Should you buy property in Agadir now?

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

Who is the author of this content?

SANDS OF WEALTH

A team specialized in real estate investing in MENA countries (Morocco, UAE, Oman, etc.)

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Agadir. If you'd like to learn more about us, you can check our presentation page.

How this content was created 🔎📝

At Sands of Wealth, we explore the Moroccan real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Agadir, Casablanca, and Marrakech. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What are current property prices in Agadir, and how have they moved over the past 12 months?

As of September 2025, Agadir's property market shows moderate but consistent growth with prices increasing 3-5% annually.

Apartments have maintained stable values throughout 2025, while houses experienced a 3.8% price increase over the past year. Luxury villas represent the only segment showing decline, dropping 3.7% as buyers shifted toward more affordable options during economic uncertainty.

The Agadir residential market demonstrates resilience compared to other Moroccan cities, with transaction volumes remaining steady despite global economic pressures. Property price stability reflects strong local demand from both Moroccan families and international buyers seeking vacation homes or rental investments.

Market analysts expect continued moderate growth through late 2025 and into 2026, driven by tourism recovery and infrastructure development projects. The consistent upward trend in house prices specifically indicates growing confidence in Agadir's long-term property prospects.

It's something we develop in our Morocco property pack.

How do prices differ between central areas, beachside neighborhoods, and developing districts?

Agadir's property pricing shows significant variation across different neighborhoods, with beachside areas commanding the highest premiums.

City center apartments cost 12,800-13,392 MAD per square meter, offering convenient access to amenities, shopping, and business districts. These central properties appeal to both local professionals and expats seeking urban lifestyle benefits with moderate investment requirements.

Beachfront properties in Taghazout Bay and the Marina district command premium prices of 25,000-35,000 MAD per square meter, nearly double the city center rates. These coastal locations attract affluent buyers and vacation rental investors due to tourism appeal and limited supply of oceanfront land.

Suburban areas like standard residential neighborhoods offer more affordable options at 9,400 MAD per square meter. Developing districts such as Hay Mohammadi show property prices ranging from 1,450,000-4,500,000 MAD for complete apartments, while budget areas like El Houda provide entry-level opportunities for first-time buyers.

The price differential reflects infrastructure quality, proximity to beaches, and neighborhood maturity levels across Agadir's various districts.

What are the typical costs for different property types—apartments, villas, land plots—in each of these areas?

Area/Type	Apartments (MAD/m²)	Villas (MAD/m²)
City Center	12,800-13,392	18,500-20,000
Beachfront (Taghazout/Marina)	25,000-35,000	30,000+
Suburban Areas	9,400	16,000
Developing Districts	Lower range	Lower range
Budget Areas (El Houda)	Lowest pricing	Lowest pricing
Hay Mohammadi	Variable by development	Variable by development
Standard Houses Average	N/A	14,281-14,266

How do short-term rental yields compare with medium-term and long-term rental returns in Agadir right now?

Short-term vacation rentals significantly outperform longer-term rental strategies in Agadir's current market conditions.

Well-located vacation rentals near beaches generate yields up to 12%, with average Airbnb properties achieving 9-10% annual returns. These properties benefit from Agadir's tourism appeal, with average annual rental revenue reaching MAD 90,000 ($8,000) for properly managed units in prime locations.

Medium-term furnished rentals for 3-6 month periods offer yields ranging from 5.5-7%, appealing to seasonal workers, extended-stay tourists, and expats in transition. This rental category provides more stable occupancy than short-term rentals while maintaining higher returns than permanent leases.

Long-term rental yields average 5.2-6% for apartments, with suburban locations potentially reaching 6% due to lower purchase prices. These permanent lease arrangements offer predictable income but require less management effort compared to vacation rentals.

The yield differential reflects Agadir's strong tourism market and limited supply of quality short-term rental accommodations, creating opportunities for investors willing to manage vacation properties actively.

What are the main differences in rental demand between locals, expats, and tourists?

Agadir's rental market serves three distinct tenant segments with different location preferences and rental requirements.

Local Moroccan tenants favor city center locations, Cité Suisse, and affordable suburbs like El Houda for long-term family housing. They typically seek mid-tier apartments or houses with good access to schools, workplaces, and traditional amenities, creating steady demand for unfurnished properties in established neighborhoods.

Expatriate tenants prefer luxury villas, modern city center apartments, and new developments near beaches or the Marina district. They usually require furnished accommodations for medium to long-term rentals, prioritizing modern amenities, security, and proximity to international schools or business centers.

Tourist demand drives the short-term rental market in beachside areas, particularly Taghazout Bay and Marina neighborhoods. These visitors seek fully furnished, well-equipped properties with beach access, creating seasonal demand peaks that can significantly boost rental income during high tourism periods.

Student housing around El Houda and Cité Suisse generates consistent year-round demand from university students seeking affordable, shared accommodations near educational facilities.

How easy is it to resell a property in Agadir within the next 2–3 years versus holding it for 5–10 years?

Property resale prospects in Agadir vary significantly based on holding period and location selection.

Short-term resale within 2-3 years proves relatively straightforward in tourist-centric areas and rapidly developing districts, particularly for apartments or properties near new infrastructure projects. These locations benefit from active buyer interest and improving neighborhood conditions that support quick transactions.

The current market shows strong liquidity for well-positioned properties, with average sale times of 3-6 months for competitively priced units in desirable areas. Properties in Taghazout Bay, Marina district, and central Agadir typically sell faster due to consistent buyer demand from both investors and end-users.

Extended holding periods of 5-10 years favor premium beachfront locations and neighborhoods benefiting from major development projects. These longer-term investments allow owners to capture appreciation from infrastructure improvements while reducing transaction costs relative to property value growth.

Market conditions suggest that patient sellers willing to hold properties for extended periods will likely achieve better returns through capital appreciation, particularly in areas targeted for tourism development or urban modernization projects.

What infrastructure projects or urban developments are planned that could impact property values?

Several major infrastructure and development projects are driving property value growth across Agadir's key neighborhoods.

The Taghazout Bay resort project represents the largest tourism development impacting coastal property values, with new hotels, restaurants, and recreational facilities attracting international visitors and investors. This mega-project directly benefits beachfront property owners through increased tourism traffic and improved area amenities.

Agadir Marina expansion includes new berths, commercial spaces, and luxury residential developments that enhance the waterfront district's appeal. These improvements support premium property pricing and create additional rental demand from yacht owners and maritime tourism visitors.

Hay Mohammadi modernization involves comprehensive upgrades to roads, schools, healthcare facilities, and public spaces, making this developing district more attractive to families and investors seeking growth potential. The area also benefits from new resort and technology hub initiatives that could create employment opportunities.

Government housing modernization programs target middle-class family housing improvements across multiple neighborhoods, potentially lifting property standards and values in affected areas. These projects focus on infrastructure quality, urban planning, and community facility development.

It's something we develop in our Morocco property pack.

How do transaction costs, taxes, and ongoing ownership expenses affect the true cost of buying in Agadir?

Property acquisition and ownership in Agadir involves several cost layers that significantly impact total investment requirements.

Transaction costs typically total 6-8% of purchase price, including registration fees, notary services, real estate agency commissions, and legal representation. These upfront costs represent substantial additional expense beyond the property purchase price that buyers must factor into their budget calculations.

Annual ownership taxes include urban tax based on property valuation, rental income tax for investment properties, and local commune taxes for municipal services. These recurring expenses vary by property value and location but represent ongoing financial obligations for all property owners.

Building maintenance and communal service fees apply to apartment buildings and managed developments, covering common area upkeep, security, and shared amenities. These monthly charges can range from modest amounts for basic buildings to significant costs for luxury developments with extensive facilities.

Cash purchases represent 40% of all transactions and often allow buyers to negotiate price discounts with sellers or developers. The prevalence of cash transactions reflects both local buying preferences and the complexity some foreign buyers face accessing Moroccan financing options.

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 are the financing options available, and how do mortgage rates and loan conditions compare to cash purchases?

Mortgage financing options for property purchases in Agadir have improved significantly with competitive rates and expanded foreign buyer access.

Local Moroccan banks provide mortgages to foreign buyers with loan-to-value ratios up to 70%, interest rates ranging from 2.75-3.5%, and repayment terms spanning 10-25 years. These financing options make property ownership accessible to international buyers who prefer leveraging their purchase rather than paying full cash.

Mortgage interest rates dropped to historically low levels of 2.75-3.25% in 2025, making borrowing costs attractive compared to many international markets. Banks typically require substantial documentation from foreign applicants, including income verification, credit history, and proof of funds for down payments.

Cash purchases remain popular, representing 40% of all property transactions, often enabling buyers to negotiate better purchase prices and expedite closing processes. Cash buyers avoid mortgage application complexities and can move quickly on attractive properties in competitive situations.

Developer financing options sometimes become available for new construction and off-plan purchases in developing districts, offering alternative funding structures for buyers seeking recently built properties with modern amenities and warranties.

If you want to buy to live, what areas and property types make the most sense in terms of lifestyle and affordability?

Agadir offers diverse residential options catering to different lifestyle preferences and budget requirements for owner-occupants.

City center living provides convenient access to amenities, shopping, restaurants, and business districts, making it ideal for professionals and those preferring urban convenience. Marina and Cité Suisse neighborhoods offer family-friendly environments with good schools and community facilities, appealing to expatriate families and affluent local residents.

Beachside areas like Taghazout cater to lifestyle buyers seeking ocean proximity, water sports access, and resort-style living. These coastal locations command premium prices but deliver exceptional quality of life for those prioritizing beach access and tourism amenities.

Budget-conscious buyers can find affordable options in El Houda and Hay Mohammadi, suitable for first-time homeowners or those seeking basic accommodation with growth potential. These developing areas offer entry-level pricing while benefiting from ongoing infrastructure improvements.

Villa options work well for retirees or expatriate families requiring space, privacy, and comfort, while apartments provide flexibility and lower maintenance responsibilities for young professionals or those uncertain about long-term residence plans.

If you want to buy to rent out, which areas, property sizes, and budgets generate the strongest rental demand and occupancy?

Successful rental investment in Agadir requires strategic location and property type selection based on target tenant demographics.

1. **Beachfront and Marina properties** generate the highest rental demand from tourists and expatriate tenants seeking luxury accommodations with ocean access and resort amenities2. **Hay Mohammadi district** provides strong rental demand from budget-conscious tenants, students, and local families seeking affordable housing in improving neighborhoods3. **Cité Suisse area** attracts family renters, both local and international, seeking established residential communities with schools and services4. **City center apartments** appeal to business travelers, young professionals, and short-term visitors requiring urban convenience and transportation access5. **Student housing locations** around educational facilities maintain consistent year-round occupancy with predictable rental income from university students

Optimal property sizes include studio and one-bedroom units for short-term tourist rentals, while two to three-bedroom apartments attract family tenants and expatriate renters. Furnished properties consistently outperform unfurnished options in rental yield and occupancy rates.

It's something we develop in our Morocco property pack.

If you want to buy mainly for capital appreciation, where should you position yourself now to maximize resale value later?

Strategic property positioning for capital appreciation requires focus on areas with development catalysts and limited supply constraints.

Premium beachfront locations in Taghazout and Marina districts offer the strongest appreciation potential due to limited developable oceanfront land and increasing tourism infrastructure investment. These areas benefit from both scarcity value and growing international recognition as luxury destinations.

Luxury developments and high-end properties near major infrastructure projects provide appreciation opportunities as neighborhood improvements enhance overall area desirability. Properties adjacent to the Taghazout Bay resort development and marina expansion projects should benefit from increased visitor traffic and improved amenities.

Developing zones like Hay Mohammadi and areas near planned resort or technology hubs offer higher-risk, higher-reward appreciation potential as urban modernization projects progress. Early investment in these improving neighborhoods could generate substantial returns as development plans materialize.

High-liquidity assets including well-located apartments, prime land parcels, and tourism-oriented villas provide the fastest resale potential and most reliable value retention during market fluctuations. These property types appeal to the broadest buyer base and maintain consistent demand across economic cycles.

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.

Sources

1. Sands of Wealth - Agadir Price Forecasts
2. Sands of Wealth - Agadir Real Estate Market
3. Bladi.net - Agadir Real Estate Market Report
4. Properstar - Agadir House Prices
5. Airbtics - Airbnb Revenue Agadir
6. Sands of Wealth - Agadir Real Estate Trends
7. Sands of Wealth - Morocco Real Estate Forecasts
8. Global Property Guide - Morocco Price History