Morocco continues to strengthen its system to combat money laundering and the financing of terrorism. A new order has just been issued to impose new rules on the real estate sector, which is very popular for money laundering.
The examination of the case of a real estate fraud scandal involving 21 defendants, including notaries, adouls, former commune presidents, intermediaries and a real estate developer, continues before the Criminal Chamber of the Court of Appeal of Tétouan.
The town hall of Raismes, a commune located in the north of France, near Valenciennes, has decided to evict an octogenarian Moroccan who has been living on an unsanitary site since September. He has refused several rehousing proposals that have been made to him.
The real estate market in Morocco is showing signs of slowing down this year. This is revealed by the data published by the Directorate of Studies and Financial Forecasts (DEPF).
A new real estate scandal in Harhoura, near Rabat. A bar located in the city was recently demolished by the local authorities. The developer is accused of having illegally built his establishment on public land, with the complicity of certain local officials.
The case related to the real estate scandal in Témara is not over. The National Brigade of the Judicial Police of Casablanca has heard several officials from the city, including the former deputy and president of the commune Moh Rejdali.
The real estate market in Morocco is facing an imbalance between the supply of housing and the demand from buyers. The latter are having trouble finding an adequate offer.
The Ministry of the Interior is toughening the fight against real estate spoliation - especially in municipalities. New measures have been taken in this regard.
Airbnb, the community platform that connects travelers with hotel companies (hotels, guesthouses, vacation rentals), and real estate investors, escapes Moroccan taxation.
Moroccans are among the foreigners who have made a lot of real estate purchases in Catalonia between October 2021 and September 2022.
The real estate asset price index (IPAI) appreciated, year-on-year, by 1.3% in the third quarter of 2022. This is what Bank Al-Maghrib (BAM) and the National Agency for Land Conservation, Cadastre and Cartography (ANCFCC) specify.
To boost the real estate sector, the government is considering granting housing aid to eligible buyers. This measure, contained in the 2023 Finance Bill, is causing concerns among real estate developers.