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How is the property market in Morocco? |
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Property in Morocco is approximately one third of the price
for comparable builds in Spain. The major cities of Morocco have
recorded capital growth of over 30% in the last 3 years.
In addition, King Mohammed 6th has liberalised
the political and tax system -
rental
income is now exempt from tax for 5 years and no
capital gains are paid if the property is sold after 10 years. |
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View 'Featured
Properties' in Morocco |
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What locations are recommended for
a property investment? |
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It is the major cities where capital
growth has been at its highest – most notably, Casblanca, Fes, Marrakech and Tangier.
Areas along the Mediterranean coast are expected to be the next
boom – prices are currently very low. |
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Learn more on
Atlantic
Coast Casablanca Fes Marrakech Mediterranean
Coast Rabat Tangier |
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What taxes do I pay when buying a
property in Morocco? |
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The primary taxes depend upon the type of property are below.
NOTE – 1,000 DH = 100 EUR approx.
- House for habitation - 3 years or more terrain without
a building and obligation to build within 7 years:
- Registration
fees: 2.5 %
- Notaries tax : 0.5 %
- Funciary conservation :1 %
- Notary’s fee : 2.5 %
- Current funciary conservation
(if necessary) : 0.5 %
- Sundries (fiscal stamps etc.)
1,500 to 3,000 DH
- Ad Valorem rights: 1.5 % up to 50,000
DH + 2 % above this
- Surveyor: 2,500 DH approximately
- Offices for commercial use or terrain without obligation
to build:
- Registration rights: 5 % (egistration rights for the
first sale of a commercial property is 2.5%)
- Notaries tax: 0.5 %
- Property registration: 1 %
- Emoluments, fees: %, with
a minus of 2.500 DH
- Sundries (fiscal
stamps etc.): approx. 2.000 DH
- Agricultural Land
- Foreigners are forbidden to buy
agricultural terrain. The only way
to legalize this is to change the
judiciary status
of the
land by declaring it
to be "non-agricultural" terrain.
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How is the Moroccan economy? |
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The government has implemented an economic reform program
supported by the IMF and World
Bank since the 1980s. It has restrained government spending,
revised the tax system and reformed the banking system. Tariffs
have been consistently lowered or removed. In 2005,
the Moroccan GDP grew 7 %. |
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How do I fly to Morocco from Europe
or the United States? |
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- To Tangier - twice
daily flights are available from Malaga and Casablanca
. Daily flights are available from Paris and London.
- To Casablanca - regular flights are
available from
Heathrow & Gatwick and the large US cities.
- In total 28 scheduled
flights per week are available to Morocco from the
UK (Manchester, Birmingham, Bristol, Newcastle) and Ireland
(Dublin, Cork and
Shannon).
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What services do Sunshine Estates
offer? |
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Sunshine Estates only work with experienced and
professional, local estate agents and developers in Morocco.
All partners are fluent in English. We offer a wide range of
apartments, villas and traditional riads in the major cities
of Casablanca, Fes, Marrakech and Tangier. |
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View Property in:
Morocco Casablanca Fes Marrakech Rabat Tangier |
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