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Everything you need to know before buying real estate is included in our Morocco Property Pack
Morocco's residential property market in June 2025 presents a complex landscape of opportunities and challenges for potential buyers. With major infrastructure projects underway, upcoming international events, and evolving regulations, understanding the current market conditions is crucial for making an informed investment decision.
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.
| Factor | Status | Does it make it a good time to buy? |
|---|---|---|
| Property Prices | Moderate growth (2-3% annually) | Yes - stable appreciation expected |
| Mortgage Rates | 4.5-6% fixed, 3.75-5% variable | Yes - relatively stable |
| Market Liquidity | High in major cities | Yes - strong demand continues |
| Rental Yields | 6.7-8.7% average | Yes - among best in region |
| Foreign Ownership | Allowed for residential | Mixed - new tax changes |
| Infrastructure | Major projects underway | Yes - positive impact on values |
| Economic Growth | 3.6-3.9% GDP growth | Yes - stable outlook |
| Currency Stability | 1 EUR = 10.45 MAD | Yes - minimal fluctuation |
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.
Are current property prices in Morocco's major cities offering good value for buyers in June 2025?
Property prices in Morocco's major cities are showing moderate appreciation, making them relatively attractive for buyers.
In Casablanca, apartments average 13,900 MAD per square meter, while Rabat commands slightly higher prices at 14,500 MAD per square meter. Marrakech offers the most affordable entry point at 13,000 MAD per square meter for apartments.
Compared to many international markets, these prices represent good value, especially considering the strong rental yields. The market has avoided the dramatic price spikes seen in other emerging markets, maintaining steady growth of 2-3% annually.
For luxury properties, prices range significantly higher, with prime locations in Casablanca reaching 30,000 MAD per square meter.
As of June 2025, is Morocco's property market experiencing more buyer or seller activity?
The Moroccan property market in June 2025 is characterized by strong buyer demand, particularly in major urban centers.
Properties in prime locations are selling quickly, with an average time on market of just 33 days in Marrakech. This buyer-driven market is fueled by urban migration, a growing middle class, and foreign investment interest.
The inventory remains tight in desirable neighborhoods, creating competitive conditions for buyers. Sellers in prime locations like Casablanca's Anfa district, Rabat's Hay Riad, and Marrakech's Guéliz are benefiting from multiple offers and quick sales.
However, properties in less central locations may experience longer selling times.
What are the current mortgage rates and lending conditions for property buyers in Morocco as of June 2025?
Mortgage rates in Morocco remain competitive in June 2025, with fixed rates ranging from 4.5% to 6% and variable rates between 3.75% and 5%.
These rates represent a stabilization following the Bank Al-Maghrib's recent rate adjustments to control inflation.
| Buyer Type | Maximum LTV | Documentation Required | Maximum Term |
|---|---|---|---|
| Moroccan Residents | 80-90% | Standard income docs | 25 years |
| Foreign Buyers | 70-80% | Comprehensive package | 25 years |
| Non-Residents | 70% | Enhanced verification | 20-25 years |
Foreign buyers must provide extensive documentation including passports, proof of address, tax returns, and bank statements.
Debt-to-income ratios are capped between 35-45% depending on income levels.
Are Morocco residential properties considered a safe investment in June 2025 given the current economic climate?
Morocco's residential properties remain a relatively safe investment in June 2025, supported by several positive economic indicators.
The country's GDP is projected to grow 3.6-3.9% in 2025, with inflation stabilizing at a manageable 1.6-2%. The Moroccan dirham has maintained stability against major currencies, with the EUR/MAD exchange rate holding steady at approximately 10.45.
Political stability continues despite some public protests over foreign policy issues. The government's commitment to economic reforms and infrastructure investment provides additional confidence.
Morocco's property market offers better stability and transparency compared to regional alternatives like Egypt and Tunisia, with clearer legal frameworks for foreign ownership.
It's something we develop in our Morocco property pack.
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What are the actual acquisition costs for buying property in Morocco in June 2025?
Total acquisition costs in Morocco typically add 8-12% to the property purchase price.
These costs have remained relatively stable but require careful budgeting.
| Cost Component | Percentage of Property Value |
|---|---|
| Notary Fees | 1-2.5% |
| Registration Tax | 4-6% (reduced for social housing) |
| Land Registry Fee | 1-1.5% |
| Agency Commission | 2-3% |
| VAT (new properties) | 18% (primary homes), 20% (luxury) |
| Mortgage Fees | ~1.5% (if applicable) |
The 2025 Finance Law introduced some changes, including reduced VAT to 18% for primary homes while maintaining 20% for luxury properties.
Registration fees now follow a progressive structure of 5-7% for high-value properties.
Which Moroccan cities offer the best rental yields for property investors in June 2025?
Marrakech leads Morocco's rental yield performance in June 2025, offering average returns of 8.7%.
The city benefits from strong tourism demand and a thriving short-term rental market. Casablanca follows with solid yields of 7.8%, driven by corporate tenants and urban professionals. Rabat offers more modest returns at 6.7% but provides stable, long-term rental income.
Top performing areas by rental yield include Marrakech Medina riads (8-10%), Marrakech Guéliz apartments (8.7%), Casablanca business districts (7.8%), Taghazout coastal properties (7-10%), and Rabat Hay Riad (6.7%).
Short-term rental properties in tourist areas can achieve even higher yields, though new regulations limit rentals to 120 days per year in some cities.
How do the new tax regulations introduced in 2025 affect foreign property buyers in Morocco?
The 2025 Finance Law brought significant changes affecting foreign property buyers.
Capital gains tax for non-residents increased from 20% to 25%, impacting investment returns. Additionally, a progressive registration fee structure now applies 5-7% rates for luxury properties.
However, some changes benefit buyers. VAT on primary residences decreased to 18%, while the ability to repatriate rental income and sale proceeds through convertible dirham accounts remains intact.
Foreign buyers must ensure compliance with new rental income reporting requirements, particularly for short-term rentals which face stricter oversight.
What major infrastructure projects will impact Morocco's property values between 2025 and 2030?
Several transformative infrastructure projects are underway that will significantly impact property values.
The Kenitra-Marrakech high-speed rail line, connecting Rabat, Casablanca, and Marrakech, will dramatically reduce travel times and boost property values along the corridor. Properties near planned stations are already seeing increased investor interest.
| Project | Investment | Impact on Property Market |
|---|---|---|
| High-Speed Rail Extension | Not specified | +15-20% values near stations |
| Dakhla Atlantic Port | $1.2 billion | Regional growth catalyst |
| Highway Upgrades | Multiple projects | Improved regional connectivity |
| Sports Infrastructure | AFCON 2025 & World Cup 2030 | Tourism boost in host cities |
| Urban Development | Various | New residential zones |
These projects, combined with preparations for AFCON 2025 and the 2030 FIFA World Cup, are creating significant opportunities for property appreciation.
It's something we develop in our Morocco property pack.
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.
Are short-term rental properties still a viable investment in Morocco given the June 2025 regulations?
Short-term rentals remain viable but require careful navigation of new regulations introduced in 2025.
Owners must register with local authorities, obtain tourist accommodation licenses, and comply with enhanced safety standards. The 120-day annual limit in some cities requires strategic planning to maximize returns.
Despite restrictions, tourist taxes and licensing fees remain reasonable, and demand from tourists continues to grow. Properties in Marrakech's medina, coastal areas of Taghazout, and central districts of major cities still generate attractive returns of 7-10% when managed properly.
The key is ensuring full regulatory compliance and professional property management.
How does Morocco's property market compare to other North African countries for foreign investors in June 2025?
Morocco stands out as the most attractive North African property market for foreign investors in June 2025.
Unlike Egypt and Tunisia, Morocco offers unrestricted foreign ownership of residential properties, clearer legal frameworks, and better market transparency.
Comparative advantages include more stable currency than Egypt, better infrastructure than Tunisia, higher rental yields (6-9%) than most regional markets, stronger tourism recovery post-pandemic, more transparent property registration system, and better repatriation options for profits.
Morocco's political stability, despite some protests, remains superior to regional alternatives. The country's strategic location and growing economy make it the preferred choice for international property investors in North Africa.
What are the medium and long-term price forecasts for Morocco's residential property market?
Market analysts project continued moderate growth for Morocco's residential property market through 2030.
Short-term forecasts (2025-2027) suggest annual price appreciation of 3-5% in major cities, driven by infrastructure improvements and international events.
Long-term projections (2027-2030) anticipate acceleration to 5-7% annual growth as World Cup preparations intensify and high-speed rail connections materialize. Properties in Casablanca's business districts, Marrakech's tourist zones, and coastal developments are expected to outperform, potentially achieving 8-10% annual appreciation.
Key growth drivers include urban population growth of 2% annually, foreign investment from Europe and Middle East, infrastructure completion boosting connectivity, tourism sector expansion, and economic diversification initiatives.
Should individual buyers prioritize investment returns or livability when purchasing property in Morocco in June 2025?
The answer depends on your primary objective, but Morocco's market in June 2025 offers opportunities to achieve both.
For pure investment returns, focus on Marrakech's tourist areas (8.7% yields) or Casablanca's business districts (7.8% yields). These locations offer liquidity and appreciation potential.
For livability with investment upside, consider Rabat's Hay Riad for family-friendly living with 6.7% yields, Casablanca's Anfa for premium lifestyle with appreciation potential, Marrakech's Guéliz for modern amenities with tourist rental options, coastal Taghazout for beach lifestyle with 7-10% yields, or established neighborhoods with completed infrastructure.
The sweet spot lies in emerging neighborhoods near new infrastructure projects, offering current livability and future appreciation as developments complete.
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.
June 2025 represents a rather favorable time to buy property in Morocco.
The market offers a compelling combination of moderate prices, strong rental yields (6.7-8.7%), and significant growth catalysts through infrastructure development and international events. While foreign buyers face increased capital gains tax (25%) and must navigate new regulations, the fundamentals remain attractive. The stable economic environment (3.6-3.9% GDP growth), political continuity, and clear foreign ownership rights provide confidence. Properties in major cities are liquid and appreciating steadily without the volatility seen in other emerging markets. For buyers seeking either investment returns or a lifestyle purchase, Morocco's property market offers substantial opportunities, particularly for those who act before the full impact of infrastructure improvements materializes in property values.
Sources
- Agenz.ma - Morocco Real Estate Prices
- Vaneau Morocco - Real Estate 2025 Morocco Rising Prices and New Solutions for Buyers
- Global Property Guide - Morocco Price History
- Sands of Wealth - Morocco Real Estate Forecasts
- LinkedIn - Orchid Island Real Estate Marrakech Market Analysis
- Vaneau Morocco - Morocco's Real Estate Market 2025 Trends and Forecasts
- Armonia Solutions - Mortgage Rates in Morocco
- Kensington Morocco - Guide to Buying Property in Morocco
- Les Villas de Myriam - Buy a House in Morocco
- World Bank - Morocco Strategic Reforms Report 2025
- Orchid Island - Real Estate Taxation Morocco 2025
- Global Property Guide - Morocco Rental Yields
- Construction Briefing - Morocco Infrastructure Investment 2030 World Cup