Real estate in Morocco in 2026: prices, projects and opportunities for MRE
Cheap money, strong demand and the 2030 World Cup pipeline: Moroccan real estate enters a rare phase in 2026. Prices by city, mortgage rates, structuring projects, rental yields and MRE buying trends, here is the full picture to decide before buying in Morocco.
In short
Moroccan real estate enters a rare phase in 2026: cheap money, strong demand and the 2030 World Cup pipeline in the background. For an MRE who wants a pied-a-terre, is preparing a return or wants to invest in rentals, it is a window to understand before buying. Key facts first:
- •Key rate held at 2.25% by Bank Al-Maghrib, pushing mortgage rates towards their lows, around 4.1% to 5.2% in early 2026 depending on profile and term.
- •Indicative price per sqm in 2026: Casablanca around MAD 13,900 (over 35,000 in Anfa), Rabat Souissi 20,000 to 35,000, Tanger median near 12,500, Marrakech driven by luxury and rentals, Agadir more affordable.
- •Tanger is the most dynamic city, with growth estimated around 8.5% per year, driven by Tanger Med, the free zone and Tanger Tech City.
- •MRE and foreign buyers account for a growing share of transactions, especially in the premium segment. In Marrakech, nearly 18% of buyers are foreign.
- •Gross rental yield: around 8% in Tanger, close to 7% in Casablanca and Marrakech, around 4.8% in Agadir. Short-term rental in Marrakech can aim higher, but it is increasingly regulated.
- •On support schemes: MRE mortgage up to 80% over 25 years, the direct Daam Sakane housing aid, fund transfer and rent repatriation via a Moroccan bank and the Office des Changes.
A market driven by low rates and the 2030 World Cup
Two engines explain the current momentum. First, cheap money. Bank Al-Maghrib held its key rate at 2.25%, and average long-term mortgage rates are near historic lows, in a range of about 4.1% to 5.2% in early 2026 depending on the bank, term and borrower profile. For a buyer using credit, that mechanically means more purchasing power than two years ago.
Second, the country's pipeline. Morocco plans around MAD 1,300 billion of public and private investment by 2030, across infrastructure, stadiums, transport and hospitality, largely linked to the 2030 World Cup. Extended high-speed rail, wider tramways, ports, urban requalification: all of this lifts entire neighborhoods and creates areas where demand will structurally rise.
On top of that, a housing deficit estimated at around 334,000 units. In other words, underlying demand stays above supply, which supports prices in the medium term, especially in large cities and well-connected areas.
Prices by major city in 2026
Prices vary enormously between neighborhoods. Here are indicative 2026 ranges for residential, to refine case by case with a local professional.
| City | Indicative price per sqm (2026) | Market profile |
|---|---|---|
| Casablanca | ~MAD 13,900 on average, 9,500 to 11,000 mid-range, over 35,000 in Anfa | Economic capital, highest prices, sought-after premium |
| Rabat | Souissi 20,000 to 35,000, cheaper in the outskirts | Administrative market, stable and premium |
| Tanger | Median near 12,500, new build centre and Corniche 16,000 to 22,000, outskirts 8,500 to 11,000 | The most dynamic, strong rise over 5 years |
| Marrakech | Highly variable by segment, premium and second homes lead | Luxury, seasonal rental, strong foreign clientele |
| Agadir | More accessible than the big metros | Seaside, opportunities, more modest yield |
The general trend: Casablanca and Rabat hold high but more stable prices, while Tanger and Marrakech show the strongest momentum. In Tanger, some sought-after neighborhoods rose 30 to 50% in five years.
Why MRE buy, and on what terms
2026 demand is driven by three profiles that often overlap among MRE: those who want a pied-a-terre or are preparing a return, those targeting medium-term appreciation, and those settling for good. As a result, the share of MRE and foreigners is rising, especially in the premium segment.
The good news is that the framework is favorable. An MRE buys on the same terms as a resident. Moroccan banks finance up to 80% of the property over terms up to 25 years, with a deposit generally between 10 and 40% depending on the institution and the file. Funds are transferred from abroad via a Moroccan bank, and rents are repatriated via the Office des Changes. On tax, several provisions favor MRE on rental income and capital gains, which we detail in our dedicated guides.
Two reflexes before signing. Compare the total cost of credit, insurance and fees included, not just the advertised rate. And have the property valued by an independent professional, because prices quoted to buyers coming from abroad are sometimes inflated.
Where the opportunities are
Several leads stand out for 2026.
- •Tanger, clearly the city to watch. The Tanger Med port, the free zone, the Tanger Tech City project on about 400 hectares expected to create tens of thousands of jobs, the tramway extension and the high-speed rail link to Casablanca and Rabat make it the most promising destination, with growth estimated around 8.5% per year.
- •The mid-range. Properties under 80 sqm and budgets around MAD 600,000 to 700,000 are becoming the market's core. It is often the best balance of rental demand and resale liquidity.
- •New cities and eco-districts. The Zenata eco-city, between Casablanca and Rabat, planned for around 300,000 inhabitants on 1,860 hectares, illustrates this logic of well-served new districts with strong appreciation potential as infrastructure is delivered.
- •Marrakech for tourist rentals, for those who accept more active management and a regulatory framework to watch.
Rental yield, what you can aim for
For a rental investment, here are 2026 orders of magnitude in gross yield, before charges and tax.
| City | Indicative gross rental yield | Main asset |
|---|---|---|
| Tanger | around 8% | Port, industry, rising demand |
| Casablanca | around 7% | Deep and diversified rental demand |
| Marrakech | 7% and above seasonal | Tourism, the most active Airbnb market in the country |
| Agadir | around 4.8% | Seaside, lower entry tickets |
In Marrakech, short-term rental shows strong figures, with an average rate around MAD 1,265 per night and an occupancy near 64%. Be careful though: short-term rental is increasingly regulated, and local rules are evolving. Check what applies to your municipality and property type before building your whole calculation on the seasonal angle.
Pitfalls to avoid when buying from afar
Buying in Morocco from abroad is manageable, but a few mistakes are costly.
- •The property's legal status. A land title is not a Moulkia. Require a property registered at the land registry and check there is no mortgage or dispute before any deposit.
- •The preliminary contract and deposit. Never pay money without a solid preliminary contract that protects your deposit. The authentic form is mandatory for certain operations.
- •Signing remotely. A well-drafted power of attorney lets you sign the preliminary contract and the deed without traveling, provided the legal forms are respected.
- •Protecting the property over time. Spoliation and fraudulent sales exist. Put the right monitoring reflexes in place, especially if the property stays empty part of the year.
Each of these points has a detailed practical guide on LesMRE.
Useful schemes in 2026
- •MRE mortgage: up to 80% of the property over 25 years, dedicated packages depending on the bank.
- •Daam Sakane: direct housing aid, accessible to MRE under conditions, up to MAD 100,000 depending on the property price.
- •Transfer and repatriation: fund your purchase via a Moroccan bank and repatriate your rents via the Office des Changes.
- •Investment framework: for projects with an economic component, the Investment Charter and regional schemes can add up, beyond a simple residential purchase.
Frequently asked questions
Is it a good time to buy in Morocco in 2026?
Credit conditions are among the most favorable in years, with a key rate at 2.25% and mortgage rates around 4.1% to 5.2%. Combined with the 2030 World Cup momentum and a housing deficit, the context supports prices in the medium term. The right time depends mostly on your project and your deposit capacity.
What are Morocco real estate prices by city in 2026?
As orders of magnitude, Casablanca is around MAD 13,900 per sqm on average, Tanger around 12,500, Rabat very high in Souissi, Marrakech variable by segment and Agadir more affordable. Gaps between neighborhoods are huge, always have the property valued locally.
Can an MRE borrow in Morocco to buy?
Yes. Moroccan banks finance up to 80% of the property over terms up to 25 years, with a deposit generally of 10 to 40%. Dedicated MRE credit offers exist.
Which city offers the best rental yield?
In 2026, Tanger stands out with a gross yield around 8%, ahead of Casablanca and Marrakech around 7%. Marrakech can aim higher in seasonal rental, at the cost of more active management and a regulatory framework to watch.
What are the pitfalls for an MRE buying remotely?
The main ones are the property's legal status (land title vs Moulkia), deposits paid without a solid contract, prices inflated for foreign buyers, and spoliation risks on a property left empty. Each is secured with the right reflexes and a trusted professional.
How do I transfer money and repatriate rents?
You fund your purchase via a Moroccan bank, and you repatriate your rental income via the Office des Changes. Keep all transfer proofs from the start, that is what conditions future repatriation.
Will major projects like the 2030 World Cup push prices up?
The massive investments planned by 2030 lift neighborhoods connected to the new infrastructure. It is a medium-term upside factor in the areas concerned, but not a guarantee everywhere. Aim for quality of location and connectivity.
Sources
- •Bank Al-Maghrib key rate (2.25%), 2026 growth, mortgage rates: Bank Al-Maghrib, Medias24
- •Prices by city and 2026 trends: Moroccan real estate observatories (Archiplan, Yakeey, Agenz, Masaken, Profit Morocco)
- •MRE and foreign buying trends, rental yields: 2026 market analyses (Profit Morocco, Cyril Jarnias, Sarouty)
- •Major projects (Zenata, Tanger Tech City, 2030 World Cup, MAD 1,300 billion): CRI Casablanca-Settat, 2030 World Cup press files
See also: Renting out your property in Morocco: Airbnb, agency or direct.
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