Very expensive real estate properties are rented at derisory prices in Casablanca, which creates a huge shortfall for the city. This is revealed by a census carried out by the city hall.
Morocco has decided to strengthen its land sovereignty. In this sense, new restrictions are imposed on foreigners wishing to acquire agricultural land located outside urban areas.
Before any purchase of land in Morocco, any foreigner must ensure the regulations in force. The government has reminded the territorial administrations of the multitude of legal texts and the executive measures provided for this purpose, to avoid any confusion.
Moroccans are the leading buyers of real estate in Spain. This is revealed by the latest bulletin of the Spanish General Council of Notaries.
In Morocco, real estate activity will slow down after the celebration of Eid al-Fitr. This is what the National Federation of Real Estate Developers (FNPI) predicts.
The Moroccan real estate sector is strongly affected by the international situation. An increase of around 20% in selling prices compared to the previous year is announced by professionals.
The rental market in Morocco has shown signs of a slow recovery. However, disparities persist depending on the cities.
People of Maghreb and sub-Saharan African origin are discriminated against by real estate agencies in France, according to the results of a survey published by SOS Racisme.
The Court of First Instance of Ain Sebaa sentenced the president of a cooperative, his wife and two of his colleagues to prison sentences ranging from 2 to 9 years for fraud and breach of trust.
In Palm Desert, a modern Moroccan-style riad mansion has been sold to famous American entrepreneur Howard Panes, a pioneer in the electronic cigarette industry.
At the end of December 2021, the Moroccan real estate market recorded a drop in apartment prices. The reason is the health crisis due to the Omicron variant.
The justice system has banned Ahmed Idrissi, former president of the Authenticity and Modernity Party (PAM) of the commune of Gzenaya, from leaving the territory. The former elected official is being prosecuted on provisional release for suspected malfunctions related to real estate.