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
Thinking about buying a home in Morocco in 2026 and wondering if the timing is right?
We wrote this guide to help you understand what is really happening with housing prices in Morocco right now, using fresh data from official sources.
This blog post is constantly updated to reflect the latest market conditions, so you always get current information.
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 Morocco.
So, is now a good time?
Rather yes, January 2026 looks like a reasonable time to buy property in Morocco if you are buying for long-term value rather than a quick flip.
The strongest signal is that real (inflation-adjusted) housing prices in Morocco sit around 21% below the 2010 baseline, which means prices are not overheated and there is no classic bubble risk.
Another strong signal is that mortgage rates for housing loans in Morocco are around 4.6%, which keeps monthly payments manageable for most buyers.
Government housing subsidies covering properties up to 700,000 MAD also put a floor under mass-market prices, and Bank Al-Maghrib has kept the policy rate stable at 2.25% through late 2025.
The safest strategy in Morocco is to focus on apartments in prime neighborhoods like Casablanca Gauthier, Rabat Agdal, or Tangier Malabata, hold for at least five years, and negotiate hard on anything that is not a perfect fit.
This is not financial or investment advice, we do not know your personal situation, and you should always do your own research before making any real estate decision.
Is it smart to buy now in Morocco, or should I wait as of 2026?
Do real estate prices look too high in Morocco as of 2026?
As of early 2026, property prices in Morocco do not appear stretched when you look at fundamentals, because the real (inflation-adjusted) price index from BIS sits around 79 on a scale where 2010 equals 100, meaning homes are actually cheaper in real terms than they were 15 years ago.
One clear signal from the ground is that the official ANCFCC property price index showed quarter-on-quarter declines in early 2025, which tells you that sellers are not getting aggressive bidding wars and some listings are likely sitting longer than they would in a hot market.
Another supporting signal comes from private portal data, which shows that buyers in Morocco often have negotiation room, especially outside the most sought-after central neighborhoods in cities like Casablanca, Rabat, and Marrakech.
You can also read our latest update regarding the housing prices in Morocco.
Does a property price drop look likely in Morocco as of 2026?
As of early 2026, the likelihood of a meaningful property price decline in Morocco over the next 12 months looks low, because the usual ingredients for a crash are simply not present.
A plausible range for price changes in Morocco over the next year would be somewhere between a 3% decline and a 5% gain, depending on the city and segment, rather than any dramatic swing.
The single most important factor that could increase the odds of a price drop in Morocco would be a sharp rise in mortgage rates, which would squeeze buyer affordability and force sellers to cut prices.
However, Bank Al-Maghrib held its policy rate at 2.25% through December 2025 and signaled stable inflation expectations, so a sudden rate spike looks unlikely in the near term.
Finally, please note that we cover the price trends for next year in our pack about the property market in Morocco.
Could property prices jump again in Morocco as of 2026?
As of early 2026, the likelihood of a renewed price surge in Morocco over the next 12 months is low to medium, because conditions favor steady support rather than a sudden boom.
A plausible upside for price increases in Morocco over the next year would be around 3% to 6% in the strongest submarkets, driven by stable financing and government demand support.
The single biggest demand-side trigger that could push prices higher in Morocco would be further easing of mortgage rates or expanded government subsidies, which would let buyers stretch their budgets without feeling the pinch in monthly payments.
Please also note that we regularly publish and update real estate price forecasts for Morocco here.
Are we in a buyer or a seller market in Morocco as of 2026?
As of early 2026, the Morocco property market leans toward buyers in most segments, meaning you generally have more negotiating power than sellers do, except in the hottest prime neighborhoods.
Morocco does not publish a clean "months-of-inventory" figure like some Western markets, but the combination of soft official price readings and portal data suggesting ample listings tells us the market is not tight enough for sellers to dictate terms.
Price reductions are common across Morocco, especially for properties outside prime areas or those with issues like unclear titles, missing parking, or unfinished interiors, which gives buyers leverage to negotiate discounts of 5% to 15% in many cases.
We have made this infographic to give you a quick and clear snapshot of the property market in Morocco. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
Are homes overpriced, or fairly priced in Morocco as of 2026?
Are homes overpriced versus rents or versus incomes in Morocco as of 2026?
As of early 2026, homes in Morocco appear roughly fairly priced when comparing purchase costs to rents and incomes, though affordability varies significantly by city and price bracket.
The price-to-rent ratio in Morocco's major cities sits in a range where owning is not dramatically more expensive than renting, especially for apartments in the government-subsidized price bands below 700,000 MAD where monthly mortgage payments can come close to equivalent rent.
Price-to-income is trickier because Moroccan household incomes vary widely, but a rough calculation shows that a property at 700,000 MAD with a 20% down payment and a 4.6% mortgage rate requires about 10,500 MAD monthly household income to be comfortably affordable, which is achievable for middle-class urban families but remains out of reach for many.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in Morocco.
Are home prices above the long-term average in Morocco as of 2026?
As of early 2026, home prices in Morocco are slightly above their 2010 nominal baseline but well below the long-term average in real (inflation-adjusted) terms, which means housing has not kept pace with overall price inflation.
The nominal BIS index for Morocco sits around 103 (2010 equals 100), showing only modest nominal gains over 15 years, while the real index is around 79, meaning a 21% decline in purchasing-power terms.
This tells us Morocco's housing market has "quietly normalized" through inflation rather than crashing or booming, and current prices are far from the euphoric peaks that often precede corrections.
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What local changes could move prices in Morocco as of 2026?
Are big infrastructure projects coming to Morocco as of 2026?
As of early 2026, several major infrastructure projects are underway in Morocco tied to the 2030 FIFA World Cup and broader public investment plans, with potential to lift property values in key corridors over the medium term.
The most impactful projects include stadium expansions, transport upgrades, and tourism infrastructure across Casablanca, Rabat, Tangier, Marrakech, and Agadir, with most construction expected to ramp up through 2028 and deliver before the 2030 deadline.
For the latest updates on the local projects, you can read our property market analysis about Morocco here.
Are zoning or building rules changing in Morocco as of 2026?
The most important zoning and building rule changes being discussed in Morocco involve reforms to subdivision laws (lotissements) and the creation of regional housing agencies to streamline permitting.
As of early 2026, these rule changes could have a modest positive effect on prices by increasing supply in undersupplied areas, though the impact will depend on how quickly reforms translate into actual permits and construction.
The areas most affected by these changes in Morocco are likely to be peri-urban zones around Casablanca, Rabat, and Tangier where new development land is available but has historically faced permitting delays.
Are foreign-buyer or mortgage rules changing in Morocco as of 2026?
As of early 2026, foreign-buyer and mortgage rules in Morocco are broadly stable, with no major new restrictions or opening of the market on the horizon.
The most notable recent change is that Moroccans residing abroad (MRE) are now explicitly eligible for the government's direct housing aid program, which strengthens demand in the segments where diaspora buyers typically shop.
On the mortgage side, Bank Al-Maghrib has held its policy rate steady at 2.25% and lending conditions remain supportive, with no new stress tests or LTV restrictions being publicly discussed for 2026.
You can also read our latest update about mortgage and interest rates in Morocco.
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.
Will it be easy to find tenants in Morocco as of 2026?
Is the renter pool growing faster than new supply in Morocco as of 2026?
As of early 2026, renter demand in Morocco appears to be keeping pace with new supply in the most desirable urban markets, though the balance varies significantly by city and neighborhood.
The strongest renter demand signal in Morocco comes from continued urbanization and job concentration in Casablanca, Rabat, and Tangier, where young professionals and families need housing near employment centers.
On the supply side, Ministry of Housing data shows strong construction activity with rising starts and cement sales, which means new rental units are coming online but not at a pace that would flood the market in prime locations.
Are days-on-market for rentals falling in Morocco as of 2026?
As of early 2026, days-on-market for rentals in Morocco's prime neighborhoods are likely quite short, though the country does not publish an official national statistic for this metric.
The gap between "best areas" and weaker areas in Morocco is significant: apartments in Casablanca's Gauthier or Racine districts, Rabat's Agdal, or Tangier's Malabata tend to rent within days or weeks, while units in peripheral locations can sit for months.
One common reason rentals move quickly in Morocco's prime areas is simply under-supply relative to demand from professionals, diplomats, and expats who need quality housing near work and amenities.
Are vacancies dropping in the best areas of Morocco as of 2026?
As of early 2026, vacancies in Morocco's best rental areas like Casablanca's Gauthier and Maârif, Rabat's Agdal and Hay Riad, and Tangier's Malabata appear to be low and stable, though no official vacancy rate is published.
These prime areas consistently attract the strongest tenant profiles, including professionals, diplomats, and high-income locals, which keeps occupancy rates higher than the overall market average.
One practical sign that Morocco's best rental areas are tightening is that landlords in neighborhoods like Rabat Agdal or Casablanca Racine are increasingly able to raise rents modestly at renewal without losing tenants, something that would not happen if vacancies were rising.
By the way, we've written a blog article detailing what are the current rent levels in Morocco.
Buying real estate in Morocco can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
Am I buying into a tightening market in Morocco as of 2026?
Is for-sale inventory shrinking in Morocco as of 2026?
As of early 2026, for-sale inventory in Morocco appears mixed rather than clearly shrinking, with some submarkets showing ample listings while prime urban neighborhoods remain tighter.
Morocco does not publish an official months-of-supply figure, but the combination of soft official price readings and active construction suggests the market is not experiencing the acute inventory shortage seen in some other countries.
Are homes selling faster in Morocco as of 2026?
As of early 2026, we cannot confirm a clear national trend of homes selling faster in Morocco because there is no standardized days-on-market statistic, but anecdotal signals suggest prime apartments move more quickly than villas or fringe properties.
Year-over-year, the market does not appear to have dramatically accelerated, given that official price indices showed some softness in 2025 rather than the bidding-war dynamics you would expect if homes were flying off the market.
Are new listings slowing down in Morocco as of 2026?
As of early 2026, we do not see clear evidence that new for-sale listings are dramatically slowing down in Morocco, though the market does follow seasonal patterns with quieter periods during Ramadan and summer.
Morocco's typical listing cycle picks up in spring and fall, and portal data suggests listings continue to flow, particularly from new developments coming to market after construction completion.
Is new construction failing to keep up in Morocco as of 2026?
As of early 2026, new construction in Morocco does not appear to be failing to keep up at the national level, with Ministry data showing strong increases in housing starts and cement sales.
The more realistic story in Morocco is one of mismatch rather than absolute shortage: plenty of units are being built in peri-urban areas, but land scarcity in the most desirable central neighborhoods of Casablanca, Rabat, and Marrakech means supply stays tight exactly where demand is strongest.
The single biggest bottleneck limiting construction in Morocco's prime areas is land availability and permitting complexity, which slows the delivery of new projects in already-built-up urban cores.
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.
Will it be easy to sell later in Morocco as of 2026?
Is resale liquidity strong enough in Morocco as of 2026?
As of early 2026, resale liquidity in Morocco is reasonably strong for standard, financeable properties in prime locations, though it can be weak for oversized villas, niche assets, or units with legal issues.
There is no official median days-on-market figure for Morocco, but correctly priced apartments in neighborhoods like Casablanca's Maârif or Rabat's Agdal typically find buyers within a few months, which is reasonable liquidity by emerging market standards.
The property characteristic that most improves resale liquidity in Morocco is having a clean title, proper permits, and dedicated parking, because these are common friction points that make nervous buyers walk away.
Is selling time getting longer in Morocco as of 2026?
As of early 2026, selling time in Morocco does not appear to be dramatically lengthening compared to last year, though properties priced above market or in softer submarkets can sit for extended periods.
A realistic range for selling time in Morocco spans from a few weeks for well-priced apartments in Casablanca Gauthier or Rabat Hassan to six months or more for overpriced villas or properties in less desirable locations.
One clear reason selling time can lengthen in Morocco is affordability pressure: if sellers list at aspirational prices while buyers face income constraints and stable but not falling mortgage rates, the gap takes time to close.
Is it realistic to exit with profit in Morocco as of 2026?
As of early 2026, the likelihood of selling with a profit in Morocco is medium to high if you buy smartly, hold for several years, and choose high-demand segments.
A realistic minimum holding period in Morocco to exit with profit is around five to seven years, which gives you time to absorb transaction costs and benefit from rental income plus gradual appreciation.
Total round-trip costs for buying and selling property in Morocco typically run 10% to 15% of the property value, which means roughly 70,000 to 105,000 MAD on a 700,000 MAD property (around 7,000 to 10,500 USD or 6,500 to 9,500 EUR).
The single factor that most increases profit odds in Morocco is buying below market value through strong negotiation, targeting properties with fixable issues, or purchasing in neighborhoods where demand is durable but prices have not yet peaked.
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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 Morocco, 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 |
|---|---|---|
| Bank Al-Maghrib (Decision History) | Morocco's central bank sets monetary policy. | We used it to anchor financing conditions and verify the 2.25% policy rate. We also used it to timestamp the policy backdrop as of the first half of 2026. |
| Bank Al-Maghrib (Credit Flash September 2025) | Official statistical release used by banks and analysts. | We used it to estimate the current mortgage rate range around 4.6%. We also used it to assess whether credit is loosening or tightening. |
| Bank Al-Maghrib (Lending Rates Survey Q3 2025) | Official survey series on lending rates from the central bank. | We used it to cross-check whether lending rates are drifting down, flat, or up. We also used it to avoid relying on advertised bank rates alone. |
| ANCFCC (IPAI Property Price Index Q1 2025) | Morocco's land registry authority publishes the national benchmark index. | We used it to see whether residential prices are rising or falling quarter-on-quarter. We also used transaction counts as a proxy for market heat. |
| BIS Nominal Residential Price Index via FRED | BIS is a top-tier international statistics institution. | We used it to compare today's prices versus the long-run 2010 baseline. We also used it as a sanity check against local index commentary. |
| BIS Real Residential Price Index via FRED | Same BIS series adjusted for inflation for honest bubble assessment. | We used it to judge whether housing has genuinely become more expensive after inflation. We also used it to assess crash risk from real price run-ups. |
| Ministry of Housing (Direct Housing Aid Program) | Official ministry in charge of housing policy in Morocco. | We used it to understand demand-side support through subsidies. We also used eligibility and price bands to infer which segments get the most help. |
| Maroc.ma (Housing Aid Details) | Official government communications channel for Morocco. | We used it to quantify subsidy amounts and targeted price brackets. We also used applicant counts as a demand indicator. |
| CDG (Daam Sakane Program) | Major state financial institution providing primary program description. | We used it to corroborate program scope and MRE eligibility. We also used it to confirm the program's intent of supporting buyer affordability. |
| Ministry of Housing Dashboard | Official public dashboard with supply-side indicators. | We used it for construction pulse signals like starts and cement sales. We treated these as directional but still official data points. |
| Reuters (BAM June 2025 Decision) | Global wire service quoting official statements and numbers. | We used it to cross-check BAM's inflation and growth outlook. We also used it to avoid overfitting to one domestic source. |
| Reuters (BAM September 2025 Decision) | Independent reporting based on official releases. | We used it to verify BAM's latest stance going into late 2025. We also used it to triangulate inflation expectations for 2026. |
| Reuters (BAM December 2025 Decision) | Near real-time check right before our January 2026 viewpoint. | We used it to anchor the current rate environment at end of 2025. We also used BAM's forward-looking statements as a 2026 demand input. |
| Mubawab (Annual Trends Report 2024) | Large portal with transparent methodology and consistent indicators. | We used it only for market micro-signals like search patterns and rent levels by city. We treated it as directional and cross-checked against official data. |
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.