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
Casablanca remains Morocco's economic powerhouse, and its rental market reflects that with yields that consistently outperform many European cities.
If you're considering buying an apartment in Casablanca as a foreign investor, understanding exactly what returns you can expect is essential before you commit.
This guide breaks down everything from gross and net yields to neighborhood demand, rent levels, and the costs that will eat into your profits.
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.
What rental yields can I realistically get from an apartment in Casablanca?
What's the average gross rental yield for apartments in Casablanca as of 2026?
As of early 2026, the average gross rental yield for apartments in Casablanca sits around 8.3%, which is notably higher than what you'd find in most Western European markets.
Most apartment investments in Casablanca fall within a realistic gross yield range of 7% to 9%, depending on the size of the unit and the neighborhood you choose.
The main factor that causes Casablanca gross rental yields to vary significantly is the purchase price discipline in each district, since premium neighborhoods like Racine and Anfa have higher prices that compress yields even when rents are strong.
Compared to other major Moroccan cities, Casablanca's average gross yield is competitive with Marrakech but typically offers more stability because Casablanca's rental demand comes from local professionals and businesses rather than seasonal tourism.
What's the average net rental yield for apartments in Casablanca as of 2026?
As of early 2026, the average net rental yield for apartments in Casablanca typically lands between 4.8% and 5.8% after accounting for all running costs but before financing.
Most Casablanca apartment investors can realistically expect net yields in this 4.8% to 5.8% range, with well-managed properties in high-demand neighborhoods sometimes reaching the upper end.
The single biggest expense category that reduces gross yield to net yield in Casablanca is the combination of building charges (syndic fees) and vacancy or re-letting friction, which together can eat up 1.5 to 2.5 percentage points of your gross return because Casablanca buildings often have doormen, elevators, and common areas that require ongoing funding.
By the way, you will find much more detailed data in our property pack covering the real estate market in Casablanca.
What's the typical rent-to-price ratio for apartments in Casablanca in 2026?
As of early 2026, the typical rent-to-price ratio for apartments in Casablanca ranges from about 7.8% to 9% annually, which simply reflects the gross yield expressed as a ratio of annual rent to purchase price.
Most apartment transactions in Casablanca show rent-to-price ratios between 7% and 10%, with the variation largely depending on whether you buy in a premium or mid-market district.
The highest rent-to-price ratios in Casablanca tend to appear in neighborhoods like Maarif Extension, Palmier, and Bourgogne, where strong everyday rental demand keeps rents firm while purchase prices haven't exploded like they have in ultra-premium areas such as Racine or Anfa.
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How much rent can I charge for an apartment in Casablanca?
What's the typical tenant budget range for apartments in Casablanca right now?
The typical monthly tenant budget for renting an apartment in Casablanca in early 2026 ranges from about 4,500 MAD to 18,000 MAD (roughly $490 to $1,960 or €450 to €1,800), depending on the size and quality of the unit.
Tenants targeting mid-range apartments in Casablanca typically budget between 6,000 MAD and 12,000 MAD per month (around $650 to $1,300 or €600 to €1,200), which gets you a decent 1-bed or 2-bed in neighborhoods like Maarif or Bourgogne.
For high-end or luxury apartments in Casablanca, tenant budgets usually start at 15,000 MAD and can exceed 25,000 MAD per month ($1,630 to $2,700+ or €1,500 to €2,500+), especially in premium areas like Anfa, Racine, or along the Corniche.
We have a blog article where we update the latest data about rents in Casablanca here.
What's the average monthly rent for a 1-bed apartment in Casablanca as of 2026?
As of early 2026, the average monthly rent for a 1-bed apartment in Casablanca is approximately 7,500 MAD, which works out to around $815 or €750.
Entry-level 1-bed apartments in Casablanca rent for about 4,500 to 6,000 MAD per month ($490 to $650 or €450 to €600), and these are typically older buildings without elevators in areas like Derb Sultan or parts of Hay Mohammadi.
A typical mid-range 1-bed in Casablanca goes for 6,000 to 8,500 MAD monthly ($650 to $925 or €600 to €850), and you'd expect a modern apartment with an elevator and decent finishes in neighborhoods like Maarif or Palmier.
High-end 1-bed apartments in Casablanca command 9,000 to 12,000+ MAD per month ($980 to $1,300+ or €900 to €1,200+), usually in newer residences with concierge service in Racine, Gauthier, or Anfa.
What's the average monthly rent for a 2-bed apartment in Casablanca as of 2026?
As of early 2026, the average monthly rent for a 2-bed apartment in Casablanca is approximately 9,000 MAD, equivalent to around $980 or €900.
Entry-level 2-bed apartments in Casablanca typically rent for 6,500 to 8,000 MAD per month ($710 to $870 or €650 to €800), and these would be functional units in older buildings or less central neighborhoods like Hay Hassani or Sidi Bernoussi.
A typical mid-range 2-bed in Casablanca goes for 8,500 to 11,000 MAD monthly ($925 to $1,200 or €850 to €1,100), often featuring a good layout with parking in areas like Bourgogne, Les Hôpitaux, or CIL.
High-end 2-bed apartments in Casablanca command 12,000 to 16,000+ MAD per month ($1,300 to $1,740+ or €1,200 to €1,600+), typically in modern residences with premium finishes in Racine, Gauthier, or near Casa Finance City.
What's the average monthly rent for a 3-bed apartment in Casablanca as of 2026?
As of early 2026, the average monthly rent for a 3-bed apartment in Casablanca is approximately 13,900 MAD, which equals around $1,520 or €1,400.
Entry-level 3-bed apartments in Casablanca rent for about 10,000 to 12,500 MAD per month ($1,090 to $1,360 or €1,000 to €1,250), and these are usually older family apartments in neighborhoods like 2 Mars or Beauséjour with basic finishes.
A typical mid-range 3-bed in Casablanca goes for 13,000 to 16,000 MAD monthly ($1,420 to $1,740 or €1,300 to €1,600), often in well-maintained buildings with parking and good natural light in areas like Oasis or Palmier.
High-end 3-bed apartments in Casablanca command 18,000 to 25,000+ MAD per month ($1,960 to $2,720+ or €1,800 to €2,500+), typically spacious units in premium residences in Anfa Supérieur, Racine, or along the Ain Diab Corniche.
How fast do well-priced apartments get rented in Casablanca?
A well-priced, clean apartment in a good Casablanca location typically gets rented within 2 to 4 weeks, while average properties in average locations may take 4 to 8 weeks.
The typical vacancy rate for apartments in Casablanca hovers around 3% to 6% for well-located properties, though poorly priced or substandard units can sit empty much longer.
The main factors that cause some Casablanca apartments to rent faster than others are parking availability (especially in central districts where street parking is a nightmare), building quality with a functioning elevator and professional syndic management, and proximity to the tramway or major employment hubs like Casa Finance City.
And if you want to know what should be the right price, check our latest update on how much an apartment should cost 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.
Which apartment type gives the best yield in Casablanca?
Which is better for yield between studios, 1-bed, 2-bed and 3-bed apartments in Casablanca as of 2026?
As of early 2026, 2-bed apartments typically offer the best rental yield in Casablanca, followed by 3-beds, then 1-beds.
The typical gross rental yield range for each apartment type in Casablanca is approximately 7.8% for 1-beds, 9% for 2-beds, and 8.4% for 3-beds, based on the January 2026 market data.
The main reason 2-bed apartments outperform in Casablanca is that they attract the widest renter pool, including young couples, small families, roommates, and corporate tenants, without carrying the luxury premium pricing that compresses yields on larger or fancier units.
Which features are best if you want a good yield for your apartment in Casablanca?
The features that most positively impact rental yield for apartments in Casablanca are a working elevator in a well-maintained building with a professional syndic, dedicated parking or garage space, good natural light with a functional layout that avoids wasted corridor space, and proximity to tramway stops or major business districts.
In Casablanca, middle floors (3rd to 6th) tend to be easiest to rent because they offer a balance between avoiding street noise and dust at lower levels while not being too high for comfort during the occasional elevator breakdown.
Apartments with balconies or terraces in Casablanca do command higher rents and rent faster, especially if they face away from busy streets, because outdoor space is rare and highly valued in a dense city where many buildings were designed without it.
Building features like elevators and parking in Casablanca absolutely justify higher service charges because tenants will pay premiums for these amenities, while buildings without them face longer vacancy periods and tenant turnover that ultimately costs more than the syndic fees.
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Which neighborhoods give the best rental demand for apartments in Casablanca?
Which neighborhoods have the highest rental demand for apartments in Casablanca as of 2026?
As of early 2026, the neighborhoods with the highest rental demand for apartments in Casablanca are Maarif, Maarif Extension, Gauthier, Racine, Palmier, Bourgogne, Les Hôpitaux, Oasis, CIL, Anfa, and the Casa Finance City/Sidi Maarouf corridor.
The main demand driver that makes these Casablanca neighborhoods attractive to tenants is their concentration of office space, international schools, shopping, and healthcare facilities, which means tenants can live close to work and daily amenities without depending on a car.
In these high-demand Casablanca neighborhoods, well-priced apartments typically rent within 2 to 3 weeks, and vacancy rates hover around 2% to 4% for quality units.
One emerging neighborhood gaining rental demand momentum in Casablanca is Sidi Maarouf, particularly the areas near Casa Finance City, where new corporate offices are attracting a steady flow of professional tenants who want modern housing close to work.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Casablanca.
Which neighborhoods have the highest yields for apartments in Casablanca as of 2026?
As of early 2026, the neighborhoods with the highest rental yields for apartments in Casablanca are typically mid-premium areas like Maarif Extension, Palmier, 2 Mars, Beauséjour, Bourgogne, and parts of Sidi Maarouf near transport links.
The typical gross rental yield range in these top-yielding Casablanca neighborhoods is approximately 8.5% to 10%, compared to 6.5% to 7.5% in ultra-premium areas like Racine or Anfa where purchase prices are much higher.
The main reason these Casablanca neighborhoods offer higher yields than others is that rents stay firm due to strong everyday demand from local professionals, while purchase prices haven't been inflated by luxury buyers or speculative investors the way they have in the fanciest districts.
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.
Should I do long-term rental or short-term rental in Casablanca?
Is short-term rental legal for apartments in Casablanca as of 2026?
As of early 2026, short-term rentals are legal for apartments in Casablanca, but you must operate compliantly because Morocco has been steadily formalizing its tourism accommodation regulations.
The main legal restrictions for operating a short-term rental apartment in Casablanca include potential registration or authorization requirements under tourism accommodation frameworks, and your building's internal rules (the copropriété règlement) may also prohibit or restrict short stays even if national rules allow them.
For Airbnb-style rentals in Casablanca, you should assume that registration with local authorities is required, and it's wise to verify the specific requirements with a local professional because enforcement has been increasing and the regulatory direction clearly favors formalization.
By the way, we also have a blog article detailing whether owning an Airbnb rental is profitable in Casablanca.
What's the gross yield difference short-term vs long-term in Casablanca in 2026?
As of early 2026, short-term rentals in Casablanca can generate gross yields that are 20% to 60% higher than long-term rentals in the best micro-locations with strong occupancy, but this advantage shrinks significantly once you account for operating costs.
The typical gross yield range for short-term rentals in Casablanca is approximately 10% to 13% compared to 7% to 9% for long-term rentals, though short-term yields are highly dependent on location and occupancy rates.
The main additional costs that reduce the net yield advantage of short-term rentals in Casablanca include cleaning between guests, linens and supplies, platform fees (typically 3% to 15%), higher furnishing costs, guest communication time, and potentially higher vacancy during off-peak periods.
To outperform a long-term rental in Casablanca, a short-term rental typically needs to achieve at least 55% to 65% occupancy, and once you factor in all the extra costs and management hassle, the net advantage often shrinks to just 0 to 2 percentage points or disappears entirely.
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What costs will eat into my net yield for an apartment in Casablanca?
What are building service charges as a % of rent in Casablanca as of 2026?
As of early 2026, typical building service charges (syndic fees) for apartments in Casablanca run about 8% to 12% of annual rent, which works out to roughly 600 to 1,200 MAD per month ($65 to $130 or €60 to €120) for a mid-market apartment.
The realistic range of building service charges in Casablanca spans from about 6% of rent for simple buildings to 15% or more for residences with extensive services, translating to roughly 400 to 2,000 MAD monthly ($45 to $220 or €40 to €200).
Services that typically justify higher-than-average syndic charges in Casablanca include 24-hour security guards (gardiens), maintained swimming pools or gardens, backup generators for elevator operation during power cuts, and underground parking with access control, all of which are common in the newer residences that attract premium tenants.
What annual maintenance budget should I assume for an apartment in Casablanca right now?
A realistic annual maintenance budget for an apartment in Casablanca in early 2026 is about 0.5% to 1% of the property's value, which means roughly 5,000 to 10,000 MAD per year ($545 to $1,090 or €500 to €1,000) for every 1,000,000 MAD of property value.
The realistic range of annual maintenance costs in Casablanca depends heavily on apartment age and building condition, spanning from about 3,000 MAD ($325 or €300) for newer units in good buildings to 15,000 MAD or more ($1,635 or €1,500) for older apartments that need regular repairs.
The most common maintenance expenses apartment owners face annually in Casablanca include repainting due to coastal humidity and salt air that accelerates wear, plumbing repairs in older buildings with aging pipes, water heater replacement or servicing, and air conditioning maintenance which is essential given the hot summers and the fact that tenants expect working AC.
What property taxes should I expect for an apartment in Casablanca as of 2026?
As of early 2026, the typical annual property tax bill for a mid-market apartment in Casablanca is approximately 2,000 to 6,000 MAD ($220 to $650 or €200 to €600), though this can be higher for premium locations and larger units.
The realistic range of property taxes in Casablanca spans from about 1,500 MAD ($165 or €150) for modest apartments to 10,000 MAD or more ($1,090 or €1,000) for large or well-located units, depending on the assessed rental value and neighborhood.
Property taxes in Casablanca are calculated based on the "valeur locative" (assessed rental value) of your apartment, not on the purchase price, and the two main recurring taxes are the taxe d'habitation and the taxe de services communaux, both administered by the Direction Générale des Impôts.
There are some property tax exemptions available in Casablanca, including a 5-year exemption on new construction and potential reductions for owner-occupied primary residences, though landlords renting out their apartments typically don't qualify for these benefits.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Casablanca.
How much does landlord insurance cost for an apartment in Casablanca in 2026?
As of early 2026, the typical annual landlord insurance cost for an apartment in Casablanca is approximately 800 to 1,500 MAD ($85 to $165 or €80 to €150) for basic coverage.
The realistic range of annual landlord insurance costs in Casablanca spans from about 600 MAD ($65 or €60) for minimal coverage to 2,500 MAD or more ($270 or €250) if you add comprehensive liability protection, legal expense coverage, and protection against tenant defaults.
What's the typical property management fee for apartments in Casablanca as of 2026?
As of early 2026, the typical property management fee for apartments in Casablanca is approximately 6% to 10% of collected rent, which works out to roughly 450 to 900 MAD per month ($50 to $100 or €45 to €90) on a 7,500 MAD rent.
The realistic range of property management fees in Casablanca spans from about 5% for basic rent collection to 12% or more for full-service management including tenant sourcing, and leasing commissions are typically charged separately at about one month's rent.
Standard property management fees in Casablanca typically include rent collection, basic tenant communication, coordination of repairs, and handling of routine administrative tasks, while tenant finding (with its one-month commission), major renovations, and legal matters are usually charged extra.
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.
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 |
|---|---|---|
| Global Property Guide - Rental Yields | Long-running international real estate data publisher with transparent methodology. | We used their January 2026 Casablanca gross yields by apartment size. We also used their net yield guidance as a cross-check baseline. |
| Global Property Guide - Rent Data | Transparent dataset page with update dates and stated sourcing from local portals. | We used their January 2026 median asking rent for 1-bed apartments. We used it to anchor tenant budgets and compute rent-to-price ratios. |
| Bank Al-Maghrib | Morocco's central bank with the cleanest official exchange rate reference. | We used the January 2026 USD/MAD rate to convert all dollar-denominated benchmarks. We applied this rate consistently across all rent and yield sections. |
| Direction Générale des Impôts - Taxe d'habitation | Official Moroccan tax authority guidance for local housing tax. | We used it to confirm the tax base concept and who is liable. We built realistic annual tax estimates for landlords based on this guidance. |
| Direction Générale des Impôts - Taxe de services communaux | Official DGI guidance on a key recurring municipal tax. | We used it to ground the property taxes section in official terminology. We avoided relying on secondary blogs for the basics. |
| Trésorerie Générale du Royaume | Government treasury portal used to pay local taxes. | We used it to confirm which local taxes exist and how they're handled. We used it as a cross-check that we're naming the right taxes. |
| Loi 18-00 (Co-ownership Law) | Moroccan legal text repository referencing the law and its official provenance. | We used it to ground the co-ownership framework that governs building charges. We justified why syndic fees are a predictable line-item in net yields. |
| EASYHOME Casablanca | Local Casablanca agency publishing a verifiable fee grid in plain language. | We used it to anchor the typical one-month leasing commission in Casablanca. We used it as input for vacancy and re-letting cost assumptions. |
| Century 21 Casablanca | Major international real estate brand with a Morocco presence. | We used it to support that management fees exist as a real expense line. We modeled management as a percentage of rent based on their guidance. |
| Médias24 | Reputable Moroccan news outlet covering regulatory developments. | We used it to understand the direction of tourism accommodation regulations. We grounded short-term rental compliance expectations in their reporting. |
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