Moroccan Real Estate Market Resilient as Investors Eye Opportunities Amid Pandemic

More than 60% of Moroccans still want to acquire real estate and more than 65% expect a drop in prices and expect to find opportunities in the current circumstances. The health crisis is not disrupting real estate investment decisions, reveals L’Économiste which reports the results of a survey conducted by the international real estate network Keller Williams, among 500 clients and prospects.

Youssef Mansour, CEO of Keller Williams Morocco, points out that "real estate investments will not be spared from the change in priorities, directly linked to the difficulties experienced during confinement such as lack of space, garden and terrace...". The survey showed that 40% of people tend to adjust the selection criteria for their future property. They want a larger home, with a balcony, terrace and possibly a garden. While 25% are willing to settle far from their workplace, to enjoy these benefits and be closer to nature and a better climate. The latter hope to live better in a possible future confinement, particularly in the peripheral areas, he continued.