Authored by the expert who managed and guided the team behind the Morocco Property Pack
Everything you need to know before buying real estate is included in our Morocco Property Pack
Yes, you can buy an apartment in Casablanca as a foreigner, and we're here to break down exactly what it will cost you in 2026.
This guide covers real prices, neighborhood differences, closing costs, and ongoing expenses so you can budget properly before making your move.
We constantly update this blog post to reflect the latest data and market changes in Casablanca.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Casablanca.
Insights
- Casablanca apartment prices average around 12,800 MAD per square meter in early 2026, but the gap between the cheapest and priciest neighborhoods can exceed 200% within the same city.
- A new Finance Law 2026 rule adds a 2% surcharge on registration duties if your payment is not bank-traceable, so always pay through official banking channels to avoid this extra cost.
- The coastal districts of Ain Diab and Anfa can reach 31,500 MAD per square meter, while working-class areas like Al Fida sit around 10,100 MAD per square meter.
- Foreign buyers in Casablanca typically need a 30% down payment, and mortgage rates hover in the mid-single digits according to Bank Al-Maghrib data from late 2025.
- Closing costs in Casablanca usually range from 7% to 12% of the purchase price, depending on whether you use an agent and how you structure your payment.
- HOA fees in Casablanca vary dramatically, from 5 MAD per square meter monthly for basic buildings to over 35 MAD per square meter for buildings with security, pools, and concierge services.
- Property taxes in Morocco are based on rental value, not purchase price, and new primary residences can qualify for a temporary exemption on the housing tax.
- The Casa Anfa and Casablanca Finance City area is driving premium pricing and faster appreciation due to major infrastructure investment and job concentration.
How much do apartments really cost in Casablanca in 2026?
What's the average and median apartment price in Casablanca in 2026?
As of January 2026, the average apartment price in Casablanca is around 12,800 MAD per square meter (approximately $1,390 or €1,190 per square meter), while the median sits a bit lower at roughly 11,800 MAD per square meter ($1,280 or €1,095 per square meter).
For a typical 75 square meter apartment in Casablanca, this translates to an average purchase price of about 960,000 MAD ($104,000 or €89,000) and a median around 885,000 MAD ($96,000 or €82,000).
Most standard apartments in Casablanca fall within a price range of 700,000 MAD to 1,800,000 MAD ($76,000 to $196,000 or €65,000 to €167,000), though prime neighborhoods can push well above this range and budget areas can dip below it.
How much is a studio apartment in Casablanca in 2026?
As of January 2026, a typical studio apartment in Casablanca costs between 400,000 and 550,000 MAD ($43,500 to $60,000 or €37,000 to €51,000) for a standard unit in an average neighborhood.
Entry-level and mid-range studio apartments in Casablanca generally range from 320,000 to 650,000 MAD ($35,000 to $71,000 or €30,000 to €60,000), while high-end or luxury studios in prime areas like Anfa or Ain Diab can reach 700,000 to 1,100,000 MAD ($76,000 to $120,000 or €65,000 to €102,000).
Studios in Casablanca are typically between 30 and 40 square meters, which is fairly standard for the Moroccan market and offers enough space for a single person or couple looking for an affordable entry point.
How much is a one-bedroom apartment in Casablanca in 2026?
As of January 2026, a typical one-bedroom apartment in Casablanca costs between 600,000 and 850,000 MAD ($65,000 to $92,000 or €56,000 to €79,000) for a standard unit in a middle-tier neighborhood.
Entry-level to mid-range one-bedroom apartments in Casablanca range from 500,000 to 1,100,000 MAD ($54,000 to $120,000 or €46,000 to €102,000), while high-end or luxury one-bedroom units in premium coastal or central districts like El Maarif or Anfa can reach 1,200,000 to 1,900,000 MAD ($130,000 to $207,000 or €111,000 to €177,000).
One-bedroom apartments in Casablanca typically measure between 50 and 65 square meters, which is comfortable enough for singles or couples who want a separate living area from their bedroom.
How much is a two-bedroom apartment in Casablanca in 2026?
As of January 2026, a typical two-bedroom apartment in Casablanca costs between 900,000 and 1,400,000 MAD ($98,000 to $152,000 or €84,000 to €130,000) for a standard unit in an average to good neighborhood.
Entry-level to mid-range two-bedroom apartments in Casablanca range from 800,000 to 1,600,000 MAD ($87,000 to $174,000 or €74,000 to €149,000), while high-end or luxury two-bedroom units in sought-after areas like Anfa, Ain Diab, or near Casa Anfa can reach 1,800,000 to 3,000,000 MAD ($196,000 to $326,000 or €167,000 to €279,000).
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Casablanca.
How much is a three-bedroom apartment in Casablanca in 2026?
As of January 2026, a typical three-bedroom apartment in Casablanca costs between 1,400,000 and 2,200,000 MAD ($152,000 to $239,000 or €130,000 to €204,000) for a standard unit in a decent neighborhood.
Entry-level to mid-range three-bedroom apartments in Casablanca range from 1,200,000 to 2,800,000 MAD ($130,000 to $304,000 or €111,000 to €260,000), while high-end or luxury three-bedroom units in premium districts like Anfa, Ain Diab, or Sidi Belyout can reach 3,000,000 to 6,000,000 MAD or more ($326,000 to $652,000 or €279,000 to €557,000).
Three-bedroom apartments in Casablanca are typically between 110 and 140 square meters, which is suitable for families who need separate rooms for children, guests, or a home office.
What's the price gap between new and resale apartments in Casablanca in 2026?
As of January 2026, new-build apartments in Casablanca typically cost around 10% to 20% more than comparable resale units, with the best single estimate being a 15% premium for new construction.
The average price per square meter for new-build apartments in Casablanca is approximately 14,700 MAD ($1,600 or €1,365 per square meter), reflecting the premium buyers pay for modern finishes, updated building codes, and developer warranties.
Meanwhile, the average price per square meter for resale apartments in Casablanca sits around 12,800 MAD ($1,390 or €1,190 per square meter), though well-maintained resale units in prime locations can still command prices close to new builds.
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Can I afford to buy in Casablanca in 2026?
What's the typical total budget (all-in) to buy an apartment in Casablanca in 2026?
As of January 2026, the typical all-in budget to buy a standard apartment in Casablanca is roughly 1,000,000 to 1,200,000 MAD ($109,000 to $130,000 or €93,000 to €111,000), which includes the purchase price plus all buyer closing costs for a mid-range two-bedroom unit.
Beyond the purchase price, your all-in budget for a Casablanca apartment should include registration duties, notary fees, land registry costs, potential agency fees, and if you are financing, mortgage-related expenses like bank file fees and insurance.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Casablanca property pack.
You can also read our dedicated blog article to understand what you can at different budget levels in Casablanca.
What down payment is typical to buy in Casablanca in 2026?
As of January 2026, the typical down payment for a foreign buyer purchasing an apartment in Casablanca is around 30% of the purchase price, which for a 1,000,000 MAD apartment means roughly 300,000 MAD ($32,600 or €27,900) upfront.
Most banks and lenders in Morocco require a minimum down payment of 20%, though foreign buyers with income sources abroad or complex financial profiles should expect lenders to ask for 30% to 40% to reduce their risk.
To secure favorable mortgage terms and better interest rates in Casablanca, a down payment of 30% or higher is recommended, as this demonstrates financial stability and reduces the loan-to-value ratio that banks use to assess risk.
You can also read our latest update about mortgage and interest rates in Morocco.
We made this infographic to show you how property prices in Morocco compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
Which neighborhoods are cheapest or priciest in Casablanca in 2026?
How much does the price per m² for apartments vary by neighborhood in Casablanca in 2026?
As of January 2026, the price per square meter for apartments in Casablanca ranges from about 10,100 MAD ($1,100 or €940 per square meter) in the most affordable neighborhoods to over 31,500 MAD ($3,420 or €2,930 per square meter) in the most exclusive coastal and central districts.
The most affordable neighborhoods for apartments in Casablanca include Al Fida at around 10,100 MAD per square meter ($1,100 or €940), Hay Mohammadi at roughly 10,900 MAD per square meter ($1,185 or €1,010), and Ain Sebaa at approximately 11,000 MAD per square meter ($1,195 or €1,020).
The most expensive neighborhoods in Casablanca are Ain Diab and Anfa, where prime pockets can reach 31,500 MAD per square meter ($3,420 or €2,930), with the Anfa commune averaging around 19,100 MAD per square meter ($2,075 or €1,775) and El Maarif sitting at roughly 16,000 MAD per square meter ($1,740 or €1,485).
By the way, we've written a blog article detailing what are the current best areas to invest in property in Casablanca.
What neighborhoods are best for first-time buyers on a budget in Casablanca in 2026?
As of January 2026, the top three neighborhoods best suited for first-time buyers on a budget in Casablanca are Al Fida, Hay Mohammadi, and Ain Sebaa, all of which offer significantly lower prices than central or coastal areas.
In these budget-friendly Casablanca neighborhoods, typical apartment prices range from 350,000 to 900,000 MAD ($38,000 to $98,000 or €33,000 to €84,000) depending on size and condition, making homeownership accessible for buyers with limited capital.
These neighborhoods offer good access to public transport, local markets, schools, and everyday amenities, plus they have active rental markets which means strong resale liquidity if you ever decide to move.
The main trade-off for buying in these budget-friendly areas is that they tend to be more industrial, denser, and further from the coastal lifestyle and modern business hubs that attract premium prices in areas like Anfa or near Casa Anfa.
Which neighborhoods have the fastest-rising apartment prices in Casablanca in 2026?
As of January 2026, the top three neighborhoods with the fastest-rising apartment prices in Casablanca are the areas around Casa Anfa and Casablanca Finance City, parts of Anfa commune, and edges tied to major business hubs like Sidi Maarouf.
While Casablanca does not publish official neighborhood-by-neighborhood price change data, the overall apartment market is growing around 1.6% to 2% year-on-year according to Bank Al-Maghrib, with these high-demand areas likely outpacing the citywide average by several percentage points.
The main driver behind the rapid price growth in these neighborhoods is the concentration of new infrastructure investment, quality housing supply, office space, and jobs, particularly around the Casa Anfa urban development project which is creating a new modern business and residential core for the city.
You can also read our latest update about property price forecasts in Casablanca.
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What extra costs will I pay on top of the apartment price in Casablanca in 2026?
What are all the buyer closing costs when you buy an apartment in Casablanca?
The estimated total buyer closing costs for a typical apartment purchase in Casablanca range from 70,000 to 150,000 MAD ($7,600 to $16,300 or €6,500 to €14,000) on a 1,000,000 MAD property, depending on whether you use an agent and how you structure financing.
The main categories of closing costs buyers must pay in Casablanca include registration duties and stamp duties collected by the tax authority, land registry and administrative fees, notary fees (usually a percentage plus fixed disbursements), and optionally agency fees and mortgage-related costs.
The largest closing cost expense for buyers in Casablanca is typically the registration duties, which form the bulk of what you pay to the government at closing and can increase by 2 percentage points if your payment method is not bank-traceable under the new Finance Law 2026 rule.
Some closing costs in Casablanca are negotiable, particularly agency fees which can vary widely between agents, and notary disbursements which sometimes have flexibility depending on the complexity of the transaction.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Casablanca?
The typical percentage of the purchase price that buyers should budget for closing costs in Casablanca is around 8% for a straightforward cash purchase with bank-traceable payment and no agent involved.
The realistic range for buyer closing costs in Casablanca is 7% to 12% of the purchase price for most standard transactions, with the higher end applying when you use a real estate agent, take out a mortgage, or have additional administrative complexity.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Casablanca.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Morocco versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What are the ongoing monthly and yearly costs of an apartment in Casablanca in 2026?
What are typical HOA fees in Casablanca right now?
HOA fees (called "syndic" fees locally) are common for apartment buildings in Casablanca, with typical monthly costs ranging from 500 to 1,700 MAD ($54 to $185 or €46 to €158) for an 85 square meter apartment depending on building quality and amenities.
The realistic range of HOA fees in Casablanca runs from about 5 MAD per square meter per month for basic buildings with minimal services (just an elevator and basic cleaning) up to 35 MAD per square meter per month or more for luxury buildings with security guards, concierge services, swimming pools, and gyms.
What utilities should I budget monthly in Casablanca right now?
The estimated total monthly utility cost for a typical apartment in Casablanca is between 650 and 1,700 MAD ($71 to $185 or €60 to €158), covering electricity, water, and internet.
The realistic range of monthly utility costs in Casablanca depends on apartment size and usage patterns, with smaller apartments and moderate consumption at the lower end and larger units with air conditioning or electric heating at the higher end.
Typical utilities included in the monthly budget for a Casablanca apartment are electricity, water (billed together by the local operator), and fixed internet, with electricity and water usually running 400 to 1,200 MAD per month and internet adding 250 to 500 MAD per month.
Electricity tends to be the most expensive utility for apartment owners in Casablanca, especially during summer months when air conditioning use increases or in winter if you rely on electric heating.
How much is property tax on apartments in Casablanca?
The estimated typical annual property tax for an owner-occupied apartment in Casablanca is between 1,000 and 4,000 MAD ($109 to $435 or €93 to €372), though this varies significantly based on the property's assessed rental value and neighborhood.
Property tax in Morocco is calculated based on a theoretical rental value (valeur locative) rather than the purchase price, with two main taxes applying: the housing tax (taxe d'habitation) and the municipal services tax (taxe de services communaux) which is set at 10.5% of rental value in urban areas like Casablanca.
The realistic range of annual property tax in Casablanca can go from under 1,000 MAD for modest apartments in lower-value areas to over 6,000 MAD ($652 or €557) for premium properties in neighborhoods like Anfa or Ain Diab where the assessed rental values are higher.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Casablanca.
What's the yearly building maintenance cost in Casablanca?
The estimated typical yearly building maintenance cost for apartment owners in Casablanca is between 5,500 and 11,000 MAD ($600 to $1,195 or €510 to €1,020) for a property valued at around 1,100,000 MAD, based on budgeting 0.5% to 1% of the property's value annually.
The realistic range of yearly maintenance costs in Casablanca depends on building age and type, with newer buildings requiring less immediate maintenance and older buildings, especially those exposed to coastal humidity, potentially needing more frequent repairs.
Typical expenses included in building maintenance costs for Casablanca apartments are interior repairs and upkeep, appliance replacements, plumbing and electrical fixes, and periodic refreshes like repainting or floor maintenance.
Building maintenance costs are generally separate from HOA fees in Casablanca, as the HOA covers common areas while private maintenance covers everything inside your individual unit.
How much does home insurance cost in Casablanca?
The estimated typical annual home insurance cost for an apartment in Casablanca is between 700 and 2,500 MAD ($76 to $272 or €65 to €232), depending on coverage level, property value, and contents insured.
The realistic range of annual home insurance costs in Casablanca varies from basic policies covering fire and water damage at the lower end to comprehensive policies with theft, natural disaster, and liability coverage at the higher end.
Home insurance is not legally mandatory for apartment owners in Casablanca, but it is strongly recommended, and if you finance your purchase with a mortgage, your bank will almost certainly require you to have coverage as a condition of the loan.
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What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Casablanca, we always rely on the strongest methodology we can, and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Bank Al-Maghrib (IPAI) | Morocco's central bank publishes official macro and real estate statistics. | We used it to anchor the direction and pace of apartment price changes. We then applied these trends to project mid-2025 data into early 2026 estimates. |
| ANCFCC IPAI Quarterly Report | The land registry authority co-produces the official property index with Bank Al-Maghrib. | We used it to isolate apartment-specific price changes and transaction growth. We then extrapolated these figures cautiously into January 2026. |
| Agenz | A well-known local platform publishing transparent price data from multiple inputs. | We used it as our price-level baseline in MAD per square meter. We also relied on it for neighborhood and commune price spreads across Casablanca. |
| ANCFCC Valeurs Vénales | Official portal used for tax purposes providing zone-based reference values. | We used it to verify which zones are structurally higher or lower priced. We also used it as a reality check that our neighborhood examples are not off-market. |
| DGI Registration Duties | The tax authority is the primary source for taxes and registration duties in Morocco. | We used it to describe what buyers pay at purchase and what triggers duties. We paired it with reporting on the 2026 Finance Law to reflect current rules. |
| Le Matin | Major national newspaper reporting on the Finance Law 2026 changes. | We used it to reflect the early 2026 rule adding 2% on non-traceable payments. We translated this into practical advice for buyers to use bank channels. |
| Bank Al-Maghrib Debtor Rates | Official central bank statistics on lending rates and credit conditions. | We used it to ground mortgage rate expectations for early 2026. We then provided typical buyer profiles rather than assuming one universal rate. |
| DGI Housing Tax | Primary official source for local housing taxation rules in Morocco. | We used it to explain how the tax base is determined and the temporary exemption for new residences. We converted it into a budgeting range for foreign buyers. |
| DGI Municipal Services Tax | Primary official source for municipal service tax rates in Morocco. | We used it to cite the 10.5% urban rate relevant to Casablanca. We then mapped that to a rough annual cost based on typical rental values. |
| Bank Al-Maghrib EUR/MAD Rate | Official foreign exchange reference rates from Morocco's central bank. | We used it to convert dirhams into euros using an early January 2026 reference point. We kept conversions secondary and always quoted MAD first. |
| CRI Casablanca-Settat | Regional investment authority describing flagship urban projects. | We used it to justify why districts tied to Casa Anfa and CFC price higher. We supported our fastest-rising areas section with this official project information. |
| CDG Développement | Major public institutional actor behind large-scale urban development. | We used it to confirm the scale and positioning of Casa Anfa. We connected this to buyer intuition about where quality supply and jobs cluster. |
| CasablancaCity Portal | Official city portal pointing residents to correct utility operators. | We used it to ground who bills you in Casablanca for utilities. We then provided a practical monthly budget range for typical apartment consumption. |
| ONEE | National electricity and water utility and official reference for regulated tariffs. | We used it as a backstop that Morocco's electricity pricing is structured. We kept Casablanca-specific budgeting conservative due to local billing variations. |
| ANRT | Telecom regulator whose decisions are primary regulatory documents. | We used it to support that fixed internet is regulated and expanding in Morocco. We then translated that into a realistic monthly internet budget range. |
| Wise Currency Converter | Reliable platform tracking real-time and historical exchange rates. | We used it to verify USD/MAD rates for early January 2026. We applied approximately 9.20 MAD per USD for all dollar conversions in this article. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Morocco. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
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