The purchase of housing in Morocco could well experience a new boost. Fatima Zahra Mansouri, Minister of National Land Use Planning, Urban Planning, Housing and City Policy, hinted that new provisions were emerging to facilitate access to home ownership.
A general rise in rents has been observed in Morocco, whether for apartments or villas, and in most cities. Let’s take a closer look.
Real estate supply would be abundant and prices affordable, according to professionals and notaries, throughout Morocco. The reality is quite different.
The first quarter of 2023 was marked by a decrease in real estate supply in Morocco, particularly by 9.3% for apartments, both new and old, according to the latest analysis of the real estate market carried out by Mubawab.
Variations have marked the real estate market in Casablanca during the first quarter of 2023. A 0.1% decrease was recorded compared to the previous quarter. Here are the details.
Many French retirees are choosing the destination of Morocco to spend their golden years. A growing phenomenon that delights real estate agents.
The real estate market in Tangier experienced some variations during the first quarter of this year, with a price index that recorded a decline of 0.7%. This is what Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC) specify.
During the first quarter of 2023, the real estate market in Rabat experienced strong disparities. Data from the Real Estate Asset Price Index shows an overall 5% price increase in the Moroccan capital.
The real estate market in Marrakech has seen contrasting movements in the first quarter of 2023. Real estate prices have generally increased, while transactions have recorded a significant decline.
The real estate asset price index (IPAI) recorded a year-on-year increase of 0.8% in the first quarter of 2023, according to Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC).
Moroccans residing abroad (MREs) can benefit from a tax exemption when they purchase social housing, provided they meet the criteria set out in the General Tax Code, said Nadia Fettah, Minister of Economy and Finance, during a session at the House of Representatives.
The Moroccan government is working to regulate alternative accommodations. A new tax for accommodation with locals will soon be introduced. A way for it to regulate home-based tourism.