FAQ

This depends on your appetite for creativity and design. If you want to create your dream riad, start from scratch with a riad to renovate. You may also benefit from lower prices. We can help you with designers, painters, decorators—anything you need. However, if you prefer something that’s ready to move into, low-stress, and ready to go, choose a renovated riad. We have many riads available that have been finished to high standards by professionals experienced in Marrakech.

Marrakech offers a wide range of properties, including traditional riads, contemporary villas, apartments, and building land for development. Each property type offers unique features and advantages, catering to different tastes and lifestyles. A reputable real estate agency can provide you with the guidance you need to choose the ideal property that meets your requirements.

Buying a property abroad can be a daunting and, to some, intimidating task. That’s why working with a reputable real estate agency that can guide you every step of the way can bring you closer to your goal of a seamless purchasing experience—especially if you’re unfamiliar with the local markets or legal requirements in Morocco.

The notary plays a crucial role in property transactions in Morocco. They are responsible for drafting and finalizing sales agreements, raising any red flags, and registering the property transfer. Their involvement adds an extra layer of security for all parties involved in the transaction.

Property taxes in Marrakech include the annual property tax and the municipal service tax. The rates vary based on the property’s size, value, and location. It is crucial to stay informed about these taxes and budget accordingly. Your real estate agent can tell you exactly how much you’ll need to pay. You’ll also find that it’s quite affordable to own property in Marrakech.

This depends on your preferences and budget. If you plan to use the property for some weeks or months of the year, ask yourself what you’d prefer. Typically, apartments cost less than villas, but there are exceptions. Renovated riads are often pricier, but riads to renovate may be more budget-friendly. Also, consider lifestyle: do you prefer to be in the city center or outside with a garden and a pool? These are important questions to answer before deciding.

In addition to the purchase price, buyers should budget for closing costs such as notary fees, registration fees, stamp duty, property transfer fees, taxes, and agency commissions. These closing costs typically add up to about 10% of the property’s purchase price. Miscellaneous costs may include translation fees, administrative fees, and the cost of a power of attorney or sales contract. Declaring your foreign investment to Moroccan authorities is highly recommended.

This depends on your goals. If you’re seeking short-term returns, consider areas close to Jamaa el-Fna, Kanaria, Riad Zitoune, Dar El Bacha, or Bab Doukkala. These central areas are popular and can provide rental income. For long-term investments, consider the outer areas of the Medina, where traditional riads are available at lower prices. As development continues, these areas are likely to appreciate significantly in value over time.

Yes, you can purchase buy-to-rent property, whether it’s a villa, apartment, or riad. However, if it’s an apartment, check whether the homeowners’ association permits short-term rentals on platforms like Airbnb or Booking.com. Most residences (90%) allow it.

The real estate market in Marrakech is experiencing positive trends. A high-speed train connecting Casablanca and Marrakech is expected within the next 2–3 years. Direct flights from New York and Montreal have already started. Additionally, the African Cup of Nations will be hosted in Marrakech next year, and the 2030 FIFA World Cup will also take place here. The market is poised for strong growth—invest while you can.

As long as you follow the proper procedures, there’s no problem. The notary will declare your investment to the Central Exchange Office in Casablanca. This declaration will be on file, allowing you to repatriate your initial investment and profits (after taxes) when you sell the property.

Once you agree on a price with the seller, you contact a notary. The notary prepares a draft contract, and you transfer funds into escrow with the notary. Both parties sign the contract, and you receive the keys.

Yes, you can purchase a guesthouse or hotel in Marrakech. Typically, the contract will have two parts: one for the property and another for the commercial goodwill. There’s no issue with such purchases.