With strong growth and continuing development in Morocco, real estate is one of the safest and most profitable sectors in which I've wanted to invest for some time. With projects of standards to suit all budgets constantly springing up in the Kingdom's various cities, real estate presents me with a real opportunity for a reliable and sustainable investment.
Morocco has been ranked amongst the top six international markets for real estate investment in 2022, according to a report by global real estate investment expert Live and Invest Overseas (LIOS). Indeed, the Kingdom offers additional investment incentives such as exchange rate discounts, favorable financing conditions and other benefits. According to the international real estate specialist, Morocco is the best country for medium and long-term rental investments, citing cities such as Marrakech, Casablanca and Agadir as offering great opportunities.
Riad, apartment, villa... When you buy real estate in Morocco, you guarantee a secure future for yourself and your family, thanks to the sales and rental opportunities the property offers. Indeed, with authorities constantly monitoring the quality of units delivered to future buyers, and building permits meticulously examined, the quality of your investment is guaranteed, reducing potential risks and ensuring its profitability. What's more, with demand constantly on the rise as populations continue to migrate to large conurbations, your property will provide you with a secure and stable source of income over the long term... It's all a question of timing!
We can classify properties into three categories:
The Direction Générale des Impôts (DGI) has set up a price reference system for several regions, with a targeted approach based on different categories. You can consult it online so that future buyers and sellers can get an idea of property prices in a specific area.
You should also know that investing in new-build property is a guarantee of ecological and technological modernity, two criteria that may be of interest to future buyers and/or tenants. Furthermore, by buying a new property, you'll also minimize maintenance costs for many years to come.
However, investing in older property also has its advantages. Economically speaking, old property is, in most cases, 20% to 30% cheaper than new. It's also possible to increase the value of the property if you renovate it or bring it up to date.
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