Buying real estate in Tangier?

We've created a guide to help you avoid pitfalls, save time, and make the best long-term investment possible.

19 strong trends for 2025 in the Tangier property market

Last updated on 

Authored by the expert who managed and guided the team behind the Morocco Property Pack

buying property foreigner Morocco

Everything you need to know before buying real estate is included in our Morocco Property Pack

What is happening in Tangier’s real estate market? Are prices on the rise or decline? Is Tangier still attracting foreign investors? How are local government policies and taxes shaping the real estate landscape in 2025?

These are the questions we hear every day from professionals, buyers, and sellers alike, from the bustling medina to the scenic coastal areas. Perhaps you’re curious about these trends too.

We know this because we stay closely connected with local experts and individuals like you, exploring the Tangier real estate market daily. That’s why we crafted this article: to offer clear answers, insightful analysis, and a comprehensive view of market trends and dynamics.

Our aim is straightforward: to make sure you feel informed and confident about the market without needing to search elsewhere. If you think we missed something or could improve, we’d love to hear your feedback. Feel free to message us with your thoughts, and we’ll strive to enhance this content for you.

How this content was created 🔎📝

At Sands Of Wealth, we study the Tangier 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 throughout the place. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These trends 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, like EBRD, Legal 500, and DWS (among many others).

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded. For the "trends" meeting our standards, we go and look for more insights from real estate blogs, industry reports, and expert analyses, alongside our own knowledge and experience. We believe it makes them more credible and solid.

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 forecasts 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.

If you think we could have done anything better, please let us know. You can always send a message. We answer in less than 24 hours.

1) European investors will increasingly focus on Tangier for its strategic location

European investors are increasingly drawn to Tangier due to its strategic location.

Perched at the crossroads of Europe and Africa, Tangier is a key hub for trade and investment. This unique position makes it a magnet for European businesses looking to expand their reach.

The Tanger Med port complex is a game-changer, with its capacity to handle over 8.6 million TEUs in 2023, marking a 13.4% growth from the previous year. This bustling port, with a 17% increase in ship berths, is a vital maritime gateway for European investors.

Major European automotive giants like Renault and PSA Group have set up shop in Tangier, turning it into a thriving center for car production and export. The Tangier Tech City Project is also on the horizon, promising to attract European tech companies.

Enhanced transportation links, including expanded highways and high-speed rail, have made Tangier more accessible. This improved connectivity boosts its appeal as a strategic investment location for Europeans.

With these developments, Tangier is poised to become an even more attractive destination for European investors, eager to tap into its strategic advantages.

Sources: Atalayar, IEMed, Carnegie Endowment

2) Luxury property prices in Tangier will rise due to demand from high-net-worth individuals

The luxury property market in Tangier is set to see a price hike, thanks to interest from high-net-worth individuals.

One major factor is the buzz around the Mohammed VI Tangier Tech City. This massive $1 billion project is not just about tech; it's about creating 100,000 jobs and housing 300,000 people. Such developments naturally attract foreign investors, which in turn, pushes property values up.

There's also a growing number of wealthy individuals eyeing Moroccan properties. According to Wealth-X, Morocco now hosts 35 ultra high net worth individuals with a combined wealth of $5 billion. These folks see property as a smart investment, and Tangier's luxury market is catching their eye.

Then there's the Tangier Med Port expansion, which is a game-changer for the city. It's boosting economic activities and drawing in more businesses. This business influx is expected to drive up property demand in nearby areas, leading to higher prices.

The Moroccan government is also playing its part by rolling out initiatives to attract foreign investors. They're promoting tourism and real estate investment, which further supports the trend of rising property prices.

Sources: M2Maroc, Le Figaro Properties, Rich Lion Properties

infographics rental yields citiesTangier

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.

3) Tangier will attract more foreign retirees for its affordable living and favorable climate

Foreign retirees are increasingly drawn to Tangier because of its affordable living costs and pleasant climate.

Living in Tangier is a bargain compared to many European cities. For instance, Tangier's Cost of Living Index is 40.6, whereas Portugal, another favorite for retirees, stands at 63.5. This means your money goes further in Tangier, making it a smart choice for those on a budget.

To live comfortably in Tangier, you only need about $308 a month. Compare that to Portugal, where you'd need around $2,189 monthly. This stark difference highlights why Tangier is becoming a go-to spot for retirees looking to stretch their savings.

When it comes to weather, Tangier offers a delightful Mediterranean climate. Winters are mild, with January highs around 16°C (61°F), and summers are warm, peaking at 29°C (84°F) in August. This kind of weather is perfect for those who want to avoid harsh winters and enjoy sunny days.

Imagine spending your days in a city where the sun shines brightly, and the cost of living is easy on your wallet. Tangier's climate and affordability make it a hidden gem for retirees seeking a comfortable and cost-effective lifestyle.

With its unique blend of affordability and favorable weather, Tangier is quickly becoming a top choice for retirees from around the world.

Sources: Hespress, World Weather Online, Expatistan

4) Remote work trends will boost demand for home office spaces

Remote work is on the rise, and it's changing how we think about our homes.

By 2023, 28% of employees worldwide were working from home, and this number is climbing. In the U.S., it's expected that by 2025, 32.6 million people will be working remotely, making up about 22% of the workforce. This shift is reshaping what people look for in a home.

In 2024, a survey revealed that 91% of employees preferred working from home, either fully or mostly. This preference is driving a surge in demand for home office spaces. People want to set up comfortable and efficient work environments at home, which is becoming a key factor in home buying decisions.

The home office furniture market is booming, too. In 2024, it was valued at USD 21.79 billion, and it's expected to keep growing. This reflects the increasing need for dedicated home office setups as more people embrace remote work.

Real estate trends show a growing interest in homes with dedicated office spaces. As remote work becomes more common, buyers are seeking properties that can accommodate their work needs, further fueling the demand for home office spaces.

Sources: Matsh, Straits Research, Join Genius

5) Tangier's city center will see moderate price rises with expanding commercial activities

The city center of Tangier is set for a moderate price increase as commercial activities continue to grow.

With property transactions on the rise, the median price for an apartment in Tangier is currently MAD 14,024 per square meter. This steady market suggests that as demand increases, prices are likely to follow suit. The bustling city center is becoming a hotspot for both investors and potential homeowners.

Companies like Aafer Group are making significant investments in Tangier, focusing on luxury residential, commercial, and mixed-use projects. This influx of development is a clear sign of confidence in the area, and such investments often lead to higher property values as more businesses and residents flock to the city center.

Tourism in Tangier is bouncing back, nearing its pre-pandemic levels. This resurgence is bringing more foot traffic and consumer spending to the central commercial areas. As businesses aim to tap into this growing market, property prices are likely to climb to reflect the increased demand from both tourists and locals.

For those considering a property purchase in Tangier, the city center offers a promising opportunity. The combination of rising property transactions, significant investments, and a tourism boost creates a dynamic environment where property values are expected to rise.

As commercial activities expand, the city center is becoming an attractive hub for both business and leisure. This transformation is not just about numbers; it's about the vibrant energy and potential that Tangier holds for future growth.

Sources: Properstar, Immoworld, EBRD

Get fresh and reliable information about the market in Tangier

Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.

buying property foreigner Tangier

6) Property prices in Tangier's outskirts will slightly decline due to oversupply

The outskirts of Tangier are seeing a boom in new housing developments.

In areas like Mesnana, Marjane, and Aouama Gharbia, real estate agencies are noticing a rise in unsold properties. This means there are more homes than buyers, leading to an oversupply.

Construction reports highlight a surge in building permits for these outskirts, showing that new projects keep adding to the housing stock. Local government data backs this up with planned projects like Les Jardins de Mesnana Golf and Les Jardins de l'Éden.

For potential buyers, this oversupply could mean slightly lower property prices in these areas. It's a buyer's market, with more options and possibly better deals.

Insiders suggest that this trend might continue, as developers are eager to capitalize on Tangier's growth. However, the pace of new developments might slow down if the market doesn't absorb the current supply.

So, if you're considering buying property here, keep an eye on these trends. The current market conditions could work in your favor.

Sources: Mubawab, Immoworld

7) City center rental yields will rise with growing demand for short-term rentals

Rental yields in Tangier's city center are set to rise as more tourists flock to the city, seeking short-term stays.

With Tangier's rich history and vibrant culture, tourism is booming, drawing visitors eager for unique experiences. This surge in tourism is fueling the demand for short-term rentals, making them a hot commodity.

In the heart of Tangier, Airbnb listings are multiplying, reflecting the growing interest in short-term accommodations. As more properties enter the market, competition among hosts is heating up, which can lead to increased rental yields.

Short-term rentals in Tangier often boast higher occupancy rates than their long-term counterparts. This means these properties are frequently booked, translating to better returns for property owners.

Government efforts, like the development of the Tangier-Med Port and infrastructure upgrades, are making the city even more attractive to tourists. These initiatives are expected to draw more visitors, further boosting the demand for short-term rentals.

Travelers today are increasingly opting for short-term rentals over traditional hotels, seeking authentic local experiences that these accommodations offer. This shift in preference is another factor driving up rental yields in Tangier.

Sources: PECB Insights, Global Property Guide

8) Suburban rental yields will dip slightly as competition increases

In 2023 and 2024, suburban Tangier saw a boom in new housing developments, especially in upscale areas like Marchane and Iberia.

This surge has led to more rental properties flooding the market, making it tougher for landlords to find tenants. With foreign investors pouring money into these developments, landlords might need to drop rental prices to avoid empty units, which could mean lower rental yields.

Interestingly, many people now prefer the hustle and bustle of city life. This trend is causing a shift in population demographics, with more folks choosing urban living for its convenience and lifestyle perks.

As a result, suburban areas are feeling the pinch. With fewer people looking to rent in these neighborhoods, competition among landlords is heating up, pushing them to offer better deals to attract tenants.

In Tangier, this means suburban rental yields might take a hit. The increased supply and changing preferences are making it a challenging market for landlords.

So, if you're considering buying property in Tangier, keep an eye on these trends. The suburban rental market is evolving, and understanding these dynamics can help you make informed decisions.

Sources: Kensington Morocco, DWS

statistics infographics real estate market Tangier

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.

9) High-end rental yields will rise with the growth of expatriate communities

The high-end rental market in Tangier is set to grow as more expatriates move to the city.

With its strategic location and economic opportunities, Tangier has become a magnet for expatriates, leading to a steady population growth of 2.66% in 2024. This influx is largely due to the city's appeal as a business hub and its vibrant cultural scene.

Expatriates in Tangier are on the lookout for luxury accommodations that match their lifestyle, which is why the demand for high-end rental properties is on the rise. These properties offer the comfort and amenities that international residents expect, making them highly sought after.

Adding to this demand, companies like Sumitomo Electric Industries are setting up shop in Tangier, bringing in more expatriates. The presence of such multinational firms not only boosts the local economy but also increases the need for upscale housing options.

The Moroccan government is also playing a role by offering incentives to attract foreign investment, which in turn fuels the growth of expatriate communities. This supportive environment makes Tangier an attractive destination for both businesses and individuals looking to relocate.

As these trends continue, high-end rental properties in Tangier are expected to see a yield increase, making it a promising market for investors. The city's unique blend of business opportunities and lifestyle appeal ensures a steady stream of expatriates seeking quality housing.

Sources: World Population Review, Sumitomo Electric, Macrotrends, American Eagle

10) Budget rental yields will decline as new developments flood the market

Tangier's property scene is buzzing with new developments, from luxury apartments to villas.

With these new builds popping up, the rental market is feeling the heat, especially for budget-friendly options. As more properties hit the market, vacancy rates for cheaper rentals are climbing, a trend seen in many fast-growing cities.

The October 2024 Rental Report shows that rental supply has surged, pushing down prices in the budget segment. As more multifamily homes become available, this pattern is expected to persist, squeezing yields for budget rentals.

Big projects like the Tangier City Port Redevelopment are adding to the property glut. This oversupply, along with a shift in consumer taste towards newer digs, means budget rentals might not be the hot ticket they once were.

As Tangier continues to grow, the focus seems to be shifting towards upscale living, leaving budget rentals in a tough spot. The influx of modern properties is changing the game, making it harder for budget rentals to compete.

For those eyeing property in Tangier, it's worth noting that the market dynamics are evolving, with new developments reshaping the landscape.

Sources: Realtor.com, Arab Urban, Kensington Morocco

11) Demand for accessible housing will grow due to an aging population

The aging population in Morocco is shaping the housing market, especially in cities like Tangier.

With life expectancy now at 77 years, more people are living longer, which means their housing needs are evolving. Older adults often look for homes that cater to their mobility, like single-story houses or apartments with elevators. This shift is not just a trend; it's a necessity as people age.

In early 2024, the senior housing industry saw a 40% increase in the absorption rate, indicating a strong demand for accessible homes. This surge is largely due to retirees flocking to coastal areas, where they seek comfortable and convenient living spaces.

As the median age in Morocco continues to rise, the need for housing that accommodates older adults becomes more pressing. Many seniors are drawn to Tangier for its coastal charm, further driving the demand for suitable housing options.

Developers are taking note, increasingly focusing on creating homes that meet the needs of this demographic. The trend is clear: accessible housing is becoming a priority as the population ages.

For potential buyers, understanding this shift is crucial. Investing in properties that cater to the elderly could be a wise move, given the growing demand. Accessible housing is not just a market trend; it's a response to a demographic reality.

Sources: Hespress, NIC MAP Vision, Senior Housing Solutions

Don't buy the wrong property, in the wrong area of Tangier

Buying real estate is a significant investment. Don't rely solely on your intuition. Gather the right information to make the best decision.

housing market Tangier

12) Property interest in the Marshan district will decline as newer areas become more accessible

Tangier's real estate scene is shifting dramatically as newer areas like Malabata and Cap Spartel become more accessible.

Thanks to improved infrastructure, including high-speed trains to Casablanca, these areas are now more appealing to buyers. While Marshan has seen property prices rise, newer districts offer luxury homes at more competitive rates. Imagine sleek, modern villas with all the high-end amenities you could want, often at prices that beat those in Marshan.

Development is booming in these newer districts, with projects like Tangier City Center and Marina de Tangier leading the way. These projects offer ultra-modern living spaces that are attracting both investors and residents. Younger folks are flocking to these areas, drawn by the promise of modern amenities and a vibrant lifestyle.

Market reports show that newer districts are growing faster than Marshan. With foreign investments pouring in and ongoing city development, real estate in these emerging areas is expected to appreciate steadily. Surveys highlight a clear trend: people prefer the modern conveniences that are more abundant in these newer districts.

Sources: Kensington Morocco, Epic Travel

13) Affordable housing projects will stabilize prices in certain neighborhoods

Affordable housing projects can stabilize property prices in certain neighborhoods.

When the government invests in affordable housing, like in Morocco, it opens up more options for people, especially young professionals starting their careers. This increase in housing supply helps balance demand, keeping prices from shooting up.

Looking at other cities, we see that introducing affordable housing often leads to stabilized property prices in nearby areas. In Tangier, projects like the Mohammed VI Tangier Tech City are expected to draw many people, which can help stabilize prices as more housing becomes available.

Community support is key. In Tangier, the growing expatriate population and the expanding local upper middle class are driving demand for quality housing. This demand backs the development of affordable housing, which in turn helps stabilize prices by offering more choices for these groups.

Policy changes and government initiatives are crucial too. By providing real estate loans and supporting affordable housing projects, the Moroccan government is driving demand and stabilizing prices in targeted neighborhoods.

These efforts are not just about building homes; they’re about creating a balanced market where everyone has a fair chance to find a place to live.

Sources: ImmoWorld, Kensington Morocco

14) City center rents will increase as demand from young professionals grows

Tangier is buzzing with new job opportunities, thanks to the booming Technopark.

This tech hub, a smart mix of public and private efforts, is all about creating jobs right in the city center. Young professionals are flocking here, eager to live close to work, which is driving up the demand for housing nearby.

The Technopark's expansion is a big deal. It's now as big as the one in Rabat and is set to grow even more with three additional floors. This shows a clear trend—young professionals are keen on city-center living, which naturally means more people are looking to rent.

But it's not just about the Technopark. Tangier is also seeing a rise in coworking spaces, which are part of a larger plan to create a lively tech scene. These spaces are magnets for entrepreneurs, offering them a place to work and connect, which in turn attracts more young professionals to the heart of the city.

All these developments are making the city center a hot spot. Rents are likely to climb as more young professionals move in, eager to be part of this vibrant community.

Source: Wamda

infographics comparison property prices Tangier

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.

15) Suburban rents will stay stable as new housing projects balance supply and demand

Tangier is buzzing with new suburban developments, thanks to a strategic push by the Urban Agency of Tangier.

From 2023 to 2025, the agency's action plan is all about large-scale projects to boost regional growth. These projects are not just about building homes; they're reshaping the local housing market, making it more dynamic and attractive for potential buyers.

The Tangier City Council is backing this transformation with a whopping 24.6 billion dirhams dedicated to urban planning and real estate from 2022 to 2027. This hefty investment is crucial for increasing the housing supply in suburban areas, which helps keep rental prices steady by balancing supply and demand.

RealPage Inc. reports a high occupancy rate for rental apartments, signaling a stable rental market. New housing units are being snapped up quickly, maintaining the balance between supply and demand and supporting stable rental prices.

The Tangier Urban Agency isn't stopping at housing; they're also focusing on infrastructure improvements like road demarcation and building regularization. These enhancements make suburban living more appealing, further contributing to rental stability.

With these developments, Tangier's suburban areas are becoming increasingly attractive, offering a balanced market where rental prices remain stable as new housing projects meet demand.

Sources: Global Property Guide, Atalayar, Loebsack & Brownlee, Atalayar

16) Affordable rental markets will see a slight rent drop as new developments emerge

Tangier is buzzing with new construction projects, making it an exciting time for potential property buyers.

With the city port's redevelopment, Tangier is set to become a lively tourist hotspot, featuring new residential and office spaces. This means more rental units will soon be available, which could lead to a slight dip in rent prices as tenants have more choices.

Historically, when cities see a surge in new developments, rental prices tend to drop a bit due to increased competition. Tangier is expected to follow this trend, offering more affordable options for renters.

In 2023 and 2024, the city saw a significant rise in construction permits and approvals, indicating a strong economic pulse. This boom in building activity suggests an increase in available rental properties, which might ease rent prices slightly.

As new developments come online, the rental market often experiences a shift. In Tangier, this influx of new properties is likely to create a competitive rental environment, benefiting those looking to rent.

For those considering buying property in Tangier, this is a promising time. The city's growth and development projects are not only enhancing its appeal but also potentially making rental markets more affordable as supply increases.

Sources: Arab Urban Development Institute, Agenz.ma, Buildium

17) Smart home technology will be a major selling feature in new developments

Smart home technology is becoming a key selling point in new real estate developments.

Imagine walking into a home where everything from the lights to the thermostat adjusts to your preferences. This isn't just a dream; it's the reality of smart homes today. The global smart home market was valued at $80.21 billion in 2022, and it's expected to skyrocket to $338.28 billion by 2030. This massive growth shows just how much people are interested in making their homes smarter.

Why the buzz around smart homes? Well, one big reason is energy efficiency. Since 2020, more people have been spending on smart home gadgets, and by 2025, this spending is expected to hit $173 billion. These devices can cut energy costs by up to 30%, which is a huge draw for anyone looking to save on bills.

Buyers are on the lookout for homes with the latest tech. A survey by Deloitte Research found that 52% of commercial real estate firms see IoT sensors and AI as top factors influencing tenant choices. Real estate agents are noticing this trend too, with more buyers asking for homes that come with advanced tech features.

The IoT market is booming, with an annual growth rate of over 26%, and it's expected to hit around $2.5 trillion by 2029. This growth is fueled by the expansion of the 5G IoT market, which was valued at $10.76 billion in 2023 and is projected to reach $208.48 billion by 2032.

For those considering a property purchase, smart home technology isn't just a luxury; it's becoming a standard. As these technologies continue to evolve, they offer not just convenience but also significant savings and increased property value.

Sources: Appinventiv, Coolest Gadgets, Imaginovation, Race Communications

Make a profitable investment in Tangier

Better information leads to better decisions. Save time and money. Download our guide.

buying property foreigner Tangier

18) Virtual reality tours will become more prevalent in Tangier’s real estate market

Virtual reality tours are becoming a staple in Tangier's real estate scene.

Globally, more than half of adults have experienced a virtual tour, and 67% of home buyers now prefer virtual tours when checking out listings. This trend is catching on in Tangier, driven by the convenience it offers.

International buyers, in particular, are fueling this demand. They want to explore properties without hopping on a plane, and Morocco's impressive 90.7% internet penetration as of January 2024 makes this possible.

Thanks to advancements in VR technology, high-quality virtual tours are now more affordable and accessible for real estate agencies. Tangier is investing in digital infrastructure, ensuring these tools are readily available.

Real estate agencies in Tangier are capitalizing on this by offering immersive virtual experiences. This not only attracts more buyers but also streamlines the property viewing process.

As the digital landscape evolves, virtual reality tours are set to become even more integral to the real estate market in Tangier, making property hunting easier and more engaging.

Sources: DataReportal, PhotoUp

19) New tax incentives will boost investment in Tangier’s residential market

In 2023 and 2024, Tangier became a hotspot for foreign investors, especially from Europe and the Gulf.

With property prices lower than other Mediterranean cities, Tangier's strategic location and booming economy caught the eye of many. The Moroccan government sweetened the deal with new tax incentives, making the city even more appealing. These incentives are a game-changer, encouraging more people to consider investing in Tangier's residential market.

The government didn't stop there; they poured money into infrastructure, upgrading transportation, healthcare, and education. These improvements have boosted property values and made living in Tangier more attractive. As a result, the real estate market is buzzing with activity, drawing in more foreign investors eager to get a piece of the action.

To make things even better, the government rolled out specific tax breaks for housing developers and property owners. We're talking about exemptions on Stamp Duty, Capital Gain Tax, and more. These measures are designed to fuel real estate growth while keeping everything above board, making Tangier's residential market a hot ticket.

For those eyeing a property in Tangier, these tax incentives are a big deal. They not only reduce the financial burden but also make the investment more lucrative. It's no wonder that interest in Tangier's real estate is on the rise, with more and more investors looking to capitalize on these benefits.

So, if you're thinking about buying property in the country, Tangier should definitely be on your radar. With its thriving economy and strategic location, coupled with these enticing tax incentives, it's a prime spot for investment.

Sources: Legal 500, Immoworld, Kensington Morocco

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.