Authored by the expert who managed and guided the team behind the Morocco Property Pack
Yes, the analysis of Marrakech's property market is included in our pack
Where are the best places to invest in Marrakech right now? Is the Medina still the top pick, or are areas like Gueliz, Hivernage, and Palmeraie gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with notaries, real estate agents, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Marrakech and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Agdal is attracting interest with its new developments and closeness to major shopping centers, driving property value growth
Agdal is catching eyes with its fresh developments and closeness to major shopping hubs, pushing up property values.
In Marrakech, property prices have been climbing, thanks to tourism and infrastructure growth. Agdal is no exception, with its property values expected to rise as well. The buzz around Agdal is not just talk; urban planning documents reveal ongoing projects that promise new residential and commercial spaces.
Media outlets are spotlighting Agdal's expansion, making it a magnet for both locals and investors. This kind of attention often leads to more developments and increased property values. Agdal's charm is further boosted by its proximity to major shopping centers like Al Mazar Mall, which makes the area even more appealing.
These amenities are a big draw, contributing to the rise in property values. Real estate agencies have flagged Agdal as a hotspot, attracting interest from both domestic and international investors. The area is becoming a go-to for those looking to invest in Marrakech's booming real estate market.
Agdal's growth is not just about new buildings; it's about creating a vibrant community that appeals to a wide range of people. The combination of new developments and existing amenities makes it a prime location for property investment.
With all these factors in play, Agdal is set to become one of the most sought-after areas in Marrakech. Its strategic location and ongoing developments are key drivers in its rising property values.
Sources: Capital Properties, Contemporary And
2) Mhamid is gaining interest as an affordable choice with new housing projects attracting first-time buyers
Mhamid is quickly becoming a hotspot for first-time homebuyers in Morocco.
Thanks to Morocco's affordable housing initiatives, buying a home in Mhamid is within reach for many. These programs offer homes with prices capped at MAD250,000 for smaller units and MAD6,000 per square meter for larger ones. This makes it easier for those stepping onto the property ladder for the first time.
While Mhamid might not yet have the luxury developments seen in places like Palmeraie, the trend of new housing projects in Marrakech is promising. This suggests that similar developments could soon reach Mhamid, offering more affordable housing options.
Morocco's infrastructure is also on the rise, with improvements in water, sanitation, and transportation. This growth supports new housing projects, making Mhamid a more appealing choice for both residents and investors.
Insider knowledge hints that Mhamid's real estate market is on the cusp of expansion. The presence of new projects in the region indicates a growing interest in expanding housing options, which could include more affordable choices in Mhamid.
Sources: Global Property Guide, M2Maroc, Yabiladi, Housing Finance Africa
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.
3) Palmeraie is popular for its resort-style properties and high rental yields from vacationers
The Palmeraie area in Marrakech is a hotspot for resort-like properties and high rental yields.
During peak tourist seasons, luxurious villas and resort-like properties in Palmeraie attract high-end tourists seeking exclusive experiences. This demand leads to consistently high occupancy rates for vacation rentals.
Compared to other neighborhoods in Marrakech, properties in Palmeraie offer higher average rental yields. This is due to the area's appeal to international buyers and the strong demand for luxury vacation rentals.
With over 10 million visitors in 2023, the influx of tourists further boosts the demand for vacation rentals in Palmeraie. International buyers are increasingly drawn to the area for its luxurious amenities, proximity to golf courses, and high-end resorts.
This trend is expected to continue as Palmeraie's appeal grows. The real estate market here is experiencing a steady rise in property values, driven by its growing popularity among tourists and foreign investors seeking luxury properties.
Sources: Capital Properties, EAQAR Agency, Marrakech Price Forecasts
4) Gueliz is thriving with modern infrastructure and high rental demand from young professionals
Gueliz is a hot market in Marrakech thanks to its modern infrastructure and high rental demand from young professionals.
In recent years, property prices in Gueliz have been climbing steadily. This upward trend is expected to continue, with forecasts predicting a 3% to 7% increase by 2025. The growth is driven by factors like increasing tourism, infrastructure development, and foreign investment.
Rental properties in Gueliz are in high demand, as seen in bustling coworking spaces like Goworking and L'BLASSA. These places are fully equipped with modern facilities, showing a strong need for rentals that cater to young professionals. Amenities such as soundproof phone booths and fully equipped cafeterias make the area even more attractive to this crowd.
The rise of coworking spaces and startups in Gueliz highlights its popularity among young professionals. These spaces have redefined the ideal environment for creative entrepreneurs, offering a platform for innovation and networking. Media often covers Gueliz's development, emphasizing its appeal to young professionals.
Gueliz's modern infrastructure and vibrant community make it a prime spot for young professionals seeking a dynamic lifestyle. The area's growth is not just about real estate; it's about creating a hub for innovation and collaboration.
Sources: Goworking Marrakech, L'BLASSA Coworking Space, Sands Of Wealth
5) Hivernage is gaining attention for its luxury apartments and strong property appreciation potential
Hivernage is a hotspot for investors thanks to its luxurious apartments and promising property appreciation.
In recent years, Hivernage has seen a surge in demand for luxury apartments, drawing in affluent locals and expatriates who love the blend of modern comforts and Moroccan style. This demand has led to rental incomes between $800 and $1,200 monthly, offering a solid rental return of about 5-7%.
Market analyses from 2023 and 2024 have highlighted Hivernage as a top investment spot due to ongoing gentrification, new transport links, and several planned redevelopment projects. The area is buzzing with luxury developments, pushing property prices up and attracting more investors. This trend is expected to continue, with property prices projected to rise by 3% to 7% in 2025.
Hivernage's proximity to major attractions like the Palais des Congrès significantly boosts property values. Historical data shows consistent property value increases, making it a reliable investment choice. Experts predict continued growth in Hivernage due to its luxury appeal and strategic location, further supported by local initiatives aimed at enhancing infrastructure and amenities.
Investors are particularly drawn to Hivernage because of its unique blend of modern and traditional elements. The area's strategic location near key attractions and amenities makes it a prime spot for those looking to invest in a vibrant and growing community.
With ongoing development and a strong rental market, Hivernage offers a promising opportunity for property appreciation. The combination of luxury living and strategic location makes it a compelling choice for investors.
Sources: Business Traveller, Price Forecasts, Which Area
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6) Bab Doukkala is attracting interest with its vibrant markets and affordable housing, appealing to locals and expats
Bab Doukkala is becoming a hotspot for property buyers.
One of the key reasons is the increase in property transactions, signaling a growing interest in the area. Over the past few years, property prices in Marrakech have been rising, especially in neighborhoods like Bab Doukkala, thanks to a boost in tourism and infrastructure development.
Housing in Bab Doukkala is comparatively affordable. The price per square meter here is much lower than in places like Casablanca, making it an attractive choice for both locals and expats seeking budget-friendly options. The neighborhood's vibrant local markets and bustling economy further enhance its charm.
Expats and locals alike rave about Bab Doukkala's unique cultural regeneration projects. These initiatives are drawing new residents, and the area is becoming more fashionable, which is reflected in the rising property prices. The growth of local businesses and markets, buzzing with activity from dawn till midnight, highlights the neighborhood's lively atmosphere.
Sources: Property Prices Comparison, Real Estate Forecasts, Daily Life in Marrakech
7) Sidi Youssef Ben Ali is gaining attention for its infrastructure upgrades and affordable property prices
Sidi Youssef Ben Ali is catching eyes thanks to major infrastructure upgrades.
With new roads and transport links, the area is now more accessible than ever, attracting both locals and investors. These changes are part of a larger urban regeneration effort, making the neighborhood even more appealing. Imagine being able to zip across town with ease, thanks to these new connections.
One of the biggest draws is the affordable property prices in Sidi Youssef Ben Ali. Compared to other parts of Marrakech, you can find luxury homes here without breaking the bank. This affordability is a rare find, especially as demand grows and housing options remain limited. It's a smart move for anyone looking to invest before prices climb.
The Moroccan government is also playing a big role by investing in local amenities and public services. They're extending tram lines and renovating historic areas, which is boosting property values in the long run. These improvements are not just about convenience; they enhance the quality of life and add to the area's charm.
For those drawn to cultural richness, Sidi Youssef Ben Ali offers a unique blend of tradition and modernity. The ongoing urban development projects are making it a hotspot for new buyers. It's a place where you can enjoy the best of both worlds—modern amenities and a touch of history.
With all these factors combined, it's no wonder that Sidi Youssef Ben Ali is becoming a sought-after location. The mix of affordability and accessibility is hard to beat, making it a prime spot for future growth.
Sources: Marrakech Price Forecasts, Macrotrends
8) Amelkis is attracting high-end buyers with its golf course and luxury villas, ensuring strong resale value
Amelkis is famous for its golf course and luxury villas, drawing in high-end buyers.
These properties are in demand because of international interest and favorable exchange rates, which have consistently boosted property values. The luxury real estate market in Marrakech, especially in Amelkis, is thriving, and this trend is expected to continue as tourism picks up.
Luxury villas here are particularly attractive to high-net-worth individuals who appreciate privacy and exclusivity. The close proximity to golf courses and high-end resorts adds to their appeal, ensuring these properties maintain strong resale values.
Real estate agencies often spotlight Amelkis as a top choice for high-end buyers, thanks to its excellent infrastructure and security. The demographic of buyers is shifting towards affluent individuals seeking properties with high-end amenities.
The Amelkis Golf Club is a major draw, highly rated among golf enthusiasts and luxury property buyers. This makes Amelkis a prime spot for investment, with properties likely to appreciate in value over time.
Overall, the combination of a prestigious golf course, luxury villas, and a growing interest from affluent buyers ensures that Amelkis remains a sought-after location. The area's reputation for exclusivity and strong resale values continues to attract those looking for a solid investment.
Sources: Bosworth Property Marrakech, Marrakech Price Forecasts
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.
9) Route de l'Ourika is gaining attention for its scenic views and new luxury developments, offering high appreciation potential
Route de l'Ourika is a hotspot for stunning scenic views and luxury developments.
Imagine waking up to the breathtaking sight of the Atlas Mountains; that's what Route de l'Ourika offers. This area is not just a feast for the eyes but also a magnet for tourists and investors alike. Its natural beauty is often featured in travel magazines, making it a prime location for those looking to invest in a piece of paradise.
Luxury developments are popping up everywhere, from elegant villas to exclusive gated communities. These properties are in high demand, especially among wealthy individuals seeking privacy and a touch of exclusivity. This demand is driving up property values, making it a promising area for investment.
Real estate experts consistently highlight Route de l'Ourika as a growth area. Its unique cultural charm, combined with ongoing urban development, keeps drawing in buyers. Significant price drops are unlikely here, thanks to the area's enduring appeal.
Infrastructure is also getting a boost, with new roads and improved public transport making the area even more accessible. These enhancements are adding to the area's attractiveness, ensuring that it remains a top choice for potential buyers.
For those considering a property purchase, Route de l'Ourika offers not just a home but a lifestyle, with high appreciation potential due to its scenic views and luxury developments.
Sources: Go With Guide, Marrakech Price Forecasts, Hotels Marrakesh
10) Sidi Ghanem is gaining popularity for its creative businesses, boosting demand for commercial real estate
Sidi Ghanem is buzzing with creative energy, making it a hotspot for artisanal studios and workshops.
Imagine strolling through a neighborhood where places like Poterie Serghini craft unique pottery and textiles that catch the eye of both locals and tourists. This vibrant scene is further enriched by design studios and galleries such as Jajjah, which proudly display contemporary Moroccan art.
With all this creativity, it's no wonder that the demand for commercial real estate in Sidi Ghanem is climbing. A prime example is a 600m² property that recently sold for 5,000,000 Dhs, showing that businesses are eager to plant their roots in this thriving area. The charm of Sidi Ghanem lies in its bustling lanes, where visitors are drawn to explore and find handcrafted treasures.
Media outlets have been quick to spotlight Sidi Ghanem, dubbing it the "Design District of Marrakech." This recognition highlights the area's innovative businesses that produce items like cement tiles and ironwork, which are in demand across Europe and America. Business owners and tour operators often share stories of the area's authentic craftsmanship, adding to its growing reputation.
Sources: El Fenn, M2 Morocco, Lawrence of Morocco, Marrakech Tours, Coastline Equity
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.