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Everything you need to know before buying real estate is included in our Morocco Property Pack
What do the latest numbers reveal about Tangier’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Tangier, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.

How this content was created 🔎📝
1) New residential construction projects in Tangier grew by 8% in 2024
New residential construction projects in Tangier have increased by 8% in 2024.
One of the main reasons for this growth is the significant surge in foreign investment, especially from European and Gulf countries. This influx of capital has sparked a higher demand for real estate, making Tangier a hot spot for property buyers.
Tangier's appeal is not just financial; its strategic location as a gateway between Europe and Africa adds to its allure. The city offers stunning coastal views, attracting both local and international buyers who are keen on luxury real estate, including high-end sea view apartments.
The city is also benefiting from ongoing infrastructure improvements and economic development. These enhancements make Tangier even more attractive to investors and homebuyers, further boosting the real estate market.
All these factors combined have led to the thriving luxury real estate market in Tangier. The demand for high-end properties continues to grow, contributing to the rise in new residential construction projects.
With these developments, Tangier is becoming a prime destination for those looking to invest in real estate, offering a unique blend of strategic location, economic growth, and luxury living.
Source: Immovorld.ma
2) Residential property supply in Tangier grew by 6% in 2024
In 2024, the supply of residential properties in Tangier increased by 6%.
This growth was driven by a surge in demand for high-end apartments and villas, even as prices climbed. Tangier's economy is thriving, and this economic vitality is drawing in buyers who are eager to invest in the city's promising future.
Infrastructure developments have played a crucial role in this trend. Projects like the Tangier Med port and a new marina have transformed the city, while the high-speed rail line to Casablanca has made it more accessible. These improvements have not only enhanced the city's appeal but have also boosted the luxury real estate market, attracting investors and affluent residents globally.
The real estate market in Tangier is ripe with unique investment opportunities. A diverse selection of high-end properties, from luxury apartments to traditional riads, is available. This variety has caught the attention of savvy investors looking for promising ventures.
Moreover, the dynamic luxury rental market in Tangier offers average annual yields between 4% and 6% for well-located properties. This potential for lucrative returns has further fueled the increase in property supply, as more investors seek to capitalize on these opportunities.
Sources: Agenz, Immoworld, Kensington Morocco

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) Beachfront property demand in Tangier rose by 9% in 2024
In 2024, the demand for beachfront properties in Tangier increased by 9%.
Tangier's appeal skyrocketed thanks to major infrastructure upgrades. The city now boasts the impressive Tanger-Med Port, a new marina, and a high-speed train line to Casablanca, making it more accessible and attractive for potential buyers.
Foreign investment played a big role, especially from European and Gulf countries. This influx of capital has led to a higher demand for luxury properties, including beachfront apartments and villas, as investors seek prime real estate.
The growing expatriate community in Tangier is also a factor. Many are looking for modern living spaces that offer easy access to social and recreational activities, further driving the demand for these properties.
With these developments, Tangier is becoming a hotspot for those seeking a blend of luxury and convenience. The city's transformation is evident in its booming real estate market, attracting both local and international buyers.
As Tangier continues to evolve, its real estate market reflects a city on the rise, with increased interest in beachfront properties leading the charge.
Sources: Immoworld, Kensington Morocco
4) Properties in Tangier appreciate at an average rate of 3% annually
The average annual appreciation rate for properties in Tangier is around 3%.
In recent years, Tangier's real estate market has been on the rise, thanks to improvements in infrastructure and a boost in economic activities. The city is seeing a wave of foreign investments, which is pushing property values up. This trend mirrors the overall growth in property values across Morocco.
Tangier's appeal lies in its strategic location and cultural richness. The city is not just a hub for investors but also a desirable place for residents. Its modern infrastructure adds to its charm, making it a hotspot for real estate, where property values continue to climb steadily.
The rental market in Tangier is thriving, especially for luxury properties. Investors are drawn to the attractive rental yields that the city offers. This makes real estate in Tangier a potentially lucrative investment opportunity.
To make smart investment choices, it's crucial to understand market trends and future developments. Consider factors like the property's location, current market conditions, and legal aspects such as property titles and tax implications.
Sources: ImmoWorld, Kensington Morocco, ImmoWorld
5) Household utility costs in Tangier average around $100 monthly
In Tangier, the average cost of utilities for a household is about $100 per month.
For families, the utility bill typically runs around $86.6 monthly, covering essentials like electricity, heating, and water. If you're living alone, expect to pay about $55.9 each month. These numbers highlight how utility costs can shift based on household size and usage habits.
Living in Tangier is generally affordable, with lower prices for food, transportation, and housing compared to Western countries. This affordability might make the utility costs seem more reasonable to newcomers.
Many find that the cost of living in Tangier allows for a comfortable lifestyle without breaking the bank. The city's affordability is a significant draw for those considering a move.
When you compare Tangier to other cities, the overall expenses, including utilities, are quite manageable. This makes it an attractive option for potential property buyers.
Sources: LivingCost.org, TravelTables
Don't buy the wrong property, in the wrong area of Tangier
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6) Demand for sea-view properties in Tangier rose by 8% in 2024
In 2024, the demand for properties with sea views in Tangier increased by 8%.
Tangier is becoming a hotspot for expatriates and tourists, thanks to its European-style architecture and breathtaking coastal views. These features make sea-view properties highly sought after.
The city is transforming into a hub for luxury living, with new residential complexes and commercial spaces popping up. This development, along with Tangier's improving infrastructure, is attracting both investors and residents.
International buyers and renters are flocking to Tangier, drawn by its unique mix of European and Moroccan culture. This cultural blend is a major factor in the rising interest in sea-view properties.
Strategically located, Tangier offers a perfect blend of modern amenities and cultural richness, making it an appealing choice for those looking to invest in real estate. The city's strategic location enhances its appeal.
With its growing popularity and development, Tangier is set to continue attracting those seeking a unique living experience by the sea. The city's charm and strategic advantages are key drivers of this trend.
Sources: DarTanger, Celestia Invest
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.