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Agadir's property market is experiencing steady growth with apartment prices averaging 12,800 MAD per square meter in the city center as of September 2025.
The coastal city benefits from strong tourism recovery, major infrastructure investments, and increasing foreign buyer interest, particularly from European second-home purchasers. Property prices have risen 3-5% annually over the past five years, with luxury beachfront areas seeing even stronger appreciation rates of 5-8% in prime neighborhoods.
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Agadir's property market shows positive momentum with steady price growth and strong demand from both local and foreign buyers.
The city's strategic position as a tourist destination combined with ongoing infrastructure development creates favorable conditions for property investment through 2028.
| Property Type | Average Price (MAD/m²) | Annual Growth Rate |
|---|---|---|
| City Center Apartments | 12,800 | 3-5% |
| Suburban Apartments | 9,400 | 2-4% |
| Standard Houses | 14,281 | 4-6% |
| Luxury Beachfront Villas | 25,000-35,000 | 5-8% |
| Tourist Area Properties | 18,000-28,000 | 7-10% |
| Rental Yield (Apartments) | 5.98% | Stable |
| Foreign Buyer Share | 30% increase since 2020 | Growing |
What are the current average prices per square meter for apartments and houses in Agadir?
As of September 2025, apartments in Agadir's city center average 12,800 MAD per square meter.
Suburban apartments are more affordable at around 9,400 MAD per square meter, while standard houses command higher prices at approximately 14,281 MAD per square meter. The luxury segment shows significant premium pricing, with beachfront villas ranging from 25,000 to 35,000 MAD per square meter depending on location and amenities.
Prime neighborhoods show notable price variations, with Quartier B leading at 15,000 MAD per square meter for apartments and 20,000 MAD per square meter for villas. Quartier A follows closely with apartment prices at 14,500 MAD per square meter and villa prices at 18,500 MAD per square meter. More affordable options are available in Quartier C, where apartments average 11,000 MAD per square meter and villas 16,000 MAD per square meter.
Tourist-focused areas command premium pricing between 18,000 and 28,000 MAD per square meter, reflecting the strong demand from vacation rental investors and second-home buyers.
How have property prices in Agadir changed over the past five years, and what's the current year-on-year trend?
Property prices in Agadir have demonstrated consistent upward momentum over the past five years, with annual growth averaging 3-5% across all segments.
The luxury and tourist-focused properties have outperformed the broader market significantly, achieving annual growth rates of 5-8% in prime neighborhoods. Beachfront properties near Taghazout Bay have experienced particularly strong appreciation, rising 15% over the last three years alone.
The current year-on-year trend from 2024 to 2025 shows continued positive growth at approximately 1.4% nominally, though premium locations are achieving much higher rates of 7-10%. This growth pattern reflects the sustained demand from both domestic and international buyers, supported by Morocco's economic stability and Agadir's growing reputation as a premier coastal destination.
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What are the main factors driving property demand in Agadir right now?
Tourism recovery stands as the primary demand driver, with visitor arrivals increasing 19% and creating a boom in short-term rental investments.
Major infrastructure projects including Taghazout Bay development, Marina Agadir expansion, and new logistics platforms are significantly enhancing the city's appeal to property investors. These developments improve connectivity and create new employment opportunities, driving both residential and investment demand.
Foreign buyer interest has surged, with European purchasers increasing by 30% since 2020, alongside steady growth in Asian investor participation. Government housing assistance programs offering up to 100,000 MAD in subsidies are stimulating local buyer activity, while the cash-based nature of the market (40%+ of transactions) indicates strong underlying demand fundamentals.
The combination of Morocco's GDP growth of 4.0% in 2025 and Agadir's strategic positioning as both a tourist destination and emerging business hub continues to attract diverse buyer segments from vacation rental investors to permanent residents seeking lifestyle properties.
Which neighborhoods in Agadir are seeing the strongest growth and which are stagnating or declining?
Hay Mohammadi leads the growth areas due to ongoing infrastructure improvements and urbanization initiatives that are transforming the neighborhood's appeal.
| Neighborhood | Growth Status | Key Factors |
|---|---|---|
| Hay Mohammadi | Strong Growth (5-8%) | Infrastructure, urbanization projects |
| Cité Suisse | Steady Growth (4-6%) | Family demand, established amenities |
| El Houda | Rising Growth (3-5%) | Affordability, student & family demand |
| Taghazout Bay | Premium Growth (7-10%) | Foreign investment, luxury tourism |
| Marina District | High Growth (6-9%) | Coastal development, premium amenities |
| Quartier Industriel | Moderate Growth (3-4%) | Job proximity, industrial expansion |
| Older Suburbs | Stagnant (0-2%) | Oversupply, limited infrastructure benefits |
Cité Suisse and El Houda continue showing solid appreciation driven by family demand and affordability factors. The coastal areas of Taghazout Bay and Marina district are experiencing premium growth rates due to foreign investment and luxury tourism development.
Stagnating areas include some older suburban developments that haven't benefited from recent infrastructure investments and face oversupply issues, resulting in minimal price appreciation or even slight declines in certain pockets.
How much new housing supply is expected to come onto the market in Agadir in the next two to three years?
Significant new housing supply is projected to enter the Agadir market between 2025 and 2028, driven by government housing assistance programs and private development initiatives.
The government's 2024-2028 housing program is expected to stimulate substantial construction activity, particularly in affordable housing segments. Major infrastructure projects including the Aït Melloul logistics platform and new hotel developments are catalyzing residential construction in surrounding areas.
New projects are expanding across multiple segments, from affordable suburban housing to luxury coastal developments targeting the growing foreign buyer market. The combination of government support, infrastructure investment, and tourism sector expansion is creating a development pipeline that should meet increasing demand while potentially moderating price growth in certain segments.
Private developers are particularly active in coastal areas and established neighborhoods, with several luxury projects planned for completion by 2027-2028 to capitalize on the growing premium market segment.
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What are current rental yields in Agadir for apartments and houses, and how do they compare to other Moroccan cities?
Rental yields for apartments in Agadir currently average 5.98%, while houses generate lower yields at approximately 4.82%.
Compared to other major Moroccan cities, Agadir's yields are competitive but slightly below Casablanca's apartment yields of 6.72% and Marrakech's approximately 7.0%. The difference reflects Agadir's higher property prices due to its coastal premium and tourism appeal.
The rental market benefits from strong tourism demand, particularly for short-term vacation rentals which can achieve higher returns than traditional long-term leases. Properties in tourist areas and beachfront locations typically generate superior yields compared to residential neighborhoods, though they may experience seasonal fluctuations.
Despite slightly lower yields compared to Morocco's business capitals, Agadir offers more stable rental demand due to its diversified economy combining tourism, agriculture, and emerging logistics sectors.
What is the typical time it takes to sell a property in Agadir today compared to last year?
Properties in Agadir are selling faster in 2025 compared to 2024, reflecting increased market activity and buyer confidence.
The improved sales velocity is attributed to high demand from both local and foreign buyers, combined with the positive impact of new infrastructure developments. Prime properties in established neighborhoods and coastal areas are experiencing particularly quick turnover due to limited supply in desirable locations.
Inventory turnover has improved across most segments, with luxury and premium properties showing the most dramatic improvement in sale duration. The cash-heavy nature of the market, where over 40% of transactions are cash-based, contributes to faster closing times and reduced financing-related delays.
Market liquidity has strengthened as buyer confidence grows alongside infrastructure improvements and Morocco's stable economic outlook for 2025-2026.
How is the local economy, tourism, and infrastructure investment influencing the property market outlook in Agadir?
Morocco's GDP growth of 4.0% in 2025 provides a stable macroeconomic foundation supporting Agadir's property market expansion.
Tourism sector recovery has been exceptional, with 19% growth in visitor arrivals creating unprecedented demand for vacation rentals and second homes. This tourism boom directly translates into property investment opportunities, particularly in coastal and central areas where visitors prefer to stay.
Large-scale infrastructure investments are fundamentally reshaping Agadir's property landscape, with projects like the expanded port facilities, improved airport connectivity, and the Aït Melloul logistics platform enhancing the city's economic diversification. These developments reduce Agadir's reliance on tourism alone while creating new employment centers that drive residential demand.
The synergy between economic growth, tourism expansion, and infrastructure development creates a positive feedback loop that sustains property demand across multiple market segments, from affordable housing for workers to luxury properties for affluent buyers.
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 role do foreign buyers and investors play in Agadir's property market, and is that share increasing or decreasing?
Foreign buyers and investors play an increasingly significant role in Agadir's property market, with European interest alone jumping 30% since 2020.
International investors are particularly dominant in the luxury and premium segments, driving demand for beachfront villas, high-end apartments, and vacation rental properties. Legal reforms and tax incentives have made property acquisition more attractive for foreign buyers, streamlining the purchasing process and reducing bureaucratic barriers.
The foreign buyer share is definitively increasing and projected to continue growing through 2026-2030, supported by Morocco's strategic initiatives to attract international investment. Asian investors are also showing steady growth alongside the European surge, diversifying the international buyer base.
This foreign investment influx brings both opportunities and challenges – while it drives market liquidity and price appreciation, it also contributes to affordability pressures for local buyers in premium areas. The trend toward international investment appears sustainable given Agadir's strategic positioning and Morocco's investment-friendly policies.
How affordable is housing in Agadir relative to local incomes, and how is that changing?
Housing affordability in Agadir is declining as property prices rise faster than local median incomes, particularly affecting young families and first-time buyers.
The affordability challenge is most acute in luxury zones and coastal areas where foreign investment has driven prices beyond the reach of many local buyers. Middle-income residents are increasingly pushed toward suburban areas or older neighborhoods to find affordable options.
Young families face the greatest affordability pressures as entry-level property prices have outpaced wage growth in the local job market. Government housing assistance programs offering up to 100,000 MAD in subsidies partially address this issue but don't fully offset the price-income gap.
The trend indicates continued affordability challenges unless local income growth accelerates or new affordable housing supply significantly increases to meet demand from residents working in Agadir's expanding economy.
What are the key risks that could push prices down in Agadir in the short to medium term?
Oversupply in older suburban areas represents the most immediate risk, as new construction could outpace demand in less desirable neighborhoods.
The following key risks could negatively impact Agadir property prices:
- Rental growth lagging behind price increases - reducing investment appeal
- Global economic shocks affecting tourism and foreign investment flows
- Climate-related challenges impacting coastal property desirability
- Affordability constraints limiting local buyer participation
- Infrastructure project delays reducing anticipated development benefits
Rental growth not keeping pace with property price appreciation could diminish yields and investor interest, particularly affecting the vacation rental market that depends on tourism demand stability. Any significant reduction in foreign buyer participation due to global economic uncertainty could create downward pressure on premium segments.
However, these risks are currently viewed as manageable given Agadir's diversified economic base and Morocco's overall stability.
What is the consensus outlook among local agents, banks, and analysts for property prices in Agadir over the next three to five years?
The consensus among local agents, banks, and analysts points to continued upward trajectory in prime, coastal, and tourism-driven districts through 2028-2030.
Annual growth forecasts reach up to 10% in the best-performing areas, driven by sustained foreign investment and infrastructure completion. Most market participants expect stable to moderate increases across the broader market, with price stabilization possible in oversupplied areas as new supply balances demand.
Major events including Morocco's involvement in the 2030 World Cup are expected to provide additional boost to property values and stimulate new supply development. The tourism sector expansion and continued infrastructure investment create optimism about long-term demand sustainability.
Local agents remain largely optimistic about Agadir's property market trajectory, particularly for coastal properties, luxury segments, and high-demand modern neighborhoods that benefit from the city's strategic development initiatives. Banks support this outlook with favorable lending conditions for quality properties in established areas.
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.
Agadir's property market presents compelling opportunities for both investors and residents, with steady price appreciation supported by tourism growth and infrastructure development.
While affordability challenges exist for local buyers, the combination of foreign investment, government support programs, and economic diversification creates a positive outlook for continued market growth through 2028.
Sources
- Agadir Price Forecasts - Sands of Wealth
- Agadir Property Prices - Agenz.ma
- Agadir House Prices - Properstar
- Agadir Area Guide - Sands of Wealth
- Housing Assistance Morocco 2024-2028 - Chridari
- Agadir Real Estate Market - Sands of Wealth
- Morocco Rental Yields - Global Property Guide
- Agadir Real Estate Forecasts - Sands of Wealth
- Agadir Action Plan 2025-2027 - Open Government Partnership
- Morocco Square Meter Prices - Global Property Guide