Morocco
Moroccan Expats Embrace King's New Housing Assistance Program
Moroccans residing abroad (MRE) are among the 8,500 beneficiaries of the new housing assistance program launched by King Mohammed VI last October.
Topic
Real estate
Morocco
Tangier Cracks Down on Illegal Construction: Officials Suspended, Dismissed
The authorities in Tangier have decided to crack down on the increase in illegal constructions. Dozens of authority agents with the rank of "Moqaddem" and "Cheikhs" would have been suspended or dismissed on the basis of worrying reports.
Morocco
Moroccan Home Buyers Shift Focus to Affordable City Center Properties
Housing demand has seen a change in Morocco. Buyers are increasingly favoring homes located in the city center and costing close to one million dirhams.
Morocco
Tangier's Ancient Caves of Hercules at Risk from Nearby Construction Projects
Real estate developments including hotels constitute a real danger for the Caves of Hercules in Tangier. It is urgent to protect this archaeological, mythological and tourist site.
Morocco
Morocco Ranks 5th in Africa with Nearly 7,000 Millionaires, Report Finds
Morocco is one of the African countries with the most millionaires, according to a recent report.
Morocco
Major Real Estate Fraud Ring Uncovered in Tetouan, Morocco; 21 Arrested Including Notary and Ex-Mayors
A vast real estate fraud case involving 21 people, including a well-known notary in the region and former mayors of the commune of Martil, is in the hands of an investigating judge at the Tetouan Court of Appeal.
Morocco
King of Morocco's Former French Castle Listed for Record $460 Million
In France, 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, has been put up for sale for 425 million euros.
Morocco
Real Estate Scandal Rocks Moroccan Housing Cooperative, Sparks Investigation
In El Mansouria, a housing cooperative led by an elected member of the Party of Justice and Development (PJD) is at the heart of a real estate scandal, after accusations of "misappropriation of funds", "breach of trust" and "fraud". The gendarmerie services of Bouznika are conducting an investigation to shed light on this case.
Morocco
Morocco Cracks Down on Illegal Construction, Minister Urges Streamlined Regularization
The Minister of Territorial Planning, Urbanism, Housing and City Policy, Fatima Zahra Mansouri, informed the directors of the urban agencies of the difficulties noted in the implementation of the procedure for regularizing illegal constructions, urging them to be more diligent in processing the files.
Spain
Spain Scraps 'Golden Visa' Program to Tackle Housing Crisis
The Spanish government announced on Monday the abolition of the "golden visa" program that granted residence to foreigners, including Moroccans , investing in real estate. This decision aims to fight against the surge in housing prices and to promote access to affordable housing for Spanish citizens.
Spain
Moroccan Buyers Surge in Spanish Real Estate Market, Ranking Third in Castellón
Moroccans are among the top foreign buyers of homes in Castellón, in eastern Spain.
Belgium
Social housing fraud: Belgium is tracking down Moroccans
In Flanders, the axe has fallen on nearly 500 social housing tenants, including Moroccans, who were unmasked as owners of real estate abroad within three years. A figure that represents more than half of the cases checked and highlights a fraudulent system with international ramifications.