The crisis seems to be setting in. Cement sales, the main indicator of real estate activity continue to decline in Morocco. At the end of last August, these sales fell by 7.2% year-on-year, according to the Directorate of Studies and Financial Forecasts (DEPF).
30,000 families identified by the local authorities of Salé and living in precarious and unhealthy housing will be rehoused through a resettlement project led by the prefecture of Salé and other partners.
Mohamed and his septuagenarian Moroccan-born parents have lived in Eibar (Basque Country) for two decades and have acquired Spanish nationality. The family lives in a dilapidated building that is in danger of collapsing.
Morocco wants to involve the real estate profession in the fight against money laundering and the financing of terrorism. But its regulation is above all urgent.
The government council wants to sound the end of the exemptions granted to real estate developers. They will be replaced by direct aid, which will be granted to buyers.
The price of a rental varies in Morocco depending on the type of housing, but also on the city in which it is located. Where are the rents the lowest and the highest?
The president and treasurer of the Al Hamd Association in Benslimane were arrested for fraud and breach of trust. The other members of the office are being prosecuted on provisional release for the same charges.
The Chamber in charge of financial crimes and money laundering at the Court of Appeal of Fez has seized all the movable and immovable property of a former MP, as well as those of a former councilor in the Al Mariniyine district, both main defendants in the "Chinese plans" case.
In the second half of the year, the Moroccan real estate market has had mixed fortunes depending on the cities. In Rabat, however, activities have regained their colors, according to Bank Al Maghrib (BAM).
In the second quarter of this year, the overall index of real estate asset prices in Morocco increased by 0.2%. In Casablanca, prices followed the same trend, showing a 0.6% increase.
For the second quarter of the current year, Bank Al Maghrib has released its trends on the real estate market in Tangier, in its Real Estate Asset Price Index.
In the 2nd quarter of the year, the real estate asset price index in Marrakech (residential, land, professional use) fell 0.3% while transactions increased by 10.8%.