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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 offers diverse investment opportunities with steady price growth and attractive rental yields.
Morocco's economic capital continues to attract both local and international buyers with moderate price appreciation of 3-7% annually, rental yields between 5-8%, and a growing expat community driving demand across various neighborhoods from affordable Bourgogne to luxury Anfa districts.
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's property market in 2025 shows solid fundamentals with prices ranging from 6,000 MAD/m² in emerging areas to 27,000 MAD/m² in prime locations.
The city offers strong investment potential through consistent rental demand, moderate price growth, and favorable ownership laws for foreigners.
| Category | Details | Investment Potential |
|---|---|---|
| Price Range | 6,000-27,000 MAD/m² (affordable to luxury) | Moderate growth 3-7% annually |
| Rental Yields | 5-8% citywide average | Strong long-term rental demand |
| Property Types | Apartments, villas, riads, land | Diverse options for all budgets |
| Best Areas | Anfa, Maarif, Gauthier (premium) | High appreciation potential |
| Foreign Ownership | Fully allowed with clear legal process | Secure investment framework |
| Cost of Living | 14,000-15,000 MAD/month (single) | Affordable supporting rental market |
| Transaction Costs | 6-8% (taxes, notary, registry fees) | Standard for regional market |
What types of properties are available in Casablanca in 2025, and what's the variety in terms of price and size?
Casablanca offers a comprehensive range of property types to suit different budgets and preferences in 2025.
Apartments dominate the market, ranging from affordable studios and 2-3 bedroom city flats to luxury penthouses in prestigious neighborhoods like Anfa, Maarif, and Gauthier. New-build apartments command higher premiums, especially in prime areas where modern amenities and contemporary design attract premium buyers.
Villas represent the luxury segment, particularly popular in neighborhoods like Californie, Anfa, Dar Bouazza, and Bouskoura. These properties typically start from 200m² and can exceed 500m² for luxury homes. Villa prices vary significantly from around 18,000 MAD/m² in suburban areas to 25,000 MAD/m² for luxury properties with premium locations and finishes.
Riads and townhouses, while less common than in Marrakech, are available in select historic neighborhoods for buyers seeking traditional Moroccan architectural charm. Land purchases are also possible in developing districts, though prices are rising due to infrastructure projects and preparations for the 2030 World Cup.
Property sizes vary considerably: apartments typically range from 40-70m² for one-bedroom units to 60-130m² for 2-3 bedroom properties, while villas often exceed 200m² with luxury homes reaching 500m² or more.
Is it better to rent or buy in Casablanca right now?
The decision between renting and buying in Casablanca depends on your timeline and investment goals.
Buying becomes attractive for those planning to stay for three years or more, as it allows equity building, property customization, and potential rental income generation. Ownership laws are favorable for foreigners, and steady price growth supports long-term investment value. The mortgage market is accessible, and transaction costs of 6-8% are reasonable for the region.
Renting proves more suitable for short-term stays, flexible arrangements, or a "try-before-buy" approach. Many expats, students, and professionals prefer renting for the mobility it provides. Monthly rental costs range from 5,000-8,000 MAD for one-bedroom city-center apartments to 7,500-15,000 MAD for three-bedroom properties, depending on location and amenities.
Current market conditions favor buying for investment purposes, given the 5-8% rental yields and moderate price appreciation. However, renting allows you to test different neighborhoods and understand local market dynamics before making a purchase commitment.
It's something we develop in our Morocco property pack.
How has property pricing changed over the past few years, and what's the current price range for buying property?
Casablanca property prices have experienced steady upward momentum over recent years.
Property prices rose 3-7% annually over the past few years, with premium areas and new developments seeing the steepest increases. Some select neighborhoods experienced over 30% appreciation, particularly areas benefiting from new infrastructure like tramway lines or projects linked to the 2030 World Cup preparations.
As of September 2025, current price ranges vary significantly by location and property type. Affordable areas command 6,000-13,000 MAD/m², while prime central districts including Anfa, Maarif, Gauthier, and Ain Diab range from 15,000-27,000 MAD/m². Luxury villas typically price between 18,000-25,000 MAD/m², with some premium properties exceeding 25 million MAD total value.
The price appreciation has been driven by strong demand, limited prime land supply, government incentives for property ownership, and infrastructure improvements throughout the city. New-build properties consistently command premiums over older stock, particularly in neighborhoods with modern amenities and good connectivity.
Entry-level buyers can still find opportunities in emerging neighborhoods and suburban areas, while luxury buyers have access to premium properties in established districts with sea views and exclusive amenities.
What's the forecast for property prices in the coming years?
Casablanca property market forecasts indicate continued moderate growth through 2026 and beyond.
Property prices are expected to continue growing at 3-7% annually, supported by strong underlying demand, limited prime land availability, and ongoing government incentives for property ownership. The market benefits from Morocco's economic stability and Casablanca's position as the country's commercial hub.
Infrastructure development, including World Cup 2030 preparations, will likely boost certain neighborhoods and create new investment hotspots. Areas with improved transportation links, particularly those served by tramway extensions, should see above-average appreciation.
Rental yields are projected to remain attractive at 5-7% citywide, making Casablanca a solid option for income-focused investors. The growing expat community and expanding business sector should maintain steady rental demand across various property segments.
However, buyers should expect price growth to moderate from the rapid increases seen in select areas over recent years. The market appears to be stabilizing at more sustainable growth rates while maintaining its investment appeal through rental income potential and steady capital appreciation.
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What's the step-by-step process of buying property in Casablanca?
The property buying process in Casablanca follows a structured legal framework that protects both buyers and sellers.
Begin by defining your needs, budget, and researching target areas and reputable agencies. Visit properties and conduct thorough due diligence, including verification of title deeds, permits, land registry status, and urban compliance. This stage is crucial for avoiding future legal complications.
Once you've identified a suitable property, negotiate terms and make a written offer. Negotiation is common practice in Casablanca, so don't hesitate to discuss price and conditions. After agreement, sign a sales agreement before a notary, which details the property, price, and conditions while requiring a deposit of approximately 10%.
Verify all legal paperwork thoroughly, including ownership documents, title deeds, urban compliance certificates, and non-encumbrance certificates. Transfer funds to a convertible account as required by Moroccan law for foreign buyers. Finally, sign the final deed of sale at a notary and register it with the Land Registry, giving you full ownership rights.
Budget for additional costs totaling 6-8% of the purchase price, covering taxes, notary fees, registry costs, and agency commissions. The entire process typically takes 2-3 months when all documentation is in order.
Where should I look for properties – do real estate agencies have a strong presence, or are there other ways to find listings?
Casablanca has a well-developed real estate infrastructure with multiple channels for property search.
Local real estate agencies maintain a strong presence throughout the city, offering curated listings, market knowledge, and legal assistance. Trusted agencies include La SĂ©lection d'Artur and Century21 Casa Immo, which provide professional services and help navigate the buying process for foreign investors.
Online portals have become increasingly popular, with platforms like Rightmove, PropertiesMorocco, and other international sites offering extensive listings searchable by property type, area, and price range. These platforms provide good initial market overview and price comparison capabilities.
Private networks, local agents, and direct developer contacts prove useful for finding niche properties or premium deals, especially for luxury villas and unique properties. Many developers maintain sales offices for new projects, offering direct access to off-plan opportunities.
Word-of-mouth referrals from expat communities and local contacts often lead to unlisted properties or pre-market opportunities. Networking within expatriate communities can provide valuable insights into neighborhoods and upcoming developments.
What kinds of properties are available for different budgets?
| Budget Range (MAD/m²) | Area/Property Type | Typical Features |
|---|---|---|
| 6,000-9,000 | Suburban/Developing Districts | Entry-level apartments, emerging neighborhoods, basic amenities |
| 10,000-13,000 | Established Residential Areas | Well-connected neighborhoods, modern apartments, good infrastructure |
| 15,000-18,000 | City Center/High Demand | Modern units with amenities, proximity to business districts |
| 20,000-25,000 | Premium Areas | Luxury apartments, sea views, high-end finishes |
| 25,000+ | Ultra-Luxury Properties | Exclusive villas, premium locations, extensive grounds |
| 18,000-25,000 (Villas) | Californie, Anfa, Bouskoura | Family homes, gardens, exclusive neighborhoods |
| Variable | Land/Development Projects | Build-to-suit opportunities, investment potential |
What are the common mistakes to avoid when buying property in Casablanca?
Several critical mistakes can derail property purchases in Casablanca, but they're all preventable with proper preparation.
The most serious error involves failing to verify title and ownership status thoroughly. Always ensure clear legal documentation exists and that the seller has legitimate ownership rights. Incomplete or questionable title documents can lead to lengthy legal disputes and financial losses.
Skipping comprehensive due diligence represents another major pitfall. This includes structural inspections, urban compliance verification, and checking for any encumbrances or liens on the property. Many buyers rush through this stage, only to discover costly issues later.
Relying on verbal promises or informal agreements without proper written contracts can create serious problems. All agreements should be formalized through proper legal channels with notary involvement to ensure enforceability.
Underestimating total costs is common among first-time buyers. Beyond the purchase price, budget for legal fees, agency commissions, taxes, potential renovation costs, and ongoing property taxes. These can add 10-15% to the total investment.
Working with unlicensed agents or sellers, particularly for rural or historic properties, increases risk significantly. Always verify credentials and use established, licensed professionals throughout the transaction process.
What is the cost of living in Casablanca, and how does it impact your decision to buy property?
Casablanca offers an affordable cost of living by international standards, which directly supports the property investment case.
A single person requires approximately 14,000-15,000 MAD monthly for comfortable living including rent, while a family of four needs around 27,000-28,000 MAD monthly. These figures include housing, food, transportation, and entertainment but exclude private schooling or premium healthcare for families.
Groceries, utilities, and public transportation remain very affordable compared to European or North American cities. However, private international schooling and premium healthcare can significantly increase family expenses, something to consider when evaluating neighborhood choices.
The reasonable cost of living supports both property ownership for personal use and rental investment strategies. Local salaries may be lower than Western standards, but the affordable lifestyle attracts many international residents and supports steady rental demand across various price segments.
For property investors, the cost structure means rental yields remain attractive even at moderate rent levels. The gap between local incomes and international buying power creates opportunities for foreign investors while maintaining affordability for local tenants.
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.
What are the best areas in Casablanca for different purposes, such as affordable, upcoming, and upscale spots?
Casablanca's neighborhoods offer distinct characteristics suited to different lifestyle preferences and investment strategies.
For affordable, lively living, Bourgogne and Derb Ghalef provide excellent value for money with proximity to the ocean, good accessibility, and vibrant local shopping areas. These neighborhoods appeal to young professionals and offer solid rental potential for budget-conscious tenants.
Central, modern areas include Maarif, Gauthier, and Racine, known for their trendy, multicultural atmosphere. These neighborhoods feature new and renovated buildings, good international schools, and strong expat communities. They represent the sweet spot for both living and investment potential.
Upscale, exclusive areas encompass Anfa, Californie, Ain Diab, and Bouskoura, offering sea views, green spaces, luxury villas, and the highest appreciation potential. These neighborhoods attract affluent locals and international buyers seeking premium properties and prestigious addresses.
Upcoming investment hotspots include Bouskoura and Dar Bouazza, considered "hot" areas for future development with new residential projects and infrastructure improvements. These areas offer potential for above-average capital appreciation as development progresses.
Historic, cultural neighborhoods like Centre Ville and Habous provide unique character with medina-style atmosphere, artisanal markets, and walkable environments. While not always the highest appreciation areas, they offer unique lifestyle experiences and cultural authenticity.
How's life as an expat in Casablanca in terms of lifestyle, amenities, and community?
Casablanca provides a cosmopolitan lifestyle that successfully accommodates international residents across various neighborhoods.
The city offers modern amenities including diverse dining options, active nightlife, numerous international schools, and growing expat communities particularly concentrated in Gauthier, Maarif, Palmiers, and Bouskoura. These areas provide the infrastructure and social networks that make expat life comfortable and engaging.
Building social networks through expat groups, international clubs, and local events proves essential for thriving in Casablanca. Many expatriates find success joining business networks, sports clubs, and cultural organizations that bridge local and international communities.
Cultural adaptation requires understanding local communication styles, business practices, and social customs. While French and Arabic are predominant, English is increasingly spoken in business and expat areas. Patience with different concepts of punctuality and relationship-building helps integration.
Public transport improvements and ongoing infrastructure projects continue enhancing daily life quality. The city maintains good safety standards, though central districts can be dynamic and sometimes noisy, which suits those who enjoy urban energy but may not appeal to everyone.
Healthcare and education options range from local to international standards, with private facilities available for those preferring Western-style services.
If I want to rent out a property long-term, which areas are most desirable for tenants, what do they look for, and how much rental income can I expect to make?
Long-term rental demand in Casablanca centers on specific neighborhoods with strong tenant appeal and reliable income potential.
Highly sought areas include Maarif, Gauthier, Racine, Bourgogne, and Palmiers, where tenants prioritize modern amenities, security features, proximity to employment centers, and access to good schools. These central, well-connected neighborhoods maintain consistently high occupancy rates.
Tenant preferences focus on reliable utilities, parking availability, security systems or doorman services, proximity to public transportation, and nearby shopping and dining options. Modern kitchens, adequate storage, and reliable internet connectivity are increasingly important for both local and expat tenants.
Rental income expectations vary by property size and location, with citywide yields averaging 5-8%. One-bedroom apartments generate approximately $816 monthly, two-bedroom units around $1,088, three-bedroom properties about $1,524, and four-bedroom homes roughly $1,959. These figures represent gross rental income before expenses.
Professional property management becomes valuable for foreign investors, handling tenant screening, maintenance coordination, and rent collection. Management fees typically range 8-12% of rental income but provide peace of mind and local expertise.
Long-term tenants offer stability and lower turnover costs compared to short-term rentals, making them attractive for investors seeking steady monthly income with minimal management involvement.
How do short-term rentals compare to long-term rentals in terms of income, tenant preferences, and regulations?
Short-term rentals in Casablanca offer different risk-return profiles compared to traditional long-term letting.
Income potential varies significantly, with monthly Airbnb earnings averaging $602 across all properties, but top-performing 10% of listings earning $1,600 or more monthly. Success depends heavily on property location, management quality, and seasonal demand patterns affecting the tourism and business travel sectors.
Guest preferences for short-term rentals emphasize central locations, modern amenities, reliable WiFi, and proximity to business districts or tourist attractions. Properties near the Hassan II Mosque, coastal areas, or business centers typically achieve higher occupancy rates and nightly rates.
Regulatory environment remains relatively favorable for short-term rentals, with Casablanca allowing Airbnb operations with fewer restrictions compared to some international cities. However, regulations can change, and seasonal fluctuations significantly impact income consistency throughout the year.
Management intensity differs substantially between rental types. Short-term rentals require active management including guest communication, cleaning coordination, maintenance oversight, and marketing efforts. Long-term rentals offer more passive income with less day-to-day involvement.
Best results from short-term rentals come from properties with 1-2 night minimum stays in well-managed, centrally located buildings. However, the higher per-night returns come with increased vacancy risk and operational complexity.
It's something we develop in our Morocco property pack.
Is it worth buying property in Casablanca in 2025 for personal use, rental income, or with the intention of reselling at a higher price later?
Casablanca property investment offers solid fundamentals across multiple investment strategies in 2025.
For personal use, ownership provides excellent value for those planning multi-year residence, offering security, customization freedom, and protection against rental inflation. The favorable legal framework for foreign ownership and reasonable transaction costs support personal ownership decisions.
Rental income investment shows strong potential with robust tenant demand, rising rents, and high occupancy rates across core districts. The 5-8% rental yields, combined with moderate price appreciation, create attractive total returns for income-focused investors seeking diversification outside traditional markets.
Capital appreciation prospects remain positive but moderate, with steady price growth supported by limited prime land supply, infrastructure development, and Morocco's economic stability. While not offering explosive growth, the market provides reliable appreciation potential for patient investors.
Risk factors require consideration, including the importance of thorough legal due diligence, understanding local market nuances, and working with qualified professionals. Currency fluctuations and political stability, while currently favorable, should be monitored for long-term investments.
The combination of affordable entry points, reasonable transaction costs, favorable ownership laws, and multiple exit strategies makes Casablanca an attractive real estate market for international investors in 2025, particularly those seeking emerging market exposure with developed-market legal protections.
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 real estate market in 2025 presents compelling opportunities for both personal ownership and investment purposes.
With steady price appreciation, attractive rental yields, and favorable ownership laws for foreigners, the city maintains its position as Morocco's premier property investment destination.
Sources
- Sands of Wealth - Casablanca Property Analysis
- Sands of Wealth - Casablanca Price Forecasts
- Sands of Wealth - Casablanca Real Estate Market
- Agence Immobiliere Casablanca
- Numbeo - Cost of Living in Casablanca
- Expatis - Cost of Living in Morocco
- Expatistan - Cost of Living Casablanca
- Sands of Wealth - Morocco Price Forecasts
- Global Property Guide - Morocco Rental Yields
- Global Property Guide - Morocco Rent Yields