate developers are counting on the summer season and Moroccans residing abroad (MREs) to get their market out of its stagnation. The latter are also among the beneficiaries of the new housing assistance program.
Morocco
Casablanca Ranks Among World's Most Expensive Cities for Expats, Mercer Report Shows
Casablanca is among the most expensive cities in the world for expatriate workers, according to Mercer’s 2024 ranking, published on Monday.
Morocco
Morocco Tightens Real Estate Tax Enforcement with New Sale Requirements
The tax administration has implemented a new measure to fight tax evasion in real estate.
Morocco
Moroccan Real Estate Tycoon Arrested for Multiple Bounced Checks Worth Millions
Businessman Mohamed H., a real estate developer in Casablanca, was arrested a week ago for issuing a dozen bounced checks to clients and partners.
Morocco
Morocco Tightens Real Estate Transfer Rules to Boost Tax Revenue
In Morocco, the tax administration has changed the procedures for the transfer of real estate, in order to increase the revenue from local taxes, the poor relation of the Treasury’s revenue.
Morocco
Moroccan Retailers Seek Relief from High Rents Amid Economic Crises
Severely affected by the Covid-19 crises in 2020 and the Ukrainian crisis in 2023, merchants can no longer bear their rental charges. They have shared their cash flow difficulties with real estate developers who rent them stores.
Morocco
Casablanca Real Estate Tycoon Arrested for $4 Million Check Fraud Scheme
Accused of real estate fraud for having issued a dozen checks without provision, Mohamed Jamal Lahjouji, director of the real estate company LC Building based in Casablanca, was arrested on Sunday by elements of the National Brigade of the Judicial Police.
Morocco
Wealthy Casablanca Real Estate Developer Arrested in Major Fraud Investigation
Elements of the National Brigade of the Judicial Police (BNPJ) arrested on Sunday in Casablanca a very wealthy businessman accused of real estate fraud.