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Everything you need to know before buying real estate is included in our Morocco Property Pack
Casablanca's property market in 2025 shows strong fundamentals with rising prices and growing demand from both local and international buyers.
As we reach mid-2025, the economic capital of Morocco continues to attract significant investment in its real estate sector. Property prices have increased moderately, rental yields remain attractive at 5-7%, and the city's ongoing infrastructure developments are boosting property values across key neighborhoods.
If you want to go deeper, you can check our pack of documents related to the real estate market in Morocco, based on reliable facts and data, not opinions or rumors.
Casablanca offers diverse property options from modern apartments to traditional riads, with prices averaging 13,900 MAD/m² for apartments and 20,500 MAD/m² for villas in 2025.
The city's strategic location, growing economy, and favorable regulations for foreign investors make it an attractive destination for both investment and residence.
| Category | Details | Key Figures |
|---|---|---|
| Average Property Prices | Apartments in city center | 13,900 MAD/m² (€1,280/m²) |
| Villa Prices | Premium neighborhoods | 20,500 MAD/m² (€1,890/m²) |
| Rental Yields | City center properties | 5-7% annually |
| Cost of Living | Single person monthly | $850-1,111 USD |
| Foreign Investment | Ownership rights | Full ownership allowed |
| Market Forecast | Price growth 2025-2026 | 3-7% annually |
| Popular Areas | Investment hotspots | Anfa, Maarif, CFC, Bourgogne |
What types of properties can you buy in Casablanca?
Casablanca offers a diverse range of property types suitable for different budgets and investment strategies.
The most common and in-demand properties are apartments, especially 2-3 bedroom units that appeal to both local families and expatriates. These range from affordable options in emerging neighborhoods to luxury developments in prime areas like Anfa and Maarif.
Villas are widely available in both central and suburban locations, offering more space and privacy for families or investors seeking rental income. Premium villas in neighborhoods like Californie and Anfa can command prices exceeding 25 million MAD, while more affordable options exist in developing areas like Bouskoura.
Traditional riads, while less common than in Marrakech or Fez, can still be found in certain historic neighborhoods and represent unique investment opportunities for those interested in authentic Moroccan architecture.
Townhouses are increasingly popular in newer developments, particularly in suburban areas, while land plots are available for those interested in development projects, especially in emerging districts around the city.
Should you buy or rent property in Casablanca in 2025?
The decision between buying and renting in Casablanca depends on your long-term plans, budget, and investment goals.
Buying makes financial sense if you plan to stay for more than 3-5 years or want to build equity while potentially earning rental income. Property prices in Casablanca have shown steady growth, with experts predicting continued moderate increases of 3-7% annually, making ownership attractive for capital appreciation.
The rental market is particularly strong, with rental yields averaging between 5% and 7% in most neighborhoods, providing good income potential for investors. Foreign ownership is fully legal with no restrictions on resale, offering flexibility for international buyers.
Renting is more suitable for short-term stays or if you prefer flexibility to relocate easily. Monthly rental costs for a one-bedroom apartment in the city center range from 5,000-7,500 MAD (€460-690), while larger family apartments cost 10,000-15,000 MAD monthly.
Given the current market trends showing rising prices and strong rental demand, buying appears favorable for those with sufficient capital and long-term commitment to the city.
What are current property prices in Casablanca by area and type?
As of 2025, the average price of apartments in Casablanca has increased to 13,900 MAD/m², compared to 13,598 MAD/m² in 2024, showing modest but consistent growth.
Villas continue to display high prices, with an average remaining stable around 20,500 MAD/m², particularly in luxury neighborhoods like Anfa, Les Princesses, and Gauthier.
Premium areas command significantly higher prices, with luxury properties in Anfa district averaging around €4,241,667 for high-end developments. The newer Ain Diab neighborhood shows property values averaging 27,000 dirhams per square meter, reflecting buyer preference for modern amenities.
More affordable options exist in developing areas, where properties can be found from 9,000-13,000 MAD per square meter. The price variations reflect differences in location, amenities, and property age, with newer developments generally commanding premium pricing.
Compared to recent years, the market has shown resilience with steady growth rather than dramatic fluctuations, making it predictable for both buyers and investors.
Are property prices expected to rise, fall, or stay stable?
Property prices in Casablanca are expected to continue rising moderately over the next few years, driven by fundamental economic factors and ongoing development.
Despite challenges like high interest rates and inflation, the residential real estate market in Morocco is on track to hit $14.01 billion by 2025, indicating strong underlying demand and growth potential.
Several factors support continued price appreciation: the city's ongoing infrastructure projects including tramway extensions, urban rehabilitation initiatives, and the development of new business districts. Since the inauguration of the new tramway line linking Ain Diab to the city center, housing prices along this line have increased by 15% in one year.
Foreign investment continues to flow into the market, with international buyers attracted by Morocco's political stability, strategic location, and favorable property laws. Government initiatives like the Damane Assakane fund are making homeownership more accessible, supporting market demand.
While some peripheral areas may see slower growth, central and upscale neighborhoods are likely to experience stronger appreciation, with experts forecasting annual growth rates of 3-7% for well-located properties.
Which are the best areas to consider in Casablanca?
Casablanca offers distinct neighborhoods catering to different lifestyles, budgets, and investment strategies.
For upscale living and investment, Anfa remains the premium choice with its luxury developments, excellent amenities, and strong appreciation potential. Maarif offers a vibrant central location with good infrastructure and cultural attractions, making it popular among both residents and investors.
Casablanca Finance City (CFC) represents the modern business hub with high-rise apartments and strong rental demand from professionals and expatriates. The area commands premium rents due to its proximity to major corporations and modern amenities.
For affordable options, Bourgogne provides good value with reasonable proximity to the city center, while Hay Mohammadi offers entry-level prices for first-time buyers. These areas are suitable for investors seeking lower entry costs with potential for future growth.
Emerging areas like Sidi Maarouf are attracting attention as the technology hub expands, offering good investment potential as infrastructure develops. Bouskoura appeals to families seeking suburban living with green spaces and newer developments, though it requires longer commutes to the city center.
It's something we develop in our Morocco property pack.
How much does it cost to live in Casablanca overall?
The average cost of living in Casablanca is $850 for a single person, making it affordable compared to Western cities while being the most expensive city in Morocco.
A single person's monthly costs average $1,111, while a family requires approximately $2,479 per month for comfortable living. These figures include housing, food, transportation, and basic amenities.
Housing represents the largest expense, with rental costs varying significantly by location and property type. Monthly rent averages $570 per month for typical accommodations, though this can range from $300 for basic apartments to over $1,200 for luxury properties in prime areas.
Daily expenses are relatively affordable: coffee costs around $1.97, while restaurant meals range from $5-15 for mid-range dining. Transportation via the modern tram system is economical, and basic utilities for a normal-sized apartment cost under $40 monthly.
Compared to other Moroccan cities, Casablanca is approximately 20-30% more expensive, but it offers better job opportunities, infrastructure, and amenities that justify the higher costs for many residents.
What's the step-by-step property buying process for foreigners?
Foreign nationals enjoy the same property ownership rights as Moroccan citizens for residential properties, making the buying process straightforward.
First, research the market and identify your target area and budget. It's essential to hire a reputable local real estate agent and lawyer who understand both local regulations and international buyers' needs.
Second, arrange financing if needed. Foreign buyers usually need to provide documentation such as proof of income, a valid passport, and sometimes a residence permit. Most lenders require a substantial down payment, often ranging from 30% to 50% of the property's value.
Third, make an offer and sign a preliminary sales agreement (compromis de vente) with a deposit, typically 10% of the purchase price. This secures the property while completing due diligence and finalizing financing.
Fourth, complete the purchase at a notary's office. The notary reads the deed of sale in the presence of both parties. This process usually takes between 10 and 15 business days. Once completed, you will receive your final title deed.
Finally, pay transfer taxes (1-6% of property value), notary fees (0.5-1%), and agent fees (typically 3%). Register the property with local authorities to complete the ownership transfer.
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Where can you find reliable property listings and agents?
Multiple channels exist for finding properties in Casablanca, from international platforms to local agencies with deep market knowledge.
Online platforms provide the widest selection: Mubawab is the leading local property portal, while international sites like Properstar and Fazwaz offer properties specifically marketed to foreign buyers. These platforms allow filtering by location, price, and property type.
Established international agencies like Kensington Morocco and 8th Avenue specialize in serving foreign clients and offer English-language services, market expertise, and end-to-end support throughout the buying process.
Local agencies such as La Sélection d'Artur and Feel Home provide deep knowledge of specific neighborhoods and often have exclusive listings not found on major portals. They can offer valuable insights into local market conditions and pricing trends.
Professional networks and referrals often yield the best results. Facebook groups for expatriates in Casablanca, LinkedIn connections, and word-of-mouth recommendations from other foreign property owners can lead to quality agents and off-market opportunities.
When selecting an agent, verify their credentials, ask for client references, and ensure they have experience with foreign buyers and understand international legal and financial requirements.
What can you get for different budgets in Casablanca?
Property options in Casablanca span a wide range of budgets, from entry-level investments to luxury estates.
| Budget (EUR) | Property Type | Location |
|---|---|---|
| €50,000 | Small apartment, studio, or fixer-upper | Old Medina, peripheral neighborhoods |
| €100,000 | 2-3 bedroom apartment, small villa in suburbs | Bourgogne, Sidi Maarouf, developing areas |
| €200,000 | Modern 3-4 bedroom apartment, suburban villa | Maarif, CFC, Bouskoura |
| €300,000+ | Luxury apartment, large villa, prime location | Anfa, Californie, beachfront areas |
| €500,000+ | Premium villa, luxury penthouse | Anfa, exclusive developments |
| €1,000,000+ | Luxury estate, commercial property | Prime locations, prestigious neighborhoods |
Budget constraints don't necessarily mean compromising on investment potential. Properties in developing areas like Sidi Maarouf offer good growth prospects as infrastructure improves, while older properties in central locations may provide renovation opportunities for added value.
For rental investment, smaller apartments in central areas often provide better yields than larger properties, as they attract a broader tenant pool including young professionals and expatriates.
What should you know about long-term rental investment?
Long-term rental investment in Casablanca offers attractive returns driven by consistent demand from both local and international tenants.
Rental yields are averaging between 5% and 7%, with areas like Racine offering yields of around 5.74% for 2-bedroom apartments, while Gauthier sees higher returns at 6.86%. These yields are competitive compared to other investment options in Morocco.
Target areas for rental investment include central business districts like CFC and Maarif, which attract expatriate professionals and local executives. Anfa appeals to high-income tenants willing to pay premium rents for luxury amenities and prestige locations.
Tenant preferences typically include modern amenities, reliable internet, security features, proximity to business centers, and access to international schools for expatriate families. Furnished apartments command higher rents but require more management and maintenance.
Rental income ranges from 5,000-7,500 MAD monthly for one-bedroom apartments in central areas to 10,000-15,000 MAD for three-bedroom family units. Premium properties in upscale neighborhoods can achieve significantly higher rents.
It's something we develop in our Morocco property pack.
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.
How viable is short-term rental (Airbnb) investment?
Short-term rental investment in Casablanca shows promise but requires careful consideration of regulations and market dynamics.
A typical short-term rental listing in Casablanca is booked for 179 nights a year, with a median occupancy rate of 49% and an average daily rate of MAD586. These figures indicate moderate but stable demand for short-term accommodations.
As of September 2024, there are 2,822 active Airbnb listings in Casablanca, with 0% of listings having short-term rental licenses, suggesting that regulation isn't strictly enforced. However, this situation may change as authorities increase oversight.
The best neighborhoods for short-term rentals include Anfa, Maarif, and areas near the Hassan II Mosque, which attract both business travelers and tourists. About 82.37% of guests are international visitors, with French visitors being the largest group.
In 2023, a typical host income (annual revenue) was MAD101K, though this varies significantly by property location, size, and management quality. Properties near business centers and tourist attractions generally perform better.
Regulatory compliance is becoming increasingly important as Moroccan authorities intensify efforts to regulate the short-term rental market, requiring proper licenses and safety inspections.
Is buying property in Casablanca worth it in 2025?
Buying property in Casablanca in 2025 offers compelling opportunities for both living and investment, supported by strong market fundamentals and favorable conditions.
The investment case is strong: property prices show steady growth with 3-7% annual appreciation expected, rental yields of 5-7% provide good income, and the city's economic importance as Morocco's business capital ensures continued demand. Foreign ownership rights are secure with no restrictions on resale.
Infrastructure developments including tramway extensions, urban regeneration projects, and the ongoing modernization of business districts are enhancing property values across the city. The government's proactive housing policies and international investment attraction efforts create a supportive environment.
For residential buyers, Casablanca offers a cosmopolitan lifestyle with modern amenities, cultural attractions, and relatively affordable living costs compared to European cities. The city's strategic location provides easy access to both European and African markets.
Risks include potential regulatory changes, market volatility during economic uncertainty, and the need for careful due diligence to avoid overpaying in popular areas. Success requires choosing the right location, property type, and investment strategy.
Overall, for investors with medium to long-term horizons and sufficient capital for proper due diligence, buying property in Casablanca in 2025 appears worthwhile, particularly in central areas and emerging neighborhoods with strong growth potential.
It's something we develop in our Morocco property pack.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Casablanca's property market in 2025 presents a balanced mix of opportunities and considerations for potential buyers and investors.
With steady price growth, attractive rental yields, and strong fundamentals supporting the market, the city offers compelling prospects for those willing to conduct proper research and choose locations carefully.
Sources
- Sands Of Wealth - 13 statistics for the Casablanca real estate market in 2025
- Sands Of Wealth - 19 strong forecasts for real estate in Casablanca in 2025
- Sands Of Wealth - 13 statistics for the Morocco real estate market in 2025
- Global Property Guide - Morocco Residential Real Estate Market Analysis 2024
- Sands Of Wealth - 16 strong trends for 2025 in the Casablanca property market
- Agenz - Real estate prices in Morocco
- Housing Place - Why are real estate prices in Casablanca so high?
- Sands Of Wealth - 14 tips for foreigners buying property in Morocco in 2025
- Numbeo - Cost of Living in Casablanca
- Airbtics - Casablanca Airbnb Market Statistics & Data